LSU HEALTH FOUNDATION NEW ORLEANS (EIN 721115391) - 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

1988

Legal Domicile

Principal Officer

AL BIENVENU

Phone

5045683712

Tax Period

2023-07-01 to 2024-06-30

LSU HEALTH FOUNDATION NEW ORLEANS, founded in 1988, is a mid-sized nonprofit in the Health Care sector that reported $17.4M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. Net assets of $164.7M represent 114 months of operating reserves.

Mission

TO INSPIRE DONORS TO INVEST IN THE LSU HEALTH SCIENCES CENTER - NEW ORLEANS AND ITS FUTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,359,861

Program Service Revenue $3,818,046

Investment Income $1,766,317

Other Revenue $446,873

TOTAL REVENUE $17,391,097

Expense Breakdown

Grants Paid $10,853,151

Salaries & Benefits $2,176,040

Fundraising Expenses $1,824,241

Program Expenses $14,703,601

Other Expenses $5,387,662

TOTAL EXPENSES $18,416,853

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,391,097	$11,240,062	+0.5%
Expenses	$18,416,853	$17,574,267	+0.0%
Net Income	$-1,025,756	$-6,334,205	-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

Governance

Voting Members

Independent Members

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

$379,754

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN P JAKES SR	CHAIR (7/23 - 10/23)	2.00	Officer Director	$0	$0	$0
WARREN L GOTTSEGEN MD	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTI M SOILEAU DDS MED MSHCE	SECRETARY	2.00	Officer Director	$0	$0	$0
AL BIENVENU	CHAIR (11/230-06/24)	2.00	Officer Director	$0	$0	$0
MARK JUNEAU JR MD	TREASURER	2.00	Officer Director	$0	$0	$0
VIRGINIA ANGELICO-TATUM DDS	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES A CAILLIER EDD	BOARD MEMBER	2.00	Director	$0	$0	$0
LINDA CAO DDS	BOARD MEMBER	2.00	Director	$0	$0	$0
AL COPELAND JR	BOARD MEMBER	2.00	Director	$0	$0	$0
JAY C DUMAS DMD	BOARD MEMBER	2.00	Director	$0	$0	$0
ELIZABETH B GRIESHABER MD	BOARD MEMBER	2.00	Director	$0	$0	$0
KARL E HOEFER	BOARD MEMBER	2.00	Director	$0	$0	$0
EDWIN K HUNTER	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIC L LABORDE MD	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSEPH N MACALUSO JR MD FACS	BOARD MEMBER	2.00	Director	$0	$0	$0
CRIS MANDRY MD FACEP FAAEM	BOARD MEMBER	2.00	Director	$0	$0	$0
BRIAN H MELIUS DVM	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDRE M RUBENSTEIN	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT A SAVOIE PHD	BOARD MEMBER	2.00	Director	$0	$0	$0
LEWIS KING SCOTT DDS	BOARD MEMBER	2.00	Director	$0	$0	$0
E PAIGE SENSENBRENNER ESQ	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CARROLL W SUGGS	BOARD MEMBER	2.00	Director	$0	$0	$0
NAJEEB M THOMAS MD	SECRETARY	2.00	Officer Director	$0	$0	$0
LEE TRUMBLE	VICE-PRESIDENT & CFO	40.00	Officer	$177,990	$27,370	$205,360
ALEJANDRA GUZMAN	CHIEF BUSINESS DEVELOPMENT OFFICER	40.00	Officer	$160,000	$14,394	$174,394
DENISE DELANY	DIRECTOR OF GRANTS	40.00	Highest	$107,959	$7,988	$115,947
JOSEPH HARNESS	ACCOUNTING MANAGER	40.00	Highest	$114,074	$13,415	$127,489
LAURIE PHILLIPS	ACCOUNTING MANAGER	40.00	Highest	$111,204	$22,580	$133,784
MATTHEW ALTIER	FORMER PRESIDENT & CEO	40.00		$450,183	$44,963	$495,146

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	No data	No data	No data	No data
2024	$17,391,097	$18,416,853	$208,487,526	$-1,025,756
2023	$11,240,062	$17,574,267	$198,090,335	$-6,334,205
2022	$21,944,141	$15,497,637	$192,154,044	$6,446,504
2021	$15,855,068	$15,638,475	$207,439,304	$216,593
2020	$16,219,820	$14,849,558	$163,045,964	$1,370,262
2019	$20,505,895	$13,253,981	$158,588,481	$7,251,914
2018	$14,933,147	$12,202,335	$151,758,478	$2,730,812

LSU HEALTH FOUNDATION NEW ORLEANS