Krewe Of Amalee

The information for Krewe Of Amalee is as of the organization's most recent filing in June '20. This organization is located in Deland, FL and has been in existence for 12 years, following its founding in 2008.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Krewe of Amalee's NTEE code is T30. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "30" tells us that the organization is a Public Foundation. The NTEE describes Public Foundations as organizations that derive their funding or support primarily from the general public in carrying out their social, educational, religious or other charitable activities serving the common welfare. Although public foundations may provide direct charitable services to the public as other nonprofits do, their primary focus is on grantmaking.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Krewe of Amalee is to raise funds through the Mardi Gras on Mainstreet event and the Annual Krewe of Amalee Ball that will then be donated back to the community and local charities.

Program Areas

The Mardi Gras on Mainstreet and Krewe Ball events provide an opportunity to raise funds for the community and local charitable organizations.

Board Governance

The Krewe Of Amalee is a well-governed organization with a voting board of three members, all of whom are independent. Potential conflicts of interest do not exist, and the organization has not delegated its management to an outside firm. Board and committee meetings are documented, although the organization does not have a conflict of interest policy, a written whistleblower policy, a document retention policy, or a policy to substantiate and review leadership and officer salaries. Additionally, the organization does not provide copies of the 990 to the board prior to filing. Despite these shortcomings, the Krewe Of Amalee is a well-governed organization with a strong voting board.

Organization Growth

The Krewe Of Amalee has grown over the given time period, as evidenced by the increase in total revenue from $52.1K in 2015 to $228.9K in 2019. However, grant and investment income remained the same, while benefits paid to members were not meaningful over the same time period.