Blue Krewe FY2022 filing

Tax-deductible

New Orleans, LA501(c)(3)Community DevelopmentEIN 85-2350272Revenue $1.8M in FY2022

On file with the IRSbluekrewe.org420 N White St, 70119-5542 · New Orleans, LATax-exempt since Sep 2020Publicly supported — 509(a)(2)

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The mission of Blue Krewe is to provide the Greater New Orleans region with equitable shared mobility solutions that are rooted in our community and supportive of our community.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$125K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $98K a year · 6% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $21K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$328K
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+10% vs prior year
Spent
$1.5M
To programs
71%
Net assets
$949K
By yearFY2020–FY2024
Revenue
$1.8M
FY2022▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$89K
FY2021$1.7M
FY2022$1.8M
FY2023$1.9M
FY2024$1.5M
Expenses
$1.5M
FY2022▲ +43%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$1.1M
FY2022$1.5M
FY2023$1.9M
FY2024$2.0M
Net assets
$949K
FY2022▲ +50%
Tap a bar for its year
Net assets by fiscal year
FY2020$43K
FY2021$634K
FY2022$949K
FY2023$940K
FY2024$422K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $1.1M Management & general 27% · $412K Fundraising 2% · $34K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$124,788Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Geoff Coats’s $61K as Chief Executive Officer is at the 6th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Geoff Coats$61,087$115,500$124,788$114,808$25,000
Leo Fraser$20,679————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers shared rides and transportation options for the New Orleans community.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2022
01

Provide the Greater New Orleans region with equitable shared mobility solutions that are rooted in our community through the operations and management of the Blue Bikes bike share system in the city of New Orleans.

$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$21K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$978K
Gifts and grantsLn 1h$859K
Other incomeLn 4–11$9K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.1M
Managementcol C$412K
Fundraisingcol D$34K
Owns and owesPt X
$949K
net assets · Ln 32
Cash and savingsLn 1–2$455K
Total assetsLn 16$1.3M
LiabilitiesLn 26$328K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$859K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$978K
Investment incomeLn 3$1K
Other incomeLn 4–11$9K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$455K
SavingsLn 2$0
Cash and savings togetherLn 1–2$455K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$7K
Other assetsLn 15$705K
Total assetsLn 16$1.3M
LiabilitiesLn 26$328K
Net assetsLn 32$949K
OperationsPt I, VI
EmployeesI 522
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$303K$455K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$9K$7K
Total assetsLn 16$663K$1.3M
LiabilitiesLn 26$29K$328K
Net assetsLn 32$634K$949K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$114K$66K$43K$6K
Other salaries and wagesLn 7$519K$297K$193K$28K
Other employee benefitsLn 9$26K$14K$12K$0
Payroll taxesLn 10$52K$31K$21K$0
Accounting feesLn 11c$15K$15K$0
Other fees for servicesLn 11g$6K$0$6K$0
Advertising and promotionLn 12$10K$8K$3K$0
Office expensesLn 13$17K$0$17K$0
OccupancyLn 16$98K$98K$0$0
InterestLn 20$5K$0$5K$0
Depreciation, depletion and amortizationLn 22$169K$169K$0$0
InsuranceLn 23$70K$63K$7K$0
Other expenses (24a–d)Ln 24$433K$341K$92K$0
All other expensesLn 24e$62$0$62$0
Total functional expensesLn 25$1.5M$1.1M$412K$34K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$2.0M−$543K$422K 990 PDF
FY2023 $1.9M$1.9M$12K$940K 990 PDF
FY2022 Viewing $1.8M$1.5M$315K$949K 990 PDF
FY2021 $1.7M$1.1M$609K$634K 990 PDF
FY2020 $89K$43K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $1,847,692 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,318,664$858,970
I-9 Program service revenuePrior year $360,665$978,209
I-10 Investment incomePrior year $0$1,477
I-11 Other revenuePrior year $734$9,036
I-12 Total revenuePrior year $1,680,063$1,847,692
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $290,162$710,917
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $780,853$821,763
I-18 Total expensesPrior year $1,071,015$1,532,680
I-19 Revenue less expensesPrior year $609,048$315,012
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,847,692 across 11 lines filed
Lines not itemized here account for $987,245 of total revenue; see the IRS return.
VIII-1a Federated campaigns$42,970
VIII-1b Membership dues$6,000
VIII-1c Fundraising events$0
VIII-1d Related organizations$810,000
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$858,970
VIII-3 Investment incomeRelated to mission $1,477 · Unrelated business $0 · Excluded from tax $0$1,477
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $988,722 · Unrelated business $0 · Excluded from tax $0$1,847,692
Part IX · Statement of functional expenses $1,532,680 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $65,523 · Management $42,609 · Fundraising $6,158$114,290
IX-7 Other salaries and wagesPrograms $297,391 · Management $193,391 · Fundraising $27,950$518,732
IX-9 Other employee benefitsPrograms $14,303 · Management $11,936 · Fundraising $0$26,239
IX-10 Payroll taxesPrograms $30,789 · Management $20,867 · Fundraising $0$51,656
IX-11c Accounting feesManagement $14,750 · Fundraising $0$14,750
IX-11g Other fees for servicesPrograms $0 · Management $5,566 · Fundraising $0$5,566
IX-12 Advertising and promotionPrograms $7,746 · Management $2,752 · Fundraising $0$10,498
IX-13 Office expensesPrograms $0 · Management $16,732 · Fundraising $0$16,732
IX-16 OccupancyPrograms $97,775 · Management $0 · Fundraising $0$97,775
IX-20 InterestPrograms $0 · Management $4,846 · Fundraising $0$4,846
IX-22 Depreciation, depletion and amortizationPrograms $168,884 · Management $0 · Fundraising $0$168,884
IX-23 InsurancePrograms $63,384 · Management $6,577 · Fundraising $0$69,961
IX-24 Other expenses (24a–d)Programs $340,693 · Management $91,996 · Fundraising $0$432,689
IX-24e All other expensesPrograms $0 · Management $62 · Fundraising $0$62
IX-25 Total functional expensesPrograms $1,086,488 · Management $412,084 · Fundraising $34,108$1,532,680
Part X · Balance sheet $1,276,931 assets, 23 lines filed
X-1 Cash, non-interest-bearingStart of year $303,384$455,251
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $30,000$0
X-4 Accounts receivableStart of year $69,754$95,814
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $244,200$14,089
X-10c Land, buildings and equipment, netStart of year $8,960$7,138
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $6,312$704,639
X-16 Total assetsStart of year $662,610$1,276,931
X-17 Accounts payable and accrued expensesStart of year $28,954$25,898
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-25 Other liabilities$302,365
X-26 Total liabilitiesStart of year $28,954$328,263
X-27 Net assets without donor restrictionsStart of year $633,656$948,668
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $633,656$948,668
X-33 Total liabilities and net assetsStart of year $662,610$1,276,931
Part XI · Reconciliation of net assets $948,668 net assets at year end
XI-1 Total revenue$1,847,692
XI-2 Total expenses$1,532,680
XI-3 Revenue less expenses$315,012
XI-4 Net assets at start of year$633,656
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$948,668

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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