Les Cavaliers Inc
Nonprofit profile at a glance
- EIN
- 640735565
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Gulfport, MS, USA
- Phone
- 2288613622
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Commemorative Events
Reported finances
- Revenue
- $69,660
- Expenses
- $73,267
- Assets
- $11,999
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- SCOTT BARNES (PAST PRESIDENT)
- PATRICK CHUBB (PRESIDENT)
- MIKE BECK (VICE PRESIDENT)
People named in this filing
- SCOTT BARNES (PAST PRESIDENT)
- PATRICK CHUBB (PRESIDENT)
- MIKE BECK (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our organization is a social organization that holds events related to the celebration of mardi gras. Our main event is a formal ball 2 weeksbefore mardi gras (fat tuesday). We also have several events for the members and guests during the year. All events are planned and conducted by the board of directors. All activities are conducted on the Mississippi gulf coast (harrison county). One hundred percent of the organizations time is spent on these events. Theses activities are funded primarily by member dues. We also receive funding from fees for court participation and guest tickets for the annual ball. These activities further our exempt purpose by providing fellowship and enjoyment among our members, their spouses and guests.
What it reported doing in 2024
Conduct formal mardi gras ball for members and guests
Operating model
- Revenue model
- Membership-supported. 61% of the money available for current operations came from membership dues.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.8%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.2%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: -35.1% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $70K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.