Tradition Family Property - Louisiana Inc (EIN 300374121) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

Thomas E Drake

Phone

7855841112

Tax Period

2024-01-01 to 2024-12-31

Tradition Family Property - Louisiana Inc, founded in 2006, is a small nonprofit in the Religion sector that reported $659K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring.

Mission

To further the values of Christian civilization by defending the principles of tradition, family, and property and to spread the message of our Lady of Fatima. For this end, the Organization visited 450 households throughout Texas and Louisiana in 2024 and organized youth camps throughout the year.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $607,594

Program Service Revenue $36,230

Investment Income $0

Other Revenue $15,076

TOTAL REVENUE $658,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,547

Fundraising Expenses $64,001

Program Expenses $553,362

Other Expenses $579,387

TOTAL EXPENSES $692,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$658,900	$994,522	-0.3%
Expenses	$692,934	$626,596	+0.1%
Net Income	$-34,034	$367,926	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$52,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas E Drake	President/Director	60.00	Officer Director	$0	$0	$0
Celso LL da Costa	Vice-President/Director	40.00	Officer Director	$0	$0	$0
Cesar A Franco	Director	40.00	Director	$0	$0	$0
C Michael Drake	Secretary-Treasurer	4.00	Officer	$0	$0	$52,000

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
2024	$658,900	$692,934	$1,426,851	$-34,034
2023	$994,522	$626,596	$1,507,028	$367,926
2022	$807,527	$657,900	$1,208,366	$149,627
2021	$742,656	$543,072	$958,599	$199,584
2020	$587,519	$510,350	$781,136	$77,169
2019	$641,268	$574,295	$749,618	$66,973
2018	$540,724	$539,698	$710,376	$1,026

Tradition Family Property - Louisiana Inc