FIESTA OF FIVE FLAGS ASSOCIATION I… - Form 990 Financial Data

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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

1951

Legal Domicile

Principal Officer

BRIDGET MIDDLETON

Phone

8504336512

Tax Period

2024-08-01 to 2025-07-31

FIESTA OF FIVE FLAGS ASSOCIATION INC, founded in 1951, is a small nonprofit that reported $489K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO CELEBRATE OUR HERITAGE, PROMOTE TOURISM, AND BUILD PRIDE IN PENSACOLA THROUGH FESTIVE ACTIVITIES WHICH ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $239,758 Revenue: $22,987

PRESENTATION OF THE FIESTA OF THE FIVE FLAGS FOR THE CITY OF PENSACOLA TO CELEBRATE THE CITY'S HERITAGE AND HISTORICAL SIGNIFICANCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $216,996

Program Service Revenue $22,987

Investment Income $0

Other Revenue $249,253

TOTAL REVENUE $489,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,343

Fundraising Expenses $0

Program Expenses $239,758

Other Expenses $294,820

TOTAL EXPENSES $534,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$489,236	$424,393	+0.2%
Expenses	$534,163	$513,097	+0.0%
Net Income	$-44,927	$-88,704	-0.5%

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

Volunteers

350

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

$75,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIDGET MIDDLETON	EXECUTIVE DI	40.00	Officer	$75,920	$0	$75,920
JENNY ANDREWS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
CHRIS BARFIELD	DIRECTOR	N/A	Director	$0	$0	$0
HEATHER BOATWRIGHT	DIRECTOR	N/A	Director	$0	$0	$0
LORI BROCK	DIRECTOR	N/A	Director	$0	$0	$0
JEFF BROWN	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT CALVERT	DIRECTOR	N/A	Director	$0	$0	$0
LISA COMBS	PRESIDENT-EL	N/A	Officer Director	$0	$0	$0
SHELBY DANIELS	DIRECTOR	N/A	Director	$0	$0	$0
JESSIE DROSSOS	DIRECTOR	N/A	Director	$0	$0	$0
PETER DYSON	MEMBER AT LA	N/A	Officer Director	$0	$0	$0
KAREN EMMONS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN ENDACOTT	DIRECTOR	N/A	Director	$0	$0	$0
NIKKI FUQUA	DIRECTOR	N/A	Director	$0	$0	$0
DAX GILL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
BERNADETTE GOLDEN	DIRECTOR	N/A	Director	$0	$0	$0
JOHN GORMLEY	DIRECTOR	N/A	Director	$0	$0	$0
LUCAS HALL	DIRECTOR	N/A	Director	$0	$0	$0
MARY CATHERINE HARPER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DAVID HOXENG	DIRECTOR	N/A	Director	$0	$0	$0
MARY HOXENG	DIRECTOR	N/A	Director	$0	$0	$0
BRAD HUGGINS	DIRECTOR	N/A	Director	$0	$0	$0
LEWIS BEAR III	DIRECTOR	N/A	Director	$0	$0	$0
ANNA JOHNSON	CHAIRMAN	N/A	Officer Director	$0	$0	$0
MARK LEIDNER	DIRECTOR	N/A	Director	$0	$0	$0
JANE RAMBO LITVAK	DIRECTOR	N/A	Director	$0	$0	$0
MOLLY MALONEY	DIRECTOR	N/A	Director	$0	$0	$0
DENIS MCKINNON	DIRECTOR	N/A	Officer Director	$0	$0	$0
DENIS MCKINNON	DIRECTOR	N/A	Director	$0	$0	$0
KERI MEDLOCK	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MERTING	DIRECTOR	N/A	Director	$0	$0	$0
TREY MILLER	DIRECTOR	N/A	Director	$0	$0	$0
BUCK MITCHELL	DIRECTOR	N/A	Director	$0	$0	$0
BILL MITCHEM	PRESIDENT	N/A	Officer Director	$0	$0	$0
TRISHA MORRISON	DIRECTOR	N/A	Director	$0	$0	$0
GAYE OVERHOLTZ	DIRECTOR	N/A	Director	$0	$0	$0
TOM OWENS	DIRECTOR	N/A	Director	$0	$0	$0
ROCKY PARRA	DIRECTOR	N/A	Director	$0	$0	$0
JEFFREY PHILLIPS	DIRECTOR	N/A	Director	$0	$0	$0
DEL POWELL	DIRECTOR	N/A	Director	$0	$0	$0
CATHARINE PROVOSTY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MALLIE RENTZ	DIRECTOR	N/A	Director	$0	$0	$0
JILL ROBINSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RHONDA ROBINSON	DIRECTOR	N/A	Director	$0	$0	$0
BRENT SCOTT	MEMBER-AT-LA	N/A	Officer Director	$0	$0	$0
CINDY SLUDER	DIRECTOR	N/A	Director	$0	$0	$0
TINA TAYLOR	DIRECTOR	N/A	Director	$0	$0	$0
GINGER THARP	DIRECTOR	N/A	Director	$0	$0	$0
JAMES THEISEN	DIRECTOR	N/A	Director	$0	$0	$0
KATIE THEISEN	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW TRAMMELL	DIRECTOR	N/A	Director	$0	$0	$0
CYNDI WARREN	TREASURER	N/A	Officer Director	$0	$0	$0
GREGORY WHIBBS	DIRECTOR	N/A	Director	$0	$0	$0
KATIE WHITE	DIRECTOR	N/A	Director	$0	$0	$0
GREG WOODFIN	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN WYER	DIRECTOR	N/A	Director	$0	$0	$0
ROBIN ZIMMERN	SECRETARY	N/A	Officer Director	$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	$489,236	$534,163	$158,201	$-44,927
2024	$424,393	$513,097	$91,999	$-88,704
2023	$433,951	$528,557	$189,968	$-94,606
2022	$517,376	$460,950	$274,999	$56,426
2021	$406,706	$366,329	$218,573	$40,377
2020	$285,599	$342,287	$178,196	$-56,688
2019	$411,814	$417,157	$234,886	$-5,343

FIESTA OF FIVE FLAGS ASSOCIATION INC