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Passes our checks

Krewe of St Andrews Inc

EIN 20-1568457 · Panama City, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak44 out of 100GovernanceFair59 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO FOCUS POSITIVE ATTENTION ON HISTORIC ST. ANDREWS BY BRINGING PEOPLE INTO THE AREA TO ENJOY THE MARDI GRAS PARADE AS WELL AS TO GENERATE FUNDS TO BE INVESTED IN IMPROVING HISTORIC ST. ANDREWS.

Income
$387,951
Spending
$428,683
Spent on programs
95%
Reserves
-6.2 months of spending
Largest source of income
donations and private grants, 67%
Employees
0
Volunteers
217

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 44 out of 100. Higher than 8% of charities in its peer group (recreation and sports, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 49% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 10% of income.

  • Income trend

    15 of 15

    Income rose 532% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 59 out of 100. Higher than 46% of charities in its peer group (recreation and sports, $250k to $1m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $386,624 spent. MARDI GRAS FESTIVAL - THE ST. ANDREWS MARDI GRAS IS A THREE-DAY PARADE AND FESTIVAL THAT DRAWS A CROWD OF APPROXIMATELY 50,000 PEOPLE. THIS ORGANIZATION PROVIDES MARDI GRAS EVENTS FOR HISTORIC ST. ANDREWS, PERFORMS COMMUNITY SERVICES, AND ENGAGES IN BENEVOLENT PROGRAMS. FUNDS THAT WERE RAISED BY THIS EVENT PROVIDED FINANCIAL SUPPORT FOR EDUCATIONAL SCHOLARSHIPS.
  2. $22,039 spent. DEN BUILDING - THE DEN BUILDING AND FLOAT BUILDING ARE MADE AVAILABLE TO THE PUBLIC FOR FLOAT CONSTRUCTION, DINNERS, AND CONCESSIONS YEAR-ROUND AND IN SUPPORT OF THE MARDI GRAS FESTIVAL. THE ORGANIZATION HAS OVER 200 MEMBERS. FUNDS THAT WERE RAISED BY THESE ACTIVITIES PROVIDED FINANCIAL SUPPORT FOR ST. ANDREWS PUBLIC PROJECTS, ASSOCIATION OF ST. JUDE, GCSC ATHLETIC DEPT., ANCHORAGE CHILDREN'S HOME, AND SALTY PET FOUNDATION. FUNDS THAT WERE RAISED BY THIS EVENT PROVIDED FINANCIAL SUPPORT FOR EDUCATIONAL SCHOLARSHIPS FOR PEOPLE RETURNING TO SCHOOL (MUST BE AT LEAST 23). SCHOLARSHIPS TOTALING $7,350 WERE GRANTED TO SEVEN PEOPLE.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2005.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.