LOUISIANA GAS ASSOCIATION (EIN 720942446) - 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

1981

Legal Domicile

Principal Officer

LARRY WILLIAMS

Phone

2252186885

Tax Period

2024-01-01 to 2024-12-31

LOUISIANA GAS ASSOCIATION, founded in 1981, is a small nonprofit that reported $452K in total revenue in fiscal year 2024. Expenses of $421K left a modest 7% surplus.

Mission

THE ASSOCIATION'S PURPOSE IS TO ENHANCE PERFORMANCE AND PROMOTE SAFETY IN THE DELIVERY OF NATURAL GAS AND TO BROADEN PUBLIC AWARENESS OF THE NATURAL GAS INDUSTRY'S CONTRIBUTIONS TO SOCIETY IN GENERAL AND THE POSITIVE EFFECTS OF NATURAL GAS USE ON THE ENVIRONMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $71,166

Program Service Revenue $313,884

Investment Income $31,503

Other Revenue $35,064

TOTAL REVENUE $451,617

Expense Breakdown

Grants Paid $8,400

Salaries & Benefits $0

Fundraising Expenses $9,324

Program Expenses $367,247

Other Expenses $412,114

TOTAL EXPENSES $420,514

Year-over-Year Comparison

	2024	2023	Change
Revenue	$451,617	$421,087	+0.1%
Expenses	$420,514	$395,307	+0.1%
Net Income	$31,103	$25,780	+0.2%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHIP ARNOULD	DIRECTOR	1.00	Director	$0	$0	$0
ERNEST BROWN	DIRECTOR	1.00	Director	$0	$0	$0
RUSTY BURROUGHS	DIRECTOR	1.00	Director	$0	$0	$0
KEN DRONE	TREASURER	2.00	Officer Director	$0	$0	$0
DARRELL DUGAS	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRIS GRAY	2ND VICE PRE	2.00	Officer Director	$0	$0	$0
NATHAN GRAY	1ST VICE PRE	2.00	Officer Director	$0	$0	$0
SUE GUIDRY	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
KEVIN HARGIS	DIRECTOR	1.00	Director	$0	$0	$0
MARSHALL HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN JEWETT	DIRECTOR	1.00	Director	$0	$0	$0
MARK LEBLANC	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ROB MISTRETTA JR	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RICHEY	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL SPANSEL	DIRECTOR	1.00	Director	$0	$0	$0
BLAINE SPELL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ST ROMAIN	DIRECTOR	1.00	Director	$0	$0	$0
TERRY THIBODEAUX	DIRECTOR	1.00	Director	$0	$0	$0
COLE VANDERLICK	DIRECTOR	1.00	Director	$0	$0	$0
LARRY WILLIAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHAD WILLE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN STREIFF	DIRECTOR	1.00	Director	$0	$0	$0
CORY FONTENOT	DIRECTOR	1.00	Director	$0	$0	$0
BILLY FOREST	DIRECTOR	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	$451,617	$420,514	$564,617	$31,103
2023	$421,087	$395,307	$533,474	$25,780
2022	$340,235	$333,947	$507,694	$6,288
2021	$235,714	$196,477	$501,406	$39,237
2020	$158,056	$197,451	$462,169	$-39,395
2019	$313,889	$314,003	$501,564	$-114
2018	$293,984	$277,334	$501,678	$16,650

LOUISIANA GAS ASSOCIATION