Civic Intelligence

Louisiana State Medical Society Educational and Research Foundation

990EZ • Fiscal year 2013 • EIN 23-7029259

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

6767 Perkins Road No 10070808

(225) 763-8500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

2nd percentile

-291%

Higher net margin than 2% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

28th percentile

-11%

Faster asset growth than 28% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$260,365

Down $31,343 (-11%) from 2012

Net Assets

Down

$258,770

Down $22,761 (-8.1%) from 2012

Liabilities

Down

$1,595

Down $8,582 (-84%) from 2012

Revenue

$14,191

No earlier filing loaded for comparison.

Expenses

Down

$55,493

Down $12,673 (-19%) from 2012

Net Income

-$41,302

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $353,852Liabilities 2010: $0Net Assets 2010: $353,8522010Assets 2011: $295,934Liabilities 2011: $0Net Assets 2011: $295,9342011Assets 2012: $291,708Liabilities 2012: $10,177Net Assets 2012: $281,5312012Assets 2013: $260,365Liabilities 2013: $1,595Net Assets 2013: $258,7702013Assets 2014: $276,476Liabilities 2014: $1,595Net Assets 2014: $274,8812014Assets 2015: $361,615Liabilities 2015: $825Net Assets 2015: $360,7902015Assets 2016: $353,745Liabilities 2016: $6,779Net Assets 2016: $346,9662016Assets 2017: $334,477Liabilities 2017: $12,000Net Assets 2017: $322,4772017Assets 2018: $271,320Liabilities 2018: $12,000Net Assets 2018: $259,3202018Assets 2019: $252,008Liabilities 2019: $18,260Net Assets 2019: $233,7482019Assets 2020: $211,441Liabilities 2020: $23,960Net Assets 2020: $187,4812020Assets 2021: $310,708Liabilities 2021: $17,529Net Assets 2021: $293,1792021Assets 2022: $244,808Liabilities 2022: $5,100Net Assets 2022: $239,7082022Assets 2023: $205,793Liabilities 2023: $13,243Net Assets 2023: $192,5502023Assets 2024: $186,988Liabilities 2024: $7,748Net Assets 2024: $179,2402024

Highlighted filing

2013

Assets$260,365
Liabilities$1,595
Net Assets$258,770

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2010: $57,4972010Expenses 2011: $53,0422011Expenses 2012: $68,1662012Revenue 2013: $14,191Expenses 2013: $55,493Net Income 2013: -$41,3022013Revenue 2014: $40,473Expenses 2014: $15,309Net Income 2014: $25,1642014Revenue 2015: $115,533Expenses 2015: $18,838Net Income 2015: $96,6952015Revenue 2016: $92,752Expenses 2016: $115,243Net Income 2016: -$22,4912016Revenue 2017: $90,257Expenses 2017: $126,660Net Income 2017: -$36,4032017Revenue 2018: $31,389Expenses 2018: $74,412Net Income 2018: -$43,0232018Revenue 2019: $76,591Expenses 2019: $125,050Net Income 2019: -$48,4592019Revenue 2020: $23,819Expenses 2020: $64,349Net Income 2020: -$40,5302020Revenue 2021: $153,657Expenses 2021: $59,959Net Income 2021: $93,6982021Revenue 2022: $2,262Expenses 2022: $55,733Net Income 2022: -$53,4712022Revenue 2023: $7,273Expenses 2023: $59,632Net Income 2023: -$52,3592023Revenue 2024: $12,454Expenses 2024: $30,033Net Income 2024: -$17,5792024

Highlighted filing

2013

Revenue$14,191
Expenses$55,493
Net Income-$41,302
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v3.0
Gross Receipts
$156,207
Mission and Program Overview

Mission

The primary purpose of the foundation is to engage in and carry out scientific research in the fields of medical science, medical economics, public health, sociology, and related areas for the benefit of the interested public, medical schools and the medical community in the State of Louisiana. The foundation also supports medical and para-medical education and the professional schools and universities through grants and scholarships for the purpose of developing the capabilities to study, teach and practice medicine in an effort to serve the public's health needs.

The primary purpose of the Foundation is to engage in and carry out scientific research in the fields of medical science, medical economics, public health, sociology and related areas for the benefit of the interested public, medical schools and the medical community in the State of Louisiana. The Foundation also supports medical and para-medical education and the professional schools and universities through grants and scholorships for the purpose of developing the capabilities to study, teach and practice medicine all in an effort to serve the public's health needs.

