Civic Intelligence

Lafayette General Foundation Inc.

990 • Fiscal year 2015 • EIN 37-1766778

Oct 01, 2014 to Sep 30, 2015 • Filed on May 12, 2016

1214 Coolidge StreetLafayette, LA 70503

(337) 289-8954

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.38x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.32x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

93rd percentile

53%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

100th percentile

$1,416,390

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 90.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$1,327,822

No earlier filing loaded for comparison.

Net Assets

$823,822

No earlier filing loaded for comparison.

Liabilities

$504,000

No earlier filing loaded for comparison.

Revenue

$1,573,494

No earlier filing loaded for comparison.

Expenses

$736,439

No earlier filing loaded for comparison.

Net Income

$837,055

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.

$30M$20M$10M$0Assets 2015: $1,327,822Liabilities 2015: $504,000Net Assets 2015: $823,8222015Assets 2016: $3,346,189Liabilities 2016: $128,519Net Assets 2016: $3,217,6702016Assets 2017: $5,628,694Liabilities 2017: $48,879Net Assets 2017: $5,579,8152017Assets 2018: $7,105,127Liabilities 2018: $60,240Net Assets 2018: $7,044,8872018Assets 2019: $8,195,116Liabilities 2019: $886,384Net Assets 2019: $7,308,7322019Assets 2020: $7,698,299Liabilities 2020: $1,618,771Net Assets 2020: $6,079,5282020Assets 2021: $15,401,276Liabilities 2021: $4,070,750Net Assets 2021: $11,330,5262021Assets 2022: $16,378,629Liabilities 2022: $5,498,143Net Assets 2022: $10,880,4862022Assets 2023: $17,587,900Liabilities 2023: $6,204,831Net Assets 2023: $11,383,0692023Assets 2024: $21,298,924Liabilities 2024: $6,766,299Net Assets 2024: $14,532,6252024

Highlighted filing

2015

Assets$1,327,822
Liabilities$504,000
Net Assets$823,822

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $1,573,494Expenses 2015: $736,439Net Income 2015: $837,0552015Revenue 2016: $2,743,168Expenses 2016: $711,804Net Income 2016: $2,031,3642016Revenue 2017: $2,651,581Expenses 2017: $880,296Net Income 2017: $1,771,2852017Revenue 2018: $1,702,444Expenses 2018: $1,209,801Net Income 2018: $492,6432018Revenue 2019: $1,685,054Expenses 2019: $1,284,467Net Income 2019: $400,5872019Revenue 2020: $198,563Expenses 2020: $355,225Net Income 2020: -$156,6622020Revenue 2021: $4,645,711Expenses 2021: $1,112,112Net Income 2021: $3,533,5992021Revenue 2022: $993,714Expenses 2022: $1,041,784Net Income 2022: -$48,0702022Revenue 2023: $1,648,940Expenses 2023: $1,518,128Net Income 2023: $130,8122023Revenue 2024: $860,798Expenses 2024: $832,528Net Income 2024: $28,2702024

Highlighted filing

2015

Revenue$1,573,494
Expenses$736,439
Net Income$837,055
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 12, 2016
Return Version
2014v6.0
Gross Receipts
$1,760,762
Mission and Program Overview

Mission

The lafayette general foundation was created to support lafayette general health (lgh), acadiana's only community-owned, nonprofit health system. We exist to help fulfill lgh's mission, to restore, maintain and improve health. Our role is to find and connect the pieces, people and processes with our resources, our supporters and our heads and hearts. With the generosity of our supporters and donors, and by eagerly listening to our staff, patients and our community, we help provide innovations that transform how care is delivered. We fundraise, boost projects and aim to improve outcomes satisfaction and create a healthier future for all.

The lafayette general foundation was created to support lafayette general health (lgh), acadiana's only community-owned, nonprofit health system. We exist to help fulfill lgh's mission, to restore, maintain and improve health. Our role is to find and connect the pieces, people and processes with our resources, our supporters and our heads and hearts. With the generosity of our supporters and donors, and by eagerly listening to our staff, patients and our community, we help provide innovations that transform how care is delivered. We fundraise, boost projects and aim to improve outcomes, satisfaction and create a healthier future for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,027,414-
Savings and Temporary Cash Investments-$298,082-
Total Assets$0$1,327,822▲ $1,327,822
Other Assets Total$0$2,326▲ $2,326
Liabilities
Other Liabilities$0$454,236▲ $454,236
Accounts Payable and Accrued Expenses-$49,764-
Total Liabilities$0$504,000▲ $504,000
Net Assets / Fund Balance
Unrestricted Net Assets-$558,463-
Temporarily Rstr Net Assets-$265,359-
Total Net Assets Fund Balance$0$823,822▲ $823,822
Total Liabilities and Net Assets / Fund Balance$0$1,327,822▲ $1,327,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Geoff DialyExecutive Director - Ex Officio - Part YearFT$112,397$112,397
Cian RobinsonExecutive Director - Ex Officio - Part YearFT$38,792$38,792

