THE LOUISIANA WORKFORCE EDUCATION INITIATIVE

EIN: 464816971 501(c)(3) Science & Technology

BATON ROUGE, LA

Total Revenue
$19,000
Total Expenses
$2,467
Total Assets
$15,110
Net Assets
$-9,205
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
LA
Phone
2257692676
Tax Period
2020-01-01 to 2020-12-31

THE LOUISIANA WORKFORCE EDUCATION INITIATIVE, founded in 2014, is a micro nonprofit in the Science & Technology sector that reported $19K in total revenue in fiscal year 2020. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $17K, a strong 87% operating margin.

Mission

ORGANIZED FOR EDUCATIONAL AND CHARITABLE PURPOSES TO RECRUIT, INSPIRE AND TRAIN CURRENT AND FUTURE MENBERS OF THE WORKFORCE WHO HAVE LOW SKILLS FOR HIGH-INCOME, HIGH-DEMAND CAREERS IN THEIR REGION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $19,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $19,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,467
Other Expenses $2,467
TOTAL EXPENSES $2,467

Year-over-Year Comparison

2020 2019 Change
Revenue $19,000 $17,516 +0.1%
Expenses $2,467 $228,821 -1.0%
Net Income $16,533 $-211,305 -1.1%
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
2
Independent Members
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS TURNER Chairman 0.00
Director
$0 $0 $0
STEPHEN TOUPS Director 0.00
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
2020 $19,000 $2,467 $15,110 $16,533
2019 $17,516 $228,821 $22,800 $-211,305
2018 $522,582 $503,275 $185,567 $19,307
2017 $733,746 $753,534 $201,260 $-19,788
Explore More Nonprofits
→Top 100 Nonprofits in Louisiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE LOUISIANA WORKFORCE EDUCATION INITIATIVE 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.