START Corporation (EIN 581687098) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

Casey Guidry

Phone

9853332020

Tax Period

2023-07-01 to 2024-06-30

START Corporation is a 501(c)(3) with EIN 581687098, based in Houma, LA. Founded in 1985, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $54,918,974 in total revenue and $52,289,023 in total expenses, with net assets of $17,358,760.

Mission

START Corporation has been an innovator and motivator for community projects serving disabled, mentally ill, and homeless individuals since its inception. It offers these types of individuals an opportunity for independence and self-reliance through community services.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,122,357

Program Service Revenue $28,402,224

Investment Income $292,141

Other Revenue $102,252

TOTAL REVENUE $54,918,974

Expense Breakdown

Grants Paid $6,212,526

Salaries & Benefits $28,969,628

Fundraising Expenses $175,300

Program Expenses $50,498,818

Other Expenses $17,106,869

TOTAL EXPENSES $52,289,023

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,918,974	$49,583,952	+0.1%
Expenses	$52,289,023	$44,666,940	+0.2%
Net Income	$2,629,951	$4,917,012	-0.5%

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

636

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

$2,875,281

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Molly Blakely	President	1.00	Officer Director	$0	$0	$0
Milly Dampeer	Secretary	1.00	Officer Director	$0	$0	$0
Ann Marmande	Treasurer	1.00	Officer Director	$0	$0	$0
Alma Washington	Board Member	1.00	Director	$0	$0	$0
Ray Ryhmes	Board Member	1.00	Director	$0	$0	$0
Marilyn Schwartz	Board Member	1.00	Director	$0	$0	$0
Kathy Kliebert	Board Member	1.00	Director	$0	$0	$0
Julie Neivers	Board Member	1.00	Director	$0	$0	$0
Karen Schilling	Board Member	1.00	Director	$0	$0	$0
Joy Martinez	Board Member	1.00	Director	$0	$0	$0
Travis Theriot	Board Member	1.00	Director	$0	$0	$0
Casey Guidry	President and Executive Director	40.00	Key Emp Highest	$485,391	$0	$485,391
Trudy Franks	VP of FQHCs	40.00	Key Emp Highest	$178,622	$0	$178,622
Adrianne C Duval	Regional Vice President	40.00	Key Emp Highest	$122,238	$0	$122,238
Donald Gleason	Regional Vice President	40.00	Key Emp Highest	$138,831	$0	$138,831
Analies Hand	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$133,438	$0	$133,438
Harry Brown	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$166,110	$0	$166,110
Kiuana Bright	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$162,563	$0	$162,563
Kelsia McKay	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$133,910	$0	$133,910
Lyssa Morris	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$104,927	$0	$104,927
Victoria White-Pittman	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$135,975	$0	$135,975
Angela Paretti	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$133,900	$0	$133,900
Eleisa Floyd	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$125,403	$0	$125,403
Shawn Keller	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$133,900	$0	$133,900
Debbie Pierce	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$137,169	$0	$137,169
Ralph Riley	Dentist	40.00	Key Emp Highest	$205,473	$0	$205,473
Rose Cuneo	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$133,910	$0	$133,910
Philip Lottinger	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$123,296	$0	$123,296
Courtney Clements	Advanced Practice Registered Nurse	40.00	Key Emp Highest	$120,225	$0	$120,225

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	$54,918,974	$52,289,023	$26,116,994	$2,629,951
2023	$49,583,952	$44,666,940	$23,545,832	$4,917,012
2022	$36,580,641	$37,164,745	$17,298,913	$-584,104
2021	$35,284,131	$31,873,231	$15,661,885	$3,410,900
2020	$30,640,812	$29,642,576	$12,824,412	$998,236
2019	$27,483,605	$26,721,365	$9,940,930	$762,240
2018	$23,687,843	$20,527,546	$8,286,635	$3,160,297

START Corporation