SMH Foundation

EIN: 811077464 501(c)(3) Health Care

Slidell, LA

Total Revenue
$374,390
Total Expenses
$591,078
Total Assets
$684,156
Net Assets
$684,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
LA
Principal Officer
JAMES E TONGLET
Phone
9852808820
Tax Period
2024-01-01 to 2024-12-31

SMH Foundation, founded in 2016, is a small nonprofit in the Health Care sector that reported $374K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $591K exceeded revenue, resulting in a 58% operating deficit.

Mission

THE SMH FOUNDATION WAS CREATED TO SUPPORT THE ST TAMMANY HOSPITAL SERVICES DISTRICT NO 2 (SLIDELL MEMORIAL HOSPITAL) AND ITS EFFORTS TO IMPROVE THE QUALITY OF LIFE IN OUR 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $265,705
Program Service Revenue $0
Investment Income $31,085
Other Revenue $77,600
TOTAL REVENUE $374,390

Expense Breakdown

Grants Paid $390,019
Salaries & Benefits $136,489
Fundraising Expenses $51,513
Program Expenses $487,276
Other Expenses $64,570
TOTAL EXPENSES $591,078

Year-over-Year Comparison

2024 2023 Change
Revenue $374,390 $415,642 -0.1%
Expenses $591,078 $369,921 +0.6%
Net Income $-216,688 $45,721 -5.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
9
Employees
2
Volunteers
18

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
3
$0
Total Directors
14
$120,525
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE L PANZECA Executive Dir. 50.00
Director
$85,582 $34,943 $120,525
DAVID BRIGNAC Trustee 3.00
Director
$0 $0 $0
AL THONN JR Past President 3.00
Director
$0 $0 $0
EDWARD M MANNINA MD VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
JAMES E TONGLET Chairman 8.00
Officer Director
$0 $0 $0
DANIEL CULPEPPER II Trustee 3.00
Director
$0 $0 $0
MATTHEW MCELVEEN MD Trustee 3.00
Director
$0 $0 $0
SHAWN TORRES Trustee 3.00
Director
$0 $0 $0
BRUCE BLACK Trustee 3.00
Director
$0 $0 $0
JENNY AMARANENI Trustee 3.00
Director
$0 $0 $0
LAUREN NAVARRE Trustee 3.00
Director
$0 $0 $0
MICHAEL NOTO TRU' 3.00
Director
$0 $0 $0
VERA OBRIEN Trustee 3.00
Director
$0 $0 $0
GEORGIA JOHNSON Trustee 3.00
Director
$0 $0 $0
HENRY DEHARDE Secy/Treasurer 5.00
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 $374,390 $591,078 $684,156 $-216,688
2023 $415,642 $369,921 $885,609 $45,721
2022 $422,279 $310,268 $821,674 $112,011
2021 $328,333 $607,565 $939,928 $-279,232
2020 $486,224 $374,597 $1,013,091 $111,627
2019 $402,437 $185,053 $826,151 $217,384
2018 $387,375 $176,279 $608,767 $211,096
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