Conde Cavaliers
Nonprofit profile at a glance
- EIN
- 630941734
- IRS 990 coverage
- 2017–2025
- Forms available
- Form 990 2025
- Location
- Mobile, AL, USA
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $764,202
- Expenses
- $659,423
- Assets
- $460,808
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- JIMMY FONDREN (PRESIDENT)
People named in this filing
- JIMMY FONDREN (PRESIDENT)
- RYAN GANEY (VP)
- JOSEPH GODFREY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Mardi gras organization
What it reported doing in 2025
Annual mardi gras parade
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79%; rating input score 79
- Program expense ratio: 93.1%; rating input score 93
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 9.4% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 19.5% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 79% of revenue deployed · 93.1% of spending went to programs
- Governance: 6 of 6 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $614K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.