FIRST DISTRICT MISSIONARY BAPTIST ASSOCIATION OF THE STATE OF LOUISIANA (EIN 721194564) - 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

1905

Legal Domicile

Principal Officer

SAMUEL GIBBS

Phone

5046064782

Tax Period

2023-01-01 to 2023-12-31

FIRST DISTRICT MISSIONARY BAPTIST ASSOCIATION OF THE STATE OF LOUISIANA, founded in 1905, is a micro nonprofit in the Religion sector that reported $65K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $81K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE FIRST DISTRICT MISSIONARY BAPTIST ASSOCIATION IS A NETWORK OF CHURCHES WHO ARE SEEKING GOD FIRST, WORKING TOGETHER, AND WITNESSING TO THE WORLD. WE ARE COMMITTED TO SEEKING TO MOTIVATE CHURCHES BY DEVELOPING PASTORS

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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 $64,896

Program Service Revenue $0

Investment Income $0

Other Revenue $1

TOTAL REVENUE $64,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $80,654

TOTAL EXPENSES $80,654

Year-over-Year Comparison

	2023	2022	Change
Revenue	$64,897	$50,046	+0.3%
Expenses	$80,654	$54,904	+0.5%
Net Income	$-15,757	$-4,858	+2.2%

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

N/A

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
REV DR SAMUEL GIBBS	PRESIDENT	020.00	Officer	$0	$0	$0
REV DR CALVIN W WOODS JR	PAST PRESIDENT	020.00	Officer	$0	$0	$0
REV KENNETH THIBODEAUX	FIRST VICE PRESIDENT	020.00	Officer	$0	$0	$0
REV BYRON JOHNSON	GENERAL SECRETARY	020.00	Officer	$0	$0	$0
REV DERRICK WEBB SR	TREASURER	020.00	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	No data	No data	No data	No data
2023	$64,897	$80,654	$150,328	$-15,757
2022	$50,046	$54,904	$166,085	$-4,858
2021	$217,842	$56,667	$171,828	$161,175

FIRST DISTRICT MISSIONARY BAPTIST ASSOCIATION OF THE STATE OF LOUISIANA