HACHE GRANT ASSOCIATION INC

EIN: 862322428 501(c)(3) Arts, Culture & Humanities

HOUMA, LA

Total Revenue
$122,684
Total Expenses
$68,433
Total Assets
$68,302
Net Assets
$68,302
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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
2021
Legal Domicile
LA
Tax Period
2023-01-01 to 2023-12-31

HACHE GRANT ASSOCIATION INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $123K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $54K, a strong 44% operating margin.

Mission

FACILITATE SPECIFIC, ACTIONABLE, AND MEASURABLE REVITALIZATION INITIATIVES TO ENHANCE THE QUALITY OF LIFE IN TERREBONNE PARISH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $122,684
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $122,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $50,232
Program Expenses $10,133
Other Expenses $68,433
TOTAL EXPENSES $68,433

Year-over-Year Comparison

2023 2022 Change
Revenue $122,684 $147,346 -0.2%
Expenses $68,433 $254,012 -0.7%
Net Income $54,251 $-106,666 -1.5%
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
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATALIE LIRETTE SECRETAY 0.00
Officer
$0 $0 $0
JASON BERGERON TREASURER 0.00
Officer
$0 $0 $0
NOAH LIRETTE PRESIDENT 0.00
Officer
$0 $0 $0
RYAN PAGE 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
2024 No data No data No data No data
2023 $122,684 $68,433 $68,302 $54,251
2022 $147,346 $254,012 $14,051 $-106,666
2021 $274,171 $153,454 $120,717 $120,717
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