LOUISIANA TECH UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

LOUISIANA TECH UNIVERSITY FOUNDATION INC

EIN 72-6021176 · Education (B110)

What they do

THE LOUISIANA TECH UNIVERSITY FOUNDATION WAS ORGANIZED to SOLICIT, RECEIVE, HOLD, INVEST and TRANSFER FUNDS for THE BENEFIT of LOUISIANA TECH UNIVERSITY. THE FOUNDATION ALSO ASSISTS LOUISIANA TECH UNIVERSITY IN MEETING THE CRITERIA for ACCREDITATION AS OUTLINED BY THE COMMISSION ON COLLEGES for THE SOUTHERN ASSOCIATION of COLLEGES and SCHOOLS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.60 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 leaders55 people are listed in the latest report.

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

Money made simple

107.82%of revenue went to mission work81.6% of expenses · Program services

9.21%of revenue went to fundraising7.0% of expenses

$132.15spent for every $100 of revenueSpending was higher than revenue this year.

15.11%of revenue went to management and office costs11.4% of expenses

$4.15in assets for every $1 spent this yearSome assets cannot be spent right away.

79.6%of its money came from giftsOther money may come from services or investments.

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.

Worth asking: Expenses exceeded revenue by $7,703,983 this year. Ask whether that was planned or caused by a one-time event.

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$23,966,271

Mission workProgram services$25,840,922107.82% of revenue81.6% of expenses

ManagementOffice and general costs$3,622,35015.11% of revenue11.4% of expenses

FundraisingAsking for donations$2,206,9829.21% of revenue7.0% of expenses

Total expenses$31,670,254132.15% 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

2024CurrentExpense mix: 81.6% mission · 11.4% management · 7.0% fundraisingTotal expenses: 132.15% of revenue

2023Expense mix: 83.3% mission · 12.4% management · 4.3% fundraisingTotal expenses: 74.88% of revenue

2022Expense mix: 76.9% mission · 14.7% management · 8.5% fundraisingTotal expenses: 83.25% of revenue

2021Expense mix: 78.9% mission · 19.8% management · 1.3% fundraisingTotal expenses: 89.07% of revenue

2020Expense mix: 78.4% mission · 16.7% management · 4.8% fundraisingTotal expenses: 94.42% of revenue

2019Expense mix: 60.2% mission · 28.3% management · 11.4% fundraisingTotal expenses: 100.61% of revenue

2018Expense mix: 68.7% mission · 26.1% management · 5.3% fundraisingTotal expenses: 54.36% of revenue

2017Expense mix: 79.3% mission · 11.8% management · 8.9% fundraisingTotal expenses: 118.89% of revenue

Money in and money out

Revenue$23,966,271

Expenses$31,670,254

Annual shortfall $7,703,983 Expenses were higher than revenue 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)$25,840,922 · 81.6% of expenses

Management and office costs$3,622,350 · 11.4% of expenses

Fundraising$2,206,982 · 7.0% of expenses

See all reported dollar amounts

Revenue$23,966,271

Expenses$31,670,254

Assets$131,415,628

Income$34,670,142

Contributions$19,083,612

Mission work (program services)$25,840,922

Fundraising$2,206,982

Grants given$123,321,315

Average grant$15,415,164

Management and general$3,622,350

Stocks and bonds$78,365,402

Accounting fees$53,502

Investing fees$163,771

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (55)

RICHIE LEBLANCDIRECTOR

JIM E DAVISON JRDIRECTOR

JOHN KYTEDIRECTOR

JOHN E ALLEN JRDIRECTOR

JULIE WILKERSONDIRECTOR

KATIE HALLDIRECTOR

LEE KINNEBREWDIRECTOR

LOMAX NAPPERDIRECTOR

MALCOLM MURCHISONDIRECTOR

MARGARET DAVISONDIRECTOR

MELINDA PARKERDIRECTOR

MICHAEL B MCCALLISTERDIRECTOR

MIKE JOHNSONDIRECTOR

RAKSHYA DEOJA NAPPERDIRECTOR

JEROME VASCOCUDIRECTOR

RUSSELL A NOLANDIRECTOR

RYAN KILPATRICKVICE PRESIDENT

SCOTT HILLDIRECTOR

SCOTT POOLEDIRECTOR

STEEN TRAWICKDIRECTOR

STEVE DAVISONDIRECTOR

TERRY EWINGDIRECTOR

TIM CUTTPRESIDENT

TIM PETRUSDIRECTOR

TODD DAVISONDIRECTOR

TOM ONEALDIRECTOR

TROY OLAUGHLINSECRETARY

ZEFFREY LUCASDIRECTOR

DR O JEAN HALLDIRECTOR

BENJAMIN L DENNYDIRECTOR

BILL BRADLEYDIRECTOR

BILL HOGANTREASURER

BRANDON EWINGDIRECTOR

BRENNAN EASLEYDIRECTOR

CAROLINE REAVESDIRECTOR

CHAD CARTERDIRECTOR

CHRIS RICHARDSONDIRECTOR

DANNY READIRECTOR

DAVID G DARLANDDIRECTOR

DON MCGEHEEDIRECTOR

DOYLE ADAMSDIRECTOR

DR MARVIN T GREEN JRDIRECTOR

ANNE K SAMUELSPAST PRESIDENT

DRAKE MILLSDIRECTOR

ELIZABETH GREENDIRECTOR

ERIC JOHNSONDIRECTOR

GARY HILLDIRECTOR

GARY PATTERSONDIRECTOR

GAYLE REDDIRECTOR

GEORGE A BALDWIN JRDIRECTOR

HILTON NICHOLSONDIRECTOR

INDIA CARROLLDIRECTOR

JACK E BYRD JRDIRECTOR

JAMES E DAVISON SRDIRECTOR

JANET WONGDIRECTOR

About this charity

Recognized since: January 1964
Location: PO BOX 3183 900 TECH DRIVE - NO MAI, RUSTON, LA 71270-0700
County: Lincoln
In care of: BILL HOGAN
Primary officer: BILL HOGAN, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailadmin@latechalumni.org Phone(318) 255-7950

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HEARD MCELROY & VESTAL LLC
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes