HOMECARE ASSOCIATION OF LOUISIANA INC (EIN 721176100) - 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

1990

Legal Domicile

Principal Officer

WARREN HEBERT JR

Phone

3372310080

Tax Period

2024-01-01 to 2024-12-31

HOMECARE ASSOCIATION OF LOUISIANA INC, founded in 1990, is a small nonprofit that reported $236K in total revenue in fiscal year 2024. Expenses of $309K exceeded revenue, resulting in a 31% operating deficit.

Mission

EDUCATIONAL MEETINGS-HOME HEALTH CARE

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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 $0

Program Service Revenue $216,138

Investment Income $9,503

Other Revenue $10,000

TOTAL REVENUE $235,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,519

Fundraising Expenses $0

Program Expenses $274,322

Other Expenses $134,987

TOTAL EXPENSES $308,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,641	$227,960	+0.0%
Expenses	$308,506	$305,518	+0.0%
Net Income	$-72,865	$-77,558	-0.1%

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

N/A

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

$109,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARREN HEBERT JR	Executive Direc	40.00	Director	$109,600	$0	$109,600
ELIZABETH LANGLEY	OFFICE MANAGER	40.00		$48,720	$0	$48,720
SCOTT LEVY	Representative	0.00		$0	$0	$0
GREGG KINGSTON	REPRESENTATIVE	0.00		$0	$0	$0
GAYLA GUNTER	Secretary	0.00	Officer	$0	$0	$0
PETER EGAN	REPRESENTATIVE	0.00	Officer	$0	$0	$0
RAY BANKER	Vice President	0.00	Officer	$0	$0	$0
CARL CLARK	Treasurer	0.00	Officer	$0	$0	$0
DEE MCCOY	President	0.00	Officer	$0	$0	$0
LISI COLEMAN	FORMER PRESIDENT	0.00		$0	$0	$0
RICHARD MACMILLAN	FORMER PRESIDENT	0.00		$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	$235,641	$308,506	$307,085	$-72,865
2023	$227,960	$305,518	$407,871	$-77,558
2022	$350,949	$432,183	$496,114	$-81,234
2021	$265,857	$326,787	$555,467	$-60,930
2020	$295,746	$360,878	$613,916	$-65,132
2019	$566,966	$499,236	$693,836	$67,730
2018	$392,498	$400,235	$673,042	$-7,737

HOMECARE ASSOCIATION OF LOUISIANA INC