NEW ORLEANS REGIONAL BUSINESS DEVELOPMENT LOAN CORPORATION (EIN 720864543) - 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

1978

Legal Domicile

Principal Officer

MR T H BETZ JR

Phone

5045426172

Tax Period

2023-01-01 to 2023-12-31

NEW ORLEANS REGIONAL BUSINESS DEVELOPMENT LOAN CORPORATION, founded in 1978, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $550K, a strong 36% operating margin.

Mission

PROMOTE AND ENCOURAGE ECONOMIC DEVELOPMENT IN THIRTEEN LOUISIANA PARISHES IN ORDER TO ENSURE GREATER EMPLOYMENT OPPORTUNITIES, ENCOURAGE AND ASSIST GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS AND TO STIMULATE, ENCOURAGE AND CREATE THE EXPANSION OF BUSINESSES AND INDUSTRIES.

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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 $776,092

Investment Income $242,214

Other Revenue $489,868

TOTAL REVENUE $1,508,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $777,691

Fundraising Expenses $0

Program Expenses $958,449

Other Expenses $180,758

TOTAL EXPENSES $958,449

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,508,174	$582,470	+1.6%
Expenses	$958,449	$928,614	+0.0%
Net Income	$549,725	$-346,144	-2.6%

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

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

$219,757

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUANE J ABADIE	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
TIMOTHY BABIN	BOARD MEMBER	0.25	Director	$0	$0	$0
PATRICIA CARY	TREASURER	0.25	Officer Director	$0	$0	$0
RODNEY CROSBY JR	BOARD MEMBER	0.25	Director	$0	$0	$0
LEE CUICCHI	BOARD MEMBER	0.25	Director	$0	$0	$0
WARREN DUPRE	BOARD MEMBER	0.25	Director	$0	$0	$0
FREDDIE ELLIOTT	BOARD MEMBER	0.25	Director	$0	$0	$0
TOMMY FONSECA	BOARD MEMBER	0.25	Director	$0	$0	$0
RIVERS FREDERICK	EX-OFFICIO	0.25	Director	$0	$0	$0
MARLIN N GUSMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
LESLIE JAMES	BOARD MEMBER	0.25	Director	$0	$0	$0
ANDREW JACQUES	BOARD MEMBER	0.25	Director	$0	$0	$0
KEITH A JARRETT JR	PRESIDENT	0.25	Officer Director	$0	$0	$0
VIC LAFONT	BOARD MEMBER	0.25	Director	$0	$0	$0
RANDY OPOTOWSKY	EX-OFFICIO	0.25	Director	$0	$0	$0
CHRISTOPHER SULLIVAN	BOARD MEMBER	0.25	Director	$0	$0	$0
WILLIAM H SUMMEROUR	BOARD MEMBER	0.25	Director	$0	$0	$0
ALCIDE TERVALON JR	BOARD MEMBER	0.25	Director	$0	$0	$0
ERIK D WATERS	BOARD MEMBER	0.25	Director	$0	$0	$0
ROBERT WEILEMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
TH BETZ JR	EXECUTIVE DIRECTOR	40.00	Key Emp	$204,104	$15,653	$219,757

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,508,174	$958,449	$16,723,419	$549,725
2022	$582,470	$928,614	$16,936,662	$-346,144
2021	$751,198	$900,302	$17,132,095	$-149,104
2020	$928,779	$921,722	$17,200,795	$7,057

NEW ORLEANS REGIONAL BUSINESS DEVELOPMENT LOAN CORPORATION