Civic Intelligence

The Chamber Partnership for a Brighter Future

990EZ • Fiscal year 2019 • EIN 23-7249021

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 14, 2020

Organization Profile
1500 Central AveMiddletown, OH 45042

(513) 422-4551

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

48%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$140,181

Up $34,527 (+33%) from 2018

Net Assets

Up

$137,181

Up $31,527 (+30%) from 2018

Liabilities

Up

$3,000

Up $3,000 from 2018

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin81st percentile

Revenue

Up

$125,765

Up $40,569 (+48%) from 2018

Expenses

Down

$94,338

Down $21,355 (-18%) from 2018

Net Income

Up

$31,427

Up $61,924 (+203%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$300K$200K$100K$0Assets 2010: $67,680Liabilities 2010: $200Net Assets 2010: $67,4802010Assets 2011: $77,140Liabilities 2011: $0Net Assets 2011: $77,1402011Assets 2012: $77,504Liabilities 2012: $0Net Assets 2012: $77,5042012Assets 2013: $104,152Liabilities 2013: $0Net Assets 2013: $104,1522013Assets 2014: $116,124Liabilities 2014: $0Net Assets 2014: $116,1242014Assets 2015: $115,541Liabilities 2015: $0Net Assets 2015: $115,5412015Assets 2016: $118,669Liabilities 2016: $0Net Assets 2016: $118,6692016Assets 2017: $136,151Liabilities 2017: $0Net Assets 2017: $136,1512017Assets 2018: $105,654Liabilities 2018: $0Net Assets 2018: $105,6542018Assets 2019: $140,181Liabilities 2019: $3,000Net Assets 2019: $137,1812019Assets 2020: $129,891Liabilities 2020: $0Net Assets 2020: $129,8912020Assets 2021: $162,334Liabilities 2021: $0Net Assets 2021: $162,3342021Assets 2022: $253,036Liabilities 2022: $0Net Assets 2022: $253,0362022Assets 2023: $256,209Liabilities 2023: $0Net Assets 2023: $256,2092023Assets 2024: $284,178Liabilities 2024: $0Net Assets 2024: $284,1782024Assets 2025: $255,925Liabilities 2025: $300Net Assets 2025: $255,6252025

Highlighted filing

2019

Assets$140,181
Liabilities$3,000
Net Assets$137,181
Open 2019 Filing

Operations Trend

Revenue Growth86th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $143,716Expenses 2010: $124,842Net Income 2010: $18,8742010Revenue 2011: $125,840Expenses 2011: $116,180Net Income 2011: $9,6602011Revenue 2012: $150,819Expenses 2012: $150,455Net Income 2012: $3642012Revenue 2013: $179,454Expenses 2013: $152,806Net Income 2013: $26,6482013Revenue 2014: $170,259Expenses 2014: $158,287Net Income 2014: $11,9722014Revenue 2015: $177,887Expenses 2015: $178,470Net Income 2015: -$5832015Revenue 2016: $185,175Expenses 2016: $182,047Net Income 2016: $3,1282016Revenue 2017: $191,267Expenses 2017: $173,785Net Income 2017: $17,4822017Revenue 2018: $85,196Expenses 2018: $115,693Net Income 2018: -$30,4972018Revenue 2019: $125,765Expenses 2019: $94,338Net Income 2019: $31,4272019Revenue 2020: $20,360Expenses 2020: $27,650Net Income 2020: -$7,2902020Revenue 2021: $199,665Expenses 2021: $167,222Net Income 2021: $32,4432021Revenue 2022: $262,656Expenses 2022: $171,955Net Income 2022: $90,7012022Revenue 2023: $236,398Expenses 2023: $233,225Net Income 2023: $3,1732023Revenue 2024: $323,024Expenses 2024: $295,055Net Income 2024: $27,9692024Revenue 2025: $201,838Expenses 2025: $230,391Net Income 2025: -$28,5532025

Highlighted filing

2019

Revenue$125,765
Expenses$94,338
Net Income$31,427
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 14, 2020
Return Version
2019v5.1
Gross Receipts
$162,500
Mission and Program Overview

Mission

The ohio challenge is the annual hot-air balloon festival from which proceeds are directed by their board of directors towards scholarships and other worthwhile charitable purposes

Annual hot air balloon festival

Program Services

DescriptionGrantsExpenses
THE OHIO CHALLENGE IS THE ANNUAL HOT-AIR BALLOON FESTIVAL FROM WHICH PROCEEDS ARE DIRECTED BY THEIR BOARD OF DIRECTORS TOWARDS SCHOLARSHIPS AND OTHER WORTHWHILE CHARITABLE PURPOSES--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICK PEARCEOfficer-$0--
DAVID PEARCEPresident-$0--
PAUL NENNITreasurer-$0--
LARRY POWELLOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Middletown Area Chamber Foundation
EIN
23-7249021
Address
1500 CENTRAL AVE, MIDDLETOWN, OH 45042

