NORTHEAST LOUISIANA ECONOMIC ALLIANCE INC

EIN: 721262216 501(c)(3)

MONROE, LA

Total Revenue
$774,482
Total Expenses
$862,649
Total Assets
N/A
Net Assets
N/A
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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
1994
Legal Domicile
LA
Phone
3186239013
Tax Period
2024-07-01 to 2025-06-30

NORTHEAST LOUISIANA ECONOMIC ALLIANCE INC, founded in 1994, is a small nonprofit that reported $774K in total revenue in fiscal year 2024. Revenue surged 136% from the prior year, signaling strong growth momentum. Expenses of $863K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE ECONOMIC DEVELOPMENT, INDUSTRIAL RECRUITMENT AND READINESS, AND JOB CREATION FOR THE NORTHEAST LOUISIANA AREA.

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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 $774,482
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $774,482

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,612
Fundraising Expenses $0
Program Expenses $823,579
Other Expenses $707,037
TOTAL EXPENSES $862,649

Year-over-Year Comparison

2024 2023 Change
Revenue $774,482 $327,721 +1.4%
Expenses $862,649 $309,304 +1.8%
Net Income $-88,167 $18,417 -5.8%
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
16
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
1
$148,707
Total Directors
17
$148,707
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB CLEVELAND PRESIDENT & CEO 40.00
Officer Director
$142,300 $6,407 $148,707
ALBERTA BROWN GREEN DIRECTOR 0.00
Director
$0 $0 $0
JARED SATERFIELD DIRECTOR 0.00
Director
$0 $0 $0
VINCE LUCAS DIRECTOR 0.00
Director
$0 $0 $0
RUS HEMED Sr DIRECTOR 0.00
Director
$0 $0 $0
RICK GUILLOT DIRECTOR 0.00
Director
$0 $0 $0
AMY PRICE DIRECTOR 0.00
Director
$0 $0 $0
SHANE SMILEY DIRECTOR 0.00
Director
$0 $0 $0
JADE WEST DIRECTOR 0.00
Director
$0 $0 $0
TANIA HILBURN DIRECTOR 0.00
Director
$0 $0 $0
SHARON GILMORE DIRECTOR 0.00
Director
$0 $0 $0
SAM SHEPPARD DIRECTOR 0.00
Director
$0 $0 $0
MONTY ADAMS DIRECTOR 0.00
Director
$0 $0 $0
FRIDAY ELLIS DIRECTOR 0.00
Director
$0 $0 $0
MATT DICKERSON DIRECTOR 0.00
Director
$0 $0 $0
JOSH ETHERIDGE DIRECTOR 0.00
Director
$0 $0 $0
CHAP BREARD DIRECTOR 0.00
Director
$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 $774,482 $862,649 No data $-88,167
2024 No data No data No data No data
2023 $384,778 $361,802 $202,972 $22,976
2022 $375,937 $297,271 $142,571 $78,666
2021 $607,118 $311,153 $115,822 $295,965
2020 $337,747 $327,643 $113,428 $10,104
2019 $283,011 $325,711 $118,094 $-42,700
2018 $292,960 $384,894 $247,626 $-91,934
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