MCNEESE STATE UNIVERSITY FOUNDATION

EIN: 726029144 501(c)(3) Education

LAKE CHARLES, LA

Total Revenue
$19,534,326
Total Expenses
$11,964,452
Total Assets
$128,916,921
Net Assets
$118,845,271
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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
1965
Legal Domicile
LA
Phone
3374755386
Tax Period
2024-07-01 to 2025-06-30

MCNEESE STATE UNIVERSITY FOUNDATION, founded in 1965, is a mid-sized nonprofit in the Education sector that reported $19.5M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.6M, a strong 39% operating margin.

Mission

THE MISSION OF THE MSU FOUNDATION IS TO COLLECT AND ADMINISTER PRIVATE FINANCIAL SUPPORT FOR MSU TO PROVIDE SCHOLARSHIPS AND PROFESSORHIPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $14,542,284
Program Service Revenue $0
Investment Income $4,798,368
Other Revenue $193,674
TOTAL REVENUE $19,534,326

Expense Breakdown

Grants Paid $9,156,586
Salaries & Benefits $461,589
Fundraising Expenses $0
Program Expenses $9,156,586
Other Expenses $2,346,277
TOTAL EXPENSES $11,964,452

Year-over-Year Comparison

2024 2023 Change
Revenue $19,534,326 $15,003,037 +0.3%
Expenses $11,964,452 $11,421,426 +0.0%
Net Income $7,569,874 $3,581,611 +1.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
27

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
4
$0
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL BROUSSARD EX OFFICIO - INTERIM VP FO 0.00
Director
$0 $0 $0
LAURA BOWERS EX OFFICIO - EXEC DIRECTOR 0.00
Director
$0 $0 $0
MATT GRAHAM EX OFFICIO - PRESIDENT, MC 0.00
Director
$0 $0 $0
CARL H VINCENT VP/PRESIDENT-ELECT 0.00
Director
$0 $0 $0
CORAL CRAIN BYRD ADVISORY BOARD MEMBER 0.00
Director
$0 $0 $0
DR WADE ROUSSE EX OFFICIO - PRESIDENT, MS 0.00
Director
$0 $0 $0
CYNTHIA ROUGEOU BOARD MEMBER 0.00
Director
$0 $0 $0
JAMES E TAUSSIG ADVISORY BOARD MEMBER 0.00
Director
$0 $0 $0
AUBREY WHITE BOARD MEMBER 0.00
Director
$0 $0 $0
DR ERIC SANDERS BOARD MEMBER 0.00
Director
$0 $0 $0
JUDY FULLER SECRETARY 0.00
Officer Director
$0 $0 $0
WILLIE MOUNT BOARD MEMBER 0.00
Director
$0 $0 $0
WILLIAM E ROSE TREASURER 0.00
Officer Director
$0 $0 $0
RONALD DINGLER BOARD MEMBER 0.00
Director
$0 $0 $0
BUTCH FERDINANDSEN BOARD MEMBER 0.00
Director
$0 $0 $0
TOM HENNING BOARD MEMBER 0.00
Director
$0 $0 $0
BEN MARRINER BOARD MEMBER 0.00
Director
$0 $0 $0
ROBERT C MCCORQUODALE PRESIDENT 0.00
Officer Director
$0 $0 $0
DR LEE J MONLENZUN JR BOARD MEMBER 0.00
Director
$0 $0 $0
DR CRAIG MORTON BOARD MEMBER 0.00
Director
$0 $0 $0
RYAN NAVARRE BOARD MEMBER 0.00
Director
$0 $0 $0
ANGLEA QUEENAN BOARD MEMBER 0.00
Officer Director
$0 $0 $0
DAVID STINE BOARD MEMBER 0.00
Director
$0 $0 $0
GARY GOBERT BOARD MEMBER 0.00
Director
$0 $0 $0
GENE THIBODEAUX BOARD MEMBER 0.00
Director
$0 $0 $0
CRAIG JOHNSON BOARD MEMBER 0.00
Director
$0 $0 $0
RICKY SELF BOARD MEMBER 0.00
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
2025 $19,534,326 $11,964,452 $128,916,921 $7,569,874
2024 $15,003,037 $11,421,426 $117,602,685 $3,581,611
2023 $10,411,016 $8,696,023 $110,047,446 $1,714,993
2022 $15,814,029 $8,818,451 $101,832,401 $6,995,578
2021 $16,522,608 $7,683,393 $118,260,420 $8,839,215
2020 $22,056,190 $8,963,194 $95,881,404 $13,092,996
2019 $14,120,486 $7,607,771 $87,112,544 $6,512,715
2018 $10,908,895 $8,216,046 $82,135,039 $2,692,849
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