LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE (EIN 721304948) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

ATARA MCAVOY

Phone

5044121836

Tax Period

2024-07-01 to 2025-06-30

LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE is a 501(c)(3) with EIN 721304948, based in NEW ORLEANS, LA. Founded in 1995, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $144,307,672 in total revenue and $143,052,383 in total expenses, with net assets of $96,869,230.

Mission

PRIVATE, TAX-EXEMPT FACULTY GROUP PRACTICE THAT WAS ESTABLISHED TO SUPPORT (CONT'D ON SCH O)THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL MISSIONS OF THE LSU HEALTH SCIENCES CENTER IN NEW ORELANS, PARTICULARLY AS THEY RELATE TO ITS SCHOOLS OF MEDICINE, ALLIED HEALTH PROFESSIONS, DENTISTRY, NURSING, AND PUBLIC HEALTH, IN THEIR CLINICAL PRACTICE FUNCTIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $140,720,197

Investment Income $2,988,590

Other Revenue $598,885

TOTAL REVENUE $144,307,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,476,407

Fundraising Expenses $0

Program Expenses $140,821,243

Other Expenses $135,575,976

TOTAL EXPENSES $143,052,383

Year-over-Year Comparison

	2024	2023	Change
Revenue	$144,307,672	$161,335,009	-0.1%
Expenses	$143,052,383	$155,521,756	-0.1%
Net Income	$1,255,289	$5,813,253	-0.8%

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

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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

Employees

166

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

$1,902,276

Total Directors

$5,074,756

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE NELSON MD	PRESIDENT	0.50	Officer Director	$0	$37,952	$926,115
JACK CHRISTIAN WINTERS MD	CEO	0.50	Officer Director	$0	$32,396	$747,645
ROBERT D ZURA MD	LSUHSC REPRESENTATIVE	0.50	Director	$0	$33,992	$877,455
FRANK SMART MD	LSUHSC REPRESENTATIVE	0.50	Director	$0	$27,784	$665,913
JAYNE S WEISS MD	LSUHSC REPRESENTATIVE	0.50	Director	$0	$25,172	$635,510
ELIZABETH SUMRALL	LSU SYSTEM	0.50	Director	$0	$0	$0
E JOHANN BULTMAN	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
COREY HEBERT MD	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
MICHAEL CONERLY	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
HENRY MILLER	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
JAMES WILLIAMS	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
WILLIAM JOHNSON MD	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
CAROL SUGGS	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
CINDY BRENNAN-DAVIS	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
STEPHEN BRIERRE MD	LSUHSC REPRESENTATIVE	0.50	Director	$0	$21,166	$641,672
DAVID FRANCIS	COMMUNITY MEMBER	0.50	Director	$0	$0	$0
RICHARD DICARLO MD	LSUHSC REPRESENTATIVE	0.50	Director	$0	$30,869	$580,446
ATARA MCAVOY	CFO	40.00	Officer	$215,501	$13,015	$228,516
JAMES HRITZ JD	CHIEF LEGAL COMPLIANCE	40.00	Highest	$158,884	$15,024	$173,908
AMANDA GREGOIRE	NURSE PRACTITIONER/OFFICE	40.00	Highest	$119,086	$20,763	$139,849
CAROLINE ROBERTSON	DIRECTOR OF QUALITY	40.00	Highest	$135,477	$8,322	$143,799
CAROLINE SCHULENBERG	PHYSICIAN ASSISTANT	40.00	Highest	$114,498	$12,817	$127,315
HEATHER WILLS	PHYSICIAN ASSISTANT	40.00	Highest	$113,936	$14,245	$128,181

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	$144,307,672	$143,052,383	$124,761,278	$1,255,289
2024	$161,335,009	$155,521,756	$120,868,250	$5,813,253
2023	$168,065,330	$159,426,437	$110,438,001	$8,638,893
2022	$148,257,183	$155,042,445	$99,968,210	$-6,785,262
2021	$190,992,492	$179,353,427	$104,356,475	$11,639,065
2020	$146,817,153	$156,537,911	$83,328,108	$-9,720,758
2019	$215,435,883	$178,471,867	$86,244,888	$36,964,016
2018	$141,162,926	$139,349,007	$47,803,587	$1,813,919

LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE