LAFAYETTE CHARTER FOUNDATION INC

EIN: 461200082 501(c)(3)

LAFAYETTE, LA

Total Revenue
$43,747,874
Total Expenses
$43,379,254
Total Assets
$75,344,341
Net Assets
$-5,358,530
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
LA
Principal Officer
MARY LOUELLA RIGGS-COOK
Phone
3373741209
Tax Period
2022-07-01 to 2023-06-30

LAFAYETTE CHARTER FOUNDATION INC is a 501(c)(3) with EIN 461200082, based in LAFAYETTE, LA. Founded in 2012, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $43,747,874 in total revenue and $43,379,254 in total expenses, with net assets of $-5,358,530.

Mission

THIS NONPROFIT CORPORATION IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. THE FOUNDATION IS COMPRISED OF RESPECTED LEADERS IN THE STATE OF LOUISIANA THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE STUDENTS AND FAMILIES OF LOUISIANA.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $42,655,365
Program Service Revenue $799,432
Investment Income $23,108
Other Revenue $269,969
TOTAL REVENUE $43,747,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,507,843
Fundraising Expenses $0
Program Expenses $32,269,049
Other Expenses $24,871,411
TOTAL EXPENSES $43,379,254

Year-over-Year Comparison

2022 2021 Change
Revenue $43,747,874 $33,949,865 +0.3%
Expenses $43,379,254 $33,845,796 +0.3%
Net Income $368,620 $104,069 +2.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
8
Independent Members
8
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK PUGH TRUSTEE 1.00
Director
$0 $0 $0
DR DR NANCY GOMEZ TRUSTEE 1.00
Director
$0 $0 $0
KIM VAVASSEUR TRUSTEE 1.00
Director
$0 $0 $0
MURUGAN AMBALAKANNU TRUSTEE 1.00
Director
$0 $0 $0
DR MARY LOUELLA RIGGS-COOK PRESIDENT 1.00
Officer
$0 $0 $0
ERICA WILLIAMS VICE PRESIDENT 1.00
Officer
$0 $0 $0
KAREN MILLER LEWIS TREASURER 1.00
Officer
$0 $0 $0
JARED LABUE SECRETARY 1.00
Officer
$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 $43,747,874 $43,379,254 $75,344,341 $368,620
2022 $33,949,865 $33,845,796 $43,368,888 $104,069
2021 $27,089,084 $26,084,470 $33,304,298 $1,004,614
2020 $20,406,420 $20,594,732 $21,881,388 $-188,312
2019 $19,306,048 $20,419,462 $22,002,537 $-1,113,414
2018 $18,414,109 $19,200,061 $24,056,791 $-785,952
Explore More Nonprofits
→Top 100 Nonprofits in Louisiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LAFAYETTE CHARTER FOUNDATION INC with other nonprofits in Louisiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.