TECHE AREA BUILDERS ASSOCIATION INC (EIN 721157746) - 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

2006

Legal Domicile

Principal Officer

DANA DUGAS

Phone

3373650075

Tax Period

2024-01-01 to 2024-12-31

TECHE AREA BUILDERS ASSOCIATION INC, founded in 2006, is a small nonprofit that reported $211K in total revenue in fiscal year 2024. The organization ran a surplus of $32K, a strong 15% operating margin.

Mission

TECHE AREA BUILDERS ASSOCIATION, INC. IS A TRADE ASSOCIATION OF BUILDERS, SUBCONTRACTORS, MATERIAL SUPPLIERS, AND OTHER BUILDING, REMODELING OR RESTORATION PROFESSIONALS. OUR PRIMARY MISSION IS TO PROMOTE EXCELLENCE IN THE CONSTRUCTION INDUSTRY.

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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 $38,391

Program Service Revenue $79,054

Investment Income $0

Other Revenue $94,052

TOTAL REVENUE $211,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,829

Fundraising Expenses $5,137

Other Expenses $106,634

TOTAL EXPENSES $179,463

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,497	$201,686	+0.0%
Expenses	$179,463	$201,380	-0.1%
Net Income	$32,034	$306	+103.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMIAN BEAUGH	DIRECTOR ON	N/A	Director	$0	$0	$0
JAKE BLANCHARD	DIRECTOR ON	N/A	Director	$0	$0	$0
TODD LASALLE	DIRECTOR ON	N/A	Director	$0	$0	$0
BROCK PELLERIN	DIRECTOR ON	N/A	Director	$0	$0	$0
SARAH BLANCHARD	SECRETARY	N/A	Officer	$0	$0	$0
ALLEN BROUSSARD	PAST PRESIDE	N/A	Officer	$0	$0	$0
ASHLEY CARLIN	TREASURER	N/A	Officer	$0	$0	$0
DEAN COURVILLE	2ND VICE PRE	N/A	Officer	$0	$0	$0
DANA DUGAS	PRESIDENT	N/A	Officer	$0	$0	$0
BRYON PELLERIN	VICE PRESIDE	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
2024	$211,497	$179,463	$208,511	$32,034
2023	$201,686	$201,380	$177,294	$306
2022	$240,938	$182,259	$193,713	$58,679
2021	$254,698	$116,939	$148,601	$137,759

TECHE AREA BUILDERS ASSOCIATION INC