Krewe of Friendship Inc

EIN: 721507248 Recreation & Sports

Kenner, LA

Total Revenue
$207,021
Total Expenses
$254,348
Total Assets
$369,648
Net Assets
$369,648
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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
1982
Legal Domicile
LA
Principal Officer
Diane B Brown
Phone
5047823456
Tax Period
2023-01-01 to 2023-12-31

Krewe of Friendship Inc, founded in 1982, is a small nonprofit in the Recreation & Sports sector that reported $207K in total revenue in fiscal year 2023. Expenses of $254K exceeded revenue, resulting in a 23% operating deficit.

Mission

To promote tourism with an annual Mardi Gras Ball and 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $99,575
Program Service Revenue $15,844
Investment Income $0
Other Revenue $91,602
TOTAL REVENUE $207,021

Expense Breakdown

Grants Paid $2,200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $241,147
Other Expenses $252,148
TOTAL EXPENSES $254,348

Year-over-Year Comparison

2023 2022 Change
Revenue $207,021 $194,546 +0.1%
Expenses $254,348 $261,506 0.0%
Net Income $-47,327 $-66,960 -0.3%
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

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Governance

Voting Members
2
Independent Members
N/A
Employees
17
Volunteers
30

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diane B Brown President 020.00
Officer
$0 $0 $0
Melissa B Hildreth Secretary-Treasurer 020.00
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $207,021 $254,348 $369,648 $-47,327
2022 $194,546 $261,506 $416,975 $-66,960
2021 $226,197 $23,082 $483,935 $203,115
2020 $174,619 $157,784 $280,820 $16,835
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