LABI Foundation (EIN 464858854) - 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

2014

Legal Domicile

Principal Officer

Will Green

Phone

2259285388

Tax Period

2024-01-01 to 2024-12-31

LABI Foundation, founded in 2014, is a small nonprofit in the Employment sector that reported $160K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring.

Mission

To partner with business leaders to educate and help deliver successful strategies to maximize Louisiana's economic potential by offering educational materials and programs on areas of importance in Louisiana.

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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 (2024)

Revenue Breakdown

Contributions & Grants $110,000

Program Service Revenue $49,600

Investment Income $0

Other Revenue $0

TOTAL REVENUE $159,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,339

Other Expenses $166,151

TOTAL EXPENSES $166,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,600	$475,000	-0.7%
Expenses	$166,151	$504,614	-0.7%
Net Income	$-6,551	$-29,614	-0.8%

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
Maura Donahue	President	1.00	Officer Director	$0	$0	$0
Reldon Owens	Vice President	1.00	Officer Director	$0	$0	$0
Clay Allen	Treasurer	1.00	Officer Director	$0	$0	$0
Christopher Kinsey	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
2024	$159,600	$166,151	$40,073	$-6,551
2023	$475,000	$504,614	$46,624	$-29,614
2022	$383,943	$460,672	$76,238	$-76,729
2021	$222,409	$71,202	$152,967	$151,207
2020	$693,092	$746,256	$1,760	$-53,164
2018	$475	$3,840	$1,499	$-3,365

LABI Foundation