LOUISIANA HOUSING ASSOCIATION INC (EIN 431054068) - 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

1976

Legal Domicile

Principal Officer

BRENDA HURD

Phone

5737545333

Tax Period

2022-01-01 to 2022-12-31

LOUISIANA HOUSING ASSOCIATION INC, founded in 1976, is a small nonprofit that reported $402K in total revenue in fiscal year 2022. Expenses of $378K left a modest 6% surplus.

Mission

TO PROVIDE LOW INCOME HOUSING TO QUALIFIED TENANTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $381,255

Investment Income $334

Other Revenue $20,825

TOTAL REVENUE $402,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $340,209

Other Expenses $378,469

TOTAL EXPENSES $378,469

Year-over-Year Comparison

	2022	2021	Change
Revenue	$402,414	$396,830	+0.0%
Expenses	$378,469	$393,154	0.0%
Net Income	$23,945	$3,676	+5.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYRON ARTTUS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNY DOWELL	VICE-PRES.	1.00	Officer Director	$0	$0	$0
STACEY HOFFMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH SCHUCKENBROCK	ASST. SECRETARY	1.00	Officer Director	$0	$0	$0
CHASTITY AUSTIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
TERRY TRAYNOR	DIRECTOR	1.00	Director	$0	$0	$0
PAM TODD-WATTS	DIRECTOR	1.00	Director	$0	$0	$0
STEVE WISEMAN	DIRECTOR	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
2022	$402,414	$378,469	$830,985	$23,945
2021	$396,830	$393,154	$853,596	$3,676
2020	$382,239	$387,738	$885,233	$-5,499
2019	$401,083	$418,786	$919,862	$-17,703
2018	$389,815	$371,071	$968,916	$18,744

LOUISIANA HOUSING ASSOCIATION INC