LOUISIANA ASSET MANAGEMENT POOL INC (EIN 721255917) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

THEODORE SANDERS III

Phone

5045255267

Tax Period

2024-01-01 to 2024-12-31

LOUISIANA ASSET MANAGEMENT POOL INC, founded in 1993, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.1M, a strong 60% operating margin.

Mission

TO PROVIDE MEMBERS OF THE COOPERATIVE ENDEAVOR A POOL INTO WHICH PUBLIC [CONT'D ON SCH O] FUNDS CAN BE INVESTED EFFICIENTLY AND EFFECTIVELY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,165,980

Investment Income $430,560

Other Revenue $0

TOTAL REVENUE $8,596,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $722,569

Fundraising Expenses $0

Program Expenses $3,175,317

Other Expenses $2,725,511

TOTAL EXPENSES $3,448,080

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,596,540	$7,670,051	+0.1%
Expenses	$3,448,080	$2,713,392	+0.3%
Net Income	$5,148,460	$4,956,659	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$541,954

Total Directors

$541,954

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEODORE C SANDERS III	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$232,574	$67,025	$299,599
KRISTINE ORGERON	CHIEF ADMINISTRATIVE OFFIC	40.00	Officer Director	$185,543	$56,812	$242,355
DR JOHN C FLEMING JR	BOARD PRESIDENT	5.00	Officer Director	$0	$0	$0
APRIL JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
HONORABLE JULIUS ALSANDOR	DIRECTOR	1.00	Director	$0	$0	$0
BARNEY D ARCENEAUX	DIRECTOR	1.00	Director	$0	$0	$0
ERICA BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
GUY CORMIER	DIRECTOR	1.00	Director	$0	$0	$0
HONORABLE DAVID DART	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE HUDNALL	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MACK	DIRECTOR	1.00	Director	$0	$0	$0
HONORABLE DERRICK JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
TIM WARD	DIRECTOR	1.00	Director	$0	$0	$0
SHERIFF STEVEN MCCAIN	DIRECTOR	1.00	Director	$0	$0	$0
CLIFF PALMER	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN POLK	DIRECTOR	1.00	Director	$0	$0	$0
YOLANDA FRANCOIS	PARTICIPANT LIASON	40.00	Highest	$110,339	$35,301	$145,640

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	$8,596,540	$3,448,080	$12,534,105	$5,148,460
2023	$7,670,051	$2,713,392	$7,334,956	$4,956,659
2022	$3,874,257	$2,526,372	$2,401,664	$1,347,885
2021	$2,561,599	$2,395,379	$782,663	$166,220
2020	$2,337,102	$2,323,108	$604,103	$13,994

LOUISIANA ASSET MANAGEMENT POOL INC