SOUTHERN DEVELOPMENT FOUNDATION (EIN 720721203) - 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

1974

Legal Domicile

Phone

3372327672

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN DEVELOPMENT FOUNDATION, founded in 1974, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $329K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $159K, a strong 48% operating margin.

Mission

The organization's program activity provides financial management & technical assistance to farming and other cooperatives in Louisiana.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $329,325

TOTAL REVENUE $329,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,753

Fundraising Expenses $0

Program Expenses $170,434

Other Expenses $163,681

TOTAL EXPENSES $170,434

Year-over-Year Comparison

	2023	2022	Change
Revenue	$329,325	$196,560	+0.7%
Expenses	$170,434	$122,439	+0.4%
Net Income	$158,891	$74,121	+1.1%

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

N/A

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
AUBREY HOWARD	President	Director	$0	$0	$0
JOHN FREEMAN	Executive Dir.	Officer Director	$0	$0	$0
CHARLES GOODIE	Treasurer	Director	$0	$0	$0
GEORGE ROBINS	Vice President	Officer 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
2024	No data	No data	No data	No data
2023	$329,325	$170,434	$2,595,363	$158,891
2022	$196,560	$122,439	$2,564,808	$74,121
2021	$216,628	$193,443	$2,572,808	$23,185
2020	$287,106	$258,247	$2,592,064	$28,859
2019	$322,560	$211,890	$2,577,512	$110,670
2018	$183,141	$142,809	$1,224,754	$40,332

SOUTHERN DEVELOPMENT FOUNDATION