Civic Intelligence

Lafesta Inc

EIN 04-3061154 • 501(c)3 • North Adams, MA

Profile

To nurture develop and conduct a high quality, family oriented ethnic festival of major attraction within the city of north adams and surrounding communities as to preserve the heritage, traditions and customs.

30 Williams StNorth Adams, MA 01247

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

25th percentile

-17%

Higher net margin than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

23rd percentile

-34%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

19%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$1,275

Down $656 (-34%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$1,275

Down $656 (-34%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin25th percentile

Revenue

Up

$3,833

Up $613 (+19%) from 2023

Expenses

Down

$4,489

Down $47 (-1.0%) from 2023

Net Income

Up

-$656

Up $660 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$10K$5.0K$0Assets 2017: $4,537Liabilities 2017: $0Net Assets 2017: $4,5372017Assets 2018: $5,892Liabilities 2018: $0Net Assets 2018: $5,8922018Assets 2019: $6,677Liabilities 2019: $0Net Assets 2019: $6,6772019Assets 2020: $8,863Liabilities 2020: $0Net Assets 2020: $8,8632020Assets 2021: $4,989Liabilities 2021: $0Net Assets 2021: $4,9892021Assets 2022: $3,247Liabilities 2022: $0Net Assets 2022: $3,2472022Assets 2023: $1,931Liabilities 2023: $0Net Assets 2023: $1,9312023Assets 2024: $1,275Liabilities 2024: $0Net Assets 2024: $1,2752024

Highlighted filing

2024

Assets$1,275
Liabilities$0
Net Assets$1,275
Open 2024 Filing

Operations Trend

Revenue Growth72nd percentile

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

$10K$5.0K$0-$5.0KRevenue 2017: $4,824Expenses 2017: $3,682Net Income 2017: $1,1422017Revenue 2018: $6,133Expenses 2018: $4,778Net Income 2018: $1,3552018Revenue 2019: $5,503Expenses 2019: $4,718Net Income 2019: $7852019Revenue 2020: $2,560Expenses 2020: $374Net Income 2020: $2,1862020Revenue 2021: $1,120Expenses 2021: $4,994Net Income 2021: -$3,8742021Revenue 2022: $3,625Expenses 2022: $5,367Net Income 2022: -$1,7422022Revenue 2023: $3,220Expenses 2023: $4,536Net Income 2023: -$1,3162023Revenue 2024: $3,833Expenses 2024: $4,489Net Income 2024: -$6562024

Highlighted filing

2024

Revenue$3,833
Expenses$4,489
Net Income-$656
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,275
Liabilities
$0
Net assets
$1,275
Revenue
$3,833
Expenses
$4,489
Net income
-$656
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,275$0$1,275$3,833$4,489$656
2023Detailed filing. Detailed filing data is available for this year.$1,931$0$1,931$3,220$4,536$1,316
2022Detailed filing. Detailed filing data is available for this year.$3,247$0$3,247$3,625$5,367$1,742
2021Detailed filing. Detailed filing data is available for this year.$4,989$0$4,989$1,120$4,994$3,874
2020Detailed filing. Detailed filing data is available for this year.$8,863$0$8,863$2,560$374$2,186
2019Detailed filing. Detailed filing data is available for this year.$6,677$0$6,677$5,503$4,718$785
2018Detailed filing. Detailed filing data is available for this year.$5,892$0$5,892$6,133$4,778$1,355
2017Detailed filing. Detailed filing data is available for this year.$4,537$0$4,537$4,824$3,682$1,142
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 16, 2025
Return Version
2024v5.1
Gross Receipts
$3,833
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
BASEBALL EXCHANGE BETWEEN YOUTH PLAYERS OF NORTH ADAMS AND OTHER CITIES AND TOWNS-$2,528
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN J LIPAPresident-$0--
DAWN C CANALESTreasurer-$0--
GEORGE CANALESVice President-$0--
ANTHONY SALTAMARTINIDirector-$0--
WILLIAM WISEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lafesta Inc
EIN
04-3061154
In Care Of
% DAWN CANALES
Phone
4138221579
Address
30 WILLIAMS ST, NORTH ADAMS, MA 01247

Signing Officer

Name
Dawn Canales
Title
Treasurer
Phone
4136622418
Signed
2025-04-16
Discuss with paid preparer
Yes

Preparer

Firm
Midtown Tax and Bookkeeping Co Inc
Address
44 Spring Street, Adams, MA 01220
Preparer
Jonathan Bermancpa
Phone
4137434933
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountt-shirts 1,470mass sos annual report fee 15”

Part III response or note to any other line in Part III

“Organizations primary exempt purpose: to nurture, develop and conduct a high quality, family oriented ethnic festival of major attraction within the city of north adams and surrounding communities as to preserve the heritage, traditions and customs.”

Raw XML Appendix161 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0DAWN C CANALES
IRS990EZ/BooksInCareOfDetail/PhoneNum04138221579
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt030 WILLIAMS ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH ADAMS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001247
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01931
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01275
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03833
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-656
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0476
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01931
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01275
IRS990EZ/GrossReceiptsAmt03833
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01931
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01931
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IRS990EZ/OccupancyRentUtltsAndMaintAmt02528
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN J LIPA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAWN C CANALES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GEORGE CANALES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANTHONY SALTAMARTINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WILLIAM WISE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01485
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BASEBALL EXCHANGE BETWEEN YOUTH PLAYERS OF NORTH ADAMS AND OTHER CITIES AND TOWNS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02528
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04489
IRS990EZ/TotalProgramServiceExpensesAmt02528
IRS990EZ/TotalRevenueAmt03833
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03833
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02820
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011363
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02025
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0570
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02995
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt014358
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03833
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02560
IRS990ScheduleA/Total509Grp/TotalAmt014358
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03833
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02560
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTT-SHIRTS 1,470MASS SOS ANNUAL REPORT FEE 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATIONS PRIMARY EXEMPT PURPOSE: TO NURTURE, DEVELOP AND CONDUCT A HIGH QUALITY, FAMILY ORIENTED ETHNIC FESTIVAL OF MAJOR ATTRACTION WITHIN THE CITY OF NORTH ADAMS AND SURROUNDING COMMUNITIES AS TO PRESERVE THE HERITAGE, TRADITIONS AND CUSTOMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III response or note to any other line in Part III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAWN CANALES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04136622418
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAFESTA INC
ReturnHeader/Filer/BusinessNameControlTxt0LAFE
ReturnHeader/Filer/EIN0043061154
ReturnHeader/Filer/InCareOfNm0% DAWN CANALES
ReturnHeader/Filer/PhoneNum04138221579
ReturnHeader/Filer/USAddress/AddressLine1Txt030 WILLIAMS ST
ReturnHeader/Filer/USAddress/CityNm0NORTH ADAMS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001247
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271314771
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 Spring Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Adams
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001220
ReturnHeader/PreparerPersonGrp/PhoneNum04137434933
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN BERMANCPA
ReturnHeader/ReturnTs02025-04-25T09:45:54-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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