KNIGHTS OF ECOR ROUGE

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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

1983

Legal Domicile

Principal Officer

MIKE NORDEN

Phone

2519281289

Tax Period

2024-06-01 to 2025-05-31

KNIGHTS OF ECOR ROUGE, founded in 1983, is a small nonprofit that reported $458K in total revenue in fiscal year 2024.

Mission

TO FUND, COORDINATE AND PRESENT AN ANNUAL MARDI GRAS PARADE FOR THE RESIDENTS OF FAIRHOPE, ALABAMA

Program Service Accomplishments

Program 1

FUNDING OF AN ANNUAL MARDI GRAS PARADE FOR RESIDENTS OF THE CITY OF FAIRHOPE, ALABAMA

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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 $0

Program Service Revenue $457,943

Investment Income $0

Other Revenue $0

TOTAL REVENUE $457,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $488,620

Other Expenses $488,620

TOTAL EXPENSES $488,620

Year-over-Year Comparison

	2024	2023	Change
Revenue	$457,943	$440,449	+0.0%
Expenses	$488,620	$434,880	+0.1%
Net Income	$-30,677	$5,569	-6.5%

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

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
DEAN SKIPPER	PRESIDENT	N/A	Officer	$0	$0	$0
DURRELL TREY PEADEN III	1ST VICE PRE	N/A	Officer	$0	$0	$0
BO ANSLEY	2ND VICE PRE	N/A	Officer	$0	$0	$0
SCOTT BLASCHEK	MEMBERSHIP C	N/A	Officer	$0	$0	$0
RICHARD KRONENBERGER	SPECIAL EVEN	N/A	Officer	$0	$0	$0
MIKE NORDEN	TREASURER	N/A	Officer	$0	$0	$0
BRANT RICHARDSON	SECRETARY	N/A	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	$457,943	$488,620	$362,986	$-30,677
2024	$440,449	$434,880	$393,663	$5,569
2023	$392,047	$407,364	$388,294	$-15,317
2022	$252,299	$279,042	$403,611	$-26,743
2021	$299,889	$211,170	$430,352	$88,719
2020	$343,002	$327,675	$341,633	$15,327
2019	$322,527	$370,390	$326,307	$-47,863