LOUISIANA FORESTRY ASSOCIATION (EIN 720428001) - 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

1947

Legal Domicile

Principal Officer

DAVID GRASSI

Phone

3184432558

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA FORESTRY ASSOCIATION, founded in 1947, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 14% surplus.

Mission

FOSTER FORESTRY IN LOUISIANA

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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 $467,239

Program Service Revenue $748,790

Investment Income $96,043

Other Revenue $0

TOTAL REVENUE $1,312,072

Expense Breakdown

Grants Paid $0

Salaries & Benefits $493,245

Fundraising Expenses $0

Other Expenses $636,047

TOTAL EXPENSES $1,129,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,312,072	$926,293	+0.4%
Expenses	$1,129,292	$1,111,753	+0.0%
Net Income	$182,780	$-185,460	-2.0%

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

148

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

$158,600

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES VANDERSTEEN	EXECUTIVE DI	N/A	Key Emp	$158,600	$0	$158,600
DAVID GRASSI	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROBERT TASSIN	TREASURER	N/A	Officer Director	$0	$0	$0
ANGIE BONNER	2ND VICE PRE	N/A	Officer Director	$0	$0	$0
WILL TULLOS	3RD VICE PRE	N/A	Officer 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	$1,312,072	$1,129,292	$1,332,508	$182,780
2022	$926,293	$1,111,753	$1,176,206	$-185,460
2021	$1,022,354	$823,555	$1,514,190	$198,799
2020	$869,311	$799,156	$1,373,139	$70,155
2019	$1,080,447	$1,003,380	$1,172,421	$77,067
2018	$931,741	$1,015,748	$1,147,495	$-84,007

LOUISIANA FORESTRY ASSOCIATION