LMTA FOUNDATION INC (EIN 463724946) - 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

2013

Legal Domicile

Principal Officer

TOM O'NEAL

Phone

2259285685

Tax Period

2023-01-01 to 2023-12-31

LMTA FOUNDATION INC, founded in 2013, is a small nonprofit in the Education sector that reported $973K in total revenue in fiscal year 2023. The organization ran a surplus of $631K, a strong 65% operating margin.

Mission

THE MISSION IS TO ENHANCE THE UNDERSTANDING OF AND IMAGE OF THE LOUISIANA TRUCKING INDUSTRY, INCREASE HIGHWAY SAFETY AND PURSUE WORKFORCE SOLUTIONS FOR THE INDUSTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $960,915

Investment Income $12,324

Other Revenue $0

TOTAL REVENUE $973,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $330,275

Other Expenses $341,968

TOTAL EXPENSES $341,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$973,239	$971,649	+0.0%
Expenses	$341,968	$769,296	-0.6%
Net Income	$631,271	$202,353	+2.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BECK	TREASURER	N/A	Officer Director	$0	$0	$0
TOM O'NEAL	CHAIRMAN	N/A	Officer Director	$0	$0	$0
GREG STEWART	BOARD MEMBER	N/A	Director	$0	$0	$0
LARRY TERRELL	BOARD MEMBER	N/A	Director	$0	$0	$0
ELLIS VLIET	BOARD MEMBER	N/A	Director	$0	$0	$0
RENEE AMAR	EXECUTOR DIR	N/A	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	$973,239	$341,968	$2,122,347	$631,271
2022	$971,649	$769,296	$1,507,358	$202,353
2021	$976,953	$677,575	$1,302,173	$299,378
2020	$1,043,315	$53,970	$1,000,871	$989,345

LMTA FOUNDATION INC