CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE (EIN 651267691) - 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

2007

Legal Domicile

Principal Officer

JIM CLINTON

Phone

3184413400

Tax Period

2023-01-01 to 2023-12-31

CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE, founded in 2007, is a community nonprofit in the Public Safety sector that reported $2.1M in total revenue in fiscal year 2023.

Mission

THE MISSION OF CLEDA IS TO ADVANCE THE KNOWLEDGE AND UNDERSTANDING OF ECONOMICS AND TO DEVELOP ECONOMIC PLANNING AND DEVELOPMENT THAT WOULD BRING ABOUT IMPROVED EFFICIENCY, DEVELOPMENT AND ACCELARATION OF BOTH THE QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,027,327

Program Service Revenue $55,640

Investment Income $30,213

Other Revenue $22,365

TOTAL REVENUE $2,135,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,067,878

Fundraising Expenses $0

Program Expenses $1,655,579

Other Expenses $1,134,948

TOTAL EXPENSES $2,202,826

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,135,545	$2,175,065	0.0%
Expenses	$2,202,826	$1,953,948	+0.1%
Net Income	$-67,281	$221,117	-1.3%

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

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

$182,325

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAKE CHATELAIN	BOARD CHAIR	N/A	Officer	$0	$0	$0
DOUG GODDARD	BOARD VICE C	N/A	Officer	$0	$0	$0
JACKIE DAENEN	TREASURER	N/A	Officer	$0	$0	$0
ODAY LAVERGNE	SECRETARY	N/A	Officer	$0	$0	$0
JIM CLINTON	PRESIDENT/CE	40.00	Key Emp	$182,325	$0	$182,325
10 EXECUTIVE BOARD MEMBERS	EXECUTIVE BO	N/A	Director	$0	$0	$0
31 BOARD MEMBERS	BOARD MEMBER	N/A	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	$2,135,545	$2,202,826	$1,465,764	$-67,281
2022	$2,175,065	$1,953,948	$1,463,683	$221,117
2021	$1,697,073	$1,703,976	$1,099,569	$-6,903
2020	$1,605,562	$1,609,696	$1,118,238	$-4,134
2019	$1,847,256	$1,835,436	$1,369,330	$11,820
2018	$1,868,452	$1,913,222	$1,293,303	$-44,770

CENTRAL LOUISIANA ECONOMIC DEVELOPMENT ALLIANCE