LOUISIANA FOSTER AND ADOPTIVE PARENT ASSOCIATION (EIN 721017762) - 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

1960

Legal Domicile

Principal Officer

PEGGY KIRBY

Phone

3183966309

Tax Period

2024-07-01 to 2025-06-30

LOUISIANA FOSTER AND ADOPTIVE PARENT ASSOCIATION, founded in 1960, is a micro nonprofit that reported $1K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $42K exceeded revenue, resulting in a 3156% operating deficit.

Mission

TO EMPOWER FOSTER AND ADOPTIVE PARENTS, AND THE CHILDREN IN THEIR CARE, BY PROVIDING COMMUNICATION, SUPPORT, TRAINING, AND ADVOCACY SERVICES.

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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 $1,270

Program Service Revenue $0

Investment Income $7

Other Revenue $0

TOTAL REVENUE $1,277

Expense Breakdown

Grants Paid $32,044

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,815

Other Expenses $9,540

TOTAL EXPENSES $41,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,277	$5,850	-0.8%
Expenses	$41,584	$20,421	+1.0%
Net Income	$-40,307	$-14,571	+1.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYRA MAGEE	LFAPA FIN. C	N/A	Director	$0	$0	$0
FAYE BROCK	PRESIDENT	N/A	Officer	$0	$0	$0
CARRIE HICKS	ADM COMMITTE	N/A	Officer	$0	$0	$0
PEGGY KIRBY	EXECUTIVE DI	N/A	Officer	$0	$0	$0
JANETTE SUIRE	TREASURER	N/A	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
2025	$1,277	$41,584	No data	$-40,307
2024	$5,850	$20,421	$40,307	$-14,571
2023	$49,908	$45,261	$115,523	$4,647
2022	$32,334	$41,771	$110,876	$-9,437
2021	$38,172	$20,024	$120,313	$18,148
2020	$32,442	$12,808	$102,165	$19,634
2019	$43,502	$34,751	$82,531	$8,751

LOUISIANA FOSTER AND ADOPTIVE PARENT ASSOCIATION