LEGACY DONOR FOUNDATION

EIN: 721454097 501(c)(3) Health Care

METAIRIE, LA

Total Revenue
$128,010
Total Expenses
$188,596
Total Assets
$56,081
Net Assets
$45,822
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
LA
Principal Officer
NICOLE LABADOT
Phone
5045588900
Tax Period
2024-01-01 to 2024-12-31

LEGACY DONOR FOUNDATION, founded in 1999, is a small nonprofit in the Health Care sector that reported $128K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $189K exceeded revenue, resulting in a 47% operating deficit.

Mission

LEGACY DONOR FOUNDATION IS A NON-PROFIT (501(C3)) ORGANIZATION THAT IS DEDICATED TO RAISING PUBLIC AWARENESS AND EDUCATION ABOUT THE NEED FOR ORGAN, EYE AND TISSUE DONATION IN LOUISIANA. LEGACY IS THE ONLY ORGANIZATION IN THE STATE OF LOUISIANA THAT IS SOLELY DEDICATED TO GROWING THE STATE REGISTRY. SINCE THIS IS OUR ONLY FOCUS WE ARE SUCESSFUL IN EFFECTIVELY GROWING THE REGISTRY THROUGH OUR STATE WIDE EDUCATIONAL AND ADVOCACY PROGRAMS.

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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 $128,010
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $128,010

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,325
Fundraising Expenses $0
Program Expenses $118,856
Other Expenses $106,271
TOTAL EXPENSES $188,596

Year-over-Year Comparison

2024 2023 Change
Revenue $128,010 $167,991 -0.2%
Expenses $188,596 $206,505 -0.1%
Net Income $-60,586 $-38,514 +0.6%
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

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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
10
Independent Members
10
Employees
1
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
$70,000
Total Directors
11
$70,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK BROWNE BOARD MEMBER 0.30
Director
$0 $0 $0
ALYSSA FLETCHINGER HIGGINS BOARD MEMBER 0.30
Director
$0 $0 $0
REV DR WILLIE GABLE JR BOARD MEMBER 0.30
Director
$0 $0 $0
ANA HANDS MD BOARD MEMBER 0.30
Director
$0 $0 $0
KAREN BERG BOARD MEMBER 0.30
Director
$0 $0 $0
CLINT SMITH JR BOARD MEMBER 0.30
Director
$0 $0 $0
ELISE RYAN TREASURER 0.30
Director
$0 $0 $0
BRANDI THEARD BOARD MEMBER 0.30
Director
$0 $0 $0
NICOLE LABADOT EXECUTIVE DIRECTOR 40.00
Officer Director
$70,000 $0 $70,000
YOLANDA WILSON BOARD MEMBER 0.30
Director
$0 $0 $0
LEIGH ELLEN PUCKET BAORD MEMBER 0.30
Director
$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 $128,010 $188,596 $56,081 $-60,586
2023 $167,991 $206,505 $115,692 $-38,514
2022 $138,028 $194,936 $148,992 $-56,908
2021 $26,483 $211,929 $202,792 $-185,446
2020 $320,335 $233,797 $359,605 $86,538
2019 $146,279 $195,734 $251,478 $-49,455
2018 $133,439 $178,826 $299,554 $-45,387
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