HOUMA OILMANS FISHING INVITATIONAL (EIN 721292421) - 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

1995

Legal Domicile

Principal Officer

JAMES BERGERON

Phone

9856889711

Tax Period

2023-11-01 to 2024-10-31

HOUMA OILMANS FISHING INVITATIONAL, founded in 1995, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring.

Mission

The organization holds an annual fishing rodeo to raise funds to help other charitable organizations and the needy

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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 $227,662

Investment Income $0

Other Revenue $0

TOTAL REVENUE $227,662

Expense Breakdown

Grants Paid $71,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $243,019

Other Expenses $171,219

TOTAL EXPENSES $243,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$227,662	$366,040	-0.4%
Expenses	$243,019	$269,668	-0.1%
Net Income	$-15,357	$96,372	-1.2%

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

$10,000

Total Directors

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon Elstner	Secretary	015.00	Officer Director	$10,000	$0	$10,000
James Bergereon	Chairman	015.00	Officer Director	$0	$0	$0
Jay Duplantis	Director	005.00	Director	$0	$0	$0
Lee Boudreaux	Director	005.00	Director	$0	$0	$0
Tony Robichaux	Co-Chairman	005.00	Officer Director	$0	$0	$0
Dan Davis	Director	005.00	Director	$0	$0	$0
Joe Boudreaux	Director	005.00	Director	$0	$0	$0
David Clark	Director	005.00	Director	$0	$0	$0
Jamey Chatagnier	Director	005.00	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	$227,662	$243,019	$94,171	$-15,357
2023	$366,040	$269,668	$109,528	$96,372
2022	$2,000	$29,180	$13,155	$-27,180
2021	$168,416	$235,972	$40,336	$-67,556
2020	$205,184	$139,564	$107,892	$65,620
2019	$369,909	$409,279	$42,272	$-39,370
2018	$408,947	$570,309	$80,229	$-161,362

HOUMA OILMANS FISHING INVITATIONAL