LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT

EIN: 462032249 501(c)(3) Education

SHREVEPORT, LA

Total Revenue
$-11,147
Total Expenses
$259,082
Total Assets
$4,466,925
Net Assets
$-2,526,777
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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
2003
Legal Domicile
LA
Principal Officer
KEVIN FLOOD
Phone
3188610855
Tax Period
2022-07-01 to 2023-06-30

LSU HEALTH SCIENCES BUILDING FOUNDATION IN SHREVEPORT, founded in 2003, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2022.

Mission

OUR MISSION IS TO INSPIRE DONORS TO INVEST IN LSU HEALTH SHREVEPORT AND STEWARD CONTRIBUTIONS TOWARD ITS SUPPORT. THE FOUNDATION WILL ACQUIRE, HOLD, ENCUMBER, IMPROVE, LEASE, DONATE AND/OR SELL REAL PROPERTY ON BEHALF OF THE RELATED ORGANIZATION, THE LSU HEALTH SCIENCES FOUNDATION. ALL SUCH REAL PROPERTY SHALL BE FOR THE SOLE USE OF THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER AT SHREVEPORT.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-11,147
TOTAL REVENUE $-11,147

Expense Breakdown

Grants Paid $259,082
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $259,082
Other Expenses $0
TOTAL EXPENSES $259,082

Year-over-Year Comparison

2022 2021 Change
Revenue $-11,147 $-20,530 -0.5%
Expenses $259,082 N/A N/A
Net Income $-270,229 $-20,530 +12.2%
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
21
Independent Members
21
Employees
N/A
Volunteers
21

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
7
$353,774
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE ABRAHAM III MD DIRECTOR 0.50
Director
$0 $0 $0
DAVID ABDEHOU DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL BUSADA DIRECTOR 0.50
Director
$0 $0 $0
PATRICK HARRISON DIRECTOR 0.50
Director
$0 $0 $0
JAMES HOBLEY MD DIRECTOR 0.50
Director
$0 $0 $0
JERRY JONES DIRECTOR 0.50
Director
$0 $0 $0
ROB KING III DIRECTOR 0.50
Director
$0 $0 $0
BILL COMEGYS VICE CHAIR/INVESTMENT CHAIR 0.50
Officer Director
$0 $0 $0
RAY LASSEIGNE TREASURER/FINANCE CHAIR 0.50
Officer Director
$0 $0 $0
ASHLEY PRINCE DIRECTOR 0.50
Director
$0 $0 $0
NANCY GERMANY DIRECTOR 0.50
Director
$0 $0 $0
BUBBA RASBERRY DIRECTOR/GOVERNANCE CHAIR 0.50
Director
$0 $0 $0
SHANE BRIDGES DIRECTOR/PROPERTY CHAIR 0.50
Director
$0 $0 $0
MARK GARRETT DIRECTOR 0.50
Director
$0 $0 $0
DENNIS O'CALLAGHAN DIRECTOR 0.50
Director
$0 $0 $0
VALARIE JAMISON SECRETARY/AUDIT CHAIR 0.50
Officer Director
$0 $0 $0
JOHN EVANS DIRECTOR 0.50
Director
$0 $0 $0
TOM OSTENDORFF III BOARD CHAIR 0.50
Officer Director
$0 $0 $0
SUSAN MOFFIT DIRECTOR/DEVELOPMENT COMMITTEE CHAIR 0.50
Director
$0 $0 $0
ARMAND ROOS IMMEDIATE PAST CHAIR 0.50
Officer Director
$0 $0 $0
DONALD POSNER DIRECTOR 0.50
Director
$0 $0 $0
KEVIN FLOOD PRESIDENT & CEO 0.50
Officer
$0 $15,968 $184,734
BRIGETTE ROSE CFO 0.50
Officer
$0 $14,750 $169,040
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 $-11,147 $259,082 $4,466,925 $-270,229
2022 $-20,530 No data $4,718,415 No data
2021 $-79,101 No data $4,203,393 No data
2020 $-76,055 No data $3,836,101 No data
2019 $-70,408 No data $3,561,334 No data
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