Krewe Of Galatea Inc
EIN: 720748480 · Morgan City, LA
Is Krewe Of Galatea Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Krewe Of Galatea Inc
Krewe Of Galatea Inc (EIN: 720748480) is a nonprofit organization based in Morgan City, LA. The organization reported total revenue of $237K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Krewe Of Galatea Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Krewe Of Galatea 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 Krewe Of Galatea 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.
Frequently Asked Questions about Krewe Of Galatea Inc
Is Krewe Of Galatea Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Krewe Of Galatea Inc (EIN: 720748480) insufficient data. 0 red flags identified, 0 strengths noted.
How does Krewe Of Galatea Inc spend its money?
Detailed spending breakdown data is not yet available for Krewe Of Galatea Inc. Check back for updated IRS 990 analysis.
Are donations to Krewe Of Galatea Inc tax-deductible?
Krewe Of Galatea Inc is registered as a tax-exempt nonprofit (EIN: 720748480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Krewe Of Galatea Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Krewe Of Galatea Inc's revenue has grown by 12.6%, moving from $171K to $193K. Total assets decreased by 50.7% over the same period, from $131K to $65K. Total functional expenses rose by 50%, from $132K to $199K. In its most recent filing year (2024), Krewe Of Galatea Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $193K | $199K | $65K | $0 | — | View 990 |
| 2023 | $199K | $219K | $71K | $0 | — | — |
| 2022 | $94K | $109K | $90K | $0 | — | View 990 |
| 2021 | $114K | $84K | $104K | $0 | — | View 990 |
| 2020 | $163K | $161K | $74K | $0 | — | View 990 |
| 2019 | $138K | $135K | $73K | $0 | — | View 990 |
| 2018 | $120K | $136K | $70K | $0 | — | View 990 |
| 2017 | $138K | $160K | $85K | $0 | — | View 990 |
| 2016 | $144K | $146K | $108K | $0 | — | View 990 |
| 2015 | $152K | $151K | $109K | $0 | — | View 990 |
| 2014 | $136K | $138K | $108K | $0 | — | View 990 |
| 2013 | $127K | $148K | $110K | $0 | — | View 990 |
| 2012 | $171K | $132K | $131K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $193K, expenses of $199K, and assets of $65K (revenue -3.3% year-over-year).
- 2023: Revenue of $199K, expenses of $219K, and assets of $71K (revenue +111.3% year-over-year).
- 2022: Revenue of $94K, expenses of $109K, and assets of $90K (revenue -17.3% year-over-year).
- 2021: Revenue of $114K, expenses of $84K, and assets of $104K (revenue -29.9% year-over-year).
- 2020: Revenue of $163K, expenses of $161K, and assets of $74K (revenue +17.9% year-over-year).
- 2019: Revenue of $138K, expenses of $135K, and assets of $73K (revenue +15.0% year-over-year).
- 2018: Revenue of $120K, expenses of $136K, and assets of $70K (revenue -12.8% year-over-year).
- 2017: Revenue of $138K, expenses of $160K, and assets of $85K (revenue -4.5% year-over-year).
- 2016: Revenue of $144K, expenses of $146K, and assets of $108K (revenue -5.1% year-over-year).
- 2015: Revenue of $152K, expenses of $151K, and assets of $109K (revenue +11.6% year-over-year).
- 2014: Revenue of $136K, expenses of $138K, and assets of $108K (revenue +7.3% year-over-year).
- 2013: Revenue of $127K, expenses of $148K, and assets of $110K (revenue -25.8% year-over-year).
- 2012: Revenue of $171K, expenses of $132K, and assets of $131K.
Data Sources and Methodology
This transparency report for Krewe Of Galatea 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.