Program Services

DescriptionGrantsExpenses
Provide financial assistance and educational resources to students in pursuit of their medical education and degrees.$24,841$24,841
Research - Exploring the Role of Inhibitors in EMR non adoption$12,500$17,500
Administration of programs$0$10,624
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony P Blalock MDPresident-$0--
Dolleen Licciardi MDVice President-$0--
Roberto Quintal MDDirector-$0--
Keith DeSonier MDDirector-$0--
Gregory N Sossaman MDDirector-$0--
Richard J Paddock MDSecretary/Treasurer-$0--
Vincent A Culotta Jr MDDirector-$0--
Harold Ishler MDDirector-$0--
Juan Gershanik MDDirector-$0--
Mark Hebert MDDirector-$0--
Frederick White III MDDirector-$0--
Vincent R Forte MDDirector-$0--
Filing and Contact Details

Filer

EIN
23-7029259
Phone
2257638500

Signing Officer

Name
Jeff Williams
Title
Executive Vice President and CEO
Phone
2257638500
Signed
2014-05-13
Discuss with paid preparer
Yes

Preparer

Preparer
Michael A Tham
Phone
2259251120
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Dividend from investment. Amount: 3,515.

Form 990-EZ, Part I, Line 10 - Payments to Affiliates

Affiliate Name: Louisiana State Medical Society. Affiliate Address: 6767 Perkins Road Baton Rouge, LA 70808. Purpose of Payment: Administrative services. Amount of Payment: 12,000.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Physicians' Foundation for Health Systems Excellence. Grantee Name: LSU Office of Social Service Research and Grantee Name: LSU Office of Social Service Research and. Grantee Address: Office of Social Service Research and Development Baton Rouge, LA 70803. Amount Given: 7,640.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Scholarships. Grantee Name: LSU Shreveport. Grantee Address: Louisiana State University Shreveport, LA 71130. Amount Given: 4,113.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Student Stipends. Grantee Name: Various Louisiana medical students. Property Description: Cash. Amount Given: 4,860.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Scholarships. Grantee Name: Tulane School of Medicine. Grantee Address: 1430 Tilane Ave New Orleans, LA 70112. Amount Given: 4,113.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Grant. Grantee Name: Dr. Coleen Schwartz - Grant for EMR study. Amount Given: 12,500.

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

Activity Classification: Scholarships. Grantee Name: LSU New Orleans. Amount Given: 4,113. Total included on Form 990-EZ, line 10: 37,339.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Bank and investment fees. Amount: 2,691. Description: Science fair awards. Amount: 500. Description: AMA expense. Amount: 10. Description: Administrative services. Amount: 889. Total to Form 990-EZ, line 16: 4,090.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: Unrealized loses on investment securities. Amount: 18,541.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: INVESTMENTS-PHJ RESTRICTED. Beg. of Year Amount: 85,473. End of Year Amount: 85,473. Description: InVESTMENTS-PHJ UNRESTRICTED. Beg. of Year Amount: 46,661. End of Year Amount: 58,138. Description: Investments - ERF. Beg. of Year Amount: 142,617. End of Year Amount: 107,564. Description: Accounts receivable. Beg. of Year Amount: 0. End of Year Amount: 1,595.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 249. End of Year Amount: 1,595. Description: DUE TO LSMS. Beg. of Year Amount: 9,928. End of Year Amount: 0.

