NAMI NEW ORLEANS INC (EIN 720846349) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

ASHLEIGH CASTRO

Phone

5048962345

Tax Period

2023-07-01 to 2024-06-30

NAMI NEW ORLEANS INC, founded in 1979, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

INCREASE AWARENESS AND ADVOCATE FOR FAMILIES AND PERSONS WITH MENTAL ILLNESS: ENVISIONING PREVENTION, EDUCATION AND TRAINING AS THE PRIMARY PATHWAY TO BETTER SERVICES AND A HEATHIER COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,776,394

Program Service Revenue $1,052,648

Investment Income $95,720

Other Revenue $122,735

TOTAL REVENUE $3,047,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,011,488

Fundraising Expenses $15,172

Program Expenses $2,905,556

Other Expenses $1,246,027

TOTAL EXPENSES $3,257,515

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,047,497	$3,388,238	-0.1%
Expenses	$3,257,515	$2,958,561	+0.1%
Net Income	$-210,018	$429,677	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

121

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

$18,461

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GYL WADGE SWITZER	FORMER EXEC.	40.00	Officer	$18,461	$0	$18,461
VIVIANA ALDOUS	SECRETARY	1.00	Officer Director	$0	$0	$0
MEGAN B ANDRY	DIRECTOR	1.00	Director	$0	$0	$0
DONNELL BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEIGH CASTRO	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID CATHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
LEISA FARRAR	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA LEE	DIRECTOR	1.00	Director	$0	$0	$0
ERIC MALONE	DIRECTOR	1.00	Director	$0	$0	$0
STACEY MATTISON	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA BURNS MCCLENDON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY MOORE	VICE-PRESIDE	1.00	Officer Director	$0	$0	$0
SUSAN C NORWOOD	DIRECTOR	1.00	Director	$0	$0	$0
STACEY SCHEXNAYDER	DIRECTOR	1.00	Director	$0	$0	$0
IREL SEARS	TREASURER	1.00	Officer Director	$0	$0	$0
BETTY B TEDESCO	DIRECTOR	1.00	Director	$0	$0	$0
NICK RICHARD	INTERIM EXEC	40.00	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
2024	$3,047,497	$3,257,515	No data	$-210,018
2023	$2,650,438	$2,958,561	$3,892,426	$-308,123
2022	$4,529,298	$2,906,259	$4,218,470	$1,623,039
2021	$3,160,741	$3,219,815	$2,773,000	$-59,074
2020	$2,949,284	$2,985,746	$2,939,623	$-36,462
2019	$2,881,377	$2,965,944	$2,765,422	$-84,567
2018	$3,228,112	$2,960,475	$2,850,796	$267,637

NAMI NEW ORLEANS INC