KREWE OF HEPHAESTUS INC

EIN: 320655952 Recreation & Sports

MORGAN CITY, LA

Total Revenue
$198,554
Total Expenses
$189,326
Total Assets
$29,763
Net Assets
$29,763
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
LA
Principal Officer
VALERIE H LEBLANC
Phone
9853842055
Tax Period
2024-06-01 to 2025-05-31

KREWE OF HEPHAESTUS INC, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $199K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $189K left a modest 5% surplus.

Mission

PRESERVE THE MARDI GRAS TRADITIONS: THE SATURDAY BEFORE MARDI GRAS, THE KREWE OF HEPHAESTUS WILL HOLD AN ANNUAL MARDI GRAS BALL, WHERE ITS MEMBERS AND GUESTS PARTICIPATE IN A MARDI GRAS REVELRY AT THE MORGAN CITY AUDITORIUM FROM 7 PM UNTIL 2 AM. THE MONDAY BEFORE MARDI GRAS, THE KREWE HOLDS A CHILI PARTY FOR ITS MEMBERS AND COURT AT A MEMBER'S HOME OR BUSINESS. ON MARDI GRAS DAY THE KREWE AND ITS GUEST RIDERS PARADE THROUGH THE STREETS OF MORGAN CITY THROWING TRINKETS AND OTHER ITEMS TO THE GENERAL PUBLIC. THE PARADE BEGINS AT 2 PM RUNNING THROUGH APPROXIMATELY 4:30 PM WHERE IT ENDS AT THE MORGAN CITY MUNICIPAL AUDITORIUM WHERE IT'S MEMBERS AND GUESTS HAVE AN AFTER PARADE DANCE AND SOCIAL. ON THE TWELFTH NIGHT AFTER CHRISTMAS, THE KREWE GENERALLY HOLDS A QUEEN'S PARTY WHERE THE QUEEN INVITES THE COURT AND HER GUESTS TO CELEBRATE THE BEGINNING OF MARDI GRAS SEASON.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $186,254
Investment Income $0
Other Revenue $12,300
TOTAL REVENUE $198,554

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $189,326
TOTAL EXPENSES $189,326

Year-over-Year Comparison

2024 2023 Change
Revenue $198,554 $166,782 +0.2%
Expenses $189,326 $173,699 +0.1%
Net Income $9,228 $-6,917 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE G AUCOIN DIRECTOR 3.00
Director
$0 $0 $0
GERARD J BOURGEOIS DIRECTOR 1.00
Director
$0 $0 $0
ROSALYN T CONRAD DIRECTOR 3.00
Director
$0 $0 $0
GREG J HAMER DIRECTOR 1.00
Director
$0 $0 $0
LISA R HEBERT SECRETARY 3.00
Officer Director
$0 $0 $0
KIM C HERNANDEZ DIRECTOR 3.00
Director
$0 $0 $0
TRACIE H HOVER TREASURER 3.00
Officer Director
$0 $0 $0
VALERIE H LEBLANC PRESIDENT 9.00
Officer Director
$0 $0 $0
JENNIFER B LOUPE DIRECTOR 3.00
Director
$0 $0 $0
DAVID S PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
DRAKE STANSBURY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL S WISE DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $198,554 $189,326 $29,763 $9,228
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