N LOUISIANA NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (EIN 720442166) - 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

1944

Legal Domicile

Principal Officer

STEVEN G MARTIN

Phone

3186869541

Tax Period

2023-01-01 to 2023-12-31

N LOUISIANA NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION, founded in 1944, is a small nonprofit that reported $679K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $191K, a strong 28% operating margin.

Mission

TO PROVIDE EDUCATIONAL WORKSHOPS, CONVENTIONS, AND SEMINARS PERTAINING TO THE ELECTRICAL CONTRACTING INDUSTRY FOR APPROXIMATELY 20-30 CONTRACTORS.

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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 $0

Program Service Revenue $197,823

Investment Income $8,089

Other Revenue $473,233

TOTAL REVENUE $679,145

Expense Breakdown

Grants Paid $106,100

Salaries & Benefits $191,427

Fundraising Expenses $0

Program Expenses $411,763

Other Expenses $190,188

TOTAL EXPENSES $487,715

Year-over-Year Comparison

	2023	2022	Change
Revenue	$679,145	$547,649	+0.2%
Expenses	$487,715	$561,608	-0.1%
Net Income	$191,430	$-13,959	-14.7%

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

N/A

Employees

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

$125,491

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN G MARTIN	EXECUTIVE DI	40.00	Officer	$100,381	$25,110	$125,491
JIMMY FEAZEL	GOVERNOR	N/A	Officer Director	$0	$0	$0
SCOTT KING	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD ROBERTS	VICE PRESIDE	N/A	Director	$0	$0	$0
BOB RODGERS	TREASURER	N/A	Officer Director	$0	$0	$0
JACK SPRING	PRESIDENT	N/A	Officer Director	$0	$0	$0
KEN WELCH	DIRECTOR	N/A	Officer Director	$0	$0	$0
KEITH WILHITE	DIRECTOR	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	$679,145	$487,715	$893,281	$191,430
2022	$547,649	$561,608	$702,046	$-13,959
2021	$322,249	$281,853	$715,874	$40,396
2020	$223,493	$228,602	$675,606	$-5,109

N LOUISIANA NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION