MYSTIC KREWE FOR THE PRESERVATION OF LAGNIAPPE IN LOUISIANA (EIN 721018003) - 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

1985

Legal Domicile

Principal Officer

Dusty Kling

Phone

2253880196

Tax Period

2024-04-01 to 2025-03-31

MYSTIC KREWE FOR THE PRESERVATION OF LAGNIAPPE IN LOUISIANA, founded in 1985, is a micro nonprofit that reported $76K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $35K, a strong 45% operating margin.

Mission

CHARITABLE, CULTURAL AND EDUCATIONAL ACTIVITIES

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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 $81,000

Program Service Revenue $0

Investment Income $30

Other Revenue $-4,563

TOTAL REVENUE $76,467

Expense Breakdown

Grants Paid $36,825

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,494

Other Expenses $4,981

TOTAL EXPENSES $41,806

Year-over-Year Comparison

	2024	2023	Change
Revenue	$76,467	$120,263	-0.4%
Expenses	$41,806	$116,765	-0.6%
Net Income	$34,661	$3,498	+8.9%

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
DOC LHERISSON	BOARD MBR	002.00	Director	$0	$0	$0
DON YOUNG	BOARD MBR	002.00	Director	$0	$0	$0
RUDY TUCKER	BOARD MBR	002.00	Director	$0	$0	$0
SCOT MCDAVITT	BOARD MBR	002.00	Director	$0	$0	$0
JOSEPH RAMIREZ	BOARD MBR	002.00	Director	$0	$0	$0
BILL BRUMFIELD	VICE PRES	005.00	Officer	$0	$0	$0
ROBERT KING	PRES	005.00	Officer	$0	$0	$0
DEREK HOWERTER	TREASURER	005.00	Officer	$0	$0	$0
JASON BROUSSARD	SECRETARY	005.00	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	$76,467	$41,806	$117,529	$34,661
2024	$120,263	$116,765	$87,675	$3,498
2023	$98,708	$110,134	$43,219	$-11,426
2022	$148,143	$107,359	$60,784	$40,784
2020	$122,475	$112,486	$37,805	$9,989
2019	$114,003	$115,242	$27,816	$-1,239

MYSTIC KREWE FOR THE PRESERVATION OF LAGNIAPPE IN LOUISIANA