Civic Intelligence

Krewe of Freret Inc

EIN 82-5263209 • 501(c)7 • New Orleans, LA

Profile

Betterment of the new orleans community in relations to the mardi gras holiday and local music industry and artists.

607 St Charles Avenue Ste 300New Orleans, LA 70130

kreweoffreret.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

47th percentile

3.8%

Higher net margin than 47% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

84th percentile

20%

Faster asset growth than 84% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$201,640

Up $33,217 (+20%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$201,640

Up $33,217 (+20%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin47th percentile

Revenue

Up

$884,759

Up $95,245 (+12%) from 2023

Expenses

Up

$851,542

Up $64,030 (+8.1%) from 2023

Net Income

Up

$33,217

Up $31,215 (+1559%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2018: $39,967Liabilities 2018: $02018Assets 2019: $76,276Liabilities 2019: $0Net Assets 2019: $76,2762019Assets 2020: $4,160Liabilities 2020: $0Net Assets 2020: $4,1602020Assets 2021: $23,632Liabilities 2021: $0Net Assets 2021: $23,6322021Assets 2022: $166,421Liabilities 2022: $0Net Assets 2022: $166,4212022Assets 2023: $168,423Liabilities 2023: $0Net Assets 2023: $168,4232023Assets 2024: $201,640Liabilities 2024: $0Net Assets 2024: $201,6402024

Highlighted filing

2024

Assets$201,640
Liabilities$0
Net Assets$201,640
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2018: $113,507Expenses 2018: $76,737Net Income 2018: $36,7702018Revenue 2019: $159,179Expenses 2019: $122,870Net Income 2019: $36,3092019Revenue 2020: $357,934Expenses 2020: $417,149Net Income 2020: -$59,2152020Revenue 2021: $36,025Expenses 2021: $16,553Net Income 2021: $19,4722021Revenue 2022: $984,052Expenses 2022: $841,263Net Income 2022: $142,7892022Revenue 2023: $789,514Expenses 2023: $787,512Net Income 2023: $2,0022023Revenue 2024: $884,759Expenses 2024: $851,542Net Income 2024: $33,2172024

Highlighted filing

2024

Revenue$884,759
Expenses$851,542
Net Income$33,217
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$201,640
Liabilities
$0
Net assets
$201,640
Revenue
$884,759
Expenses
$851,542
Net income
$33,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.02$0.00$2.02$8.85$8.52$0.33
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$7.90$7.88$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$9.84$8.41$1.43
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.36$0.17$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$3.58$4.17$0.59
2019Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.59$1.23$0.36
2018Summary only. Only limited summary data is available for this year.$0.40$0.00$1.14$0.77$0.37
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$884,759
Mission and Program Overview

Mission

Betterment of the new orleans community in relations to the mardi gras holiday and local music industry and artists.

Betterment of the new orleans community in relation to the mardi gras holiday and local music industry and artists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$168,423$201,640▲ $33,217
Total Assets$168,423$201,640▲ $33,217
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$168,423$201,640▲ $33,217
Total Net Assets Fund Balance$168,423$201,640▲ $33,217
Total Liabilities and Net Assets / Fund Balance$168,423$201,640▲ $33,217
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Bobby HjortsbergChairman
Brendan RyanDirector
Haley BowdenDirector
Kacie FayardDirector
Greg RhoadesSecretary
Dylan HoonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Blaine Kern Artists INCArtist1380 PORT OF NEW ORLEANS PLACE, New Orleans, LA 70130$562,070
Revenue and Support

Revenue Composition

Contributions and Grants
$884,759
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$33,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$850,867
Grants and Similar Amounts Paid$675
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$41,210
Insurance---$32,147
Office Expenses---$10,814
Information Technology---$3,208
Other Expenses$1,980--$1,980
Fees for Services Accounting---$825
Grants to Domestic Orgs---$675
Total Functional Expenses$0$0$0$851,542
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The form 990 is reviewed by the board members prior to filing.”

Governing documents etc available to public Part VI line 19

“Documents are available upon request”

Filing and Contact Details

Filer

Filer Name
Krewe of Freret Inc
EIN
82-5263209
In Care Of
% BOBBY HJORTSBERG
Phone
6319427723
Address
607 ST CHARLES AVENUE STE 300, NEW ORLEANS, LA 70130

Signing Officer

Name
Bobby Hjortsberg
Title
Chairman
Phone
6319427723
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dylan Hoon
Formed
2018
Legal Domicile
La
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Corcoran & Bernard CPAs LLC
Address
132 N Telemachus Street, New Orleans, LA 70119
Preparer
Jennifer Bernard
Phone
5043721504
Raw XML Appendix281 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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ReturnHeader/ReturnTs02025-10-29T16:09:44-04:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.