LOURDES FOUNDATION INC

EIN: 721494532 501(c)(3)

BATON ROUGE, LA

Total Revenue
$2,333,947
Total Expenses
$222,570
Total Assets
$14,262,855
Net Assets
$13,924,028
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
LA
Principal Officer
STEPHANIE MANSON
Phone
3374704610
Tax Period
2022-07-01 to 2023-06-30

LOURDES FOUNDATION INC, founded in 2001, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2022. Revenue surged 131% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 90% operating margin.

Mission

WE SEEK AND FACILITATE GIFTS TO PROVIDE CHARITABLE HEALTHCARE PROGRAMS AND SERVICES (SEE SCHEDULE O) THAT SUPPORT THE MISSION OF OUR LADY OF LOURDES REGIONAL MEDICAL CENTER, INC.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,168,489
Program Service Revenue $0
Investment Income $74,614
Other Revenue $90,844
TOTAL REVENUE $2,333,947

Expense Breakdown

Grants Paid $52,796
Salaries & Benefits $0
Fundraising Expenses $105,596
Program Expenses $52,796
Other Expenses $169,774
TOTAL EXPENSES $222,570

Year-over-Year Comparison

2022 2021 Change
Revenue $2,333,947 $1,009,204 +1.3%
Expenses $222,570 $158,286 +0.4%
Net Income $2,111,377 $850,918 +1.5%
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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Governance

Voting Members
22
Independent Members
20
Employees
N/A
Volunteers
28

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
11
$3,469,091
Total Directors
23
$2,358,132
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIMMY MALLIA TREASURER 0.50
Officer Director
$0 $0 $0
ROBERT FOARD IMMEDIATE PAST CHAIR 0.50
Director
$0 $0 $0
HUNTER TRAHAN VICE CHAIR 0.50
Officer Director
$0 $0 $0
JEFF ELMORE BOARD MEMBER 0.50
Director
$0 $0 $0
JOANIE HILL BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN MENDELL BOARD MEMBER 0.50
Director
$0 $0 $0
KELLY GAUTHREAUX SECRETARY 0.50
Officer Director
$0 $0 $0
KIM BISHOP CHAIR 0.50
Officer Director
$0 $0 $0
MIKE HAMNER BOARD MEMBER 0.50
Director
$0 $0 $0
NANCY PRINCE BOARD MEMBER 0.50
Director
$0 $0 $0
TIGER PHARR BOARD MEMBER 0.50
Director
$0 $0 $0
DR CLAY CHANDLER BOARD MEMBER 0.50
Director
$0 $0 $0
DR KATHRYN STROTHER BOARD MEMBER 0.50
Director
$0 $15,002 $289,637
CHARLIE BABINEAUX BOARD MEMBER 0.50
Director
$0 $0 $0
ROBIN FERGUSON BOARD MEMBER 0.50
Director
$0 $0 $0
DR PERRI PRELLOP BOARD MEMBER 0.50
Director
$0 $0 $0
JIMMY WHITE MD BOARD MEMBER/PHYSICIAN 0.50
Director
$0 $0 $20,400
KATHLEEN HEALY-COLLIER LOURDES PRESIDENT (UNTIL 7/22) 0.50
Officer Director
$0 $12,965 $598,955
DR PAUL BREAUX BOARD MEMBER 0.50
Director
$0 $0 $0
DR DEIADRA GARRETT BOARD MEMBER/PHYSICIAN 0.50
Director
$0 $24,403 $843,359
ROBBIE MAHTOOK III BOARD MEMBER 0.50
Director
$0 $0 $0
STEPHANIE MANSON LOURDES MARKET PRESIDENT (FROM 3/23) 0.50
Officer Director
$0 $52,991 $605,781
WILL RUCKS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY D LIMBOCKER CFO/EVP FMOLHS (UNTIL 9/22) 0.50
Officer
$0 $20,489 $875,663
MICHAEL GLEASON CFO FMOLHS (FROM 4/23) 0.50
Officer
$0 $0 $0
LOWELL STANTON VP FINANCE/CFO LOURDES 0.50
Officer
$0 $42,795 $648,848
ROBERT RAMSEY INTERIM CFO (9/22 TO 5/23) 0.50
Officer
$0 $755 $259,391
DONNA LANDRY LOURDES INTERIM PRES (UNTIL 3/23) 0.50
Officer
$0 $29,173 $480,453
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,333,947 $222,570 $14,262,855 $2,111,377
2022 $1,009,204 $158,286 $11,692,127 $850,918
2021 $951,403 $4,691,534 $11,873,468 $-3,740,131
2020 $3,934,522 $288,144 $14,621,279 $3,646,378
2019 $2,972,878 $220,037 $10,936,794 $2,752,841
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