LAFOURCHE PARISH FARM BUREAU INC (EIN 720642841) - 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

1955

Legal Domicile

Principal Officer

RENE HEBERT

Phone

9854473870

Tax Period

2024-05-01 to 2025-04-30

LAFOURCHE PARISH FARM BUREAU INC, founded in 1955, is a small nonprofit that reported $401K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $458K exceeded revenue, resulting in a 14% operating deficit.

Mission

FORMED FOR THE PROMOTION ANDPROTECTION OF AGRICULTURE.

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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 $77,873

Program Service Revenue $0

Investment Income $31,482

Other Revenue $291,587

TOTAL REVENUE $400,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $287,710

Fundraising Expenses $0

Other Expenses $170,727

TOTAL EXPENSES $458,437

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,942	$554,006	-0.3%
Expenses	$458,437	$503,854	-0.1%
Net Income	$-57,495	$50,152	-2.1%

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

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
RANDY TOUPS	PAST PRESIDENT	0.23	Officer Director	$0	$0	$0
RENE HEBERT	PRESIDENT	2.00	Officer Director	$0	$0	$0
RALPH BABIN	1ST VICE PRESIDENT	0.23	Officer Director	$0	$0	$0
AARON FORET	2ND VICE PRESIDENT	0.23	Officer Director	$0	$0	$0
STEVE MATHERNE	SECRETARY	0.23	Officer Director	$0	$0	$0
TRISTAN FORET	BOARD MEMBER	0.23	Director	$0	$0	$0
MARGARET BABIN	WOMEN'S COMMITTEE CHAIR	2.00	Director	$0	$0	$0
BRYAN HARANG	CHAIR	0.23	Director	$0	$0	$0
PHILIP RICHARD	BOARD MEMBER	0.23	Director	$0	$0	$0
ANDRE DANOS	BOARD MEMBER	0.23	Director	$0	$0	$0
JASON RICHARD	TREASURER	0.23	Director	$0	$0	$0
CHRIS GRAVOIS	BOARD MEMBER	0.23	Director	$0	$0	$0
BOBBY GRAVOIS	BOARD MEMBER	0.08	Director	$0	$0	$0
GODFREY KNIGHT	BOARD MEMBER	0.23	Director	$0	$0	$0
REED SCHEXNAYDER	BOARD MEMBER	0.23	Director	$0	$0	$0
BOB PITRE	BOARD MEMBER	0.23	Director	$0	$0	$0
PHILIP WEIMER	BOARD MEMBER	0.08	Director	$0	$0	$0
RAMSEY KELLER	BOARD MEMBER	0.08	Director	$0	$0	$0
MICHAEL HEBERT	BOARD MEMBER	0.23	Director	$0	$0	$0
RANDI LYN TOUPS	YF&R CHAIR	0.23	Director	$0	$0	$0
BRIAN NAQUIN	BOARD MEMBER	0.08	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
2025	$400,942	$458,437	$1,920,440	$-57,495
2024	$554,006	$503,854	$1,841,485	$50,152
2023	$486,845	$468,117	$1,790,973	$18,728
2022	$486,557	$419,758	$1,772,058	$66,799
2021	$485,999	$444,351	$1,705,398	$41,648

LAFOURCHE PARISH FARM BUREAU INC