Civic Intelligence

Valley Fest Inc

EIN 27-5044333 • 501(c)3 • Dunlap, TN

Profile

To produce events for community

287 Pine StreetDunlap, TN 37327
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

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.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

47th percentile

-3.5%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-78%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$395,987

Down $10,852 (-2.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$395,987

Down $10,852 (-2.7%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin27th percentile

Revenue

Down

$96,728

Down $8,514 (-8.1%) from 2023

Expenses

Down

$107,580

Down $12,343 (-10%) from 2023

Net Income

Up

-$10,852

Up $3,829 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$600K$400K$200K$0Assets 2022: $421,520Liabilities 2022: $0Net Assets 2022: $421,5202022Assets 2023: $406,839Liabilities 2023: $0Net Assets 2023: $406,8392023Assets 2024: $395,987Liabilities 2024: $0Net Assets 2024: $395,9872024

Highlighted filing

2024

Assets$395,987
Liabilities$0
Net Assets$395,987
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$600K$400K$200K$0-$200KRevenue 2022: $482,505Expenses 2022: $97,548Net Income 2022: $384,9572022Revenue 2023: $105,242Expenses 2023: $119,923Net Income 2023: -$14,6812023Revenue 2024: $96,728Expenses 2024: $107,580Net Income 2024: -$10,8522024

Highlighted filing

2024

Revenue$96,728
Expenses$107,580
Net Income-$10,852
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$395,987
Liabilities
$0
Net assets
$395,987
Revenue
$96,728
Expenses
$107,580
Net income
-$10,852
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$0.97$1.08$0.11
2023Detailed filing. Detailed filing data is available for this year.$4.07$0.00$4.07$1.05$1.20$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$4.83$0.98$3.85
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 14, 2024
Return Version
2023v6.0
Gross Receipts
$96,728
Mission and Program Overview

Mission

To produce and maint the community park activities

To produce events for community

Program Services

DescriptionGrantsExpenses
CAPITAL IMPROVEMENTS FOR COMMUNITY PARKPRODUCE VALLEY FESTIVAL-$380,543
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC REEDChairmanPT$0--
MARLENE BASHAMSecretary TreasurerPT$0--
CHARLIE BORINGBoard Member-$0--
ANNETTE BROWNBoard Member-$0--
JAKEY COOLEYBoard Member-$0--
RONALD FOLLETTBoard Member-$0--
CLINT HUTHBoard Member-$0--
ZACH OLENDORFBoard Member-$0--
WINSTON PICKETTBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Valley Fest$12,619$12,619-$12,619
Golf Tourny$7,560$7,560$5,005$2,555
Total Events$20,179$20,179$42,893$-22,714
Filing and Contact Details

Filer

Filer Name
Valley Fest Inc
EIN
27-5044333
Address
287 PINE STREET, DUNLAP, TN 37327

Signing Officer

Name
Eric G Reed
Title
Chairman of Bao
Phone
4234887607
Signed
2024-11-14
Discuss with paid preparer
No

Preparer

Firm
Sanders Associates
Address
16053 Rankin Ave PO Box 216, Dunlap, TN 37327
Preparer
Carl Long
Phone
4239491040
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 18,295valley fest site expenses 29,036other admin 4,415insurance 1,490golf tournament 5,005”

Description of other assets Part II line 24

“Category beginning of year end of yearother 9,544 9,544”

Raw XML Appendix199 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/USAddress/CityNm0DUNLAP
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037327
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08459
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IRS990EZ/ExcessOrDeficitForYearAmt0-10852
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt037888
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt0388836
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0406839
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0395987
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC REED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARLENE BASHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHARLIE BORING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANNETTE BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JAKEY COOLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RONALD FOLLETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CLINT HUTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ZACH OLENDORF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8WINSTON PICKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09544
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09544
IRS990EZ/OtherExpensesTotalAmt058241
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PRODUCE EVENTS FOR COMMUNITY
IRS990EZ/PrintingPublicationsPostageAmt08050
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CAPITAL IMPROVEMENTS FOR COMMUNITY PARKPRODUCE VALLEY FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0380543
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt020179
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0107580
IRS990EZ/TotalProgramServiceExpensesAmt0380543
IRS990EZ/TotalRevenueAmt096728
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt096728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0104747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0482211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt032155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt041185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0757026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0495
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0294
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0789
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0495
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0789
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt096728
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032155
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt096728
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt041185
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0757815
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
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt042893
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt037888
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt037888
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VALLEY FEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07560
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020179
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07560
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020179
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-22714
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05005
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05005
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTDEPRECIATION FROM 4562 18,295VALLEY FEST SITE EXPENSES 29,036OTHER ADMIN 4,415INSURANCE 1,490GOLF TOURNAMENT 5,005
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEAROTHER 9,544 9,544
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC G REED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN OF BAO
ReturnHeader/BusinessOfficerGrp/PhoneNum04234887607
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY FEST INC
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0275044333
ReturnHeader/Filer/USAddress/AddressLine1Txt0287 PINE STREET
ReturnHeader/Filer/USAddress/CityNm0DUNLAP
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037327
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461282116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sanders Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016053 Rankin Ave PO Box 216
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dunlap
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037327
ReturnHeader/PreparerPersonGrp/PhoneNum04239491040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carl Long
ReturnHeader/ReturnTs02025-05-14T11:47:29-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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