Easter Seals Louisiana Inc
Nonprofit profile at a glance
- EIN
- 720694376
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- New Orleans, LA, USA
- Phone
- 5045237325
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $17,143,630
- Expenses
- $17,278,194
- Assets
- $16,174,671
- Liabilities
- $1,578,108
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- TRACY GARNER (PRESIDENT/CEO)
Highest reported compensation
- TRACY GARNER (PRESIDENT/CEO): $212,467 total reported compensation
- JOSEPH OLIVERI (CFO AND COO): $138,571 total reported compensation
- ERIC ODOM (EVP OF PROGRAMS): $134,730 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To change the way the world defines and views disabilities by making profound, positive differences in people's lives every day.
What it reported doing in 2024
Housing services - provides long term permanent housing based upon the housing first model which is predicated upon the concept of providing housing and then providing services to the client to support them in maintaining long term housing. Easter seals Louisiana merged with the chartwell consortium special education assistance and development center ("chartwell"). Chartwell runs an instructional group for childen with social, communication, and sensory integration issues and maintains a special education assistance and development center for the youth in the new orleans area. Direct services - helping people with disabilities achieve maximum independence, promoting advocacy, technology assistance, employment opportunities and support for family and friends.residential (all regions) - provides a safe and comfortable environment to people with mental illness and/or substance abuse disorders with the ultimate goal being independent living.
Operating model
- Revenue model
- Other-operating. 93% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.9%; rating input score 89
- Program expense ratio: 88.2%; rating input score 88
- Fundraising efficiency: $2.08 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 3.4%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 5.2% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 16.7% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 88.9% of revenue deployed · 88.2% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $15.2M in reported program spending
- Leadership: top reported pay $212K · 16 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $238K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- High — Sustainability: Operating margin scored 27/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.