Signing Officer

Name
David Pearce
Title
Officer
Phone
5134224551
Signed
2020-04-14
Discuss with paid preparer
Yes

Preparer

Firm
Nenni & Company Cpas
Address
1064 N UNIVERSITY BLVD, MIDDLETOWN, OH 45042
Preparer
Dana L Picard CPA
Phone
5134241939
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountcomittee expenses 116communications 605hospitality tent 416miscellaneous 21,053parking 10,301telephone 717pilots 12,155security 3,010signage 1,342souvenirs 1,619specialty balloons 6,000sponsor expense 582tethered balloon rides 2,050”

Description of total liabilities Part II line 26

“Category beginning of year end of yearaccounts payable 0 3,000”

Raw XML Appendix158 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/PersonNm0PAUL NENNI
IRS990EZ/BooksInCareOfDetail/PhoneNum05134224551
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01064 N UNIVERSITY BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDDLETOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045042
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0105754
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0140181
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt068509
IRS990EZ/CostOfGoodsSoldAmt036735
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt031427
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0105754
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0140181
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-1831
IRS990EZ/GrossReceiptsAmt0162500
IRS990EZ/GrossSalesOfInventoryAmt034904
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt042
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0105754
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0137181
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0105754
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0137181
IRS990EZ/OccupancyRentUtltsAndMaintAmt024526
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICK PEARCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID PEARCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL NENNI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LARRY POWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt059966
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ANNUAL HOT AIR BALLOON FESTIVAL
IRS990EZ/PrintingPublicationsPostageAmt09846
IRS990EZ/ProgramServiceRevenueAmt059045
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE OHIO CHALLENGE IS THE ANNUAL HOT-AIR BALLOON FESTIVAL FROM WHICH PROCEEDS ARE DIRECTED BY THEIR BOARD OF DIRECTORS TOWARDS SCHOLARSHIPS AND OTHER WORTHWHILE CHARITABLE PURPOSES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OH
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt094338
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0125765
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068509
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt083596
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068328
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt072814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0360620
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt042
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt064
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0106
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.50310
IRS990ScheduleA/PublicSupportPY170Pct00.35460
IRS990ScheduleA/PublicSupportTotal170Amt0181480
IRS990ScheduleA/SubstantialContributorsTotAmt0179140
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067373
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt083596
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068328
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072814
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0360620
IRS990ScheduleA/TotalSupportAmt0360726
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTCOMITTEE EXPENSES 116COMMUNICATIONS 605HOSPITALITY TENT 416MISCELLANEOUS 21,053PARKING 10,301TELEPHONE 717PILOTS 12,155SECURITY 3,010SIGNAGE 1,342SOUVENIRS 1,619SPECIALTY BALLOONS 6,000SPONSOR EXPENSE 582TETHERED BALLOON RIDES 2,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 0 3,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID PEARCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05134224551
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDDLETOWN AREA CHAMBER FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MIDD
ReturnHeader/Filer/EIN0237249021
ReturnHeader/Filer/USAddress/AddressLine1Txt01500 CENTRAL AVE
ReturnHeader/Filer/USAddress/CityNm0MIDDLETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045042
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId010FF85739F58B782DD57077A139D8FF4E26FBAE9
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03126212020168ifqrqdr
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-06-16
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.164.68.7
ReturnHeader/FilingSecurityInformation/IPDt02020-06-16
ReturnHeader/FilingSecurityInformation/IPTm012:02:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311444986
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NENNI & COMPANY CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01064 N UNIVERSITY BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIDDLETOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045042
ReturnHeader/PreparerPersonGrp/PhoneNum05134241939
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANA L PICARD CPA
ReturnHeader/ReturnTs02020-06-16T11:55:08-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$140,181
Liabilities
$3,000
Net assets
$137,181
Revenue
$125,765
Expenses
$94,338
Net income
$31,427
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$2.02$2.30$0.29
2024Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$3.23$2.95$0.28
2023Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$2.36$2.33$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$2.63$1.72$0.91
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$2.00$1.67$0.32
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.20$0.28$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.03$1.37$1.26$0.94$0.31
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.85$1.16$0.30
2017Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$1.91$1.74$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$1.85$1.82$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$1.78$1.78$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$1.70$1.58$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$1.79$1.53$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.00$0.78$1.51$1.50$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$1.26$1.16$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.67$1.44$1.25$0.19