Civic Intelligence

Arabian Festivals Inc

990 • Fiscal year 2012 • EIN 06-1668871

Jan 01, 2012 to Dec 31, 2012 • Filed on Jul 10, 2013

P O Box 51753201
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.00x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

34th percentile

-6.7%

Faster asset growth than 34% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$21,997

Down $1,583 (-6.7%) from 2011

Net Assets

Down

$21,997

Down $1,583 (-6.7%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,583

Down $1,438 (-48%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2010: $23,066Liabilities 2010: $0Net Assets 2010: $23,0662010Assets 2011: $23,580Liabilities 2011: $0Net Assets 2011: $23,5802011Assets 2012: $21,997Liabilities 2012: $0Net Assets 2012: $21,9972012Assets 2013: $16,340Liabilities 2013: $0Net Assets 2013: $16,3402013Assets 2014: $915Liabilities 2014: $0Net Assets 2014: $9152014

Highlighted filing

2012

Assets$21,997
Liabilities$0
Net Assets$21,997

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KExpenses 2010: $125,5052010Expenses 2011: $3,0212011Expenses 2012: $1,5832012Revenue 2013: $327Expenses 2013: $5,984Net Income 2013: -$5,6572013Revenue 2014: $108,072Expenses 2014: $123,497Net Income 2014: -$15,4252014

Highlighted filing

2012

Revenue-
Expenses$1,583
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Jul 10, 2013
Return Version
2012v2.0
Gross Receipts
$0
Mission and Program Overview

Mission

Arabian Festivals, Inc. is a non-political, non-religious, non-profit organization dedicated to fostering a better understanding and appreciation of Arab people and their rich cultural heritage.Through networking, educational programs, festivals, and other events, the American public will experience our culture, traditions, history and values, while a sense of community and cohesiveness is promoted among Arab Americans.With our economic success, we hope to establish an Arab Community Center to communicate our culture and a Scholarship Fund to provide assistance to needy students.

Filing and Contact Details

Filer

EIN
06-1668871
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IRS990ScheduleO/GeneralExplanation/Explanation0No documents available to the public.
IRS990ScheduleO/GeneralExplanation/Explanation1Annually all officers, directors, committee members, staff members and certain consultants are asked to sign a conflict of interest statement and disclose all potentiallly conflicting relationships. Any violations of the conflict of interest policy will be handled with the appropriate disciplinary and corrective actions.
IRS990ScheduleO/GeneralExplanation/Explanation2The officers of the board of directors review and approve Form 990 prior to submission.
IRS990ScheduleO/GeneralExplanation/Explanation3The president, Ihsan Atta, and treasurer, Heather Nelson, are married.The secretary, Bara Omair, is the sister of the director, Mohammed Omari.
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IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 11b
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 2
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IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
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ReturnHeader/Filer/Name/BusinessNameLine10ARABIAN FESTIVALS INC
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ReturnHeader/Filer/Phone08889122722
ReturnHeader/Filer/USAddress/AddressLine10P O BOX 517
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ReturnHeader/Officer/DateSigned02013-07-10
ReturnHeader/Officer/Name0IHSAN ATTA
ReturnHeader/Officer/Title0President
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Hau & Associates SC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101208 W Layton Ave
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Milwaukee
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0WI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode053221
ReturnHeader/Preparer/Name0Sherry Reisenauer CPA
ReturnHeader/Preparer/Phone04142829000
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-07-10T12:20:54-07:00

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