DELGADO COMMUNITY COLLEGE FOUNDATION (EIN 721123204) - 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

LEON L GIORGIO JR

Phone

5044834066

Tax Period

2024-07-01 to 2025-06-30

DELGADO COMMUNITY COLLEGE FOUNDATION, founded in 1988, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 279% operating deficit.

Mission

THE MISSION OF THE FOUNDATION IS TO DEVELOP PRIVATE FINANCIAL RESOURCES FOR THE COLLEGE. THESE RESOURCES ARE USED TO PROMOTE AND ENHANCE EDUCATIONAL PROGRAMS, FUND SCHOLARSHIPS, AND TO SEEK EXTERNAL REVENUES, PRIVATE PHILANTHROPIC AND ADVOCACY SUPPORTING FUNDS FOR THE COLLEGE.

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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 $955,069

Program Service Revenue $0

Investment Income $162,709

Other Revenue $14,759

TOTAL REVENUE $1,132,537

Expense Breakdown

Grants Paid $3,821,442

Salaries & Benefits $97,682

Fundraising Expenses $29,168

Program Expenses $3,883,242

Other Expenses $372,908

TOTAL EXPENSES $4,292,032

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,132,537	$2,849,823	-0.6%
Expenses	$4,292,032	$2,468,196	+0.7%
Net Income	$-3,159,495	$381,627	-9.3%

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

$309,374

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEON L GIORGIO JR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANN D DUPLESSIS	DIRECTOR	1.00	Director	$0	$0	$0
DINO PATERNOSTRO	DIRECTOR	1.00	Director	$0	$0	$0
GARY P LAGRANGE	DIRECTOR	1.00	Director	$0	$0	$0
I WILLIAM SIZELER	DIRECTOR	1.00	Director	$0	$0	$0
MAVIS EARLY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HECHT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOSEPH MAENZA	DIRECTOR	1.00	Director	$0	$0	$0
RONALD H BORDELON	DIRECTOR	1.00	Director	$0	$0	$0
SAMIR MOWAD	DIRECTOR	1.00	Director	$0	$0	$0
SHELBY P LASALLE JR	DIRECTOR	1.00	Director	$0	$0	$0
TRACEY SCHIRO	DIRECTOR	1.00	Director	$0	$0	$0
WALTER J LEGER JR ESQ	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE FONTANA ESQ	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM M LEMOINE	DIRECTOR	1.00	Director	$0	$0	$0
TODD P TROSCLAIR SR	DIRECTOR	1.00	Director	$0	$0	$0
JW BILL GIARDINA	DIRECTOR	1.00	Director	$0	$0	$0
PETER FOS	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE SKINNER	DIRECTOR	1.00	Director	$0	$0	$0
KYLE MARTIN FRANCE	DIRECTOR	1.00	Director	$0	$0	$0
ROLAND RONNIE LANCON	DIRECTOR	1.00	Director	$0	$0	$0
MELVIN RODRIGUE	DIRECTOR	1.00	Director	$0	$0	$0
NITA HUTTER MEINS	EXECUTIVE DIRECTOR	10.00	Officer	$75,829	$0	$75,829
RONALD RUSSO	FOUNDATION ACCOUNTANT	10.00	Officer	$15,813	$58,232	$233,545

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	$1,132,537	$4,292,032	$5,459,534	$-3,159,495
2024	$2,849,823	$2,468,196	$8,717,006	$381,627
2023	$6,914,122	$6,395,127	$9,403,874	$518,995
2022	$8,082,347	$7,074,039	$9,574,933	$1,008,308
2021	$1,545,587	$982,612	$11,201,133	$562,975
2020	$2,468,355	$1,422,264	$10,962,003	$1,046,091
2019	$3,905,989	$3,847,762	$10,874,671	$58,227
2018	$1,699,354	$1,586,982	$14,415,432	$112,372

DELGADO COMMUNITY COLLEGE FOUNDATION