Shreveport Common Inc

EIN: 475377647 501(c)(3) Community Improvement

Shreveport, LA

Total Revenue
$96,199
Total Expenses
$101,222
Total Assets
$688,142
Net Assets
$688,142
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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
LA
Principal Officer
Wendy Benscoter
Phone
3186736537
Tax Period
2023-01-01 to 2023-12-31

Shreveport Common Inc, founded in 2014, is a micro nonprofit in the Community Improvement sector that reported $96K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Net assets of $688K represent 86 months of operating reserves.

Mission

Shreveport Common Inc mission is to facilitate public/private partnerships to implement the Shreveport Common Vision Plan for an Arts-Inspired revitalization of Shreveport Common to an UNcommon Creative Cultural Community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $89,147
Program Service Revenue $0
Investment Income $3,352
Other Revenue $3,700
TOTAL REVENUE $96,199

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,919
Fundraising Expenses $0
Program Expenses $101,222
Other Expenses $34,303
TOTAL EXPENSES $101,222

Year-over-Year Comparison

2023 2022 Change
Revenue $96,199 $103,117 -0.1%
Expenses $101,222 $143,831 -0.3%
Net Income $-5,023 $-40,714 -0.9%
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
24
Independent Members
24
Employees
N/A
Volunteers
25

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
1
$60,000
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shelly Ragle Chairman 4.00
Director
$0 $0 $0
Aaron Storer Vice Chairman 0.50
Director
$0 $0 $0
JB Beaird Vice Chairman 2.00
Director
$0 $0 $0
Melinda Schimberg Treasurer 1.00
Director
$0 $0 $0
Debra Seamster Secretary 0.50
Director
$0 $0 $0
Jack Allen Board Member 0.50
Director
$0 $0 $0
Pam Atchison Board Member 4.00
Director
$0 $0 $0
Wendy Benscoter Executive Director 50.00
Officer
$60,000 $0 $60,000
Adam Bailey Board Member 0.50
Director
$0 $0 $0
Cole Anderson Board Member 0.50
Director
$0 $0 $0
Jeff Everson Board Member 0.50
Director
$0 $0 $0
Torri Smith Board Member 0.50
Director
$0 $0 $0
Lemar Flukers Board Member 0.50
Director
$0 $0 $0
Taylor Jamison Board Member 0.50
Director
$0 $0 $0
Gary Brooks Board Member 0.50
Director
$0 $0 $0
Victor Thomas Board Member 0.50
Director
$0 $0 $0
Jason Holland Board Member 0.50
Director
$0 $0 $0
Dominique McLemore Board Member 0.50
Director
$0 $0 $0
Cameron Jones Board Member 0.50
Director
$0 $0 $0
Dannye Malone Board Member 0.50
Director
$0 $0 $0
Bonnie Moore Board Member 0.50
Director
$0 $0 $0
Ben Moss Board Member 0.50
Director
$0 $0 $0
Connor Peterson Board Member 0.50
Director
$0 $0 $0
Kent Rogers Board Member 0.50
Director
$0 $0 $0
Janie Landry Board Member 0.50
Director
$0 $0 $0
Aaron Storer Board Member 0.50
Director
$0 $0 $0
Liz Swaine Board Member 0.50
Director
$0 $0 $0
Alan Warren Board Member 0.50
Director
$0 $0 $0
Tim Wright Board Member 0.50
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 No data No data No data No data
2023 $96,199 $101,222 $688,142 $-5,023
2022 $103,117 $143,831 $693,269 $-40,714
2021 $80,436 $181,577 $734,247 $-101,141
2020 $58,651 $208,137 $837,393 $-149,486
2019 $340,683 $3,811 $978,879 $336,872
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