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,758,396
Program Service Revenue
$0
Investment Income
$2,075
Other Revenue
$-186,977
All Other Contributions
$242,986
Change in Net Assets
$837,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$329,179
Other Expenses$217,356
Salaries, Compensation, and Employee Benefits$189,904
Total Fundraising Expense$101,814
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$329,179--$329,179
Other Salaries and Wages$86,071$43,036$43,035$172,142
Fees for Services Management$50,103$25,051$25,052$100,206
Advertising$25,330$12,665$12,665$50,660
Fees for Services Other$13,699$6,849$6,849$27,397
Office Expenses$11,352$5,676$5,675$22,703
Payroll Taxes$5,893$2,947$2,946$11,786
Other Employee Benefits$1,840$919$920$3,679
Pension Plan Contributions$1,149$574$574$2,297
Travel$1,085$542$542$2,169
Conferences and Meetings$169$84$85$338
Occupancy$84$42$42$168
Other Expenses$25$12$13$50
Interest$25$12$12$49
Total Functional Expenses$532,812$101,813$101,814$736,439
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lafayette General Health System IncLafayette, LA501(c)(3)Donation -la Place De Vie Area, Telemedicine, Cooling Blankets$50,000
Lafayette General Medical Center IncLafayette, LA501(c)(3)Donation$45,177
Community Foundation of AcadianaLafayette, LA501(c)(3)Donation$10,000
Lafayette Youth Soccer AssocationLafayette, LA501(c)(3)Donation$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$186,977
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Agh Gala$133,745-$39,793-
Lgf Gala$115,600-$12,572-
Total Events$436,409-$186,977$-186,977
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mary B JuneauMary B. Juneau Is the Daughter of Board Chair, Madlyn HilliardMary B. Juneau Is a Paid on a Contract Basis by the FoundationNo$33,839
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Entity$454,236
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is a non-stock not-for-profit corporation with one class of membership.

Form 990, Part VI, Section A, Line 7A

The members ratify the selection of the individuals that serve on the board of trustees (governing body) after those individuals have been selected as a trustee by the board of trustees.

Form 990, Part VI, Section A, Line 7B

Yes, the individuals of the trustees (governing body) and the members must be approved by the membership body.

Form 990, Part VI, Section B, Line 11

The form 990 is reviewed by the organization's accounting staff and a cpa firm. The completed forms are reviewed by the officers and then presented to the board for review, comment and corrections if needed before filing with the irs.

Form 990, Part VI, Section B, Line 12C

An annual survey is sent to the board members and officers requiring them to disclose conflicts of interest. After receipt of these surveys, the governance committee and its chairperson review all conflicts and report on same to the governance committee. Thereafter the chairperson of the governance commitiee and the organization's general council insures that all conflicts are timely disclosed and appropriate recusals are made on business matters that maybe related to the conflict.

Form 990, Part VI, Section B, Line 15

An independent external consultant firm, sullivan cotter and associates, is engaged by the compensation committee of the board of trustees, which is comprised of disinterested directors, to prepare compensation survey and fair market value report. The compensation committee annually reviews the market comparables and makes adjustment to the president's compensation thereafter.

Form 990, Part VI, Section C, Line 19

Basic financial information is made available and sent out to the community by means of the organization's annual report. Other documents and more detailed financial information are available to the public upon request within the parameters of regulatory / legal authorities.

Filing and Contact Details

Filer

Filer Name
Lafayette General Foundation Inc
EIN
37-1766778
Phone
3372898954
Address
1214 COOLIDGE STREET, LAFAYETTE, LA 70503

Signing Officer

Name
Cian C Robinson
Title
Executive Director
Phone
3372898954
Signed
2016-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cian C Robinson
Formed
2014
Legal Domicile
La
Voting Board Members
7
Independent Board Members
5
Employees
2
Volunteers
0

Preparer

Firm
Horne Llp
Address
1020 HIGHLAND COLONY PKWY STE 400, RIDGELAND, MS 39157
Preparer
Amie T Whittington CPA
Phone
6013261000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -1.

Form 990, Part XII, Line 2C

This is an initial return. The process for oversight and selection of independent accountant is the same as for the sole member, lafayette general health systems, and their process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertain tax positions in accordance with financial accounting standards board (fasb) asc 740. Fasb asc 740 prescribes a recognition threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The interpretation also provides guidance on recognition, de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The organization's various federal income tax and exempt organization income tax returns (irs forms 1065, 1120, and 990), whether filed on a calendar or fiscal year basis, are subject to examination by the irs. The income tax returns are subject to examination by the taxing authorities, generally for three years after they are filed.

