SOUTHWEST LOUISIANA ASSOCIATION OF REALT (EIN 726020725) - 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

1972

Legal Domicile

Principal Officer

JOSH PORTER

Phone

3374789717

Tax Period

2024-01-01 to 2024-12-31

SOUTHWEST LOUISIANA ASSOCIATION OF REALT, founded in 1972, is a small nonprofit in the Community Improvement sector that reported $665K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $947K exceeded revenue, resulting in a 42% operating deficit.

Mission

REAL ESTATE BOARD FOSTERING THE COMMUNITY

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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 $283,876

Program Service Revenue $359,599

Investment Income $4,272

Other Revenue $17,106

TOTAL REVENUE $664,853

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,811

Fundraising Expenses $0

Program Expenses $216,175

Other Expenses $776,413

TOTAL EXPENSES $947,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$664,853	$979,218	-0.3%
Expenses	$947,224	$679,438	+0.4%
Net Income	$-282,371	$299,780	-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

692

Independent Members

692

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA SLONE	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
MARY GUIDRY RINGO	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
DANETTE MCMANUS	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
JOE SMITH	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
TRICIA PHILLIPS	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
TRISH SKELLHAM	DIRECTOR AT LARGE	2.00	Director	$0	$0	$0
DODY KITELEY	MLS CHAIR	2.00	Director	$0	$0	$0
JOSH FOSTER	PRESIDENT	2.00	Officer	$0	$0	$0
KAREN NORTHCUTT	PRESIDENT ELECT	2.00	Officer	$0	$0	$0
SUMMER BOUDREAUX-RICHARD	VICE PRESIDENT	2.00	Officer	$0	$0	$0
AUSTIN POLK	TREASURER	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	$664,853	$947,224	$1,809,726	$-282,371
2023	$979,218	$679,438	$2,084,412	$299,780
2022	$932,566	$869,330	$1,809,084	$63,236
2021	$769,792	$492,682	$1,839,206	$277,110
2020	$552,642	$497,844	$1,579,889	$54,798

SOUTHWEST LOUISIANA ASSOCIATION OF REALT