REAL REFORM LOUISIANA (EIN 844451874) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

FREDERICK HOLL

Phone

2253442230

Tax Period

2025-01-01 to 2025-12-31

REAL REFORM LOUISIANA, founded in 2020, is a small nonprofit that reported $291K in total revenue in fiscal year 2025. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $260K left a modest 11% surplus.

Mission

PUBLIC EDUCATION AND ADVOCACY ON INSURANCE ISSUES, WITH THE GOAL OF CREATING BETTER PUBLIC POLICY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $291,476

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $291,476

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,350

Fundraising Expenses $0

Program Expenses $257,700

Other Expenses $147,098

TOTAL EXPENSES $260,448

Year-over-Year Comparison

	2025	2024	Change
Revenue	$291,476	$215,729	+0.4%
Expenses	$260,448	$239,790	+0.1%
Net Income	$31,028	$-24,061	-2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$113,350

Total Directors

$113,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN RIGGS	EXECUTIVE DIRECTOR	1.00	Officer Director	$113,350	$0	$113,350
FREDERICK HOLL	SECRETARY	30.00	Officer Director	$0	$0	$0
KATE MAGSAMEN	OFFICER	1.00	Officer Director	$0	$0	$0
MILTON OURSO III	PRESIDENT	0.50	Officer 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
2025	$291,476	$260,448	$109,461	$31,028
2024	$215,729	$239,790	$78,433	$-24,061
2023	$61,000	$125,043	$102,494	$-64,043
2022	$195,101	$123,871	$166,537	$71,230
2021	$259,471	$219,586	$95,307	$39,885
2020	$460,791	$405,369	$55,422	$55,422

REAL REFORM LOUISIANA