LSU ALUMNI ASSOCIATION (EIN 726027430) - 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

1959

Legal Domicile

Principal Officer

SHANNON MCCONNELL

Phone

2255783827

Tax Period

2024-01-01 to 2024-12-31

LSU ALUMNI ASSOCIATION, founded in 1959, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. Expenses of $5.8M left a modest 11% surplus.

Mission

THE MISSION IS TO PROTECT, PROMOTE, AND FOSTER THE WELFARE OF LOUISIANA STATE UNIVERSITY AND TO CREATE AND NURTURE MUTUALLY BENEFICIAL RELATIONSHIPS BETWEEN THE UNIVERSITY AND ITS ALUMNI AND FRIENDS. THE ASSOCIATION, USING THE TALENTS AND RESOURCES OF ALUMNI AND FRIENDS OF THE UNIVERSITY, SUPPORTS THE UNIVERSITY IN PURSUIT OF EXCELLENCE IN TEACHING, RESEARCH, AND PUBLIC SERVICE TO FUTURE AND CURRENT ALUMNI.

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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 $2,430,349

Program Service Revenue $1,749,934

Investment Income $1,519,043

Other Revenue $812,262

TOTAL REVENUE $6,511,588

Expense Breakdown

Grants Paid $1,000,792

Salaries & Benefits $1,891,527

Fundraising Expenses $1,593,448

Program Expenses $2,769,964

Other Expenses $2,886,420

TOTAL EXPENSES $5,778,739

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,511,588	$3,628,697	+0.8%
Expenses	$5,778,739	$5,044,896	+0.1%
Net Income	$732,849	$-1,416,199	-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

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

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

$652,418

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH CARVALHIDO	PRESIDENT	40.00	Officer	$244,169	$18,487	$262,656
LANDON JORDAN 11-731	TREASURER	40.00	Officer	$84,584	$12,339	$96,923
AMY PARRINO	SENIOR VICE PRESIDENT	40.00	Officer	$148,271	$8,941	$157,212
SHANNON MCCONNELL	CFO	40.00	Officer	$129,189	$6,438	$135,627
DR MARIO GARNER	CHAIR	4.00	Officer	$0	$0	$0
KATHY FIVES	PAST-CHAIR	4.00	Officer	$0	$0	$0
MARK KENT ANDERSON	CHAIR-ELECT	4.00	Officer	$0	$0	$0
DAVID BRADDOCK	DIRECTOR	4.00	Director	$0	$0	$0
BART SCHMOLKE	DIRECTOR	4.00	Director	$0	$0	$0
JEFFREY MOHR	DIRECTOR	4.00	Director	$0	$0	$0
SCOTT JENKINS	DIRECTOR	4.00	Director	$0	$0	$0
JADY REGARD	DIRECTOR	4.00	Director	$0	$0	$0
COREY FOSTER MD	DIRECTOR	4.00	Director	$0	$0	$0
JIMMY GOSSLEE	DIRECTOR	4.00	Director	$0	$0	$0
J OFORI AGBOKA	DIRECTOR	4.00	Director	$0	$0	$0
MICHAEL BETHEA	DIRECTOR	4.00	Director	$0	$0	$0
ERIN MONROE	DIRECTOR	4.00	Director	$0	$0	$0
LOUIS MINSKY MD	DIRECTOR	4.00	Director	$0	$0	$0
ARCHER FRIERSON	DIRECTOR	4.00	Director	$0	$0	$0
LEO HAMILTON	DIRECTOR	4.00	Director	$0	$0	$0
LAUREN HUGHES	DIRECTOR	4.00	Director	$0	$0	$0
RORI SMITH	DIRECTOR	4.00	Director	$0	$0	$0
MICHAEL WOODS	DIRECTOR	4.00	Director	$0	$0	$0
PAUL BUFFONE	DIRECTOR	4.00	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	$6,511,588	$5,778,739	$42,117,569	$732,849
2023	$3,628,697	$5,044,896	$40,611,944	$-1,416,199
2022	$3,571,829	$4,924,740	$39,474,308	$-1,352,911
2021	$6,287,291	$4,352,827	$45,403,082	$1,934,464
2020	$3,814,637	$4,837,709	$42,813,688	$-1,023,072
2019	$7,004,445	$5,746,798	$41,829,807	$1,257,647
2018	$6,838,500	$5,511,338	$37,761,371	$1,327,162

LSU ALUMNI ASSOCIATION