Houma Oilmans Fishing Invitational
- Assets
- $109.5k
- Revenue
- $366.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Houma, LA
- Founding
- 10/1996
- Data as of
- 10/2023
- EIN
- 72-1292421
Organization Overview
Houma Oilmans Fishing Invitational is located in Houma, LA. The organization was established in 1996. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houma Oilmans Fishing Invitational is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Houma Oilmans Fishing Invitational generated $366.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $269.7k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Houma Oilmans Fishing Invitational has awarded 56 individual grants totaling $755,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION HOLDS AN ANNUAL FISHING RODEO TO RAISE FUNDS TO HELP OTHER CHARITABLE ORGANIZATIONS AND THE NEEDY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS NEEDY INVIDIUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Elstner Secretary | OfficerTrustee | 15 | $10,000 |
James Bergereon Chairman | OfficerTrustee | 15 | $0 |
Jay Duplantis Director | Trustee | 5 | $0 |
Lee Boudreaux Director | Trustee | 5 | $0 |
Tony Robichaux Co-Chairman | OfficerTrustee | 5 | $0 |
Dan Davis Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $224,040 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $366,040 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,000 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,325 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,880 |
| Advertising and promotion | $5,454 |
| Office expenses | $3,485 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2 |
| Insurance | $1,232 |
| All other expenses | $0 |
| Total functional expenses | $269,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,528 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $109,528 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $109,528 |
| Total liabilities and net assets/fund balances | $109,528 |
Grants Awarded
Over the last fiscal year, Houma Oilmans Fishing Invitational has awarded $87,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MCDONNELL'S CHILDRENS HOME PURPOSE: CASH ASSISTANCE FOR EXEMPT PURPOSES | $15,000 |
TARC PURPOSE: CASH ASSISTANCE FOR EXEMPT PURPOSES | $15,000 |
CHILDREN'S HOSPITAL PURPOSE: CASH ASSISTANCE FOR EXEMP PURPOSES | $10,000 |
THE HAVEN PURPOSE: CASH ASSISTANCE FOR EXEMPT PURPOSES | $10,000 |
MAKE A WISH FOUNDATION PURPOSE: CASH ASSISTANCE FOR EXEMPT PURPOSES | $10,000 |
GRANT A WISH PURPOSE: CASH ASSISTANCE FOR EXEMPT PURPOSES | $7,000 |