Louis J and Lucy Roussel Foundation
Only null% goes to programs Strong reserves
Louis J and Lucy Roussel Foundation is a 501(c)(3) organization based in Metairie, Louisiana, registered in 2009, with $0 in FY2024 revenue. CharityIndex grades it C+.
Po Box 5902, Metairie, LA, 70009 EIN 26-4054886 Since 2009
Revenue (FY2024)
$0
Philanthropy median: $168K
Expenses (FY2024)
$644
Net assets
$5,337
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Louis J and Lucy Roussel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating99 mo reserves
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Louis J and Lucy Roussel Foundation: 99 mo reserves earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Louis J and Lucy Roussel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Louis J and Lucy Roussel Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 5902, Metairie, LA, 70009
- City
- Metairie
- State
- Louisiana
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $356 (FY2013) to $0 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5,337
Total assets
$5,337
Total liabilities
$0
Net assets
$5,337
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $0 | $644▲3.5% | $5,337▼10.8% | $5,337▼10.8% | 990PF |
| 2023 | $0▼100% | $622▼76.7% | $5,981▼9.4% | $5,981▼9.4% | 990PF |
| 2022 | $2,000 | $2,671▲140% | $6,603▼9.2% | $6,603▼9.2% | 990PF |
| 2021 | $0▼100% | $1,111▼66.0% | $7,274▼13.2% | $7,274▼13.2% | 990PF |
| 2020 | $2,736▲174% | $3,265▲84.0% | $8,385▼5.9% | $8,385▼5.9% | 990PF |
| 2019 | $1,000▼81.9% | $1,774▼76.0% | $8,914▼8.0% | $8,914▼8.0% | 990PF |
| 2018 | $5,535 | $7,399▲286% | $9,688▼16.1% | $9,688▼16.1% | 990PF |
| 2017 | $0▼100% | $1,917▲1.1% | $11,552▼14.2% | $11,552▼14.2% | 990PF |
| 2016 | $1,295▲52.2% | $1,897▲31.5% | $13,469▼4.3% | $13,469▼4.3% | 990PF |
| 2015 | $851▲39.3% | $1,443▲19.0% | $14,081▼4.0% | $14,081▼4.0% | 990PF |
| 2014 | $611▲71.6% | $1,213▲26.6% | $14,673▼3.9% | $14,673▼3.9% | 990PF |
| 2013 | $356 | $958▲13.0% | $15,275▼3.8% | $15,275▼3.8% | 990PF |
| 2012 | — | $848▲40.9% | $15,877▼3.7% | $15,877▼3.7% | 990PF |
| 2011 | — | $602▼60.3% | $16,479▼3.5% | $16,479▼3.5% | 990PF |
| 2010 | — | $1,517 | $17,081 | $17,081 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Louis J and Lucy Roussel Foundation a legitimate nonprofit?
- Yes. Louis J and Lucy Roussel Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-4054886, based in Metairie, Louisiana. Donations are tax-deductible.
- What is Louis J and Lucy Roussel Foundation's EIN?
- Louis J and Lucy Roussel Foundation's Employer Identification Number (EIN) is 26-4054886.
- How much revenue does Louis J and Lucy Roussel Foundation report?
- Louis J and Lucy Roussel Foundation reported $0 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Louis J and Lucy Roussel Foundation have?
- CharityIndex grades Louis J and Lucy Roussel Foundation C+, based on financial health (reserves and operating margin).
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Data for Louis J and Lucy Roussel Foundation (EIN 26-4054886) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.