Grounds Krewe Nola Inc
EIN: 841839692 · New Orleans, LA · NTEE: C99
| Metric | Value |
|---|---|
| Total Revenue | $413K |
| Total Expenses | $152K |
| Net Assets | $363K |
Is Grounds Krewe Nola Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grounds Krewe Nola Inc
Grounds Krewe Nola Inc (EIN: 841839692) is a nonprofit organization based in New Orleans, LA, classified under NTEE code C99. The organization reported total revenue of $413K and total assets of $383K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grounds Krewe Nola Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grounds Krewe Nola Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 46.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $152K |
| Surplus / Deficit | +$131K |
| Total Assets | $379K |
| Total Liabilities | $16K |
| Net Assets | $363K |
| Operating Margin | 46.2% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 29.9 months |
Financial Health Grade: A
In 2023, Grounds Krewe Nola Inc reported a surplus of $131K with revenue exceeding expenses, holds 29.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Grounds Krewe Nola Inc's revenue has grown at a compound annual growth rate (CAGR) of 46.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +173.9% | +207.9% | +12.2% |
| 2022 | +18.1% | +119.7% | +87.4% |
| 2021 | -3.4% | +38.5% | +56.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grounds Krewe Nola Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grounds Krewe Nola Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $131K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Frequently Asked Questions about Grounds Krewe Nola Inc
Is Grounds Krewe Nola Inc a legitimate charity?
Grounds Krewe Nola Inc (EIN: 841839692) is a registered tax-exempt nonprofit based in Louisiana. It has 4 years of IRS 990 filings on record. Total revenue: $413K. No red flags identified. Financial health grade: A.
How does Grounds Krewe Nola Inc spend its money?
Grounds Krewe Nola Inc reported $413K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Grounds Krewe Nola Inc tax-deductible?
Grounds Krewe Nola Inc is registered as a tax-exempt nonprofit (EIN: 841839692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grounds Krewe Nola Inc located?
Grounds Krewe Nola Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 841839692. It is classified under NTEE code C99.
How many years of IRS 990 filings does Grounds Krewe Nola Inc have?
Grounds Krewe Nola Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $413K in total revenue.
Filing History
IRS 990 filing history for Grounds Krewe Nola Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Grounds Krewe Nola Inc's revenue has grown by 212.5%, moving from $91K to $283K. Total assets increased by 229.7% over the same period, from $115K to $379K. Total functional expenses rose by 836.9%, from $16K to $152K. In its most recent filing year (2023), Grounds Krewe Nola Inc reported a surplus of $131K, with revenue exceeding expenses. The organization holds $16K in liabilities against $379K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $363K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $283K | $152K | $379K | $16K | — | — |
| 2022 | $103K | $49K | $338K | $106K | — | View 990 |
| 2021 | $87K | $23K | $180K | $2K | — | — |
| 2020 | $91K | $16K | $115K | $1K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $283K, expenses of $152K, and assets of $379K (revenue +173.9% year-over-year).
- 2022: Revenue of $103K, expenses of $49K, and assets of $338K (revenue +18.1% year-over-year).
- 2021: Revenue of $87K, expenses of $23K, and assets of $180K (revenue -3.4% year-over-year).
- 2020: Revenue of $91K, expenses of $16K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grounds Krewe Nola Inc:
Data Sources and Methodology
This transparency report for Grounds Krewe Nola Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.