Krewe of Bacchus Inc (EIN 720683938) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

George Schiaffino

Phone

5045250231

Tax Period

2024-05-01 to 2025-04-30

Krewe of Bacchus Inc, founded in 1968, is a community nonprofit that reported $7.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $7.0M left a modest 10% surplus.

Mission

MEMBERSHIP DUES AND ASSESSMENTS PROVIDE THE FUNDS NECESSARY FOR THE ORGANIZATION TO PUT ON PARADE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,647,149

Investment Income $83,979

Other Revenue $0

TOTAL REVENUE $7,731,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $269,399

Fundraising Expenses $0

Program Expenses $6,223,430

Other Expenses $6,687,262

TOTAL EXPENSES $6,956,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,731,128	$6,984,742	+0.1%
Expenses	$6,956,661	$6,562,863	+0.1%
Net Income	$774,467	$421,879	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

$152,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Blitch	Director	5.00	Director	$0	$0	$0
Robert Cangelosi Jr	Director	5.00	Director	$0	$0	$0
Carl Ducote	Director	5.00	Director	$0	$0	$0
Peter Moss Jr	Director	5.00	Director	$0	$0	$0
Joseph O'Connor	Director	5.00	Director	$0	$0	$0
Blake Brennan	Director	5.00	Director	$0	$0	$0
Clark Brennan	Director	5.00	Director	$0	$0	$0
Owen Brennan Jr	Director	5.00	Director	$0	$0	$0
Gregory Frederico	Director	5.00	Director	$0	$0	$0
Joseph Lepow	Director	5.00	Director	$0	$0	$0
Paul Prouet Jr	Director	5.00	Director	$0	$0	$0
David Mason	Director	5.00	Director	$0	$0	$0
George Schiaffino	Treasurer	5.00	Director	$0	$0	$0
Anthony Abadie	Director	5.00	Director	$0	$0	$0
Adrian Colon	Director	5.00	Director	$0	$0	$0
G Louis Young	Director	5.00	Director	$0	$0	$0
Ken Hamrick	Director	5.00	Director	$0	$0	$0
Jennifer Burke	Manager	40.00	Key Emp	$152,500	$0	$152,500

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	$7,731,128	$6,956,661	$6,146,166	$774,467
2024	$6,984,742	$6,562,863	$5,781,150	$421,879
2023	$6,979,188	$6,536,191	$5,333,872	$442,997
2022	$6,016,204	$5,640,565	$5,050,746	$375,639
2021	$545,032	$703,656	$5,988,150	$-158,624
2020	$5,969,658	$5,600,139	$5,209,535	$369,519
2019	$5,957,168	$5,836,865	$5,330,966	$120,303

Krewe of Bacchus Inc