LIFE COAST COMMUNITY HEALTH CENTER INC

EIN: 843098481 501(c)(3)

THIBODAUX, LA

Total Revenue
$7,143,034
Total Expenses
$7,467,955
Total Assets
$2,457,067
Net Assets
$-6,510,266
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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
LA
Principal Officer
SHANNON BOUDREAUX
Phone
9854926170
Tax Period
2024-01-01 to 2024-12-31

LIFE COAST COMMUNITY HEALTH CENTER INC, founded in 2019, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 227% from the prior year, signaling strong growth momentum.

Mission

WORKING TOGETHER AS PARTNERS TO ENHANCE THE LIVES OF AREA RESIDENTS BY (CONTINUED ON SCH O)PROVIDING PATIENT CENTERED HEALTHCARE SERVICES THAT PROMOTE WELLNESS, PREVENTION, AND CARE COORDINATION IN LAFOURCHE AND TERREBONNE PARISHES.

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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 $42,028
Program Service Revenue $7,100,531
Investment Income $0
Other Revenue $475
TOTAL REVENUE $7,143,034

Expense Breakdown

Grants Paid $0
Salaries & Benefits $987,519
Fundraising Expenses $0
Program Expenses $5,274,798
Other Expenses $6,480,436
TOTAL EXPENSES $7,467,955

Year-over-Year Comparison

2024 2023 Change
Revenue $7,143,034 $2,186,006 +2.3%
Expenses $7,467,955 $4,419,486 +0.7%
Net Income $-324,921 $-2,233,480 -0.9%
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
13
Independent Members
13
Employees
39
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
2
$147,616
Total Directors
14
$25,750
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CALVIN COOKS SR BOARD MEMBER 0.50
Director
$0 $0 $0
MILLY DAMPEER BOARD MEMBER 0.50
Director
$0 $0 $0
CHASITY GRAHAM BOARD MEMBER 0.50
Director
$0 $0 $0
SUNSHINE HEBERT BOARD MEMBER 0.50
Director
$0 $0 $0
JEREMY CALLAHAN BOARD MEMBER 0.50
Director
$0 $0 $0
SEAN LINDSEY BOARD MEMBER 0.50
Director
$0 $0 $0
MONA CHRISTEN BOARD MEMBER 0.50
Director
$0 $0 $0
DYLAN DAIGLE BOARD MEMBER 0.50
Director
$0 $0 $0
CHERYL THOMAS BOARD MEMBER 0.50
Director
$0 $0 $0
CHARLES FAUCHEUX MD MEDICAL DIRECTOR 5.00
Officer Director
$25,750 $0 $25,750
ELIZABETH THERIOT BOARD MEMBER 0.50
Director
$0 $0 $0
DANAE PORCHE BOARD MEMBER 0.50
Director
$0 $0 $0
JENNIFER RICHARD BOARD MEMBER 0.50
Director
$0 $0 $0
COURTNEY MALVEAUX BOARD MEMBER 0.50
Director
$0 $0 $0
SHANNON BOUDREAUX CEO 40.00
Officer
$121,866 $0 $121,866
COURTNIE SEATON PHYSICIAN 40.00
Highest
$104,186 $0 $104,186
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 $7,143,034 $7,467,955 $2,457,067 $-324,921
2023 $2,186,006 $4,419,486 $1,033,561 $-2,233,480
2022 $2,298,542 $3,315,234 $771,875 $-1,016,692
2021 $1,450,669 $3,091,555 $234,655 $-1,640,886
2020 $512,422 $1,719,605 $290,313 $-1,207,183
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