Z Krewe Inc
- Assets
- $129.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nassau Bay, TX
- Founding
- 08/2018
- Data as of
- 04/2024
- EIN
- 30-0263187
Organization Overview
Z Krewe Inc is located in Nassau Bay, TX. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Z Krewe Inc 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 04/2024, Z Krewe Inc generated $175.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $182.6k during the year ending 04/2024. While expenses have increased by 7.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
Z KREWE, INC. IS DEDICATED TO PROMOTING AND SUPPORTING THE CITY OF GALVESTON, AND THE SURROUNDING AREA'S MARDI GRAS FESTIVALS AND LOCAL CHARITIES.
Describe the Organization's Program Activity:
Part 3
PERPETUATING THE SPIRIT OF MARDI GRAS, ENCOURAGING TOURISM, BUSINESS, AND INCREASED HOTEL ACCOMMODATIONS FOR THE CITY OF GALVESTON, BY HOLDING BALCONY BEAD THROWING PARTIES, AFFORDING OPPORTUNITY FOR MEMBERS AND PUBLIC TO THROW BEADS TO THE CROWDS, DRESS IN COSTUME AND CELEBRATE THE COMING OF FAT TUESDAY. HELD THE TWO WEEKENDS BEFORE FAT TUESDAY. ESTIMATED CROWD AFFECTED IS 350,000. ESTIMATED NUMBER OF ATTENDEES 1200. ESTIMATED NUMBER OF KREWE VOLUNTEER HOURS IS 770.
PERPETUATING THE SPIRIT OF MARDI GRAS, PROMOTING TOURISM, BUSINESS, AND INCREASED HOTEL ACCOMMODATIONS FOR THE CITY OF GALVESTON BY HOLDING A COMBINED KREWE ROYALTY CORONATION AND COSTUME/FORMAL BALL FOR MEMBERS AND PUBLIC. OCCURS ONCE A YEAR, APPROXIMATELY THREE WEEKS BEFORE FAT TUESDAY. ESTIMATED NUMBER OF ATTENDEES IS 160. ESTIMATED KREWE VOLUNTEER HOURS IS 200.
HOLDING A 0.5K FUN RUN FOR ADULTS AND CHILDREN TO RAISE FUNDS FOR THE GALVESTON COUNTY FOOD BANK. APPROXIMATELY 360 VOLUNTEER HOURS SPENT ON FUNCTION. ALL NET PROCEEDS WERE DONATED TO THE FOOD BANK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Fletcher Chairman | 0.5 | $0 | |
Chris Dees Vice Chairman | 0.5 | $0 | |
David Davis Director | 0.5 | $0 | |
Steven Hill Director | 0.5 | $0 | |
Billy Hopkins Director | 0.5 | $0 | |
Kelly Gardner Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,983 |
| Total Program Service Revenue | $120,786 |
| Membership dues | $25,427 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,231 |
| Other Revenue | $460 |
| Total Revenue | $175,088 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $88,055 |
| Occupancy, rent, utilities, and maintenance | $41,729 |
| Printing, publications, postage, and shipping | $8,446 |
| Other expenses | $37,504 |
| Total expenses | $182,614 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,114 |
| Other assets | $0 |
| Total assets | $129,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,948 |