Louisiana Council of Farmer Coop

Nonprofit profile at a glance

EIN
720975226
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Port Allen, LA, USA
Phone
2257493522
Rating
54
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$19,085
Expenses
$9,482
Assets
$193,813
Liabilities
$950

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • CHANON MARTIN (VICE PRESIDENT)
  • CLAY HEBERT (PRESIDENT)

People named in this filing

  • RUSTY JENKINS (DIRECTOR)
  • CHANON MARTIN (VICE PRESIDENT)
  • LENNY WAGUESPACK (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Cooperative education

What it reported doing in 2024

Youth conference-education program for high school youth

Operating model

Revenue model
Investment-supported. 80% of the money available for current operations came from recurring investment income.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 29
  • Transparency & Controls: 82
  • Sustainability: 81
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.2%; rating input score 23
  • Program expense ratio: 39.1%; rating input score 39

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 50.3%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 20.44; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 27.8% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: -1.9% per year; rating input score 0; 44th percentile among comparable filings
  • Asset growth: 12% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 23.2% of revenue deployed · 39.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 23/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.