Civic Intelligence

Cleveland Special Events Corporation

EIN 20-4951670 • 501(c)3 • Cleveland, OH

Profile

The organization promotes the social welfare of the community by promoting economic/business development in ne ohio, cleveland & akron by hosting the 2014 gay games. Specifically, it arranges for, assists in, helps defray the cost of and assumes responsibility for the logistical, operational, security and other support services essential to the operation of the 2014 gay games.

334 Euclid Ave 100 No 203Cleveland, OH 44114-2207

www.gg9cle.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$0

Down $17,431 (-100%) from 2014

Liabilities

Down

$0

Down $17,431 (-100%) from 2014

Net Assets

Flat

$0

Flat from 2014

Revenue

Down

$0

Down $2,615,383 (-100%) from 2014

Expenses

Down

$0

Down $3,530,881 (-100%) from 2014

Net Income

Up

$0

Up $915,498 (+100%) from 2014

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $28,994Liabilities 2011: $142,385Net Assets 2011: -$113,3912011Assets 2012: $463,664Liabilities 2012: $213,443Net Assets 2012: $250,2212012Assets 2013: $1,388,295Liabilities 2013: $472,797Net Assets 2013: $915,4982013Assets 2014: $17,431Liabilities 2014: $17,431Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $212,170Expenses 2011: $326,123Net Income 2011: -$113,9532011Revenue 2012: $693,389Expenses 2012: $329,776Net Income 2012: $363,6132012Revenue 2013: $1,538,862Expenses 2013: $873,585Net Income 2013: $665,2772013Revenue 2014: $2,615,383Expenses 2014: $3,530,881Net Income 2014: -$915,4982014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015

Highlighted filing

2015

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Jun 15, 2015
Signed
Apr 20, 2016
Return Version
2015v2.1
Gross Receipts
$0
Mission and Program Overview

Mission

The organization promotes the social welfare of the community by promoting economic/business development in ne ohio, cleveland & akron by hosting the 2014 gay games. Specifically, it arranges for, assists in, helps defray the cost of and assumes responsibility for the logistical, operational, security and other support services essential to the operation of the 2014 gay games.

The gay games creates the world's largest lgbt multi-sport event every four years. The games follow the principles of participation, inclusion and personal best. They are designed to bring together the global community in friendship to experience participation, to elevate consciousness and self-esteem, and to achieve a form of cultural and intellectual collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,431$0▼ $17,431
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$17,431$0▼ $17,431
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$15,957--
Other Liabilities$1,474$0▼ $1,474
Total Liabilities$17,431$0▼ $17,431
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$17,431$0▼ $17,431
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen SokanyBoard Co-chair, Executive
Alfred CowgerSecretary & General Legal
Chris PanekTreasurer, Executive Commi
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The company mission ended after the games and the organization filed a certificate of dissolution with the state of ohio.

Form 990, Part VI, Section B, Line 11

The 2015 990 was reviewed by the board of directors.

Form 990, Part VI, Section B, Line 12C

All employees and directors are required to sign the conflict of interest policy. The policy is monitored by the the board of directors.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Cleveland Special Events Corporation
EIN
20-4951670
Phone
2163631444
Address
334 EUCLID AVE 100 NO 203, CLEVELAND, OH 44114-2207
Doing Business As
Gay Games 9

Signing Officer

Name
Bethann Sedam
Title
Director of Finance
Phone
2163631444
Signed
2016-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bethann Sedam
Formed
2007
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Bruner Cox Llp
Address
388 S MAIN STREET SUITE 403, AKRON, OH 44311
Preparer
Lisa M Hilling
Phone
3303760100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The gay games 9 concluded in 2014 and the organization was dissolved in 2015.

Raw XML Appendix312 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.

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IRS990/ActivityOrMissionDesc0THE GAY GAMES CREATES THE WORLD'S LARGEST LGBT MULTI-SPORT EVENT EVERY FOUR YEARS. THE GAMES FOLLOW THE PRINCIPLES OF PARTICIPATION, INCLUSION AND PERSONAL BEST. THEY ARE DESIGNED TO BRING TOGETHER THE GLOBAL COMMUNITY IN FRIENDSHIP TO EXPERIENCE PARTICIPATION, TO ELEVATE CONSCIOUSNESS AND SELF-ESTEEM, AND TO ACHIEVE A FORM OF CULTURAL AND INTELLECTUAL COLLABORATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CO-CHAIR, EXECUTIVE
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IRS990/MissionDesc0THE ORGANIZATION PROMOTES THE SOCIAL WELFARE OF THE COMMUNITY BY PROMOTING ECONOMIC/BUSINESS DEVELOPMENT IN NE OHIO, CLEVELAND & AKRON BY HOSTING THE 2014 GAY GAMES. SPECIFICALLY, IT ARRANGES FOR, ASSISTS IN, HELPS DEFRAY THE COST OF AND ASSUMES RESPONSIBILITY FOR THE LOGISTICAL, OPERATIONAL, SECURITY AND OTHER SUPPORT SERVICES ESSENTIAL TO THE OPERATION OF THE 2014 GAY GAMES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE CURRENT YEAR WAS A SHORT YEAR. THE ORGANIZATION WAS DISSOLVED JUNE 15, 2015.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GAY GAMES 9 CONCLUDED IN 2014 AND THE ORGANIZATION WAS DISSOLVED IN 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPANY MISSION ENDED AFTER THE GAMES AND THE ORGANIZATION FILED A CERTIFICATE OF DISSOLUTION WITH THE STATE OF OHIO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 2015 990 WAS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL EMPLOYEES AND DIRECTORS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. THE POLICY IS MONITORED BY THE THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST.
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum02163631444
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLEVELAND SPECIAL EVENTS CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0CLEV
ReturnHeader/Filer/EIN0204951670
ReturnHeader/Filer/PhoneNum02163631444
ReturnHeader/Filer/USAddress/AddressLine1Txt0334 EUCLID AVE 100 NO 203
ReturnHeader/Filer/USAddress/CityNm0CLEVELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0441142207
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0340641962
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUNER COX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0388 S MAIN STREET SUITE 403
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AKRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044311
ReturnHeader/PreparerPersonGrp/PhoneNum03303760100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA M HILLING
ReturnHeader/ReturnTs02016-04-28T15:10:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-06-15
ReturnHeader/TaxYr02015

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