AFFILIATED BLIND OF LOUISIANA - ACADIANA CHAPTER

EIN: 721085972 501(c)(3)

LAFAYETTE, LA

Total Revenue
$6,315
Total Expenses
$5,842
Total Assets
$17,699
Net Assets
$17,699
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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
1986
Legal Domicile
LA
Principal Officer
HARLON COWSAR
Phone
3372346492
Tax Period
2024-07-01 to 2025-06-30

AFFILIATED BLIND OF LOUISIANA - ACADIANA CHAPTER, founded in 1986, is a micro nonprofit that reported $6K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $6K left a modest 7% surplus.

Mission

PROMOTION OF THE GENERAL WELFARE OF THE BLIND, EDUCATION OF THE PUBLIC REGARDING BLINDNESS, AND INFORMING THE BLIND POPULACE OF SERVICES AVAILABLE TO THEM.

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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 $6,164
Program Service Revenue $0
Investment Income $8
Other Revenue $143
TOTAL REVENUE $6,315

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,842
TOTAL EXPENSES $5,842

Year-over-Year Comparison

2024 2023 Change
Revenue $6,315 $11,773 -0.5%
Expenses $5,842 $8,729 -0.3%
Net Income $473 $3,044 -0.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
6

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAIRE BLANCHARD TREASURER N/A
Officer Director
$0 $0 $0
HARLON COWSAR PRESIDENT N/A
Officer Director
$0 $0 $0
JACOB LABOUVE FIRST VICE P N/A
Officer Director
$0 $0 $0
BEATRICE MATA SECRETARY N/A
Officer Director
$0 $0 $0
KRANDALL PETERSON SECOND VICE N/A
Officer 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 $6,315 $5,842 $17,699 $473
2024 $11,773 $8,729 $17,226 $3,044
2023 $-12,921 $12,646 $14,182 $-25,567
2022 $-18,986 $634 $39,749 $-19,620
2021 $44,797 $40,947 $58,973 $3,850
2020 $51,836 $58,081 $55,123 $-6,245
2019 $212,768 $189,082 $63,898 $23,686
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