LOUISIANA CHEMICAL ASSOCIATION (EIN 720518779) - 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

1959

Legal Domicile

Principal Officer

DAVID CRESSON

Phone

2253442609

Tax Period

2024-01-01 to 2024-12-31

LOUISIANA CHEMICAL ASSOCIATION, founded in 1959, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024.

Mission

TRADE ASSOCIATION REPRESENTING THE INTERESTS OF CHEMICAL MANUFACTURERS LOCATED IN THE STATE OF LOUISIANA IN THE AREAS OF GOVERNMENTAL, ENVIRONMENTAL, HEALTH, SAFETY AND SECURITY, AND PUBLIC RELATIONS AND WORKFORCE ISSUES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,605,276

Investment Income $18,187

Other Revenue $7,859

TOTAL REVENUE $2,631,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,392,167

Fundraising Expenses $0

Program Expenses $391,745

Other Expenses $1,199,652

TOTAL EXPENSES $2,591,819

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,631,322	$2,668,492	0.0%
Expenses	$2,591,819	$2,434,699	+0.1%
Net Income	$39,503	$233,793	-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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

$770,948

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAI NGUYEN	MEMBER	2.00	Director	$0	$0	$0
DANNY CEDOTAL	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DAVE LUECKE	TREASURER	2.00	Officer Director	$0	$0	$0
GREG GRAY	MEMBER	2.00	Director	$0	$0	$0
JERRY LEBOLD	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOHN HABISREITINGER	PAST CHAIR	2.00	Director	$0	$0	$0
MARK DEARMAN	PAST CHAIR	2.00	Director	$0	$0	$0
MARK KERN	PAST CHAIRMAN	2.00	Director	$0	$0	$0
MARK PETERS	SECRETARY	2.00	Officer Director	$0	$0	$0
NAOMI WOODARD	MEMBER	2.00	Director	$0	$0	$0
GENESSE MCGARITY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LUCA BALBO	MEMBER	2.00	Director	$0	$0	$0
KARIN COOK	MEMBER	2.00	Director	$0	$0	$0
ROLAND FRANK	MEMBER	2.00	Director	$0	$0	$0
RANDY LINDSLY	MEMBER	2.00	Director	$0	$0	$0
DAVID SCHRUTKA	MEMBER	2.00	Director	$0	$0	$0
GREGORY BOWSER	PRESIDENT	40.00	Key Emp	$407,598	$6,488	$414,086
JEFFREY LANDRY	VICE-PRESIDENT	40.00	Key Emp	$185,892	$349	$186,241
TOKESHA COLLINS WRIGHT	VICE-PRESIDENT	40.00	Key Emp	$170,423	$198	$170,621

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	$2,631,322	$2,591,819	$2,507,640	$39,503
2023	$2,668,492	$2,434,699	$2,588,221	$233,793
2022	$2,534,475	$2,346,433	$2,709,437	$188,042
2021	$2,388,218	$2,179,496	$1,802,007	$208,722
2020	$2,336,212	$2,232,163	$1,932,034	$104,049
2019	$2,522,485	$2,363,104	$1,576,872	$159,381
2018	$2,335,689	$2,463,281	$1,514,203	$-127,592

LOUISIANA CHEMICAL ASSOCIATION