Louisiana Retired Teachers Association Inc (EIN 726027354) - 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

1956

Legal Domicile

Principal Officer

Rodney Watson

Phone

2259278837

Tax Period

2023-04-01 to 2024-03-31

Louisiana Retired Teachers Association Inc, founded in 1956, is a small nonprofit that reported $604K in total revenue in fiscal year 2023.

Mission

Promoting the well-being and quality of life of retired teachers in 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $508,985

Investment Income $31,453

Other Revenue $63,901

TOTAL REVENUE $604,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $351,263

Fundraising Expenses $0

Program Expenses $448,681

Other Expenses $269,023

TOTAL EXPENSES $620,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$604,339	$595,143	+0.0%
Expenses	$620,286	$644,892	0.0%
Net Income	$-15,947	$-49,749	-0.7%

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

100

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

$153,450

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lazette Watterson	President	1.00	Officer Director	$0	$0	$0
Janis Hernandez	Past-President	1.00	Officer Director	$0	$0	$0
Clyde F Hamner	First Vice President	1.00	Officer Director	$0	$0	$0
Genevieve Gordon	Second Vice President	1.00	Officer Director	$0	$0	$0
Levon LeBan	District I President	1.00	Director	$0	$0	$0
William Picard	District II President	1.00	Director	$0	$0	$0
Gayle T Foster	District III President	1.00	Director	$0	$0	$0
S Sue Potts	District IV President	1.00	Director	$0	$0	$0
Patricia A Sonnier	District V President	1.00	Director	$0	$0	$0
Ivy Mouton	District VI President	1.00	Director	$0	$0	$0
Sue Sandifer	District VII President	1.00	Director	$0	$0	$0
Chris Nolen	District VIII President	1.00	Director	$0	$0	$0
Leandra Mitchell	District IX President	1.00	Director	$0	$0	$0
Becky Solley	District X President	1.00	Director	$0	$0	$0
Emma L Shepard	District XI President	1.00	Director	$0	$0	$0
Rodney Watson	Executive Director	40.00	Officer	$145,506	$7,944	$153,450

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	$604,339	$620,286	$866,718	$-15,947
2023	$595,143	$644,892	$889,437	$-49,749
2022	$579,500	$571,474	$928,565	$8,026
2021	$634,724	$526,146	$927,120	$108,578
2020	$692,837	$616,700	$820,753	$76,137
2019	$690,591	$641,892	$733,395	$48,699

Louisiana Retired Teachers Association Inc