LOUISIANA COUNCIL OF THE BLIND INC (EIN 720943428) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

LEOLA CAMPBELL

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA COUNCIL OF THE BLIND INC, founded in 1977, is a micro nonprofit that reported $15K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $33K exceeded revenue, resulting in a 125% operating deficit.

Mission

TO PROVIDE TIMELY AND USEFUL INFORMATION TO THE BLIND AND VISUALLY IMPAIRED PERSONS IN WAY OF BRAILLE, LARGE PRINT, AND CASSETTE. THIS INCLUDES PRODUCTION OF A QUARTERLY NEWSLETTER, BALLET INFORMATION LESSONS, AND MANUELS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $930

Program Service Revenue $1,255

Investment Income $6

Other Revenue $12,390

TOTAL REVENUE $14,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $354

Fundraising Expenses $0

Program Expenses $31,342

Other Expenses $32,513

TOTAL EXPENSES $32,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,581	$10,325	+0.4%
Expenses	$32,867	$51,175	-0.4%
Net Income	$-18,286	$-40,850	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICKY PETTIS	DIRECTOR AT LARGE	10.00	Director	$0	$0	$0
KIMBLEY VENABLE	DIRECTOR AT LARGE	10.00	Director	$0	$0	$0
TERESA CURRY	DIRECTOR AT LARGE	10.00	Director	$0	$0	$0
HERBERT READO	TREASURER	10.00	Officer	$0	$0	$0
PIERRE V CURRY	FIRST VICE PRESIDENT	10.00	Officer	$0	$0	$0
LEOLA CAMPBELL	PRESIDENT	20.00	Officer	$0	$0	$0
CLATTIE GIBBS	SECOND VICE PRESIDENT	10.00	Officer	$0	$0	$0
BENJAMIN C MILES	SECRETARY	10.00	Officer	$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	$14,581	$32,867	$84,996	$-18,286
2022	$10,325	$51,175	$104,782	$-40,850
2021	$70,550	$21,847	$145,426	$48,703
2020	$18,846	$15,722	$96,723	$3,124
2019	$44,658	$33,130	$93,599	$11,528
2018	$48,673	$43,890	$82,032	$4,783

LOUISIANA COUNCIL OF THE BLIND INC