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IRS990/Desc0EXPENDITURES TO SUPPORT THE FOUNDATION'S MISSION. THE LAFAYETTE GENERAL FOUNDATION WAS CREATED TO SUPPORT LAFAYETTE GENERAL HEALTH (LGH), ACADIANA'S ONLY COMMUNITY-OWNED, NONPROFIT HEALTH SYSTEM. WE EXIST TO HELP FULFILL LGH'S MISSION, TO RESTORE, MAINTAIN AND IMPROVE HEALTH. OUR ROLE IS TO FIND AND CONNECT THE PIECES, PEOPLE AND PROCESSES WITH OUR RESOURCES, OUR SUPPORTERS AND OUR HEADS AND HEARTS. WITH THE GENEROSITY OF OUR SUPPORTERS AND DONORS, AND BY EAGERLY LISTENING TO OUR STAFF, PATIENTS AND OUR COMMUNITY, WE HELP PROVIDE INNOVATIONS THAT TRANSFORM HOW CARE IS DELIVERED. WE FUNDRAISE, BOOST PROJECTS AND AIM TO IMPROVE OUTCOMES SATISFACTION AND CREATE A HEALTHIER FUTURE FOR ALL.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR - EX OFFICIO - PART YEAR
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IRS990/MissionDesc0THE LAFAYETTE GENERAL FOUNDATION WAS CREATED TO SUPPORT LAFAYETTE GENERAL HEALTH (LGH), ACADIANA'S ONLY COMMUNITY-OWNED, NONPROFIT HEALTH SYSTEM. WE EXIST TO HELP FULFILL LGH'S MISSION, TO RESTORE, MAINTAIN AND IMPROVE HEALTH. OUR ROLE IS TO FIND AND CONNECT THE PIECES, PEOPLE AND PROCESSES WITH OUR RESOURCES, OUR SUPPORTERS AND OUR HEADS AND HEARTS. WITH THE GENEROSITY OF OUR SUPPORTERS AND DONORS, AND BY EAGERLY LISTENING TO OUR STAFF, PATIENTS AND OUR COMMUNITY, WE HELP PROVIDE INNOVATIONS THAT TRANSFORM HOW CARE IS DELIVERED. WE FUNDRAISE, BOOST PROJECTS AND AIM TO IMPROVE OUTCOMES SATISFACTION AND CREATE A HEALTHIER FUTURE FOR ALL.
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IRS990/PrincipalOfficerNm0CIAN C ROBINSON
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ST. MARTIN PARISH SCHOOL BOARD LAUNCHED ITS FIRST TELEMEDICINE CLINIC, CALLED "TELEHEALTH FOR TOTS," TO PROVIDE EASIER MEDICAL ACCESS FOR STUDENTS AT RURAL LOCATIONS. A RIBBON-CUTTING CEREMONY WAS HELD DECEMBER 4 AT THE SCHOOL-BASED CLINIC AT ST. MARTINVILLE ELEMENTARY SCHOOL. THE FIRST SCHOOL SERVED BY TELEMEDICINE IS STEPHENSVILLE ELEMENTARY SCHOOL IN LOWER ST. MARTIN PARISH. BY PARTNERING WITH LAFAYETTE GENERAL HEALTH, TELEMEDICINE PROVIDES STUDENTS ACCESS TO MEDICAL CARE WITHOUT HAVING TO LEAVE SCHOOL, ELIMINATING THE NEED FOR PHYSICAL TRANSPORT. STUDENTS RECEIVE A MEDICAL ASSESSMENT AND EVALUATION THROUGH AN AUDIO AND VISUAL LINK WITH THE CLINIC AT ST. MARTINVILLE ELEMENTARY.IN ADDITION TO THE ST. MARTIN PARISH SCHOOL BOARD PROJECT, THE PROJECT WITHIN THE LAFAYETTE PARISH SCHOOL SYSTEM WAS CONTINUED AND EXTENDED. ALONG WITH OSSUN ELEMENTARY SCHOOL RECEIVING TELEMEDICINE SERVICES, THE REMAINING PORTION OF THE CARENCRO DISTRICT HAS BEEN COVERED INCLUDING LIVE OAKS ELEMENTARY, CARENCRO HEIGHTS ELEMENTARY, AND CARENCRO HIGH SCHOOL. THIS EXTENSION NOW ALLOWS US TO COVER STUDENTS IN GRADES K-12.
