TERRE CARNIVAL CLUB INC (EIN 720993568) - 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

1951

Legal Domicile

Principal Officer

CHRIS SMART

Tax Period

2023-04-01 to 2024-03-31

TERRE CARNIVAL CLUB INC, founded in 1951, is a small nonprofit that reported $394K in total revenue in fiscal year 2023.

Mission

TO HOLD AN ANNUAL CARNIVAL (MARDI GRAS) PARADE IN HOUMA, LOUISIANA, WHICH IS OPEN TO THE PUBLIC. THE PARADE PROMOTES TOURISM, RAISES COMMUNITY SPIRIT, AND AIDS THE BUSINESS COMMUNITY BY BRINGING IN FUNDS FROM THE COMMUNITY AND TOURISTS.

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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 $308,852

Investment Income $8,817

Other Revenue $76,765

TOTAL REVENUE $394,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $375,913

Other Expenses $390,259

TOTAL EXPENSES $390,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$394,434	$378,171	+0.0%
Expenses	$390,259	$382,499	+0.0%
Net Income	$4,175	$-4,328	-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

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
BRAD LEONARD	SECRETARY	5.00	Officer	$0	$0	$0
FRANK DAVIS	TREASURER	5.00	Officer	$0	$0	$0
CHRIS SMART	PRESIDENT	5.00	Officer	$0	$0	$0
JOHN POIENCOT	VICE-PRES	5.00	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	$394,434	$390,259	$1,084,151	$4,175
2023	$378,171	$382,499	$1,369,762	$-4,328
2022	$163,770	$275,914	$1,424,774	$-112,144
2021	$234,488	$129,918	$1,248,174	$104,570
2020	$312,850	$321,669	$643,704	$-8,819
2019	$248,568	$213,908	$662,433	$34,660
2018	$227,806	$232,009	$647,451	$-4,203

TERRE CARNIVAL CLUB INC