Civic Intelligence

Golden Pyramid Inc

990 • Fiscal year 2016 • EIN 61-1817428

Apr 01, 2015 to Mar 31, 2016 • Filed on Apr 06, 2017

1215 Prytania Street No 309New Orleans, LA 70130

(504) 525-8639

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.06x

Higher debt load relative to assets than 27% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

0.04x

Higher debt load relative to revenue than 18% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

53rd percentile

4.6%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$1,170,242

No earlier filing loaded for comparison.

Net Assets

$1,100,542

No earlier filing loaded for comparison.

Liabilities

$69,700

No earlier filing loaded for comparison.

Revenue

$1,902,954

No earlier filing loaded for comparison.

Expenses

$1,816,346

No earlier filing loaded for comparison.

Net Income

$86,608

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2016: $1,170,242Liabilities 2016: $69,700Net Assets 2016: $1,100,5422016Assets 2017: $1,184,772Liabilities 2017: $16,572Net Assets 2017: $1,168,2002017Assets 2018: $1,319,611Liabilities 2018: $2,492Net Assets 2018: $1,317,1192018Assets 2019: $1,346,592Liabilities 2019: $11,245Net Assets 2019: $1,335,3472019Assets 2020: $1,493,277Liabilities 2020: $32,551Net Assets 2020: $1,460,7262020Assets 2021: $1,664,618Liabilities 2021: $2,188Net Assets 2021: $1,662,4302021Assets 2022: $1,565,604Liabilities 2022: $13,195Net Assets 2022: $1,552,4092022Assets 2023: $1,768,035Liabilities 2023: $27,855Net Assets 2023: $1,740,1802023Assets 2024: $2,207,831Liabilities 2024: $11,640Net Assets 2024: $2,196,1912024Assets 2025: $2,464,620Liabilities 2025: $26,473Net Assets 2025: $2,438,1472025

Highlighted filing

2016

Assets$1,170,242
Liabilities$69,700
Net Assets$1,100,542

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $1,902,954Expenses 2016: $1,816,346Net Income 2016: $86,6082016Revenue 2017: $1,921,462Expenses 2017: $1,853,804Net Income 2017: $67,6582017Revenue 2018: $2,318,627Expenses 2018: $2,169,708Net Income 2018: $148,9192018Revenue 2019: $2,290,893Expenses 2019: $2,272,665Net Income 2019: $18,2282019Revenue 2020: $2,563,324Expenses 2020: $2,437,945Net Income 2020: $125,3792020Revenue 2021: $1,271,583Expenses 2021: $1,069,879Net Income 2021: $201,7042021Revenue 2022: $1,755,561Expenses 2022: $1,865,582Net Income 2022: -$110,0212022Revenue 2023: $3,208,173Expenses 2023: $3,020,402Net Income 2023: $187,7712023Revenue 2024: $3,459,954Expenses 2024: $3,003,943Net Income 2024: $456,0112024Revenue 2025: $3,651,998Expenses 2025: $3,410,042Net Income 2025: $241,9562025

Highlighted filing

2016

Revenue$1,902,954
Expenses$1,816,346
Net Income$86,608
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Apr 6, 2017
Return Version
2015v3.0
Gross Receipts
$1,902,954
Mission and Program Overview

Mission

Celebrating and promoting Mardi Gras and the City of New Orleans by way of a Parade, Ball, and other means.

Annual carnival parade for the benefit of the public in New Orleans at no cost to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$1,100,542▲ $1,100,542
Land, Buildings, and Equipment, Net$0$982,962▲ $982,962
Cash and Non-Interest-Bearing Accounts-$122,056-
Savings and Temporary Cash Investments-$65,224-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$1,170,242▲ $1,170,242
Liabilities
Mortgage Notes Payable Secured by Investment Property-$69,700-
Accounts Payable and Accrued Expenses-$0-
Total Liabilities$0$69,700▲ $69,700
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$1,100,542▲ $1,100,542
Total Liabilities and Net Assets / Fund Balance$0$1,170,242▲ $1,170,242

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$356,218$734,894$1,091,112
Buildings$452,744$184,256$637,000
Land$174,000-$174,000
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,902,934
Investment Income
$20
Other Revenue
$0
Change in Net Assets
$86,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,816,153
Grants and Similar Amounts Paid$193
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$199,230--$199,230
Other Expenses$522,291$88,306-$88,306
Depreciation Depletion$80,275--$80,275
Insurance$31,397--$31,397
Advertising$2,246--$2,246
Grants to Domestic Orgs$193--$193
Total Functional Expenses$1,728,040$88,306$0$1,816,346
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Pendleton LarsenDirectorSale of Mardi Gras throws to the Organization.No$458,201
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

David Larsen is the brother of Pendleton Larsen, and Carmello Tessitore is the brother of John Tessitore.

Form 990, Part VI, Section B, line 11

The completed form 990 is submitted to the Board for review before it is signed by an authorized officer and filed.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Golden Pyramid Inc
EIN
61-1817428
Phone
5045258639
Address
1215 Prytania Street No 309, New Orleans, LA 70130

Signing Officer

Name
Walter Schwander
Title
President
Phone
5045258639
Signed
2017-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Schwander
Formed
2015
Legal Domicile
La
Voting Board Members
10
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Van Dam & Geeck LLC
Address
1215 Prytania St Ste 325, New Orleans, LA 70130
Preparer
Joseph A Geeck
Phone
5045258639
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Equity Succession 1,013,934.

Raw XML Appendix379 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/AdvertisingGrp/TotalAmt02246
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Joseph A Geeck
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
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IRS990/Form990PartVIISectionAGrp/PersonNm1Raymond Carreras
IRS990/Form990PartVIISectionAGrp/PersonNm2Timothy Melancon
IRS990/Form990PartVIISectionAGrp/PersonNm3John Tessitore
IRS990/Form990PartVIISectionAGrp/PersonNm4William Dantagnan
IRS990/Form990PartVIISectionAGrp/PersonNm5Carmello Tessitore
IRS990/Form990PartVIISectionAGrp/PersonNm6David Larsen
IRS990/Form990PartVIISectionAGrp/PersonNm7Gerald Scheuermann
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Sale of Mardi Gras throws to the Organization.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0David Larsen is the brother of Pendleton Larsen, and Carmello Tessitore is the brother of John Tessitore.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The completed form 990 is submitted to the Board for review before it is signed by an authorized officer and filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equity Succession 1,013,934.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Golden Pyramid LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1Golden Pyramid LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Mardi Gras Preservation Society LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1Pyramid Floats LLC
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IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1Float Ownership
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01215 Prytania Street Suite 309
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt11215 Prytania Street Suite 309
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0New Orleans
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1New Orleans
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IRS990/TypeOfOrganizationAssocInd0X
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IRS990/WebsiteAddressTxt0www.thothkrewe.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Walter Schwander
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05045258639
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Golden Pyramid Inc
ReturnHeader/Filer/BusinessNameControlTxt0GOLD
ReturnHeader/Filer/EIN0611817428
ReturnHeader/Filer/PhoneNum05045258639
ReturnHeader/Filer/USAddress/AddressLine1Txt01215 Prytania Street No 309
ReturnHeader/Filer/USAddress/CityNm0New Orleans
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070130
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204680327
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Van Dam & Geeck LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01215 Prytania St Ste 325
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Orleans
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070130
ReturnHeader/PreparerPersonGrp/PhoneNum05045258639
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph A Geeck
ReturnHeader/ReturnTs02017-04-06T07:02:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-04-01
ReturnHeader/TaxPeriodEndDt02016-03-31
ReturnHeader/TaxYr02015

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