Festivals Acadiens Et Creoles (EIN 562674684) - 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

Phone

3372785568

Tax Period

2023-10-01 to 2024-09-30

Festivals Acadiens Et Creoles is a micro nonprofit in the Education sector that reported $92K in total revenue in fiscal year 2023. Revenue fell 200% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION CONDUCTS A FESTIVAL WHICH IS PRODUCED AS A COMMUNITY SERVICE.PROCEEDS OF THE FESTIVAL ARE IN PART DEDICATED TO THE PRODUCTION OF FUTURE FESTIVALS AND TO FUND SCHOLARSHIPS AND APPRENTICESHIPS FOR FRENCH LANGUAGE IMMERSION, TRADITIONAL MUSIC AND CULINARY STUDENTS. PROCEEDS ARE ALSO DEDICATED TO THE CENTER FOR ACADIAN AND CREOLE FOLKLORE AT THE UNIVERSITY OF LA LAFAYETTE.

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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 $116,660

Program Service Revenue $0

Investment Income $0

Other Revenue $-208,636

TOTAL REVENUE $-91,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,073

TOTAL EXPENSES $1,073

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-91,976	$92,391	-2.0%
Expenses	$1,073	$1,141	-0.1%
Net Income	$-93,049	$91,250	-2.0%

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

N/A

Employees

N/A

Volunteers

N/A

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
BARRY ANCELET	PRESIDENT	4.00	Officer	$0	$0	$0
PATRICK MOULD	VICE PRESIDENT	4.00	Officer	$0	$0	$0
Linzee LaGrange	TREASURER	4.00	Officer	$0	$0	$0
ANDRE MITCHELL	DIRECTOR	2.00	Officer	$0	$0	$0
LOUIS ANCELET	VP STAGE MANAGE	2.00	Officer	$0	$0	$0
HELENA PUTNAM	Secretary	2.00	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
2024	$-91,976	$1,073	$268,835	$-93,049
2023	$92,391	$1,141	$361,884	$91,250
2022	$132,379	$1,591	$270,634	$130,788
2020	$37,488	$1,591	$324,303	$35,897
2019	$64,963	$2,364	$288,406	$62,599
2018	$78,400	$7,849	$225,807	$70,551

Festivals Acadiens Et Creoles