PATRIOT SERVICES GROUP LOUISIANA INC (EIN 834037139) - 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

2019

Legal Domicile

Principal Officer

SHANE CORMIER

Phone

9046862681

Tax Period

2023-01-01 to 2023-12-31

PATRIOT SERVICES GROUP LOUISIANA INC, founded in 2019, is a community nonprofit in the Housing & Shelter sector that reported $6.1M in total revenue in fiscal year 2023. Expenses of $10.0M exceeded revenue, resulting in a 64% operating deficit.

Mission

TO PROVIDE SAFE, CLEAN, AFFORDABLE HOUSING TO LOW- TO VERY-LOW-INCOME INDIVIDUALS AND FAMILIES ALONG WITH SPECIAL PROGRAMS AND SERVICES TO ASSIST HOMELESS VETERANS ACROSS THE NATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,978,499

Investment Income $97,596

Other Revenue $0

TOTAL REVENUE $6,076,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,102,823

Fundraising Expenses $0

Program Expenses $9,351,141

Other Expenses $8,858,030

TOTAL EXPENSES $9,960,853

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,076,095	$5,658,025	+0.1%
Expenses	$9,960,853	$9,410,275	+0.1%
Net Income	$-3,884,758	$-3,752,250	+0.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL A LAU ESQ	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
LIZ PEAK	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SHANE CORMIER CPA MACC	TREASURER	2.00	Officer Director	$0	$0	$0
DUKE JORDAN	SECRETARY	2.00	Officer Director	$0	$0	$0
CAMERON HOOPER	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM BRUCE	DIRECTOR	2.00	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
2023	$6,076,095	$9,960,853	$55,701,456	$-3,884,758
2022	$5,658,025	$9,410,275	$59,131,538	$-3,752,250
2021	$3,808,573	$3,723,739	$64,144,983	$84,834
2020	$2,906,832	$4,058,944	$19,066,464	$-1,152,112
2019	No data	No data	No data	No data

PATRIOT SERVICES GROUP LOUISIANA INC