Civic Intelligence

Teche Action Board Inc.

990 • Fiscal year 2018 • EIN 72-6073441

Jun 01, 2017 to May 31, 2018 • Filed on Apr 10, 2019

1115 Weber StreetFranklin, LA 70538

(337) 828-2550

Siviq Scores

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

Liabilities / Assets

49th percentile

0.20x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.23x

Higher debt load relative to revenue than 50% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

63rd percentile

7.4%

Higher net margin than 63% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$380,931

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

73rd percentile

9.3%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$22,880,998

Up $1,939,901 (+9.3%) from 2017

Net Assets

Up

$18,269,618

Up $2,725,832 (+18%) from 2017

Liabilities

Down

$4,611,380

Down $785,931 (-15%) from 2017

Revenue

Up

$19,894,424

Up $2,641,346 (+15%) from 2017

Expenses

Up

$18,423,550

Up $1,414,329 (+8.3%) from 2017

Net Income

Up

$1,470,874

Up $1,227,017 (+503%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $8,637,305Liabilities 2011: $2,488,076Net Assets 2011: $6,149,2292011Assets 2012: $10,517,371Liabilities 2012: $3,396,561Net Assets 2012: $7,120,8102012Assets 2013: $17,084,278Liabilities 2013: $2,990,097Net Assets 2013: $14,094,1812013Assets 2015: $18,313,496Liabilities 2015: $4,392,941Net Assets 2015: $13,920,5552015Assets 2016: $20,334,400Liabilities 2016: $4,924,592Net Assets 2016: $15,409,8082016Assets 2017: $20,941,097Liabilities 2017: $5,397,311Net Assets 2017: $15,543,7862017Assets 2018: $22,880,998Liabilities 2018: $4,611,380Net Assets 2018: $18,269,6182018Assets 2019: $23,186,237Liabilities 2019: $4,071,212Net Assets 2019: $19,115,0252019Assets 2020: $25,499,081Liabilities 2020: $6,881,877Net Assets 2020: $18,617,2042020Assets 2021: $25,752,698Liabilities 2021: $6,448,191Net Assets 2021: $19,304,5072021Assets 2022: $27,039,316Liabilities 2022: $4,689,508Net Assets 2022: $22,349,8082022Assets 2023: $25,905,072Liabilities 2023: $4,961,240Net Assets 2023: $20,943,8322023Assets 2024: $26,914,443Liabilities 2024: $5,609,733Net Assets 2024: $21,304,7102024Assets 2025: $30,000,185Liabilities 2025: $5,704,858Net Assets 2025: $24,295,3272025

Highlighted filing

2018

Assets$22,880,998
Liabilities$4,611,380
Net Assets$18,269,618

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $11,205,080Expenses 2011: $10,368,869Net Income 2011: $836,2112011Revenue 2012: $11,979,328Expenses 2012: $11,003,703Net Income 2012: $975,6252012Revenue 2013: $17,980,837Expenses 2013: $11,064,837Net Income 2013: $6,916,0002013Revenue 2015: $13,564,997Expenses 2015: $13,056,987Net Income 2015: $508,0102015Revenue 2016: $16,429,621Expenses 2016: $14,902,540Net Income 2016: $1,527,0812016Revenue 2017: $17,253,078Expenses 2017: $17,009,221Net Income 2017: $243,8572017Revenue 2018: $19,894,424Expenses 2018: $18,423,550Net Income 2018: $1,470,8742018Revenue 2019: $19,637,882Expenses 2019: $18,886,911Net Income 2019: $750,9712019Revenue 2020: $19,891,330Expenses 2020: $20,389,151Net Income 2020: -$497,8212020Revenue 2021: $21,237,025Expenses 2021: $20,432,233Net Income 2021: $804,7922021Revenue 2022: $26,831,457Expenses 2022: $22,425,826Net Income 2022: $4,405,6312022Revenue 2023: $25,006,714Expenses 2023: $26,171,086Net Income 2023: -$1,164,3722023Revenue 2024: $28,129,695Expenses 2024: $27,966,826Net Income 2024: $162,8692024Revenue 2025: $30,313,217Expenses 2025: $27,814,693Net Income 2025: $2,498,5242025

Highlighted filing

2018

Revenue$19,894,424
Expenses$18,423,550
Net Income$1,470,874
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 10, 2019
Return Version
2017v2.2
Gross Receipts
$19,894,424
Mission and Program Overview

Mission

To provide medical and dental care to the disadvantaged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,215,101$12,566,533▼ $648,568
Investments Other Securities$3,310,088$3,201,651▼ $108,437
Savings and Temporary Cash Investments$2,084,567$3,154,330▲ $1,069,763
Cash and Non-Interest-Bearing Accounts$854,443$1,919,987▲ $1,065,544
Pledges and Grants Receivable-$1,099,992-
Accounts Receivable$1,187,997$656,585▼ $531,412
Inventories for Sale or Use$182,220$214,694▲ $32,474
Prepaid Expenses and Deferred Charges$106,681$67,226▼ $39,455
Total Assets$20,941,097$22,880,998▲ $1,939,901
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,808,216$3,092,462▼ $715,754
Accounts Payable and Accrued Expenses$1,519,605$1,518,918▼ $687
Deferred Revenue$69,490--
Total Liabilities$5,397,311$4,611,380▼ $785,931
Net Assets / Fund Balance
Unrestricted Net Assets$15,543,786$18,269,618▲ $2,725,832
Total Net Assets Fund Balance$15,543,786$18,269,618▲ $2,725,832
Total Liabilities and Net Assets / Fund Balance$20,941,097$22,880,998▲ $1,939,901

