Krewe Of Iris 1917 Inc
- Assets
- $9.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- New Orleans, LA
- Founding
- 09/2014
- Data as of
- 02/2022
- EIN
- 46-5141462
Organization Overview
Krewe Of Iris 1917 Inc is located in New Orleans, LA. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 02/2022, Krewe Of Iris 1917 Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krewe Of Iris 1917 Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 02/2022, Krewe Of Iris 1917 Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.8m during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT SOCIAL CLUB FOR MARDI GRAS RELATED ACTIVITIES, WHICH IS A YEAR ROUND EVENT IN AND AROUND THE CITY OF NEW ORLEANS AND METAIRIE, LOUISIANA. IN ADDITION, THE SOCIAL CLUB WILL PARTICIPATE IN CHARITABLE AND CIVIC ORGANIZATIONS IN THE METRO NEW ORLEANS AREA, DIRECTLY CONTRIBUTING TO PROJECT RAINTREE, A GROUP HOME FOR HOMELESS MOTHERS AND CHILDRENS' HOSPITAL IN NEW ORLEANS. ALL MEMBERS WILL BE REQUIRED TO PARTICIPATE IN THESE CHARITABLE EVENTS WITH 100% OF THE PROCEEDS FROM FUNDRAISERS GOING TO CHARITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Danflous Captain | Officer | 40 | $177,800 |
Pam Pickett General Char | Officer | 40 | $165,475 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $175,531 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,176,826 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,352,357 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,352,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $343,275 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,366 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $96,972 |
| All other expenses | $227,415 |
| Total functional expenses | $1,772,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,935,322 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,055,400 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,990,722 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,732,064 |
| Other liabilities | $5,021 |
| Total liabilities | $4,737,085 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $4,253,637 |
| Total liabilities and net assets/fund balances | $8,990,722 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Royal Oaks Country Club Houston Inc Houston, TX | $19,086,755 | $12,146,448 |
Pga Foundation Inc Frisco, TX | $10,335,378 | $11,672,366 |
Krewe Of Iris 1917 Inc New Orleans, LA | $8,990,722 | $1,352,357 |
San Antonio Force San Antonio, TX | $1,148,323 | $1,942,632 |
Carrollton Booster Club New Orleans, LA | $1,702,928 | $1,827,261 |
National Football Foundation And College Hall Of Fame Inc Irving, TX | $2,253,173 | $1,342,383 |
Alliance Air Productions fort worth, TX | $338,424 | $1,047,956 |
Usa Federation For Sport Cheering Dallas, TX | $1,264,877 | $1,265,958 |
Mcsp Inc San Antonio, TX | $130,586 | $836,342 |
Mississippi Futbol Club Madison, MS | $455,782 | $984,028 |
Ghisallo Cycling Initiative Austin, TX | $1,122,255 | $854,661 |
Ward County Senior Citizens Center Monahans, TX | $173,846 | $635,732 |