NEREIDS INC (EIN 203161496) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

MARIA LOTT

Tax Period

2023-07-01 to 2024-06-30

NEREIDS INC, founded in 2005, is a small nonprofit in the Recreation & Sports sector that reported $409K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $359K left a modest 12% surplus.

Mission

HOLD A CARNIVAL BALL AND PARADE DURING MARDI GRAS SEASON ANNUALLY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $168,432

Program Service Revenue $225,931

Investment Income $4

Other Revenue $14,811

TOTAL REVENUE $409,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $34,741

Program Expenses $323,837

Other Expenses $359,013

TOTAL EXPENSES $359,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$409,178	$368,427	+0.1%
Expenses	$359,013	$371,807	0.0%
Net Income	$50,165	$-3,380	-15.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

131

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARNETT STEWART	BOARD MEMBER	4.00	Officer	$0	$0	$0
SUE ASHMAN	BOARD MEMBER	4.00	Officer	$0	$0	$0
ANGELYN ZERINGUE	BOARD MEMBER	4.00	Officer	$0	$0	$0
LISA CARLISLE	BOARD MEMBER	4.00	Officer	$0	$0	$0
MARY ANN PUCHEU	SECRETARY	4.00	Officer	$0	$0	$0
JEANNE RICHARDSON	PRESIDENT	4.00	Officer	$0	$0	$0
MARIA LOTT	CAPTAIN	4.00	Officer	$0	$0	$0
DOROTHY BENZ	TREASURER	4.00	Officer	$0	$0	$0
MICHELE SEAL	VICE PRESIDENT	4.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$409,178	$359,013	$431,743	$50,165
2023	$368,427	$371,807	$381,480	$-3,380
2022	$307,919	$266,982	$384,454	$40,937
2021	$91,771	$117,838	$343,515	$-26,067
2020	$248,583	$233,105	$375,593	$15,478
2019	$247,171	$247,607	$360,115	$-436

NEREIDS INC