Quick charity verification for Krewe Of Olympus (EIN: 208798271)
Verdict: Krewe Of Olympus appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
1Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or cessation of operations.
Strengths
Consistent reporting of zero officer compensation across all historical filings.
Stable asset base ($17,000-$18,500) and no reported liabilities in historical filings, indicating sound financial management for its size.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Krewe Of Olympus allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Krewe Of Olympus
Is Krewe Of Olympus a legitimate charity?
Based on AI analysis of IRS 990 filings, Krewe Of Olympus (EIN: 208798271) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Krewe Of Olympus a good charity to donate to?
Krewe Of Olympus has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Krewe Of Olympus?
The Employer Identification Number (EIN) for Krewe Of Olympus is 208798271. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Krewe Of Olympus spend its money?
Krewe Of Olympus allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Krewe Of Olympus's tax-exempt status?
You can verify Krewe Of Olympus's tax-exempt status using EIN 208798271 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Krewe Of Olympus appears to be a very small, community-focused organization with minimal financial activity. Over the past three reported periods (2012-2014), its annual revenue and expenses have consistently hovered around $4,000-$6,000, with assets remaining stable between $17,000 and $18,500. The organization consistently reports zero officer compensation, which is a positive indicator for a small volunteer-run entity, suggesting resources are not being diverted to executive salaries. However, the latest filing shows $0 in both revenue and assets, which could indicate inactivity or a change in reporting status, warranting further investigation.
Given the limited financial data and the nature of the organization (NTEE N50 typically relates to recreational, leisure, or sports clubs), it's challenging to assess spending efficiency in detail without a breakdown of program vs. administrative costs. The consistent reporting of assets and liabilities over the years, with no liabilities, suggests sound financial management for its scale. Transparency is generally good through its consistent 990 filings, but the lack of detailed expense categories in the provided summary limits a deeper analysis of how funds are allocated.
Overall, Krewe Of Olympus seems to be a financially stable, albeit very small, organization based on its historical filings. The zero officer compensation is a strong point. The recent $0 revenue and assets filing is a significant change that needs clarification to fully understand its current operational status.