Lat Workforce Investment Board Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WORKFORCE AREA #3 CONSISTS OF LAFOURCHE, ASSUMPTION, AND TERREBONNE PARISHES GOVERNED BY THE LAT WORKFORCE DEVELOPMENT BOARD, INC. THE MISSION OF THE WORKFORCE AREA #3 IS TO PROVIDE A COMPREHENSIVE PROGRAM WHICH ADMINISTERS CORE, INTENSIVE, TRAINING AND FOLLOW-UP SERVICES AS REQUIRED BY THE WORKFORCE INVESTMENT ACT (WIA) TO MEET THE NEEDS OF JOB SEEKERS AND EMPLOYERS. THESE SERVICES ARE TO BE RENDERED IN A ONE-STOP ENVIRONMENT CONSISTING OF THE NECESSARY PARTNERS AS REQUIRED BY WIA. THE INTENT IS TO PROVIDE A SKILLED AND PRODUCTIVE WORKFORCE TO OUR AREA.
- Income
- $1.6 million
- Spending
- $1.6 million
- Spent on programs
- 81%
- Reserves
- 0 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 2
- Volunteers
- 0
- Highest pay
- $96,435, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 39 out of 100. Higher than 8% of charities in its peer group (employment, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
2 of 20It owes 94% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (employment, $1m to $10m).
Independent board
25 of 2521 of 21 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $662,149 spent. WORKFORCE INVESTMENT ACT TITLE I-B: ADULT - FUNDS ARE DISTRIBUTED TO SUBRECIPIENTS WHO PROVIDE SERVICES TO INCREASE THE EMPLOYABILITY OF ECONOMICALLY DISADVANTAGED ADULTS THROUGH PARTICIPATION IN CLASSROOM AND ON-THE-JOB TRAINING, WORK EXPERIENCE, AND OTHER SUPPORTIVE SERVICE PROGRAMS. IN ADDITION, EMPLOYER OUTREACH, JOB SEARCH AND DIRECT PLACEMENT ACTIVITIES ARE CONDUCTED.
- $234,639 spent. WORKFORCE INVESTMENT ACT TITLE I-B: DISLOCATED WORKER - FUNDS ARE DISTRIBUTED TO SUBRECIPIENTS WHO PROVIDE SERVICES TO INCREASE THE EMPLOYABILITY OF DISLOCATED WORKERS THROUGH CLASSROOM TRAINING, ON-THE-JOB TRAINING, AND OTHER SUPPORTIVE SERVICE PROGRAMS.
- $420,043 spent. WORKFORCE INVESTMENT ACT TITLE I-B: YOUTH - FUNDS ARE DISTRIBUTED TO SUBRECIPIENTS WHO PROVIDE SERVICES TO INCREASE THE EMPLOYABILITY OF ECONOMICALLY DISADVANTAGED YOUTH THROUGH PARTICIPATION IN CLASSROOM AND ON-THE-JOB TRAINING, WORK EXPERIENCE, EXAMPLARY YOUTH, AND OTHER SUPPORTIVE SERVICE PROGRAMS. IN ADDITION, EMPLOYER OUTREACH, JOB SEARCH AND DIRECT PLACEMENT ACTIVITIES ARE CONDUCTED.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.