Is Krewe Of Olympus Legit?

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.