Krewe Of Olympus in Diamondhead, Mississippi (MS)

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Krewe Of Olympus
Employer Identification Number (EIN)208798271
Name of OrganizationKrewe Of Olympus
In Care of NameRobert M Meith
AddressPO BOX 6214, Diamondhead, MS 39525-6003
SubsectionPleasure, Recreational, or Social Club
Ruling Date12/2007
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period04/2014
Assets$10,000 to $24,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$17,551
Amount of Income$23,434
Form 990 Revenue Amount$4,830
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club


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Amount of income in 2014: $23,434 (it was $26,323 in 2013)
Krewe Of Olympus: 

 $23,434
Other organizations performing similar types of work: 

 $62,479

Assets in 2014: $17,551 (it was $18,446 in 2013)
This organization: 

 $17,551
Other organizations performing similar types of work: 

 $41,400

Expenses in 2014: $5,725
Krewe Of Olympus: 

 $5,725
Other organizations performing similar types of work: 

 $49,751

Income to expenses ratio in 2014: 4.1
Krewe Of Olympus: 

 4.1
Other organizations performing similar types of work: 

 0.9

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$4,667$5,779$4,830
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$12,650$15,122$13,350
Investment income$143$57$32
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$-8,126$-9,400$-8,552
Gross income from gaming$0$0$0
Gross income from fundraising events$8,238$11,144$10,052
Less: direct expenses from gaming and fundraising events$16,364$20,544$18,604
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$4,372$5,248$5,725
Total net assets$17,915$18,446$17,551
Excess/Deficit for the year$295$531$-895
Net assets or fund balances at beginning of year$17,620$17,915$18,446
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$18,446$17,551
Balance Sheets
201220132014
Total assets$17,915$18,446$17,551
Total liabilities$0$0$0
Net assets or fund balances$17,915$18,446$17,551
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Treasure Island Tennis & Yacht Club400 Treasure Island Cswy, Treasure Is, FL 33706-1131FL2007-10$3,103,974
2Tau Kappa Epsilon Fraternity Inc, 298 Iota Zeta Colony747 Comstock Ave, Syracuse, NY 13210-2820NY2004-02$249,224
3Twin Rivers Recreation Assn503 W Barton Ave, Greenwood, MS 38930-2107MS2002-02$671,672
4Mississippi Classic Cruisers IncPo Box 592, Madison, MS 39130MS2007-01$60,787
5Middle Fork Country Club IncPO BOX 580, Meadville, MS 39653-0580MS2014-09$44,261
6Mississippi Alpha Of Pi Beta Phi House Corporation106 Rhodes Dr, Hattiesburg, MS 39402-1222MS2014-02$15,957
7Msu Delta Chi Alumni AssociationPO BOX 790, Starkville, MS 39760-0790MS2012-08$11,849
844th Air Refueling Sqdn ReunionP O Box 494, Magee, MS 39111MS2000-04$0
9Antique Vehicle Club Of MississippiP O Box 55792, Jackson, MS 39296-5792MS2001-02$0
10Bayou Bounty Hunters IncP O Box 10026, Gulfport, MS 39505MS2004-11$0
11Big River Classics Inc744 Waters Dr, Madison, MS 39110MS2004-08$0
12Bradfield Family Reunion, None None5962 Holbrook Drive, Jackson Mississippi, MS 39206MS2005-08$0
13Coast Singles Of MississippiPo Box 7282, Diberville, MS 39540-7282MS2000-08$0
14Concerned Citizens For Youths Of George County2130 Geiger Rd, Lucedale, MS 39452MS2001-07$0
15Deep South Chip Collectors ClubPO BOX 946, Biloxi, MS 39533-0946MS2003-04$0
16Dixie Gulf Streamers324 Bay Park Dr, Brandon, MS 39047-6114MS2004-08$0
17Great Southern Dx AssociationPo Box 10143, Gulfport, MS 39505-0143MS2015-01$0
18Gulf Coast Rugby Union AssociationPO BOX 6981, Diberville, MS 39540-6901MS2014-06$0
19Hatttiesburgers In Paradise Parrothead Club4467 Old Highway 11, Purvis, MS 39475MS2014-07$0
20Krewe Of Dodah Inc909 Swordfish St, Pascagoula, MS 39581MS2006-11$0
Number of organizations performing similar types of work
Alaska51
Alabama146
Arkansas73
Arizona233
California1,398
Colorado245
Connecticut207
District of Columbia42
Delaware48
Florida770
Georgia222
Hawaii70
Iowa129
Idaho65
Illinois344
Indiana230
Kansas70
Kentucky136
Louisiana156
Massachusetts271
Maryland275
Maine70
Michigan383
Minnesota178
Missouri239
Mississippi43
Montana53
North Carolina261
North Dakota33
Nebraska53
New Hampshire83
New Jersey357
New Mexico62
Nevada97
New York650
Ohio422
Oklahoma84
Oregon203
Pennsylvania668
Rhode Island59
South Carolina168
South Dakota32
Tennessee143
Texas646
Utah62
Virginia337
Vermont55
Washington327
Wisconsin264
West Virginia67
Wyoming36
International6
Total11,322

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