SACRED HEART SCHOOL FOUNDATION

EIN: 720918213 501(c)(3) Education

VILLE PLATTE, LA

Total Revenue
$61,995
Total Expenses
$76,903
Total Assets
$2,170,202
Net Assets
$2,170,202
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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
1983
Legal Domicile
LA
Tax Period
2023-01-01 to 2023-12-31

SACRED HEART SCHOOL FOUNDATION, founded in 1983, is a micro nonprofit in the Education sector that reported $62K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $77K exceeded revenue, resulting in a 24% operating deficit.

Mission

FOR THE BENEVOLENT, CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES, AND TO THAT END TO PROMOTE THE SOCIAL, MORAL, EDUCATIONAL AND MATERIAL WELFARE OF SACRED HEART SCHOOL & OF ITS FACULTY, STUDENTS & BUSINESS INTEREST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $61,995
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $61,995

Expense Breakdown

Grants Paid $70,124
Salaries & Benefits $0
Fundraising Expenses $2,613
Program Expenses $73,827
Other Expenses $6,779
TOTAL EXPENSES $76,903

Year-over-Year Comparison

2023 2022 Change
Revenue $61,995 $108,027 -0.4%
Expenses $76,903 $33,082 +1.3%
Net Income $-14,908 $74,945 -1.2%
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

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
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE VIDRINE TREASURER 0.00
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
2023 $61,995 $76,903 $2,170,202 $-14,908
2022 $108,027 $33,082 $2,050,119 $74,945
2021 $356,221 $77,258 $2,040,375 $278,963
2020 $117,289 $4,945 $1,761,412 $112,344
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