LOUISIANA HOUSING LAB INC

EIN: 823419809 501(c)(3) Housing & Shelter

LAFAYETTE, LA

Total Revenue
$27,628
Total Expenses
$26,459
Total Assets
$856,790
Net Assets
$9,849
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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
2021
Legal Domicile
LA
Tax Period
2021-01-01 to 2021-12-31

LOUISIANA HOUSING LAB INC, founded in 2021, is a micro nonprofit in the Housing & Shelter sector that reported $28K in total revenue in fiscal year 2021. Expenses of $26K left a modest 4% surplus.

Mission

THE ORGANIZATION PROVIDES LOW INCOME HOUSING ON A NON-PROFIT BASIS PURSUANT TO SECTION 222 (B) (3) OF THE NATIONAL HOUSING ACT

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $26,265
Investment Income $0
Other Revenue $1,363
TOTAL REVENUE $27,628

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,459
Other Expenses $26,459
TOTAL EXPENSES $26,459

Year-over-Year Comparison

2021 2020 Change
Revenue $27,628 N/A N/A
Expenses $26,459 N/A N/A
Net Income $1,169 N/A N/A
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
7
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COREY SAFT President 0.00
Director
$0 $0 $0
HECTOR LASALA Secretary 0.00
Director
$0 $0 $0
JILL BAMBURY Director 0.00
Director
$0 $0 $0
BETSY HACKETT Vice President 0.00
Director
$0 $0 $0
TAD DUPUY President 0.00
Director
$0 $0 $0
JODY GRIFFIN Director 0.00
Director
$0 $0 $0
LONNETTE BENOIT Director 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
2024 No data No data No data No data
2021 $27,628 $26,459 $856,790 $1,169
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