Raw XML Appendix219 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Anthony P Blalock MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Dolleen Licciardi MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Roberto Quintal MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Keith DeSonier MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Gregory N Sossaman MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Richard J Paddock MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Vincent A Culotta Jr MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Harold Ishler MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Juan Gershanik MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Mark Hebert MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Frederick White III MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Vincent R Forte MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
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IRS990EZ/PrimaryExemptPurposeTxt0The primary purpose of the Foundation is to engage in and carry out scientific research in the fields of medical science, medical economics, public health, sociology and related areas for the benefit of the interested public, medical schools and the medical community in the State of Louisiana. The Foundation also supports medical and para-medical education and the professional schools and universities through grants and scholorships for the purpose of developing the capabilities to study, teach and practice medicine all in an effort to serve the public's health needs.
IRS990EZ/PrintingPublicationsPostageAmt064
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide financial assistance and educational resources to students in pursuit of their medical education and degrees.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Administration of programs
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Research - Exploring the Role of Inhibitors in EMR non adoption
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Dividend from investment. Amount: 3,515.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Affiliate Name: Louisiana State Medical Society. Affiliate Address: 6767 Perkins Road Baton Rouge, LA 70808. Purpose of Payment: Administrative services. Amount of Payment: 12,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity Classification: Physicians' Foundation for Health Systems Excellence. Grantee Name: LSU Office of Social Service Research and Grantee Name: LSU Office of Social Service Research and. Grantee Address: Office of Social Service Research and Development Baton Rouge, LA 70803. Amount Given: 7,640.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Activity Classification: Scholarships. Grantee Name: LSU Shreveport. Grantee Address: Louisiana State University Shreveport, LA 71130. Amount Given: 4,113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Activity Classification: Student Stipends. Grantee Name: Various Louisiana medical students. Property Description: Cash. Amount Given: 4,860.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Activity Classification: Scholarships. Grantee Name: Tulane School of Medicine. Grantee Address: 1430 Tilane Ave New Orleans, LA 70112. Amount Given: 4,113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Activity Classification: Grant. Grantee Name: Dr. Coleen Schwartz - Grant for EMR study. Amount Given: 12,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Activity Classification: Scholarships. Grantee Name: LSU New Orleans. Amount Given: 4,113. Total included on Form 990-EZ, line 10: 37,339.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description: Bank and investment fees. Amount: 2,691. Description: Science fair awards. Amount: 500. Description: AMA expense. Amount: 10. Description: Administrative services. Amount: 889. Total to Form 990-EZ, line 16: 4,090.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Description: Unrealized loses on investment securities. Amount: 18,541.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Description: INVESTMENTS-PHJ RESTRICTED. Beg. of Year Amount: 85,473. End of Year Amount: 85,473. Description: InVESTMENTS-PHJ UNRESTRICTED. Beg. of Year Amount: 46,661. End of Year Amount: 58,138. Description: Investments - ERF. Beg. of Year Amount: 142,617. End of Year Amount: 107,564. Description: Accounts receivable. Beg. of Year Amount: 0. End of Year Amount: 1,595.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 249. End of Year Amount: 1,595. Description: DUE TO LSMS. Beg. of Year Amount: 9,928. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Payments to Affiliates
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeff Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Vice President and CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02257638500
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine10LOUISIANA STATE MEDICAL SOCIETY
ReturnHeader/Filer/BusinessName/BusinessNameLine20EDUCATIONAL AND RESEARCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOUI
ReturnHeader/Filer/EIN0237029259
ReturnHeader/Filer/PhoneNum02257638500
ReturnHeader/Filer/USAddress/AddressLine106767 Perkins Road No 100
ReturnHeader/Filer/USAddress/City0Baton Rouge
ReturnHeader/Filer/USAddress/State0LA
ReturnHeader/Filer/USAddress/ZIPCode070808
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720454386
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10L A CHAMPAGNE & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine104911 Bennington Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Baton Rouge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0708083153
ReturnHeader/PreparerPersonGrp/PhoneNum02259251120
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael A Tham
ReturnHeader/ReturnTs02014-05-14T13:30:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.08$1.79$0.12$0.30$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.13$1.93$0.07$0.60$0.52
2022Detailed filing. Detailed filing data is available for this year.$2.45$0.05$2.40$0.02$0.56$0.53
2021Detailed filing. Detailed filing data is available for this year.$3.11$0.18$2.93$1.54$0.60$0.94
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.24$1.87$0.24$0.64$0.41
2019Detailed filing. Detailed filing data is available for this year.$2.52$0.18$2.34$0.77$1.25$0.48
2018Detailed filing. Detailed filing data is available for this year.$2.71$0.12$2.59$0.31$0.74$0.43
2017Detailed filing. Detailed filing data is available for this year.$3.34$0.12$3.22$0.90$1.27$0.36
2016Detailed filing. Detailed filing data is available for this year.$3.54$0.07$3.47$0.93$1.15$0.22
2015Detailed filing. Detailed filing data is available for this year.$3.62$0.01$3.61$1.16$0.19$0.97
2014Detailed filing. Detailed filing data is available for this year.$2.76$0.02$2.75$0.40$0.15$0.25
2013Detailed filing. Detailed filing data is available for this year.$2.60$0.02$2.59$0.14$0.55$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.10$2.82$0.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.00$2.96$0.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$0.00$3.54$0.57