LOUISIANA NATIONAL GUARD FOUNDATION

EIN: 814410016 501(c)(3) Public & Societal Benefit

NEW ORLEANS, LA

Total Revenue
$7,271,935
Total Expenses
$7,370,314
Total Assets
$18,861,783
Net Assets
$13,774,770
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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
2016
Legal Domicile
LA
Principal Officer
MICHAEL NICLOSI
Phone
5042788776
Tax Period
2024-07-01 to 2025-06-30

LOUISIANA NATIONAL GUARD FOUNDATION, founded in 2016, is a community nonprofit in the Public & Societal Benefit sector that reported $7.3M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring.

Mission

TO SERVE THE LA MILITARY DEPT. IN ITS EDUCATIONAL, MILITARY ENHANCEMENT & TRAINING MISSION.

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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 $5,372,467
Program Service Revenue $1,707,479
Investment Income $190,308
Other Revenue $1,681
TOTAL REVENUE $7,271,935

Expense Breakdown

Grants Paid $60,214
Salaries & Benefits $173,756
Fundraising Expenses $53,113
Program Expenses $6,302,486
Other Expenses $7,136,344
TOTAL EXPENSES $7,370,314

Year-over-Year Comparison

2024 2023 Change
Revenue $7,271,935 $14,207,115 -0.5%
Expenses $7,370,314 $6,443,610 +0.1%
Net Income $-98,379 $7,763,505 -1.0%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
500

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
$176,785
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN D'ANGELO CHAIRMAN 2.50
Officer Director
$0 $0 $0
RONALD L FAIA JR TREASURER 2.50
Officer Director
$0 $0 $0
RON DREZ DIRECTOR 2.50
Director
$0 $0 $0
RUSSELL MOSELY DIRECTOR 2.50
Director
$0 $0 $0
THOMAS BERON DIRECTOR 2.50
Director
$0 $0 $0
AMY WESTBROOK DIRECTOR 2.50
Director
$0 $0 $0
RICO ALVENDIA DIRECTOR 2.50
Director
$0 $0 $0
DOUG MOUTON DIRECTOR 2.50
Director
$0 $0 $0
MICHAEL NICLOSI EXECUTIVE DIRECTOR 40.00
Officer
$115,146 $9,958 $125,104
TODD LANDRY CHIEF EXECUTIVE OFFICER 40.00
Officer
$45,000 $6,681 $51,681
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 $7,271,935 $7,370,314 $18,861,783 $-98,379
2024 $14,207,115 $6,443,610 $15,155,310 $7,763,505
2023 $6,290,327 $5,987,934 $5,991,008 $302,393
2022 $6,505,889 $5,984,154 $5,835,401 $521,735
2021 $1,303,092 $997,340 $5,310,361 $305,752
2020 $1,454,641 $1,063,431 $4,978,908 $391,210
2019 $3,945,909 $1,518,689 $4,844,135 $2,427,220
2018 $1,891,500 $819,458 $2,085,020 $1,072,042
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