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,685,321$3,051,171$13,736,492
Equipment$648,233$3,112,127$3,760,360
Land$1,195,873-$1,195,873
Other Land Buildings$37,106$236,873$273,979
Other Securities$3,198,651--
Closely Held Equity Interests$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Gary WiltzCEOFT$364,477$16,454$380,931
Dr Nsikan St MartinObgynFT$316,497$9,211$320,538
Dr R SimmonsInternistFT$236,903$8,081$244,984
Dr Ronald MartsInternistFT$222,427$4,041$226,468
Jennifer FabreCNOFT$184,576$15,528$200,104
Dr Mayra BustilloFamily PracticeFT$180,915$12,041$192,956
Paulette LoftonCOOFT$177,916$9,198$187,114
William BrentCFOFT$166,169$15,416$181,585
Dr William KaramDentistFT$175,083$8,637$175,083
Berryl BroussardGeneral CounselorFT$139,015$13,807$152,822

Board Members and Trustees

NameTitle
Leroy WillisPresident
Cleveland FarloughVice President
Angela HarringtonBoard Member
Darrell JupiterBoard Member
Denise PittsBoard Member
Donnie FrizzellBoard Member
Dr Eugene DialBoard Member
Edna LyonsBoard Member
Edward Delone SrBoard Member
Howard CastayBoard Member
Janis JonesBoard Member
Thomas DardarBoard Member
Willie RackBoard Member
Barbara HillsSecretary
Rose Susan DorseyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Southern Louisiana HepcureMedical Treatments413 Astor Place Drive, New Iberia, LA 70563$200,000
Revenue and Support

Revenue Composition

Contributions and Grants
$5,680,325
Program Service Revenue
$13,679,394
Investment Income
$143,654
Other Revenue
$391,051
All Other Contributions
$111,317
Change in Net Assets
$1,470,874

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,894,424
Revenue Not Reported on Form 990
$-168,812
Total Revenue per Audited Statements
$19,725,612
Total Revenue per Form 990
$19,894,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,305,803
Other Expenses$6,117,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,258,622$1,260,292-$9,518,914
Other Employee Benefits$1,135,038$441,404-$1,576,442
Fees for Services Other$557,872$749,542-$1,307,414
Current Officers, Directors, Trustees, and Key Employees$793,840$308,716-$1,102,556
Depreciation Depletion-$730,652-$730,652
Other Expenses$100,714$337,433-$438,147
Occupancy$8,238$329,898-$338,136
Travel$169,690$143,043-$312,733
Office Expenses-$282,354-$282,354
Insurance$102,495$77,182-$179,677
All Other Expenses$79,210$71,053-$150,263
Interest$17,368$119,870-$137,238
Pension Plan Contributions$77,682$30,209-$107,891
Conferences and Meetings$27,885$68,860-$96,745
Advertising$6,835$75,772-$82,607
Total Functional Expenses$13,086,701$5,336,849$0$18,423,550

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,423,550
Total Expenses per Audited Statements$18,423,550
Total Expenses per Form 990$18,423,550
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The form 990 is reviewed by the board of directors, cfo, and ceo prior to its filing.

CEO executive director top management comp Part VI line 15A

The board members compare ceo and key employee compensation to similar (size, revenues) nonprofit health centers to determine compensation.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Teche Action Board Inc
EIN
72-6073441
Address
1115 WEBER STREET, FRANKLIN, LA 70538

Signing Officer

Name
William Brent
Title
CFO
Phone
3378282550
Signed
2019-04-10
Discuss with paid preparer
No

Organization Details

Principal Officer
Dr Gary Wiltz
Formed
1974
Legal Domicile
La
Voting Board Members
15
Independent Board Members
15
Employees
256
Volunteers
15

Preparer

Firm
Steven M DeRouen & Associates
Address
P O Box 4265, Lake Charles, LA 70606
Preparer
Steven M DeRouen
Phone
3375134915
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IRS990/Form990PartVIISectionAGrp/TitleTxt20FAMILY PRACTICE
IRS990/Form990PartVIISectionAGrp/TitleTxt21OBGYN
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IRS990/PrincipalOfficerNm0DR GARY WILTZ

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$30.0$5.70$24.3$30.3$27.8$2.50
2024Detailed filing. Detailed filing data is available for this year.$26.9$5.61$21.3$28.1$28.0$0.16
2023Detailed filing. Detailed filing data is available for this year.$25.9$4.96$20.9$25.0$26.2$1.16
2022Detailed filing. Detailed filing data is available for this year.$27.0$4.69$22.3$26.8$22.4$4.41
2021Detailed filing. Detailed filing data is available for this year.$25.8$6.45$19.3$21.2$20.4$0.80
2020Detailed filing. Detailed filing data is available for this year.$25.5$6.88$18.6$19.9$20.4$0.50
2019Detailed filing. Detailed filing data is available for this year.$23.2$4.07$19.1$19.6$18.9$0.75
2018Detailed filing. Detailed filing data is available for this year.$22.9$4.61$18.3$19.9$18.4$1.47
2017Detailed filing. Detailed filing data is available for this year.$20.9$5.40$15.5$17.3$17.0$0.24
2016Detailed filing. Detailed filing data is available for this year.$20.3$4.92$15.4$16.4$14.9$1.53
2015Detailed filing. Detailed filing data is available for this year.$18.3$4.39$13.9$13.6$13.1$0.51
2013Summary only. Only limited summary data is available for this year.$17.1$2.99$14.1$18.0$11.1$6.92
2012Summary only. Only limited summary data is available for this year.$10.5$3.40$7.12$12.0$11.0$0.98
2011Summary only. Only limited summary data is available for this year.$8.64$2.49$6.15$11.2$10.4$0.84