LOUISIANA INFRASTRUCTURE TECHNICAL ASSISTANCE CORPORATION (EIN 920692643) - 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

2022

Legal Domicile

Principal Officer

LESLIE DURHAM

Phone

3186807387

Tax Period

2023-01-01 to 2023-12-31

LOUISIANA INFRASTRUCTURE TECHNICAL ASSISTANCE CORPORATION, founded in 2022, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 14% surplus.

Mission

THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROVIDE TECHNICAL ASSISTANCE AND SUPPORT TO LOUISIANA'S MUNICIPAL AND PARISH GOVERNMENTS IN APPLYING FOR FEDERAL AND STATE FUNDING THROUGH GRANTS, LOANS, AND OTHER AVAILABLE SOURCES.

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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 $1,500,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,500,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,076

Fundraising Expenses $0

Program Expenses $1,212,618

Other Expenses $1,097,542

TOTAL EXPENSES $1,296,618

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,500,000	N/A	N/A
Expenses	$1,296,618	$80,069	+15.2%
Net Income	$203,382	$-80,069	-3.5%

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

Governance

Voting Members

Independent Members

Employees

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

$183,650

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK JOHNSON	CHAIRMAN	0.20	Officer Director	$0	$0	$0
EUGENE OLIVER	VICE CHAIRMAN	0.20	Officer Director	$0	$0	$0
JENNIFER VIDRINE	SECRETARY	0.20	Officer Director	$0	$0	$0
KENNY HAYMON	TREASURER	0.20	Officer Director	$0	$0	$0
GUY CORMIER	DIRECTOR	0.20	Director	$0	$0	$0
JOHN GALLAGHER	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL CHAUFFE	DIRECTOR	0.20	Director	$0	$0	$0
BOB BROTHERTON	DIRECTOR	0.20	Director	$0	$0	$0
JOHN MARCEUX	DIRECTOR	0.20	Director	$0	$0	$0
TONY GUILORY	DIRECTOR	0.20	Director	$0	$0	$0
RICK ALLEN	DIRECTOR	0.20	Director	$0	$0	$0
HARRY LEWIS	DIRECTOR	0.20	Director	$0	$0	$0
LESLIE DURHAM	EXECUTIVE DIRECTOR	40.00	Officer	$183,650	$0	$183,650

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	$1,500,000	$1,296,618	$359,885	$203,382

LOUISIANA INFRASTRUCTURE TECHNICAL ASSISTANCE CORPORATION