LAEHCY-LOUISIANA ASSOC FOR THE EDUCATION OF HOMELESS CHILDREN

EIN: 721450111 501(c)(3) Education

BATON ROUGE, LA

Total Revenue
$50,848
Total Expenses
$32,960
Total Assets
$216,110
Net Assets
$216,110
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
LA
Principal Officer
CAROLYN COLEMA
Phone
2254567505
Tax Period
2023-01-01 to 2023-12-31

LAEHCY-LOUISIANA ASSOC FOR THE EDUCATION OF HOMELESS CHILDREN, founded in 2000, is a micro nonprofit in the Education sector that reported $51K in total revenue in fiscal year 2023. The organization ran a surplus of $18K, a strong 35% operating margin.

Mission

TO REMOVE BARRIERS THAT HOMELESS CHILDREN AND THOSE WHO ARE AT RISK OF BEING HOMELESS FACE IN ENROLLING, ATTENDING, AND SUCCEEDING IN SCHOOL. PROVIDE SOCIAL SERVICES TO SENIORS CITIZENS WE WILL NETWORK WITH OTHER ENTITIES WITH SHARED VISIONS TO PROVIDE ASSISTANCE TO MEET THE ACADEMIC, PHYSICAL, EMOTIONAL, AND SOCIAL NEEDS OF THIS POPULATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $50,848
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $50,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,286
Other Expenses $32,960
TOTAL EXPENSES $32,960

Year-over-Year Comparison

2023 2022 Change
Revenue $50,848 N/A N/A
Expenses $32,960 N/A N/A
Net Income $17,888 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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRY BRISCOE TREASURER 2.00
Officer
$0 $0 $0
CAROLYN COLEMA EXECUTIVE DI 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
2023 $50,848 $32,960 $216,110 $17,888
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