Civic Intelligence

Foundation for Womans

EIN 47-1970335 • 501(c)3 • Baton Rouge, LA

Profile

To raise philanthropic support to improve the health of woman and infants at woman's.

100 Womans WayBaton Rouge, LA 70817

www.womans.org/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

177%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

177%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,001,711

Up $4,470,997 (+177%) from 2023

Liabilities

Down

$0

Down $1,039,456 (-100%) from 2023

Net Assets

Up

$7,001,711

Up $5,510,453 (+370%) from 2023

Revenue

Up

$6,884,190

Up $4,396,534 (+177%) from 2023

Expenses

Down

$1,503,701

Down $1,851,721 (-55%) from 2023

Net Income

Up

$5,380,489

Up $6,248,255 (+720%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $2,156,397Liabilities 2015: $792,626Net Assets 2015: $1,363,7712015Assets 2016: $1,921,708Liabilities 2016: $825,242Net Assets 2016: $1,096,4662016Assets 2017: $2,263,793Liabilities 2017: $1,224,042Net Assets 2017: $1,039,7512017Assets 2018: $2,548,579Liabilities 2018: $1,151,104Net Assets 2018: $1,397,4752018Assets 2019: $2,610,142Liabilities 2019: $1,314,200Net Assets 2019: $1,295,9422019Assets 2020: $1,796,291Liabilities 2020: $553,502Net Assets 2020: $1,242,7892020Assets 2021: $2,123,698Liabilities 2021: $538,438Net Assets 2021: $1,585,2602021Assets 2022: $3,602,099Liabilities 2022: $1,197,698Net Assets 2022: $2,404,4012022Assets 2023: $2,530,714Liabilities 2023: $1,039,456Net Assets 2023: $1,491,2582023Assets 2024: $7,001,711Liabilities 2024: $0Net Assets 2024: $7,001,7112024

Highlighted filing

2024

Assets$7,001,711
Liabilities$0
Net Assets$7,001,711

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $2,952,497Expenses 2015: $1,588,726Net Income 2015: $1,363,7712015Revenue 2016: $1,995,986Expenses 2016: $1,980,849Net Income 2016: $15,1372016Revenue 2017: $2,199,195Expenses 2017: $2,243,665Net Income 2017: -$44,4702017Revenue 2018: $2,690,801Expenses 2018: $2,281,883Net Income 2018: $408,9182018Revenue 2019: $2,600,277Expenses 2019: $2,591,710Net Income 2019: $8,5672019Revenue 2020: $1,913,400Expenses 2020: $1,966,553Net Income 2020: -$53,1532020Revenue 2021: $2,108,749Expenses 2021: $1,929,648Net Income 2021: $179,1012021Revenue 2022: $3,546,634Expenses 2022: $2,729,734Net Income 2022: $816,9002022Revenue 2023: $2,487,656Expenses 2023: $3,355,422Net Income 2023: -$867,7662023Revenue 2024: $6,884,190Expenses 2024: $1,503,701Net Income 2024: $5,380,4892024

Highlighted filing

2024

Revenue$6,884,190
Expenses$1,503,701
Net Income$5,380,489

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 13, 2025
Return Version
2023v6.0
Gross Receipts
$7,014,806
Mission and Program Overview

Mission

To provide philanthropic support to improve the health of women and infants at woman's hospital.

To raise philanthropic support to improve the health of women and infants in louisiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,123,603$5,434,112▲ $4,310,509
Investments Program Related$1,310,150$1,467,525▲ $157,375
Pledges and Grants Receivable$79,813$100,074▲ $20,261
Prepaid Expenses and Deferred Charges$8,537--
Total Assets$2,530,714$7,001,711▲ $4,470,997
Other Assets Total$8,611$0▼ $8,611
Liabilities
Other Liabilities$1,039,456$0▼ $1,039,456
Total Liabilities$1,039,456$0▼ $1,039,456
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$5,435,555-
Net Assets Without Donor Restrictions$1,491,258$1,566,156▲ $74,898
Total Net Assets Fund Balance$1,491,258$7,001,711▲ $5,510,453
Total Liabilities and Net Assets / Fund Balance$2,530,714$7,001,711▲ $4,470,997

