TERREBONNE COUNCIL ON AGING INC

EIN: 720683976 501(c)(3) Human Services

HOUMA, LA

Total Revenue
$12,722,492
Total Expenses
$12,297,607
Total Assets
$25,288,217
Net Assets
$19,892,878
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
LA
Principal Officer
MARY JANE WALKER
Phone
9858688411
Tax Period
2024-07-01 to 2025-06-30

TERREBONNE COUNCIL ON AGING INC, founded in 1975, is a mid-sized nonprofit in the Human Services sector that reported $12.7M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $12.3M left a modest 3% surplus.

Mission

TO PROMOTE THE WELFARE AND DELIVERY OF SERVICES TO THE ELDERLY OF TERREBONNE PARISH

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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 $11,744,409
Program Service Revenue $1,414
Investment Income $328,794
Other Revenue $647,875
TOTAL REVENUE $12,722,492

Expense Breakdown

Grants Paid $472,584
Salaries & Benefits $4,842,459
Fundraising Expenses $0
Program Expenses $11,529,807
Other Expenses $6,982,564
TOTAL EXPENSES $12,297,607

Year-over-Year Comparison

2024 2023 Change
Revenue $12,722,492 $9,848,754 +0.3%
Expenses $12,297,607 $9,366,771 +0.3%
Net Income $424,885 $481,983 -0.1%
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

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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
11
Independent Members
11
Employees
96
Volunteers
1

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
2
$338,996
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELVIN MALBROUGH CHAIRMAN 1.00
Director
$0 $0 $0
LARRY DAIGLE VICE CHAIRMAN 1.00
Director
$0 $0 $0
JEAN LEBOUEF SECRETARY 1.00
Director
$0 $0 $0
JEROME BOYKIN SR TREASURER 1.00
Director
$0 $0 $0
MICHAEL BOQUET BOARD MEMBER 1.00
Director
$0 $0 $0
CARLA CHAISSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN SILVER BOARD MEMBER 1.00
Director
$0 $0 $0
CYRUS J PITRE BOARD MEMBER 1.00
Director
$0 $0 $0
KURT CHARPENTIER BOARD MEMBER 1.00
Director
$0 $0 $0
ROLAND AUCOIN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE KANE BOARD MEMBER 1.00
Director
$0 $0 $0
KIRBY VERRET BOARD MEMBER 1.00
Director
$0 $0 $0
JANICE MCBRIDE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHEL CLAUDET EXECUTIVE DIRECTOR 40.00
Officer
$193,526 $0 $193,526
MARY JANE WALKER EXECUTIVE DIRECTOR 40.00
Officer
$138,318 $7,152 $145,470
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 $12,722,492 $12,297,607 $25,288,217 $424,885
2024 No data No data No data No data
2023 $5,983,948 $7,793,147 $24,236,230 $-1,809,199
2022 $4,872,983 $6,107,942 $26,013,707 $-1,234,959
2021 $1,859,933 $6,221,013 $26,011,650 $-4,361,080
2020 $2,303,078 $6,541,080 $30,111,462 $-4,238,002
2019 $9,332,890 $6,769,287 $33,951,728 $2,563,603
2018 $8,802,644 $6,910,909 $30,670,887 $1,891,735
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