Civic Intelligence

Spokefest Association

990EZ • Fiscal year 2022 • EIN 26-2127199

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 06, 2023

PO Box 786Spokane, WA 99210

(509) 747-0145

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

5th percentile

-136%

Higher net margin than 5% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

30th percentile

-11%

Faster asset growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-37%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$35,943

Down $4,464 (-11%) from 2021

Net Assets

Down

$35,943

Down $4,464 (-11%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$3,289

Down $1,893 (-37%) from 2021

Expenses

Down

$7,753

Down $3,637 (-32%) from 2021

Net Income

Up

-$4,464

Up $1,744 (+28%) from 2021

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $40,407Liabilities 2021: $0Net Assets 2021: $40,4072021Assets 2022: $35,943Liabilities 2022: $0Net Assets 2022: $35,9432022

Highlighted filing

2022

Assets$35,943
Liabilities$0
Net Assets$35,943

Operations Trend

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

$15K$10K$5.0K$0-$5.0K-$10KRevenue 2021: $5,182Expenses 2021: $11,390Net Income 2021: -$6,2082021Revenue 2022: $3,289Expenses 2022: $7,753Net Income 2022: -$4,4642022

Highlighted filing

2022

Revenue$3,289
Expenses$7,753
Net Income-$4,464
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 6, 2023
Return Version
2022v4.0
Gross Receipts
$3,289
Mission and Program Overview

Mission

1) SpokeFest seeks to build a healthier population and environment by: a. Providing wholesome activities and entertainment for individuals & families in Spokane and the surrounding communities. b. Promoting bicycle safety, fitness, bicycle maintenance and commuter education. c. Encouraging the use of bicycling as a healthful, enjoyable, energy-efficient & non-polluting form of transportation and recreation. Promoting recreation for the good of the individual and families and general welfare of the community by encouraging physical fitness and participation in SpokeFest, Spokane Bike Everywhere,, Summer Parkways and Kidical Mass programs

Program Services

DescriptionGrantsExpenses
Due to the effect of Covid-19 protocols and other logistical matters the event was cancelled for 2022.$0$6,676
Summer Parkways was a live event with the event resuming its traditional route.$0$1,077
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather BardenDirector-$0--
William BenderPresident-$0--
Anna BresnahanDirector-$0--
John KafentzisDirector-$0--
Sally PhillipsDirector-$0--
Susan PughDirector-$0--
Christine SchnugSecretary/Treasurer-$0--
Steve WilliamsVice President-$0--
Marty NovemberDirector-$0--
Filing and Contact Details

Filer

Filer Name
Spokefest Association
EIN
26-2127199
Phone
5097470145
Address
PO Box 786, Spokane, WA 99210

Signing Officer

Name
Christine Schnug
Title
Treasurer
Phone
5097470145
Signed
2023-03-06
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Website maintenance, advertising, insurance, other program costs.

Form 990-EZ, Part V, Line 34

SpokeFest Association is in the process of voluntarily dissolving and accordingly has filed required information with the State of Washington. It is anticipated that asset distribution will occur in the 2023 calendar year. Said assets are expected to be transferred to an existing 501 (c) (3) organization to produce similar events.

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IRS990EZ/PrimaryExemptPurposeTxt01) SpokeFest seeks to build a healthier population and environment by: a. Providing wholesome activities and entertainment for individuals & families in Spokane and the surrounding communities. b. Promoting bicycle safety, fitness, bicycle maintenance and commuter education. c. Encouraging the use of bicycling as a healthful, enjoyable, energy-efficient & non-polluting form of transportation and recreation. Promoting recreation for the good of the individual and families and general welfare of the community by encouraging physical fitness and participation in SpokeFest, Spokane Bike Everywhere,, Summer Parkways and Kidical Mass programs
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Summer Parkways was a live event with the event resuming its traditional route.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SpokeFest Association is in the process of voluntarily dissolving and accordingly has filed required information with the State of Washington. It is anticipated that asset distribution will occur in the 2023 calendar year. Said assets are expected to be transferred to an existing 501 (c) (3) organization to produce similar events.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part V, Line 34
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ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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