PRESBYTERIAN SERVICES FOR THE ELDERLY INC

EIN: 720845845 501(c)(3)

KENNER, LA

Total Revenue
$2,701,854
Total Expenses
$1,822,970
Total Assets
$8,881,493
Net Assets
$7,881,747
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
LA
Principal Officer
DONNA STOGNER
Phone
6144512151
Tax Period
2024-01-01 to 2024-12-31

PRESBYTERIAN SERVICES FOR THE ELDERLY INC, founded in 1979, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. The organization ran a surplus of $879K, a strong 33% operating margin.

Mission

IT IS THE MISSION OF PRESEBYTERIAN SERVICES FOR THE ELDERLY, INC. TO PROVIDE ELDERLY PERSONS AND/OR HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, MENTAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS ALL ON A NON-PROFIT BASIS.

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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 $1,603,747
Program Service Revenue $831,585
Investment Income $55,136
Other Revenue $211,386
TOTAL REVENUE $2,701,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,677,239
Other Expenses $1,822,970
TOTAL EXPENSES $1,822,970

Year-over-Year Comparison

2024 2023 Change
Revenue $2,701,854 $2,585,062 +0.0%
Expenses $1,822,970 $1,878,647 0.0%
Net Income $878,884 $706,415 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA STOGNER PRESIDENT 1.00
Officer Director
$0 $0 $0
PATRICIA SPAULDING SECRETARY 1.00
Officer Director
$0 $0 $0
SARAH SPAULDING TREASURER 1.00
Officer Director
$0 $0 $0
LORETTA CREDO DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN KEARNS BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA ROBSON BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN HOM BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA EDWARDS BOARD MEMBER 1.00
Director
$0 $0 $0
BETSY MOLAISON BOARD MEMBER 1.00
Director
$0 $0 $0
NANETTE CAGNEY BOARD MEMBER 1.00
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 $2,701,854 $1,822,970 $8,881,493 $878,884
2023 $2,585,062 $1,878,647 $8,124,330 $706,415
2022 $2,405,029 $2,032,653 $7,785,378 $372,376
2021 $2,303,854 $1,788,089 $10,853,919 $515,765
2020 $2,383,136 $1,703,448 $6,894,339 $679,688
2018 $2,235,348 $1,686,124 $5,949,653 $549,224
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