SOUTHFIELD SCHOOL FOUNDATION

EIN: 721209534 501(c)(3) Education

SHREVEPORT, LA

Total Revenue
$304,755
Total Expenses
$504,724
Total Assets
$13,493,568
Net Assets
$8,352,480
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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
1934
Legal Domicile
LA
Principal Officer
ADNAN SAMHAN
Phone
3188685375
Tax Period
2022-07-01 to 2023-06-30

SOUTHFIELD SCHOOL FOUNDATION, founded in 1934, is a small nonprofit in the Education sector that reported $305K in total revenue in fiscal year 2022. Expenses of $505K exceeded revenue, resulting in a 66% operating deficit.

Mission

TO PROVIDE SUPPORT TO SOUTHFIELD SCHOOL FOR ONGOING OPERATIONS AND FOR CAPITAL IMPROVEMENTS

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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 (2022)

Revenue Breakdown

Contributions & Grants $50,150
Program Service Revenue $0
Investment Income $254,605
Other Revenue $0
TOTAL REVENUE $304,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $352,821
Other Expenses $504,724
TOTAL EXPENSES $504,724

Year-over-Year Comparison

2022 2021 Change
Revenue $304,755 $-1,060,469 -1.3%
Expenses $504,724 $529,853 0.0%
Net Income $-199,969 $-1,590,322 -0.9%
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
17
Independent Members
17
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
1
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ATKINS BOARD MEMBER N/A
Director
$0 $0 $0
KEVIN BRILEY INVESTMENT C N/A
Director
$0 $0 $0
WALKER COBURN TRUSTEE PRES N/A
Director
$0 $0 $0
SUMER COONER DIRECTOR OF N/A
Director
$0 $0 $0
ED CRAWFORD BOARD MEMBER N/A
Director
$0 $0 $0
KASEY GARCIA BOARD MEMBER N/A
Director
$0 $0 $0
SUNNY HUCKABY HEAD OF SCHO N/A
Director
$0 $0 $0
RITA HUMMINGBIRD BOARD MEMBER N/A
Director
$0 $0 $0
PEYTON LABORDE SECRETARY N/A
Director
$0 $0 $0
JIM MADISON PRESIDENT N/A
Director
$0 $0 $0
KATY MERRIMAN BOARD MEMBER N/A
Director
$0 $0 $0
ALAN MURPHY BOARD MEMBER N/A
Director
$0 $0 $0
GINNY MURPHY BOARD MEMBER N/A
Director
$0 $0 $0
PATTY SELBER NEWTON BOARD MEMBER N/A
Director
$0 $0 $0
KATIE WEIR BOARD MEMBER N/A
Director
$0 $0 $0
JULIE ZADECK BOARD MEMBER N/A
Director
$0 $0 $0
ADNAN SAMHAN OFFICER 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 No data No data No data No data
2024 No data No data No data No data
2023 $304,755 $504,724 $13,493,568 $-199,969
2022 $-1,060,469 $529,853 $13,456,409 $-1,590,322
2021 $796,318 $602,386 $15,106,337 $193,932
2020 $7,163 $636,127 $14,949,021 $-628,964
2019 $268,752 $586,606 $14,777,687 $-317,854
2018 $613,916 $907,197 $15,963,636 $-293,281
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