LOUISIANA ASPHALT PAVEMENT ASSOCIATION (EIN 720520570) - 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

Phone

2259279737

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA ASPHALT PAVEMENT ASSOCIATION, founded in 1959, is a small nonprofit that reported $577K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $534K left a modest 7% surplus.

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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 $3,500

Program Service Revenue $570,823

Investment Income $2,228

Other Revenue $0

TOTAL REVENUE $576,551

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,603

Fundraising Expenses $0

Other Expenses $230,445

TOTAL EXPENSES $534,048

Year-over-Year Comparison

	2023	2022	Change
Revenue	$576,551	$512,435	+0.1%
Expenses	$534,048	$486,697	+0.1%
Net Income	$42,503	$25,738	+0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICH PONTI	EXECUTIVE DIRECTOR	40.00		$290,648	$0	$290,648
ASPHALT PRODUCTS UNLIMITED INC	Secretary	1.00	Officer	$0	$0	$0
BARRIERE CONSTRUCTION CO LLC	Vice President	1.00	Officer	$0	$0	$0
BENTON BROWN LLC	Trustee	1.00		$0	$0	$0
BOH BROTHERS	Trustee	1.00		$0	$0	$0
DIAMOND B CONSTRUCTION LLC	Trustee	1.00		$0	$0	$0
ERGON ASPHALT EMULSIONSS	Trustee	1.00		$0	$0	$0
HUEY P STOCKSTILL LLC	Trustee	1.00		$0	$0	$0
LAFARGE HOLCIM LLC	Trustee	1.00		$0	$0	$0
LOUISIANA CAT	Trustee	1.00		$0	$0	$0
MADDEN CONTRACTING	Trustee	1.00		$0	$0	$0
MARATHON PETROLEUM COMPANY LP	Trustee	1.00		$0	$0	$0
MARTIN MARIETTA MATERIALS INC	Trustee	1.00		$0	$0	$0
PINE BLUFF SAND AND GRAVEL CO	Trustee	1.00		$0	$0	$0
PRAIRIE CONTRACTORS INC	Trustee	1.00		$0	$0	$0
R E HEIDT CONSTRUCTION CO LLC	Treasurer	1.00	Officer	$0	$0	$0
R J DAIGLE SONS CONTRACTORS	Vice President	1.00	Officer	$0	$0	$0
VALERO MARKETING AND SUPPLY	Trustee	1.00		$0	$0	$0
VULCAN MATERIALS COMPANY	Trustee	1.00		$0	$0	$0
DJ CONSTRUCTION COMPANY	Trustee	1.00		$0	$0	$0
APAC - MISSISSIPPI	President	1.00	Officer	$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	$576,551	$534,048	$466,122	$42,503
2022	$512,435	$486,697	$443,612	$25,738
2021	$446,744	$435,956	$412,703	$10,788
2020	$471,914	$377,610	$419,989	$94,304
2019	$494,619	$459,610	$325,685	$35,009
2018	$545,498	$486,039	$279,588	$59,459

LOUISIANA ASPHALT PAVEMENT ASSOCIATION