RAPIDES PARISH FAIR ASSOCIATION INC (EIN 720970974) - 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

1983

Legal Domicile

Principal Officer

JIM THIELS

Phone

3184874014

Tax Period

2023-01-01 to 2023-12-31

RAPIDES PARISH FAIR ASSOCIATION INC, founded in 1983, is a small nonprofit that reported $244K in total revenue in fiscal year 2023. Net assets of $1.7M represent 82 months of operating reserves.

Mission

see below

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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 $0

Program Service Revenue $243,679

Investment Income $0

Other Revenue $0

TOTAL REVENUE $243,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $204,225

Other Expenses $241,606

TOTAL EXPENSES $241,606

Year-over-Year Comparison

	2023	2022	Change
Revenue	$243,679	$242,273	+0.0%
Expenses	$241,606	$297,841	-0.2%
Net Income	$2,073	$-55,568	-1.0%

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

Employees

N/A

Volunteers

175

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
JIM THIELS	PRESIDENT, BD MEM	60.00	Officer Director	$0	$0	$0
GHBUBBA CROSS	VICE PRES, BD MEMBER	12.00	Officer Director	$0	$0	$0
DD FULLER	TREASURER	16.00	Officer Director	$0	$0	$0
LOU ALTAZAN-BROWN	SECRETARY	165.00	Officer Director	$0	$0	$0
EA ANDRIES JR	BOARD MEMBER	4.00	Director	$0	$0	$0
ROBERT ANDRIES	BOARD MEMBER	6.00	Director	$0	$0	$0
SHERRI BENNET	BOARD MEMBER	12.00	Director	$0	$0	$0
CLIFF BRISTER	BOARD MEMBER	50.00	Director	$0	$0	$0
DANNY COOMBS	BOARD MEMBER	18.00	Director	$0	$0	$0
CAROLYN DEKEYZER	BOARD MEMBER	12.00	Director	$0	$0	$0
PEGGY WILLIAMS	BOARD MEMBER	8.00	Director	$0	$0	$0
RONALD WILLIAMS	BOARD MEMBER	6.00	Director	$0	$0	$0
MATT MARTIN	BOARD MEMBER	16.00	Director	$0	$0	$0
BENNETT LANDRENEAU	BOARD MEMBER	24.00	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
2024	No data	No data	No data	No data
2023	$243,679	$241,606	$2,156,099	$2,073
2022	$242,273	$297,841	$2,154,026	$-55,568
2021	$267,939	$168,012	$2,710,468	$99,927
2020	$35,627	$34,477	$2,303,093	$1,150

RAPIDES PARISH FAIR ASSOCIATION INC