SOUTH CENTRAL INDUSTRIAL ASSOCIATION (EIN 721378792) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

JJ BUQUET

Phone

9858512201

Tax Period

2024-01-01 to 2024-12-31

SOUTH CENTRAL INDUSTRIAL ASSOCIATION, founded in 1997, is a small nonprofit in the Community Improvement sector that reported $261K in total revenue in fiscal year 2024. Expenses of $249K left a modest 5% surplus.

Mission

THE MISSION OF SCIA IS TO ADVOCATE FOR AND CREATE OPPORTUNITIES FOR INDUSTRY VESTED IN THE BAYOU REGION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $214,658

Program Service Revenue $0

Investment Income $13,992

Other Revenue $32,671

TOTAL REVENUE $261,321

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $132,439

Fundraising Expenses $0

Other Expenses $109,568

TOTAL EXPENSES $249,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,321	$248,059	+0.1%
Expenses	$249,007	$261,834	0.0%
Net Income	$12,314	$-13,775	-1.9%

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

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

Total Directors

$86,538

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HILLARY CHARPENTIER	EXECUTIVE DI	40.00	Director	$86,538	$0	$86,538
LEAH BROWN	DIRECTOR	2.00	Director	$0	$0	$0
WALTER THOMASSIE	DIRECTOR	2.00	Director	$0	$0	$0
LANCE TROTTI	DIRECTOR	2.00	Director	$0	$0	$0
RACHAEL WAGUESPACK	DIRECTOR	2.00	Director	$0	$0	$0
JJ BUQUET	PRESIDENT	2.00	Officer	$0	$0	$0
MARK DANOS	VICE PRESIDE	2.00	Officer	$0	$0	$0
DANIELLE MORVANT	SECRETARY/TR	2.00	Officer	$0	$0	$0
MATTHEW NEWCHURCH	EXECUTIVE VI	2.00	Officer	$0	$0	$0
JONI TUCK	PAST PRESIDE	2.00	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	$261,321	$249,007	$199,796	$12,314
2023	$248,059	$261,834	$187,482	$-13,775

SOUTH CENTRAL INDUSTRIAL ASSOCIATION