ST MARGARETS FOUNDATION

EIN: 272362741 501(c)(3) Health Care

NEW ORLEANS, LA

Total Revenue
$11,518,049
Total Expenses
$11,602,857
Total Assets
$32,960,075
Net Assets
$27,272,867
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
LA
Principal Officer
LAWRENCE STANSBERRY
Phone
5043735923
Tax Period
2022-07-01 to 2023-06-30

ST MARGARETS FOUNDATION, founded in 2010, is a mid-sized nonprofit in the Health Care sector that reported $11.5M in total revenue in fiscal year 2022. Revenue surged 12422% from the prior year, signaling strong growth momentum. Net assets of $27.3M represent 28 months of operating reserves.

Mission

TO PROVIDE CHARITABLE, RESEARCH, RENDERING OF OTHER SERVICES RELATED TO HEALTHCARE, RENDERING REHABILITATION SERVICES INCLUDING PURCHASING, ACQUIRING, MAINTAINING, OPERATING, DEVELOPING AND LEASING REAL PROPERTY, AND RECEIVING AND ADMINISTERING DONATIONS OF MONEY, SERVICES, PROPERTY, OR OTHER THINGS OF VALUE FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,750,449
Program Service Revenue $8,543,467
Investment Income $2,077
Other Revenue $1,222,056
TOTAL REVENUE $11,518,049

Expense Breakdown

Grants Paid $22,030
Salaries & Benefits $6,017,900
Fundraising Expenses $0
Program Expenses $10,444,773
Other Expenses $5,562,927
TOTAL EXPENSES $11,602,857

Year-over-Year Comparison

2022 2021 Change
Revenue $11,518,049 $91,983 +124.2%
Expenses $11,602,857 $607,274 +18.1%
Net Income $-84,808 $-515,291 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
6
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$149,001
Total Directors
5
$236,392
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY STANSBERRY III PRESIDENT/CEO 20.00
Officer Director
$65,001 $0 $149,001
PAT ARNOLD SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
COLLIN STANSBERRY BOARD MEMBER 1.00
Director
$0 $0 $87,391
JOHN SWEET BOARD MEMBER 1.00
Director
$0 $0 $0
JOSPEH SCHONACHER BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $11,518,049 $11,602,857 $32,960,075 $-84,808
2022 $91,983 $607,274 $30,188,849 $-515,291
2021 $1,861 $463,661 $30,038,489 $-461,800
2020 $3,758,836 $662,630 $30,091,148 $3,096,206
2019 $1,588,939 $637,700 $29,535,580 $951,239
2018 $1,884,514 $864,443 $28,435,278 $1,020,071
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