Grounds Krewe Nola Inc
- Assets
- $379.2k
- Revenue
- $283.0k
- Investments
- $0.0
- Employees
- 2
- Location
- New Orleans, LA
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 84-1839692
Organization Overview
Grounds Krewe Nola Inc is located in New Orleans, LA. The organization was established in 2019. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2023, Grounds Krewe Nola Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grounds Krewe Nola 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 12/2023, Grounds Krewe Nola Inc generated $283.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $152.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GROUNDS KREWE IS A 501(C)(3) NON-PROFIT WITH A MISSION TO PROMOTE WASTE PREVENTION, RECYCLING AND SUSTAINABLE PRODUCTS AT NEW ORLEANS SPECIAL EVENTS. OUR VISION IS TO HELP FOSTER A FESTIVAL CULTURE THAT RETAINS ALL OF ITS ENJOYMENT, WHILE HAVING THE LOWEST IMPACT POSSIBLE ON OUR COMMUNITY SPACES AND PLANET'S RESOURCES BY CREATING A SETTING IN WHICH ENVIRONMENTAL STEWARDSHIP IS BOTH CONVENIENT AND CONTAGIOUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERE ARE 2 PARTS TO THE RECYCLING PROGRAMMATIC WORK. (1) PARADE RECYCLING - THE "ON THE ROUTE" PARADE RECYCLING PROGRAM, NOW BRANDED "RECYCLE DAT!" IN PARTNERSHIP WITH THE CITY OF NEW ORLEANS AND SEVERAL OTHER LOCAL PARTNERS : RECYCLING HUBS AND STATIONS MADE AVAILABLE ALONG THE UPTOWN PARADE ROUTE ALLOW THE PUBLIC TO RECYCLE ALUMINUM CANS AND GLASS TO BENEFIT LOCAL NON-PROFITS AND DONATE UNWANTED THROWS TO ORGANIZATIONS LIKE ARCGNO. (2) FESTIVAL & EVENT RECYCLING - GROUNDS KREWE WORKS WITH FESTIVALS AND EVENTS TO IMPLEMENT ALUMINUM CAN AND PLASTIC BOTTLE RECYCLING PROGRAMS. THE NON-PROFIT PROVIDES RECYCLING EQUIPMENT AND BEST PRACTICE GUIDANCE FOR THE NEW ORLEANS JAZZ & HERITAGE FESTIVAL AND WORKS WITH MANY OTHER EVENTS AROUND THE CITY AND REGION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Brett Davis President | OfficerTrustee | 40 | $60,000 |
Jeffrey Schwartz Secretary | OfficerTrustee | 1 | $0 |
Jose Marin Treasurer | OfficerTrustee | 1 | $0 |
Blainey Kern Director | Trustee | 1 | $0 |
Theresa Young Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,684 |
| Total Program Service Revenue | $19,677 |
| 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 | $127,653 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $283,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,860 |
| 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. | $60,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30 |
| Fees for services: Accounting | $2,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,070 |
| Advertising and promotion | $3,556 |
| Office expenses | $3,278 |
| Information technology | $1,402 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,245 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $676 |
| Interest | $4 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,674 |
| Insurance | $5,963 |
| All other expenses | $277 |
| Total functional expenses | $152,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,715 |
| 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 | $143,399 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $44,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $379,241 |
| Accounts payable and accrued expenses | $6,671 |
| 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 | $0 |
| Other liabilities | $9,319 |
| Total liabilities | $15,990 |
| 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 | $363,251 |
| Total liabilities and net assets/fund balances | $379,241 |