LARCINC

EIN: 720604268 501(c)(3) Human Services

LAFAYETTE, LA

Total Revenue
$11,822,582
Total Expenses
$11,191,488
Total Assets
$15,585,253
Net Assets
$12,123,335
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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
1961
Legal Domicile
LA
Principal Officer
STEVE JANKOWER
Phone
3379846110
Tax Period
2024-07-01 to 2025-06-30

LARCINC, founded in 1961, is a mid-sized nonprofit in the Human Services sector that reported $11.8M in total revenue in fiscal year 2024. Expenses of $11.2M left a modest 5% surplus.

Mission

TO SUPPORT PERSONS WITH DEVELOPMENTAL DISABILITIES IN REACHING THEIR GOALS OF SELF SUFFICIENCY, QUALITY OF LIFE AND SELF WORTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $189,477
Program Service Revenue $11,132,768
Investment Income $99,769
Other Revenue $400,568
TOTAL REVENUE $11,822,582

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,986,256
Fundraising Expenses $251,701
Program Expenses $9,547,188
Other Expenses $4,205,232
TOTAL EXPENSES $11,191,488

Year-over-Year Comparison

2024 2023 Change
Revenue $11,822,582 $11,737,427 +0.0%
Expenses $11,191,488 $11,879,804 -0.1%
Net Income $631,094 $-142,377 -5.4%
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
15
Independent Members
14
Employees
420
Volunteers
650

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
5
$0
Total Directors
14
$0
Key Employees
1
$181,029
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE JANKOWER PRESIDENT N/A
Officer Director
$0 $0 $0
PAUL MOLBERT VICE PRESIDE N/A
Officer Director
$0 $0 $0
MIKE BAUMBACH PAST PRESIDE N/A
Officer Director
$0 $0 $0
MARK ROMERO TREASURER N/A
Officer Director
$0 $0 $0
GREG SAVANT SECRETARY N/A
Officer Director
$0 $0 $0
DONNA MCCARDELL BOARD MEMBER N/A
Director
$0 $0 $0
LANI GARDES RICHARD BOARD MEMBER N/A
Director
$0 $0 $0
HARRY BARTON BOARD MEMBER N/A
Director
$0 $0 $0
JAMES SIMMONS JR BOARD MEMBER N/A
Director
$0 $0 $0
JOHNNY COX BOARD MEMBER N/A
Director
$0 $0 $0
RICKY BONIN BOARD MEMBER N/A
Director
$0 $0 $0
JIM LEACH BOARD MEMBER N/A
Director
$0 $0 $0
NATASCHA STEFFAN BOARD MEMBER N/A
Director
$0 $0 $0
TERRY MCFILLEN BOARD MEMBER N/A
Director
$0 $0 $0
BRIAN HENSGENS CEO 30.00
Key Emp
$163,029 $18,000 $181,029
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
2025 $11,822,582 $11,191,488 $15,585,253 $631,094
2024 $11,737,427 $11,879,804 $15,287,320 $-142,377
2023 $13,941,412 $11,369,048 $15,532,873 $2,572,364
2022 $10,711,166 $9,246,779 $12,720,693 $1,464,387
2021 $7,510,207 $6,380,217 $8,873,213 $1,129,990
2020 $7,100,432 $6,777,399 $7,680,146 $323,033
2019 $7,169,980 $6,642,804 $6,002,516 $527,176
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