THE WOODLAND FOUNDATION

EIN: 834057982 501(c)(3) Education

BATON ROUGE, LA

Total Revenue
$869,850
Total Expenses
$319,369
Total Assets
$11,428,889
Net Assets
$11,428,889
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
LA
Principal Officer
JOHN NAUGHTON
Phone
2257668595
Tax Period
2024-09-01 to 2025-08-31

THE WOODLAND FOUNDATION, founded in 2019, is a small nonprofit in the Education sector that reported $870K in total revenue in fiscal year 2024. Revenue surged 539% from the prior year, signaling strong growth momentum. The organization ran a surplus of $550K, a strong 63% operating margin.

Mission

The Foundation is organized solely and exclusively to support an advanced school of banking known as, TSBS, Inc., FID 72-0019332, and for other educational and professional purposes not inconsistent with the Foundation's status as a nonprofit Foundation under Section 501 c 3 of the Internal Revenue Code or its successor provisions. The Foundation's purpose is to accept donations and to hold and invest funds to support operation of an advanced school of banking known as TSBS, Inc., FID 72-0019332, and for other educational and professional purposes not inconsistent with the Foundation's status as a nonprofit Foundation under Section 501 c 3 of the Internal Revenue Code or its successor provisions and as more fully set forth in the Articles of Incorporation.

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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 $0
Program Service Revenue $0
Investment Income $869,850
Other Revenue $0
TOTAL REVENUE $869,850

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,000
Other Expenses $319,369
TOTAL EXPENSES $319,369

Year-over-Year Comparison

2024 2023 Change
Revenue $869,850 $136,138 +5.4%
Expenses $319,369 $312,977 +0.0%
Net Income $550,481 $-176,839 -4.1%
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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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
7

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN NAUGHTON EXECUTIVE DIRECTOR 1.00
$0 $53,615 $273,761
SHERRI SACKETT President 0.00
Officer
$0 $0 $0
SCOTT COCANOUGHER President 0.00
Officer
$0 $0 $0
KATHY KRANINGER Chairman 0.00
Officer
$0 $0 $0
GINGER LAURENT Chairman 0.00
Officer
$0 $0 $0
STEPHEN DAVID President 0.00
Officer
$0 $0 $0
FRED GREEN Chairman 0.00
Officer
$0 $0 $0
RYAN EARNEST Vice President 0.00
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
2025 $869,850 $319,369 $11,428,889 $550,481
2024 $136,138 $312,977 $10,561,214 $-176,839
2023 $22,299 $301,021 $8,408,814 $-278,722
2022 $-9,384 $12,480 $6,991,986 $-21,864
2022 $672,848 $232,597 $6,846,794 $440,251
2021 $223,701 $27,304 $5,967,881 $196,397
2020 $2,733 $274 $2,599,293 $2,459
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