LOUISIANA FINANCE ASSOCIATION Charity Report

Public IRS 990 nonprofit record

LOUISIANA FINANCE ASSOCIATION

EIN 72-0636404 · Professional Athletic Leagues (N80)

What they do

LOUISIANA FINANCE ASSOCIATION WAS FOUNDED WITH THE PURPOSE of PROMOTING THE WELFARE and EDUCATION of ITS MEMBERS ENGAGED IN THE PERSONAL LOAN BUSINESS IN THE STATE of LOUISIANA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $51.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.63%of revenue went to mission work51.2% of expenses · Program services

$81.17spent for every $100 of revenueRevenue covered expenses this year.

$10.94in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $98,186 for KIMBERLY HALLARAN (EXEC. DIR./SECRETARY/TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$265,975

Mission workProgram services$174,56165.63% of revenue51.2% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$341,106128.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 51.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 128.25% of revenue

2021Expense mix: 35.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 69.44% of revenue

2020Expense mix: 18.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.93% of revenue

2019Expense mix: 46.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 119.34% of revenue

2018Expense mix: 45.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 122.37% of revenue

2017Expense mix: 44.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.64% of revenue

2016Expense mix: 47.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 93.13% of revenue

Money in and money out

Revenue$414,154

Expenses$336,174

Annual surplus $77,980 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$174,561 · 51.9% of expenses

See all reported dollar amounts

Revenue$414,154

Expenses$336,174

Assets$3,677,625

Income$2,954,123

Mission work (program services)$174,561

Stocks and bonds$3,419,406

Accounting fees$8,400

Investing fees$21,933

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KIMBERLY HALLARANEXEC. DIR./SECRETARY/TREASURER · 40 hrs/week $98,186Base $86,863 · Other $11,323

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

KIMBERLY HALLARANEXEC. DIR./SECRETARY/TREASURER

OLIN BERTHELOTBOARD MEMBER

KYLE FENTONVP (THRU 07/24)/PRESIDENT-ELECT

LESTER DEESCHAIR

LINDA BULLOCKBOARD MEMBER (THRU 12/24)

MELISSA MEDLENBOARD MEMBER/VP (AS OF 07/24)

MIKE FONTENOTBOARD MEMBER

NICOLE FRUGE-TATEBOARD MEMBER

NOEL GILMOREBOARD MEMBER

JESSIE PURVIS JRBOARD MEMBER

PATRICK WILLIAMSBOARD MEMBER

PAUL LANDRY IVBOARD MEMBER

RANDY SCHMIDTBOARD MEMBER

RAY BERGERONBOARD MEMBER

ROGER BOYNTONBOARD MEMBER

SHANE TURNERBOARD MEMBER

SHAWN SAGRERABOARD MEMBER

DARROLL BERTRANDBOARD MEMBER

ARNIE HEDERMANBOARD MEMBER

BART DESROCHESBOARD MEMBER

BOB CHEDVILLEBOARD MEMBER

BRIAN GRAYBOARD MEMBER

BRYCE LOBELLBOARD MEMBER

CHARLIE SPEDALEBOARD MEMBER

CURTIS BREAZEALEPRESIDENT (THRU 07/24)/BOARD MEMBER

DAN WALTERSBOARD MEMBER

ADAM WIRTHBOARD MEMBER

DAVID GALLINEAUBOARD MEMBER

DAVID KORNBOARD MEMBER

DAVID LINKBOARD MEMBER

GARY FULKBOARD MEMBER

GRADON CLEMONSBOARD MEMBER

INEZ JENKINSBOARD MEMBER

JEANNIE MCDUFFIEPRESIDENT-ELECT (THRU 07/24)/PRESIDENT

About this charity

Recognized since: January 1967
Location: 11819 BRICKSOME AVE STE A, BATON ROUGE, LA 70816-0000
County: East Baton Rouge Parish
In care of: KIMBERLY HALLARAN
Primary officer: KIMBERLY HALLARAN, EXEC. DIR./SECRETARY/TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(225) 295-1300

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: EAG GULF COAST LLC
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues