IBERIA COUNCIL ON AGING INC

EIN: 720898635 501(c)(3)

NEW IBERIA, LA

Total Revenue
$648,881
Total Expenses
$516,675
Total Assets
$698,135
Net Assets
$677,758
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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
1977
Legal Domicile
LA
Principal Officer
MARLON LEWIS
Phone
3373671556
Tax Period
2024-07-01 to 2025-06-30

IBERIA COUNCIL ON AGING INC, founded in 1977, is a small nonprofit that reported $649K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 20% operating margin.

Mission

TO DELIVER SERVICES TO THE ELDERLY OF IBERIA PARISH. WE ARE THE DESIGNATED AGENCY (IN AFFILIATION WITH REGIONAL & STATE AGENCIES) FOR MEAL SERVICES, SENIOR CENTER, HOMEMAKER, TRANSPORTATION AND SIMILAR SERVICES TO THE AGING.

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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 $610,429
Program Service Revenue $23,269
Investment Income $15,183
Other Revenue $0
TOTAL REVENUE $648,881

Expense Breakdown

Grants Paid $0
Salaries & Benefits $338,076
Fundraising Expenses $0
Program Expenses $377,136
Other Expenses $178,599
TOTAL EXPENSES $516,675

Year-over-Year Comparison

2024 2023 Change
Revenue $648,881 $496,249 +0.3%
Expenses $516,675 $487,828 +0.1%
Net Income $132,206 $8,421 +14.7%
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
13
Independent Members
13
Employees
31
Volunteers
10

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN BARRAS DIRECTOR N/A
Director
$0 $0 $0
ROBERTA BOUDREAUX DIRECTOR N/A
Director
$0 $0 $0
BUTCH BOURGEOIS DIRECTOR N/A
Director
$0 $0 $0
DARRYL DEROUEN DIRECTOR N/A
Director
$0 $0 $0
ARTIE FONTANE SECRETARY/TR N/A
Officer Director
$0 $0 $0
MARLON LEWIS BOARD PRESID N/A
Officer Director
$0 $0 $0
MELISSA LOUVIERE DIRECTOR N/A
Director
$0 $0 $0
TYLER ROBICHEAUX DIRECTOR N/A
Director
$0 $0 $0
LINDA SARKIES DIRECTOR N/A
Director
$0 $0 $0
KARLEIGH SIGUR DIRECTOR N/A
Director
$0 $0 $0
LARRY VIATOR DIRECTOR N/A
Director
$0 $0 $0
SANDRA WELCOME BOARD VICE P N/A
Officer Director
$0 $0 $0
CAROL WHIPP EXECUTIVE DI N/A
Officer Director
$0 $0 $0
WARREN WHITE DIRECTOR N/A
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
2025 $648,881 $516,675 $698,135 $132,206
2024 $496,249 $487,828 $578,189 $8,421
2022 $513,899 $455,830 $524,881 $58,069
2021 $451,783 $421,751 $435,102 $30,032
2020 $501,779 $491,643 $403,117 $10,136
2019 $580,279 $511,198 $414,217 $69,081
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