Civic Intelligence

Second Saturdays Inc.

990EZ • Fiscal year 2018 • EIN 27-2270892

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

PO Box 8Tucson, AZ 85702

(520) 747-6600

Siviq Scores

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

Liabilities / Assets

94th percentile

0.97x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.26x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-36%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

7th percentile

-56%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

-2.9%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$45,344

Down $58,013 (-56%) from 2017

Net Assets

Down

$1,444

Down $61,826 (-98%) from 2017

Liabilities

Up

$43,900

Up $3,813 (+9.5%) from 2017

Revenue

Down

$171,121

Down $5,064 (-2.9%) from 2017

Expenses

Up

$232,947

Up $131,010 (+129%) from 2017

Net Income

Down

-$61,826

Down $136,074 (-183%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2012: $1,704Liabilities 2012: $28,989Net Assets 2012: -$27,2852012Assets 2013: $678Liabilities 2013: $23,777Net Assets 2013: -$23,0992013Assets 2014: $7,396Liabilities 2014: $24,715Net Assets 2014: -$17,3192014Assets 2015: $1,300Liabilities 2015: $21,577Net Assets 2015: -$20,2772015Assets 2017: $103,357Liabilities 2017: $40,087Net Assets 2017: $63,2702017Assets 2018: $45,344Liabilities 2018: $43,900Net Assets 2018: $1,4442018Assets 2019: $89,291Liabilities 2019: $88,209Net Assets 2019: $1,0822019Assets 2020: $88,162Liabilities 2020: $44,433Net Assets 2020: $43,7292020Assets 2021: $60,933Liabilities 2021: $56,433Net Assets 2021: $4,5002021Assets 2022: $113,334Liabilities 2022: $54,433Net Assets 2022: $58,9012022Assets 2023: $41,920Liabilities 2023: $0Net Assets 2023: $41,9202023

Highlighted filing

2018

Assets$45,344
Liabilities$43,900
Net Assets$1,444

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2012: $336,6572012Revenue 2013: $164,517Expenses 2013: $160,331Net Income 2013: $4,1862013Revenue 2014: $172,287Expenses 2014: $166,507Net Income 2014: $5,7802014Revenue 2015: $164,485Expenses 2015: $167,443Net Income 2015: -$2,9582015Revenue 2017: $176,185Expenses 2017: $101,937Net Income 2017: $74,2482017Revenue 2018: $171,121Expenses 2018: $232,947Net Income 2018: -$61,8262018Revenue 2019: $223,266Expenses 2019: $223,628Net Income 2019: -$3622019Revenue 2020: $299,368Expenses 2020: $256,721Net Income 2020: $42,6472020Revenue 2021: $35,000Expenses 2021: $74,229Net Income 2021: -$39,2292021Revenue 2022: $107,397Expenses 2022: $54,996Net Income 2022: $52,4012022Revenue 2023: $101,110Expenses 2023: $135,997Net Income 2023: -$34,8872023

Highlighted filing

2018

Revenue$171,121
Expenses$232,947
Net Income-$61,826
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$171,121
Mission and Program Overview

Mission

To promote and enhance tucson's downtown culture and community.

Program Services

DescriptionGrantsExpenses
COMMUNITY LEADERS HAVE COME TOGETHER TO PROMOTE THE CITY'S VIBRANT HISTORY AND HAVE ORGANIZED A MONTHLY SERIES OF CULTURAL VENUES OPEN TO THE GENERAL PUBLIC FREE OF CHARGE. SECOND SATURDAYS, INC. BRINGS BANDS AND PERFORMERS TO PLAY IN THE ALLEYS AND OPEN SPACES IN DOWNTOWN TUCSON, AND ALSO COORDINATES WITH THE MUSEUMS, ART GALLERIES AND SHOPS TO STAY OPEN LATE THE SECOND SATURDAY OF EACH MONTH. VENDORS ARE REQUIRED TO HAVE FAMILY FRIENDLY MERCHANDISE AND SELL ONLY LOCALLY-MADE, HANDCRAFTED ITEMS OR ARTWORK TO ENHANCE THE EVENING'S FOCUS ON TUCSON'S UNIQUE CULTURE AND PROMOTE A SENSE OF COMMUNITY. AVERAGE ATTENDANCE AT THE MONTHLY FESTIVAL IS 10,000 PEOPLE. SECOND SATURDAYS HAS BEEN VOTED THE BEST URBAN EVENT, BECAUSE IT BUILDS COMMUNITY AND IS FOR THE GENERAL PUBLIC'S BENEFIT. IT IS A CELEBRATION OF THE LOCAL MUSIC AND CULTURE TUCSON OFFERS.$0$227,858
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FLETCHER MCCUSKERPresidentPT$0--
DON DURBANDDirector-$0--
BRANDI HAGADirector-$0--
MICHAEL KEITHDirector-$0--
DAVID SLUTESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Second Saturdays Inc
EIN
27-2270892
Phone
5207476600
Address
PO BOX 8, TUCSON, AZ 85702

Signing Officer

Name
Fletcher Mccusker
Title
President
Phone
5207476600
Signed
2019-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Beachfleischman Pc
Address
1985 E RIVER ROAD SUITE 201, TUCSON, AZ 85718
Preparer
Karen K Mccloskey CPA
Phone
5203214600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 8,287. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 8,287.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: production and event costs. Amount: 69,824. Description: insurance. Amount: 755. Description: telephone. Amount: 319. Description: business registration fees. Amount: 290. Description: computer & internet. Amount: 197. Description: dues & subscriptions. Amount: 653. Description: bank charges. Amount: 41. Total to form 990-ez, line 16: 72,079.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 94,725. End of year amount: 35,641.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 40,087. End of year amount: 43,900.

Raw XML Appendix166 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 8,287. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 8,287.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRODUCTION AND EVENT COSTS. AMOUNT: 69,824. DESCRIPTION: INSURANCE. AMOUNT: 755. DESCRIPTION: TELEPHONE. AMOUNT: 319. DESCRIPTION: BUSINESS REGISTRATION FEES. AMOUNT: 290. DESCRIPTION: COMPUTER & INTERNET. AMOUNT: 197. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 653. DESCRIPTION: BANK CHARGES. AMOUNT: 41. TOTAL TO FORM 990-EZ, LINE 16: 72,079.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 94,725. END OF YEAR AMOUNT: 35,641.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 40,087. END OF YEAR AMOUNT: 43,900.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02019-05-15T10:51:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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