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IRS990/ProgSrvcAccomActy3Grp/Desc0LOCATED JUST OFF THE MAIN ENTRANCE OF LAFAYETTE GENERAL MEDICAL CENTER, LA PLACE DE VIE PROVIDES AN OUTDOOR SPACE FOR PATIENTS, FAMILIES, AND EMPLOYEES TO FIND FRESH AIR AND HOPE FOR HEALING. IT IS A PEACEFUL PLACE TO HOST FLAG-RAISING CEREMONIES THAT HONOR THE CONTRIBUTIONS OF ORGAN DONORS AND THEIR FAMILIES. THE MONEY RAISED FROM LA PLACE DE VIE FURTHERS THE MISSION OF LAFAYETTE GENERAL HEALTH, ACADIANA'S ONLY COMMUNITY-OWNED HEALTH SYSTEM AND LARGEST NON-PROFIT, TO RESTORE, MAINTAIN, AND IMPROVE HEALTH. THESE FUNDS ENABLE US TO INVEST IN NEW INNOVATIONS THAT ENHANCE OUR ABILITY TO DELIVER THE BEST CARE POSSIBLE TO YOU, YOUR FAMILY, AND YOUR COMMUNITY. LA PLACE DE VIE IS AN OPPORTUNITY TO HONOR THE MEMORY OF YOUR EXPERIENCE WITH US WHILE INVESTING WITH YOUR COMMUNITY IN BUILDING A HEALTHIER FUTURE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ACADIANA AFFILIATE OF SUSAN G. KOMEN HAS AWARDED A GRANT TO LAFAYETTE GENERAL HEALTH AND LAFAYETTE GENERAL FOUNDATION FOR BREAST CANCER EDUCATION AND SCREENING THROUGH ST. MARTIN HOSPITAL FOR RURAL RESIDENTS. AT ST. MARTIN HOSPITAL, THE GRANT FROM KOMEN ACADIANA WILL PROVIDE FREE SCREENING MAMMOGRAPHY TO RESIDENTS IN OUR COMMUNITY. THIS IS AN EFFORT TO INCREASE PREVENTIVE MEASURES AND DIAGNOSE BREAST CANCER AT AN EARLIER STAGE IN ORDER TO INCREASE THE CHANCE OF SURVIVORSHIP. THE PROGRAM WILL INVOLVE OUTREACH EDUCATION TO THE PUBLIC TO STRESS THE IMPORTANCE OF ANNUAL MAMMOGRAMS AND EDUCATION TO LOCAL PHYSICIANS URGING THEM TO DISCUSS BREAST CANCER RISK FACTORS, AS WELL THE AVAILABILITY OF FREE SCREENING MAMMOGRAMS FOR ELIGIBLE PERSONS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1DONATIONS TO VARIOUS LOCAL CHARITIES THAT SERVE THE SAME GEOGRAPHIC AREA AS THE ENTITIES OF LAFAYETTE GENERAL HEALTH SYSTEM
IRS990/ProgSrvcAccomActyOtherGrp/Desc2HYPOXIC-ISCHEMIC INJURY REMAINS AN IMPORTANT CAUSE OF PERINATALLY ACQUIRED BRAIN INJURY IN FULL-TERM INFANTS. THE BEST PREDICTOR OF MORTALITY AND LONG-TERM OUTCOME FOLLOWING PERINATAL INJURY IS THE PRESENCE OF NEONATAL ENCEPHALOPATHY. IF MODERATE ENCEPHALOPATHY IS PRESENT, THE RISK OF DEATH IS LESS THAN 10% AND AS MANY AS ONE-THIRD OF THE SURVIVORS HAVE PHYSICAL DISABILITIES. WITH SEVERE ENCEPHALOPATHY, MORTALITY IS HIGHER (AS MUCH AS 60%) AND MANY, IF NOT ALL, SURVIVORS ARE HANDICAPPED. THE BENEFIT OF INDUCED HYPOTHERMIA IN POST-ASPHYXIA ENCEPHALOPATHY HAS BEEN PROVEN IN HIGH-QUALITY RANDOMIZED CONTROLLED TRIALS TO BE SAFE. IN ADDITION, IT REDUCES THE INCIDENCE OF DEATH AND DISABILITY AT 18-22 MONTHS OF AGE. AS SUCH, THE LAFAYETTE GENERAL FOUNDATION, WORKING WITH THE LAFAYETTE GENERAL MEDICAL CENTER'S NEONATAL INTENSIVE CARE UNIT ( LGMC NICU), PURCHASED A TOTAL BODY COOLING SYSTEM FOR USE WITH INFANTS WHO PRESENT WITH HYPOXIA. THE SYSTEM, WHICH IS USED IN CONJUNCTION WITH A NEONATAL NEUROLOGIC CONSULT PRIOR TO APPLICATION, GIVES LGMC'S NICU THE SOLE ABILITY TO PROVIDE THIS TREATMENT WITHIN THE LAFAYETTE GENERAL HEALTH SYSTEM MARKETPLACE.
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