LOTUS CLUB OF MONROE LA INC

EIN: 720393904

MONROE, LA

Total Revenue
$480,866
Total Expenses
$533,029
Total Assets
$327,446
Net Assets
$122,733
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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
1965
Legal Domicile
LA
Principal Officer
GEORGE ECCLES
Phone
3183238550
Tax Period
2021-12-01 to 2022-11-30

LOTUS CLUB OF MONROE LA INC, founded in 1965, is a small nonprofit that reported $481K in total revenue in fiscal year 2021. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $533K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE A QUIET PROFESSIONAL ENVIRONMENT FOR BUSINESS PROFESSIONALS TO MEET.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $330,478
Investment Income $225
Other Revenue $150,163
TOTAL REVENUE $480,866

Expense Breakdown

Grants Paid $0
Salaries & Benefits $314,345
Fundraising Expenses $0
Other Expenses $218,684
TOTAL EXPENSES $533,029

Year-over-Year Comparison

2021 2020 Change
Revenue $480,866 $437,138 +0.1%
Expenses $533,029 $465,712 +0.1%
Net Income $-52,163 $-28,574 +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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
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
1
$11,378
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE ECCLES MANAGER 40.00
Officer
$11,378 $0 $11,378
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
2022 $480,866 $533,029 $327,446 $-52,163
2021 $437,138 $465,712 $374,165 $-28,574
2020 $411,305 $443,850 $301,377 $-32,545
2018 $357,583 $404,531 $263,653 $-46,948
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