LOUISIANA ASSOCIATION OF PRINCIPALS (EIN 720768117) - 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

1944

Legal Domicile

Phone

3186482999

Tax Period

2024-07-01 to 2025-06-30

LOUISIANA ASSOCIATION OF PRINCIPALS, founded in 1944, is a small nonprofit that reported $265K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $244K left a modest 8% surplus.

Mission

To provide quality school-based administrative leadership for Louisiana schools through professional development, legislation, and member services.

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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 $175,822

Program Service Revenue $81,595

Investment Income $5,801

Other Revenue $2,224

TOTAL REVENUE $265,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,241

Fundraising Expenses $0

Program Expenses $0

Other Expenses $149,920

TOTAL EXPENSES $244,161

Year-over-Year Comparison

	2024	2023	Change
Revenue	$265,442	$282,228	-0.1%
Expenses	$244,161	$285,160	-0.1%
Net Income	$21,281	$-2,932	-8.3%

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

$36,000

Total Directors

$12,000

Key Employees

$74,158

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Triche	Executive Director	40	Officer Key Emp Highest	$36,000	$0	$36,000
Jeanine Ford	Administrative Assistant	40	Key Emp	$34,200	$0	$34,200
Curtis Melancon	Elementary School Trustee	24	Director	$12,000	$0	$12,000
Joseph David	Executive Director	40	Key Emp	$3,958	$0	$3,958
Barbara Stainback	High School Trustee	2	Director	$0	$0	$0
Mona Miller	Middle School Trustee	2	Director	$0	$0	$0
Stella Arabie	President	2	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
2025	$265,442	$244,161	$151,092	$21,281
2024	$282,228	$285,160	$138,413	$-2,932
2023	$245,915	$245,269	$128,974	$646
2022	$203,396	$229,737	$127,664	$-26,341
2021	$170,534	$167,230	$153,044	$3,304

LOUISIANA ASSOCIATION OF PRINCIPALS