WASHINGTON PARISH ECONOMIC DEVELOPMENT FOUNDATION INC

EIN: 721182299

BOGALUSA, LA

Total Revenue
$59,746
Total Expenses
$53,314
Total Assets
$1,243,174
Net Assets
$1,241,974
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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
1991
Legal Domicile
LA
Principal Officer
BRYANT BUTTONE
Phone
9857357565
Tax Period
2024-11-01 to 2025-10-31

WASHINGTON PARISH ECONOMIC DEVELOPMENT FOUNDATION INC, founded in 1991, is a micro nonprofit that reported $60K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $53K left a modest 11% surplus.

Mission

PROMOTE ECONOMIC DEVELOPMENT OF WASHINGTON PARISH, LA

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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 $18,157
Program Service Revenue $0
Investment Income $41,589
Other Revenue $0
TOTAL REVENUE $59,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,676
Fundraising Expenses $0
Program Expenses $48,103
Other Expenses $42,638
TOTAL EXPENSES $53,314

Year-over-Year Comparison

2024 2023 Change
Revenue $59,746 $47,489 +0.3%
Expenses $53,314 $60,440 -0.1%
Net Income $6,432 $-12,951 -1.5%
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
15
Independent Members
15
Employees
2
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
15
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYANT BUTTONE BOARDS CHAIR N/A
Officer
$0 $0 $0
TREN GARBO BOARD MEMBER N/A
Officer
$0 $0 $0
DONNA GRAHAM BOARD MEMBER N/A
Officer
$0 $0 $0
HENRY HARRISON BOARD MEMBER N/A
Officer
$0 $0 $0
KALISA HOBBS BOARD MEMBER N/A
Officer
$0 $0 $0
PENNY JONES BOARD MEMBER N/A
Officer
$0 $0 $0
DEWAYNE LAMBERT BOARD MEMBER N/A
Officer
$0 $0 $0
REGINA RUNFALO BOARD MEMBER N/A
Officer
$0 $0 $0
COYLEAN SCHLOEGEL BOARD MEMBE N/A
Officer
$0 $0 $0
SHANE SCOTT BOARD MEMBER N/A
Officer
$0 $0 $0
HEATHER SEAL BOARD MEMBER N/A
Officer
$0 $0 $0
JENNIFER THOMAS BOARD MEMBER N/A
Officer
$0 $0 $0
KYLE VARNADO BOARD MEMBER N/A
Officer
$0 $0 $0
TAMMY WILEY BOARD MEMBER N/A
Officer
$0 $0 $0
TRACEY WILLIAMS BOARD MEMBER 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
2025 $59,746 $53,314 $1,243,174 $6,432
2024 $47,489 $60,440 $1,235,740 $-12,951
2023 $26,196 $40,980 $1,045,726 $-14,784
2022 $8,218 $81,358 $1,059,305 $-73,140
2021 $69,971 $54,576 $1,133,655 $15,395
2020 $66,347 $51,632 $1,118,249 $14,715
2019 $73,877 $58,143 $1,103,532 $15,734
2018 $74,435 $78,570 $1,087,797 $-4,135
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