LA 1 COALITION INC

EIN: 721348687

THIBODAUX, LA

Total Revenue
$610,516
Total Expenses
$1,221,454
Total Assets
$263,228
Net Assets
$263,228
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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
1997
Legal Domicile
LA
Principal Officer
HENRI BOULET
Phone
9854484485
Tax Period
2024-01-01 to 2024-12-31

LA 1 COALITION INC, founded in 1997, is a small nonprofit that reported $611K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 100% operating deficit.

Mission

GAIN NATIONAL RECOGNITION FOR FUNDING LA HWY 1 ROAD 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 (2024)

Revenue Breakdown

Contributions & Grants $607,550
Program Service Revenue $0
Investment Income $2,935
Other Revenue $31
TOTAL REVENUE $610,516

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,062
Fundraising Expenses $0
Program Expenses $1,214,972
Other Expenses $1,218,392
TOTAL EXPENSES $1,221,454

Year-over-Year Comparison

2024 2023 Change
Revenue $610,516 $645,439 -0.1%
Expenses $1,221,454 $1,272,046 0.0%
Net Income $-610,938 $-626,607 0.0%
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
13
Independent Members
13
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
2
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC BOLLINGER BOARD MEMBER 0.50
Director
$0 $0 $0
PAT BRADY BOARD MEMBER 0.50
Director
$0 $0 $0
GARRET H HANK DANOS BOARD MEMBER 0.50
Director
$0 $0 $0
LEAH BROWN BOARD MEMBER 0.50
Director
$0 $0 $0
LARRY GRIFFIN BOARD MEMBER 0.50
Director
$0 $0 $0
JONI TUCK BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN BRUCE BOARD MEMBER 0.50
Director
$0 $0 $0
JOSEPH C PICCIOLA III PE BOARD MEMBER 0.50
Director
$0 $0 $0
LARRY J PICCIOLA JR BOARD MEMBER 0.50
Director
$0 $0 $0
LOULAN J PITRE JR BOARD MEMBER 0.50
Director
$0 $0 $0
ARCHIE CHAISSON III BOARD MEMBER 0.50
Director
$0 $0 $0
TERRY COLEMAN BOARD MEMBER 0.50
Director
$0 $0 $0
DINO CHOUEST BOARD MEMBER 0.50
Director
$0 $0 $0
TRACEY HESTER BOARD MEMBER 0.50
Director
$0 $0 $0
CHETT CHIASSON BOARD CHAIRMAN 1.00
Officer Director
$0 $0 $0
SIMONE MALOZ BOARD MEMBER 0.50
Director
$0 $0 $0
HENRI BOULET EXECUTIVE DIRECTOR 40.00
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 $610,516 $1,221,454 $263,228 $-610,938
2023 $645,439 $1,272,046 $1,274,166 $-626,607
2022 $651,139 $2,596,468 $2,263,585 $-1,945,329
2021 $354,650 $297,257 $3,446,102 $57,393
2020 $493,807 $427,833 $3,388,709 $65,974
2019 $2,122,890 $595,793 $3,322,735 $1,527,097
2018 $662,243 $321,742 $1,795,864 $340,501
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