VOLUNTEER INSTRUCTORS TEACHING ADULTS INC

EIN: 720954229 501(c)(3)

LAFAYETTE, LA

Total Revenue
$662,284
Total Expenses
$639,168
Total Assets
$1,172,763
Net Assets
$958,829
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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
1982
Legal Domicile
LA
Principal Officer
CHARLES KENNETH VILLEMARETTE
Phone
3372344600
Tax Period
2024-07-01 to 2025-06-30

VOLUNTEER INSTRUCTORS TEACHING ADULTS INC, founded in 1982, is a small nonprofit that reported $662K in total revenue in fiscal year 2024. Expenses of $639K left a modest 3% surplus.

Mission

THE MISSION OF VITA, INC (VOLUNTEER INSTRUCTORS TEACHING ADULTS, INC) IS TO PROVIDE ADULT LEARNERS WITH LITERACY AND OTHER ACADEMIC SKILLS NECESSARY TO SUCCESSFULLY PURSUE EDUCATIONAL, VOCATIONAL AND PERSONAL GOALS.

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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 $629,793
Program Service Revenue $0
Investment Income $32,491
Other Revenue $0
TOTAL REVENUE $662,284

Expense Breakdown

Grants Paid $0
Salaries & Benefits $420,317
Fundraising Expenses $0
Program Expenses $543,292
Other Expenses $218,851
TOTAL EXPENSES $639,168

Year-over-Year Comparison

2024 2023 Change
Revenue $662,284 $672,539 0.0%
Expenses $639,168 $642,245 0.0%
Net Income $23,116 $30,294 -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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Governance

Voting Members
14
Independent Members
14
Employees
15
Volunteers
52

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
JEFF ACKERMANN DIRECTOR N/A
Director
$0 $0 $0
DONALD AGUILLARD DIRECTOR N/A
Director
$0 $0 $0
JEANETTE BARRAS DIRECTOR N/A
Director
$0 $0 $0
LARRY GAGE DIRECTOR N/A
Director
$0 $0 $0
JOHN HEBERT DIRECTOR N/A
Director
$0 $0 $0
JANET HIATT DIRECTOR N/A
Director
$0 $0 $0
KENRAY LANDRY TREASURER N/A
Officer Director
$0 $0 $0
DR HUEY MCCAULEY DIRECTOR N/A
Director
$0 $0 $0
DR MARY B NEILHEISEL DIRECTOR N/A
Director
$0 $0 $0
CAROLYN FRENCH PHD DIRECTOR N/A
Director
$0 $0 $0
JUDE RAMSAY VICE PRESIDE N/A
Officer Director
$0 $0 $0
BRUCE SNOW SECRETARY N/A
Officer Director
$0 $0 $0
CHARLES KENNETH VILLEMARETTE PRESIDENT N/A
Officer Director
$0 $0 $0
CHRIS WEAVER 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 $662,284 $639,168 $1,172,763 $23,116
2024 $672,539 $642,245 $1,201,287 $30,294
2023 $641,820 $617,892 $1,229,562 $23,928
2022 $508,429 $473,242 $900,711 $35,187
2021 $514,474 $480,541 $889,915 $33,933
2020 $493,859 $517,428 $941,177 $-23,569
2019 $532,642 $532,571 $887,301 $71
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