Louisiana National Guard Foundation

Nonprofit profile at a glance

EIN
814410016
IRS 990 coverage
2017–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024, Form 990-N 2016
Location
New Orleans, LA, US
Phone
504-278-8776
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Military, Veterans' Organizations

Official website

Reported finances

Revenue
$7,271,935
Expenses
$7,370,314
Assets
$18,861,783
Liabilities
$5,087,013

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

Leadership & pay

10 people listed

Executive titles in this filing

  • MICHAEL NICLOSI (EXECUTIVE DIRECTOR)
  • TODD LANDRY (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • MICHAEL NICLOSI (EXECUTIVE DIRECTOR): $125,104 total reported compensation
  • TODD LANDRY (CHIEF EXECUTIVE OFFICER): $51,681 total reported compensation

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

Overview

Mission

The mission of the Louisiana National Guard Foundation (LANG) Foundation is to exclusively support the educational programs and museums of the Louisiana National Guard. The Foundation assists the military, veterans, and their families through various financial initiatives and grants while also working to uphold the Louisiana National Guard’s mission.

What it reported doing in 2024

Cooperative endeavor agreements - the military department, state of Louisiana.rail car storage - east camden: lease rail track to east camden and highland railroad to generate funds for the Louisiana military department, specifically camp minden and their operational needs.lease revenue - camp minden: lease old buildings for the benefit of camp minden to provide additional funds to lang.lease revenue-camp villere range program: national and local law enforcement agencies rent the ranges for training. This provides funding for camp villere and jackson barracks projects.lease revenue-cell tower leases: allows telecommunication companies to lease space at locations throughout the state. Provides additional grant funds for lang projects.lease revenue-upper Iowa university: allows upper Iowa university to lease space at jackson barracks. Provides additional grant funds for lang projects.lease revenue-eagle federal credit union: allows eagle federal credit union to lease space at jackson barracks. Provides additional grant funds for lang projects.lease revenue-ups midstream services: allows ups midstream services to lease space at jena armory. Provides additional grant funds for lang projects.lease revenue - movie and tv filming. Provides additional funds for lang projects.lease revenue-lmi housing project: consists of 25 new single-family homes to support training and readiness for the Louisiana national guard as a first responder.

Operating model

Revenue model
Grant-funded. 72% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • Program expense ratio: 85.5%; rating input score 86
  • Fundraising efficiency: $101.15 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.4%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 2.56; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

  • Program expense growth: 28.7% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 24.1% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 26.1% per year; rating input score 100; 90th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 87.3% of revenue deployed · 85.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $6.3M in reported program spending
  • Leadership: top reported pay $125K · 10 people listed
  • Highest-paid contractors: 3 contractors listed · $425K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 28/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.