AGRED FOUNDATION

EIN: 311527889 501(c)(3) Philanthropy & Grantmaking

SHREVEPORT, LA

Total Revenue
$17,964
Total Expenses
$77,221
Total Assets
$1,792,309
Net Assets
$1,225,104
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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
1998
Legal Domicile
LA
Principal Officer
ERIC H FLETCHER
Phone
3188691275
Tax Period
2023-01-01 to 2023-12-31

AGRED FOUNDATION, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $18K in total revenue in fiscal year 2023. Expenses of $77K exceeded revenue, resulting in a 330% operating deficit.

Mission

RAISE FUNDS FOR SCIENTIFIC RESEARCH AND OTHER ACTIVITIES IN THE FIELD OF CONSERVATION BIOLOGY FOR THE PURPOSE OF SECURING THE EXTENSION OF HABITAT FOR ALL WILDLIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,304
Program Service Revenue $3,660
Investment Income $0
Other Revenue $0
TOTAL REVENUE $17,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,221
Other Expenses $77,221
TOTAL EXPENSES $77,221

Year-over-Year Comparison

2023 2022 Change
Revenue $17,964 $17,866 +0.0%
Expenses $77,221 $44,792 +0.7%
Net Income $-59,257 $-26,926 +1.2%
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
5
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC H FLETCHER DIRECTOR N/A
Officer 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
2024 No data No data No data No data
2023 $17,964 $77,221 $1,792,309 $-59,257
2022 $17,866 $44,792 $1,798,002 $-26,926
2021 $83,405 $133,559 $1,793,337 $-50,154
2020 $16,959 $86,231 $1,795,089 $-69,272
2018 $57,887 $150,585 $1,794,431 $-92,698
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