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,467,525--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,310,150-▲ $169,845-$1,467,525
2022$1,326,958-▼ $8,839-$1,310,150
2021$1,291,565-▲ $44,251-$1,326,958
2020$1,116,371-▲ $182,126-$1,291,565
2019$1,090,510-▲ $31,354-$1,116,371
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Rene Ragas Ex-officioPresident/CEO$711,482$343,508$1,054,990
Keila Stovall Ex-officioPresident/CPO$196,520$81,003$277,523

Board Members and Trustees

NameTitle
Catherine Cathy S GieringChair
Celton Hayden JrChair-elect
Adam FoyBoard Member
Chris CiesielskiBoard Member
Erin Monroe WesleyBoard Member
Gabriella St AmantBoard Member
Greg Gelpi MdBoard Member
John P EverettBoard Member
Kimberly Kim LewisBoard Member
Patricia Pat FelderBoard Member
Rose Marie FifeBoard Member
Ruthie GoldenBoard Member
Tom YuraSecretary
Sarah Grace BrooksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,847,488
Program Service Revenue
$0
Investment Income
$98,518
Other Revenue
$-61,816
All Other Contributions
$4,746,000
Change in Net Assets
$5,380,489

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory4$21,080Fair Market Value
Other Non Cash Contri Table500$17,500Fair Market Value
Other Non Cash Contri Table2,000$14,078Fair Market Value
Other Non Cash Contri Table63$9,825Fair Market Value
Total Noncash Contributions2,567$62,483-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$666,542
Salaries, Compensation, and Employee Benefits$530,151
Other Expenses$307,008
Total Fundraising Expense$48,344
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$666,542--$666,542
Current Officers, Directors, Trustees, and Key Employees$347,510$147,851$409$495,770
Fees for Services Management-$115,260-$115,260
Office Expenses$79,257$33,721$93$113,071
Information Technology--$35,815$35,815
Payroll Taxes$24,099$10,253$29$34,381
Fees for Service Investment Mgmnt Fees-$12,469-$12,469
Travel--$11,989$11,989
Fees for Services Other$6,927$2,947$7$9,881
Fees for Services Legal-$5,400-$5,400
Advertising$1,635$696$2$2,333
Depreciation Depletion-$790-$790
Total Functional Expenses$1,125,970$329,387$48,344$1,503,701
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
WOMAN'S HOSPITAL FOUNDATIONBaton Rouge, LA501(c)(3)To Provide Vital Programs and Services for the Most Vulnerable Women and Infants Thoughout South$666,542
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$130,616
Fundraising Gross Income$68,800
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bust Breast Cancer$628,131$55,000$49,756$5,244
Golfing Tournament$71,750$13,800$1,878$11,922
Total Events$699,881$68,800$130,616$-61,816
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dr Marshall St Amant MdHusband of Trustee Gabrielle St. AmantDR. MARSHALL ST. AMANT IS ONE OF THE FIVE HIGHEST PAID EMPLOYEES OF WOMAN'S HOSPITAL FOUNDATION, A RELATED PARTY ORGANIZATION.No$840,128
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 1A

Unless a greater proportion is required by law or these bylaws, a majority of the board of trustees shall be necessary to constitute a quorum for the transaction of business, and the acts of a majority of the trustees present at a meeting at which a quorum is present shall be the acts of the board of trustees. If a quorum is present when a meeting of the board of trustees is convened, the trustees present may continue to do business, taking action by a vote of a majority of a quorum as fixed above, until adjournment, notwithstanding the withdrawal of enough trustees who leave less than a quorum as fixed above, or the refusal of any trustee present to vote. Except as otherwise provided by law or by the articles of incorporation or these bylaws, the acts of a majority of the trustees present at a meeting at which a quorum is present shall be the acts of the board. Any member of said board of trustees absent from any meeting may be represented by any other member of said board who may cast the vote of the absent member according to written instructions, general or special, of the absent member filed with the secretary.

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

The board of trustees of this corporation is authorized to establish a category of "supporters" who may be selected to supporting membership by the board of trustees of this corporation. Supporters will have only those rights and duties as may be designated by the board of trustees of this corporation by resolution or these bylaws duly adopted, provided, that supporters will not have any of the rights or authority of a "member" as provided by the louisiana nonprofit corporation law of the state of louisiana, lsa-r.s. 12:201, et seq., unless specifically granted such rights or authority by the board of trustees.

