LOUISIANA SUPREME COURT COMMITTEE ON BAR ADMISSIONS (EIN 721577644) - 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

1999

Legal Domicile

Principal Officer

MONIQUE DRAKE

Phone

5048305463

Tax Period

2024-07-01 to 2025-06-30

LOUISIANA SUPREME COURT COMMITTEE ON BAR ADMISSIONS, founded in 1999, is a community nonprofit in the Social Science sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $232K, a strong 16% operating margin.

Mission

TO ADMINISTER THE LOUISIANA STATE BAR EXAM, REVIEW STATE BAR APPLICATIONS AND EDUCATE THE PUBLIC ON THE REQUIREMENTS TO PRACTICE LAW IN THE STATE OF LOUISIANA.

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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 $0

Program Service Revenue $1,394,905

Investment Income $14,881

Other Revenue $0

TOTAL REVENUE $1,409,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $810,481

Fundraising Expenses $0

Other Expenses $367,158

TOTAL EXPENSES $1,177,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,409,786	$1,328,195	+0.1%
Expenses	$1,177,639	$1,138,572	+0.0%
Net Income	$232,147	$189,623	+0.2%

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

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

$206,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY FELDMAN JR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
L DAVID CROMWELL	PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
CELESTE R COCO-EWING	DIRECTOR OF CHARACTER & FI	1.00	Officer Director	$0	$0	$0
DOW M EDWARDS	CHARACTER & FITNESS PANEL	1.00	Director	$0	$0	$0
C PECK HAYNE JR	DIRECTOR OF TESTING	1.00	Officer Director	$0	$0	$0
STEPHANIE A FINLEY	TESTING COMMITTEE MEMBERS	1.00	Director	$0	$0	$0
MAGISTRATE DONNA P CURRAULT	TESTING COMMITTEE MEMBERS	1.00	Director	$0	$0	$0
THOMAS P OWEN JR	CIVIL CODE I	1.00	Director	$0	$0	$0
ERIN WEDGE LATUSO	LA CODE OF CIVIL PROCEDURE	1.00	Director	$0	$0	$0
ZITA M ANDRUS	TORTS	1.00	Director	$0	$0	$0
MARK J FERNANDEZ	BUSINESS ENTITIES	1.00	Director	$0	$0	$0
ADAM P JOHNSON	CRIMINAL LAW, PROCEDURE &	1.00	Director	$0	$0	$0
GLENN L LANGLEY	FEDERAL JURISDICTION AND P	1.00	Director	$0	$0	$0
KATHRYN W MUNSON	CONSTITUTIONAL LAW	1.00	Director	$0	$0	$0
NICHOLE M BUCKLE	CHARACTER & FITNESS PANEL	1.00	Director	$0	$0	$0
JOSEPH M PLACER JR	CIVIL CODE II	1.00	Director	$0	$0	$0
MARGARET MARIE WELSH	CIVIL CODE III	1.00	Director	$0	$0	$0
EDWARD FRANCIS HAROLD	TESTING ACCOMMODATIONS	1.00	Director	$0	$0	$0
MONIQUE DRAKE	EXECUTIVE DIRECTOR	40.00	Officer	$107,650	$0	$107,650
MEGAN O'CAIN	DIRECTOR OF TESTING	40.00	Officer	$98,946	$0	$98,946

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	$1,409,786	$1,177,639	$1,771,925	$232,147
2024	$1,328,195	$1,138,572	$1,370,319	$189,623
2023	$994,517	$1,099,271	$1,161,154	$-104,754
2022	$1,016,286	$984,792	$1,128,353	$31,494
2021	$1,315,834	$909,278	$1,190,165	$406,556
2020	$998,916	$992,423	$926,886	$6,493
2019	$865,282	$907,580	$669,687	$-42,298

LOUISIANA SUPREME COURT COMMITTEE ON BAR ADMISSIONS