Volunteer Ascension

EIN: 721376404 501(c)(3) Philanthropy & Grantmaking

Gonzales, LA

Total Revenue
$286,677
Total Expenses
$138,058
Total Assets
$217,337
Net Assets
$214,951
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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
Tax Period
2021-01-01 to 2021-12-31

Volunteer Ascension, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $287K in total revenue in fiscal year 2021. The organization ran a surplus of $149K, a strong 52% operating margin.

Mission

Volunteer Ascension is dedicated to the recruitment and training of volunteers to provide a network of assistance to the less fortunate throughout the Ascension Parish community. We offer that assistance to children, the elderly, those with disabilities and those in need.

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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 (2021)

Revenue Breakdown

Contributions & Grants $285,271
Program Service Revenue $0
Investment Income $1,406
Other Revenue $0
TOTAL REVENUE $286,677

Expense Breakdown

Grants Paid $44,885
Salaries & Benefits $73,315
Fundraising Expenses $29,326
Program Expenses $59,548
Other Expenses $19,858
TOTAL EXPENSES $138,058

Year-over-Year Comparison

2021 2020 Change
Revenue $286,677 N/A N/A
Expenses $138,058 N/A N/A
Net Income $148,619 N/A N/A
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
16
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
5
$52,810
Total Directors
0
$0
Key Employees
1
$52,810
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sherry Denig Executive Director 40.00
Officer Key Emp
$52,810 $0 $52,810
Louis Lambert VP Programming Fundraising 2.50
Officer
$0 $0 $0
Kim Landry President 2.50
Officer
$0 $0 $0
Michael Bonfanti VP of Finance 2.50
Officer
$0 $0 $0
Gasper Chifici VP Administration Finan 2.50
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
2021 $286,677 $138,058 $217,337 $148,619
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