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

The board of trustees of this corporation is authorized to establish a category of "supporters" who may be selected to supporting membership by the board of trustees of this corporation. Supporters will have only those rights and duties as may be designated by the board of trustees of this corporation by resolution or these bylaws duly adopted, provided, that supporters will not have any of the rights or authority of a "member" as provided by the louisiana nonprofit corporation law of the state of louisiana, lsa-r.s. 12:201, et seq., unless specifically granted such rights or authority by the board of trustees.

Form 990, Part VI, Section B, Line 11B

Form 990 is presented to the board of trustees at it's regularly scheduled bi-monthly meeting for review and approval prior to filing.

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

A letter and questionnaire are sent to each board member annually with a list of officers, directors, and key personnel to use for reference in reporting any potential conflicts.

Form 990, Part VI, Section B, Line 15

The principal officer of this organization is a leased employee of woman's hospital (supported organization). A market comparison and resulting recommendations for total compensation and management incentive plans are conducted by a consulting firm and approved by the compensation committee of the board of directors of woman's hospital.

Form 990, Part VI, Section C, Line 19

This information is not made available to the public.

Filing and Contact Details

Filer

Filer Name
Foundation for Womans
EIN
47-1970335
Phone
2259248103
Address
100 WOMANS WAY, BATON ROUGE, LA 70817

Signing Officer

Name
Nina Dusang
Title
Evp/CFO
Phone
2259248103
Signed
2025-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nina Dusang
Formed
2014
Legal Domicile
La
Voting Board Members
16
Independent Board Members
13
Employees
0
Volunteers
225

Preparer

Firm
Cri Advisors LLC
Address
3850 N CAUSEWAY BLVD 1400, METAIRIE, LA 70002
Preparer
Melissa Y Duhon CPA
Phone
5048379116
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed its process from prior year.

Financial Statement Notes

PART X, LINE 2:

The hospital is exempt from income taxes under section 501 of the internal revenue code and a similar provision of state law. However, the hospital is subject to federal income tax on any unrelated business taxable income. The hospital did not incur federal income tax expense for the years ended september 30, 2023 and 2022.for income tax purposes, woman's retail ventures, llc is treated as a partnership. The members of this entity are taxed individually based on their proportionate share of their taxable income. As such, no provision is made for income taxes in the accompanying consolidated financial statements. Tax positions are recognized only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax position is recorded. The hospital is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Part V, Line 4

Earnings from the fund are used to support community health initiatives.

Part X, Line 2

The hospital applies the accounting guidance related to accounting for uncertainty in income taxes, which sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. The hospital recognizes the effect of income tax positions only if the positions are more likely than not of being sustained. Recognized income tax positions are recorded at the largest amount that is greater than 50% likely of being realized. Changes in the recognition or measurement are reflected in the period in which the change in judgment occurs. The hospital has evaluated its position regarding the accounting for uncertain income tax positions and does not believe that it has any material uncertain tax positions.

Raw XML AppendixShowing 400 of 669 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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IRS990/AdvertisingGrp/FundraisingAmt02
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0696
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO RAISE PHILANTHROPIC SUPPORT TO IMPROVE THE HEALTH OF WOMEN AND INFANTS IN LOUISIANA.
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ENDOWMENT FUNDS - BRAF
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE HOSPITAL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE HOSPITAL IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE HOSPITAL DID NOT INCUR FEDERAL INCOME TAX EXPENSE FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022.FOR INCOME TAX PURPOSES, WOMAN'S RETAIL VENTURES, LLC IS TREATED AS A PARTNERSHIP. THE MEMBERS OF THIS ENTITY ARE TAXED INDIVIDUALLY BASED ON THEIR PROPORTIONATE SHARE OF THEIR TAXABLE INCOME. AS SUCH, NO PROVISION IS MADE FOR INCOME TAXES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. TAX POSITIONS ARE RECOGNIZED ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX POSITION IS RECORDED. THE HOSPITAL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EARNINGS FROM THE FUND ARE USED TO SUPPORT COMMUNITY HEALTH INITIATIVES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE HOSPITAL APPLIES THE ACCOUNTING GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH SETS OUT A CONSISTENT FRAMEWORK TO DETERMINE THE APPROPRIATE LEVEL OF TAX RESERVES TO MAINTAIN FOR UNCERTAIN TAX POSITIONS. THE HOSPITAL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE RECORDED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN THE RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE HOSPITAL HAS EVALUATED ITS POSITION REGARDING THE ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AND DOES NOT BELIEVE THAT IT HAS ANY MATERIAL UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART X, LINE 2
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLFING TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BUST BREAST CANCER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt010245

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