LOUISIANA SOCIETY OF HEALTH-SYSTEM PHARMACISTS

EIN: 720859040

BATON ROUGE, LA

Total Revenue
$160,874
Total Expenses
$97,404
Total Assets
$269,926
Net Assets
$243,014
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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
LA
Principal Officer
JASON LAFITTE
Phone
2259224520
Tax Period
2021-01-01 to 2021-12-31

LOUISIANA SOCIETY OF HEALTH-SYSTEM PHARMACISTS, founded in 1944, is a small nonprofit that reported $161K in total revenue in fiscal year 2021. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 39% operating margin.

Mission

TO PROVIDE EDUCATIONAL OPPORTUNITIES TO PHARMACISTS AND A FORUM FOR PUBLIC POLICY DEVELOPMENT ON MATTERS RELATED TO THE PHARMACY PROFESSION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $150,915
Investment Income $299
Other Revenue $9,660
TOTAL REVENUE $160,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,490
Other Expenses $97,404
TOTAL EXPENSES $97,404

Year-over-Year Comparison

2021 2020 Change
Revenue $160,874 $101,090 +0.6%
Expenses $97,404 $88,235 +0.1%
Net Income $63,470 $12,855 +3.9%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL HUNTER BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
MYRA THOMAS BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
RENESHA YARBROUGH LSHP PRESIDENT 1.00
Director
$0 $0 $0
KATHERINE AYMOND SECRETARY 1.00
Officer Director
$0 $0 $0
TOMMY MANNINO TREASURER 1.00
Officer Director
$0 $0 $0
JASON CHOU IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSEPH G LEBLANC JR CLSHP PRESIDENT 1.00
Director
$0 $0 $0
TARA MONTGOMERY PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
LOGAN THIBODEAUX BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
JENNIFER SMITH BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
JASON LAFITTE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHANIE HATTEN NLSHP PRESIDENT 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 No data No data No data No data
2021 $160,874 $97,404 $269,926 $63,470
2020 $101,090 $88,235 $188,359 $12,855
2019 $174,529 $181,808 $182,434 $-7,279
2018 $192,914 $198,128 $191,338 $-5,214
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