University of Louisiana at Lafayette Foundation

Legal name: Univ of Louisiana at Lafayette Foundation Inc

Nonprofit profile at a glance

EIN
726023836
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Lafayette, LA, US
Phone
(337) 482-0700
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$41,784,322
Expenses
$53,194,762
Assets
$320,950,014
Liabilities
$88,462,874

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

Leadership & pay

35 people listed

Executive titles in this filing

  • JOHN BLOHM (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • KARL MECHE (CHIEF FINANCIAL OFFICER): $216,486 total reported compensation
  • KRIS FOSTER (DIRECTOR OF FINANCE): $125,297 total reported compensation
  • RANDY HAYNIE (TRUSTEE): $80,000 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 foundation provides philanthropic support services to assist the university of Louisiana at lafayette in furthering its mission of achieving excellence in undergraduate and graduate education, research, and public service.

What it reported doing in 2024

Academic support: the ul lafayette foundation supports the academic programs for the university of Louisiana at lafayette by soliciting private donations, investing, and distributing expendable funds in the form of scholarships, chairs, professorships, honorariums, faculty development, capital projects and research subsidies. A portion of such distributions are Louisiana board of regents support fund (borsf) matching gift funds. The foundation provides funds for scholarships, eminent scholar and distinguished professor awards, research fellowships, salary subsidies, educational travel and professional enrichment. The foundation also provided financial support for faculty development and classroom resources.

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 87
  • Accountability: 96
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.7%; rating input score 93
  • Fundraising efficiency: $45.56 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • 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: 93.8%; rating input score 94; 27th 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: -27.3%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 6.03; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 87; 87th percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 7% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 41st percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 92.7% of spending went to programs
  • Governance: 30 of 32 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $49.3M in reported program spending
  • Leadership: top reported pay $216K · 35 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $558K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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 — Sustainability: Operating margin scored 3/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.