ASSOCIATED BUILDERS AND CONTRACTORS PELICAN EDUCATION FOUNDATION INC (EIN 850596315) - 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

2020

Legal Domicile

Principal Officer

DAVID HELVESTON

Phone

2257521415

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATED BUILDERS AND CONTRACTORS PELICAN EDUCATION FOUNDATION INC, founded in 2020, is a small nonprofit in the Education sector that reported $335K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $335K, a strong 100% operating margin.

Mission

TO ADVANCE CAREERS IN THE CONSTRUCTION INDUSTRY BY SUPPORTING AND PROVIDING EDUCATION AND TRAINING TO INDIVIDUALS IN THE WORKFORCE FOR THE PURPOSE OF IMPROVING THEIR LIVES AND CAPABILITIES. ALSO TO RAISE AND DISTRIBUTE IMPACTFUL FUNDING FOR CONSTRUCTION EDUCATION ACROSS LOUISIANA AND THE GULF SOUTH.

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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 $295,700

Program Service Revenue $0

Investment Income $38,977

Other Revenue $0

TOTAL REVENUE $334,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $36

TOTAL EXPENSES $36

Year-over-Year Comparison

	2023	2022	Change
Revenue	$334,677	$1,251,057	-0.7%
Expenses	$36	$557	-0.9%
Net Income	$334,641	$1,250,500	-0.7%

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

N/A

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

$276,299

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THAD RISPONE	PRESIDENT	0.50	Officer Director	$0	$0	$0
CHRISTIAN FAST	SECRETARY	0.50	Officer Director	$0	$0	$0
ANDY LOPEZ	TREASURER	0.50	Officer Director	$0	$0	$0
DAVID FRANKS	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN SCHEMPF	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID HELVESTON	EXECUTIVE DIRECTOR	0.50	Officer	$0	$33,959	$276,299

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	$334,677	$36	$1,590,138	$334,641
2022	$1,251,057	$557	$1,255,497	$1,250,500

ASSOCIATED BUILDERS AND CONTRACTORS PELICAN EDUCATION FOUNDATION INC