GREATER SOUTHWEST LA MARDI GRAS ASSOC (EIN 721039782) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

JOHN MENDELL

Phone

3379884930

Tax Period

2024-05-01 to 2025-04-30

GREATER SOUTHWEST LA MARDI GRAS ASSOC, founded in 1985, is a small nonprofit that reported $599K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

TO PROVIDE FREE MARDI GRAS PARADES FOR THE BENEFIT OF THE GENERAL PUBLIC IN SOUTHWESTERN LOUISIANA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $572,740

Investment Income $11,626

Other Revenue $0

TOTAL REVENUE $599,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $641,674

Other Expenses $650,183

TOTAL EXPENSES $650,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$599,366	$702,612	-0.1%
Expenses	$650,183	$644,743	+0.0%
Net Income	$-50,817	$57,869	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JOE GIGLIO	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS VILLEMARETTE	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
QUINN SALMON	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM KAUFMAN	3RD VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TREY HIGHTOWER	JUDGE ADVOCATE	1.00	Officer Director	$0	$0	$0
DENISE SADLER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN MENDELL	TREASURER	1.00	Officer Director	$0	$0	$0
KEN DAVID	AT LARGE	1.00	Officer Director	$0	$0	$0
RICK CHAPPUIS III	AT LARGE	1.00	Officer Director	$0	$0	$0
ROBERT KALLAM	FESTIVAL CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHUCK PEDDY	PAST PRESIDENT	1.00	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	$599,366	$650,183	$329,975	$-50,817
2024	$702,612	$644,743	$380,792	$57,869
2023	$757,446	$744,396	$322,923	$13,050
2022	$633,607	$559,856	$309,873	$73,751
2021	$110,954	$72,162	$236,122	$38,792
2020	$602,429	$495,459	$197,330	$106,970
2019	$526,515	$551,892	$90,360	$-25,377

GREATER SOUTHWEST LA MARDI GRAS ASSOC