TERREBONNE FOUNDATION FOR ACADEMIC EXCELLENCE IN PUBLIC EDUCATION

EIN: 581983477 501(c)(3) Philanthropy & Grantmaking

HOUMA, LA

Total Revenue
$326,465
Total Expenses
$241,762
Total Assets
$3,902,468
Net Assets
$3,902,468
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
LA
Principal Officer
WINNIE PELLEGRIN
Phone
9858685881
Tax Period
2024-01-01 to 2024-12-31

TERREBONNE FOUNDATION FOR ACADEMIC EXCELLENCE IN PUBLIC EDUCATION, founded in 1991, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $326K in total revenue in fiscal year 2024. Revenue surged 107% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 26% operating margin.

Mission

THE FOUNDATION'S PURPOSE IS TO POSITIVELY AFFECT ACADEMIC ACHIEVEMENT AND TO FUNDAMENTALLY IMPROVE EDUCATION FOR STUDENTS IN THE TERREBONNE PARISH PUBLIC SCHOOL SYSTEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $141,338
Program Service Revenue $0
Investment Income $193,878
Other Revenue $-8,751
TOTAL REVENUE $326,465

Expense Breakdown

Grants Paid $127,151
Salaries & Benefits $60,284
Fundraising Expenses $12,087
Program Expenses $174,776
Other Expenses $54,327
TOTAL EXPENSES $241,762

Year-over-Year Comparison

2024 2023 Change
Revenue $326,465 $158,051 +1.1%
Expenses $241,762 $220,720 +0.1%
Net Income $84,703 $-62,669 -2.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
1
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
4
$0
Total Directors
18
$56,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDRA CASEY LIZOTTE BOARD MEMBER 1.00
Director
$0 $0 $0
MARY DITCH BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER SMITH CHIASSON SECRETARY 2.00
Officer Director
$0 $0 $0
RICKY MURPHY BOARD MEMBER 1.00
Director
$0 $0 $0
TOMMY GUARISCO BOARD MEMBER 1.00
Director
$0 $0 $0
ARLANDA WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH JONES BOARD MEMBER 1.00
Director
$0 $0 $0
GLENNY LEE BUQUET BOARD MEMBER 1.00
Director
$0 $0 $0
WINNIE PELLEGRIN PRESIDENT 2.00
Officer Director
$0 $0 $0
BRIAN ARCENEAUX BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL J WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
MARK FELGER TREASURER 2.00
Officer Director
$0 $0 $0
STEVEN BARBERA BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE ROBICHAUX BOARD MEMBER 1.00
Director
$0 $0 $0
E STAN GRAVOIS BOARD MEMBER 1.00
Director
$0 $0 $0
ANA NANNEY BOARD MEMBER 1.00
Director
$0 $0 $0
RUSTY BOURG VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ASHLEE CHAMPAGNE BARAHONA EXECUTIVE DIRECTOR 40.00
Director
$56,000 $0 $56,000
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 $326,465 $241,762 $3,902,468 $84,703
2023 $158,051 $220,720 $3,601,675 $-62,669
2022 $191,227 $275,036 $3,297,419 $-83,809
2021 $426,575 $286,825 $3,896,245 $139,750
2020 $268,944 $295,640 $3,417,824 $-26,696
2019 $314,724 $333,440 $3,258,594 $-18,716
2018 $347,993 $290,568 $2,940,588 $57,425
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