Civic Intelligence

Milan Festivals Inc

990 • Fiscal year 2018 • EIN 34-1753470

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 28, 2019

P O Box 358Milan, OH 44846

(419) 656-1972

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.00x

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

83rd percentile

23%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

88th percentile

38%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

0.1%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$46,075

Up $12,803 (+38%) from 2017

Net Assets

Up

$46,075

Up $12,803 (+38%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$54,593

Up $50 (+0.1%) from 2017

Expenses

Down

$41,790

Down $7,778 (-16%) from 2017

Net Income

Up

$12,803

Up $7,828 (+157%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $74,934Liabilities 2011: $0Net Assets 2011: $74,9342011Assets 2012: $67,365Liabilities 2012: $0Net Assets 2012: $67,3652012Assets 2013: $61,812Liabilities 2013: $0Net Assets 2013: $61,8122013Assets 2014: $41,108Liabilities 2014: $0Net Assets 2014: $41,1082014Assets 2015: $31,568Liabilities 2015: $0Net Assets 2015: $31,5682015Assets 2016: $28,297Liabilities 2016: $0Net Assets 2016: $28,2972016Assets 2017: $33,272Liabilities 2017: $0Net Assets 2017: $33,2722017Assets 2018: $46,075Liabilities 2018: $0Net Assets 2018: $46,0752018Assets 2019: $88,784Liabilities 2019: $0Net Assets 2019: $88,7842019Assets 2020: $69,295Liabilities 2020: $0Net Assets 2020: $69,2952020Assets 2021: $79,875Liabilities 2021: $0Net Assets 2021: $79,8752021Assets 2022: $74,431Liabilities 2022: $0Net Assets 2022: $74,4312022Assets 2024: $81,663Liabilities 2024: $55Net Assets 2024: $81,6082024

Highlighted filing

2018

Assets$46,075
Liabilities$0
Net Assets$46,075

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $47,2232011Expenses 2012: $60,3302012Revenue 2013: $49,839Expenses 2013: $55,392Net Income 2013: -$5,5532013Revenue 2014: $41,781Expenses 2014: $62,485Net Income 2014: -$20,7042014Revenue 2015: $45,357Expenses 2015: $54,897Net Income 2015: -$9,5402015Revenue 2016: $45,508Expenses 2016: $48,779Net Income 2016: -$3,2712016Revenue 2017: $54,543Expenses 2017: $49,568Net Income 2017: $4,9752017Revenue 2018: $54,593Expenses 2018: $41,790Net Income 2018: $12,8032018Revenue 2019: $52,208Expenses 2019: $9,499Net Income 2019: $42,7092019Revenue 2020: $6,448Expenses 2020: $5,988Net Income 2020: $4602020Revenue 2021: $52,624Expenses 2021: $42,044Net Income 2021: $10,5802021Revenue 2022: $43,400Expenses 2022: $48,844Net Income 2022: -$5,4442022Revenue 2024: $59,865Expenses 2024: $58,475Net Income 2024: $1,3902024

Highlighted filing

2018

Revenue$54,593
Expenses$41,790
Net Income$12,803
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 28, 2019
Return Version
2018v3.1
Gross Receipts
$54,593
Mission and Program Overview

Mission

To operate an all inclusive festival that celebrates the history and unique characteristics of the Milan area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$33,272$46,075▲ $12,803
Land, Buildings, and Equipment, Net$25,166$25,002▼ $164
Cash and Non-Interest-Bearing Accounts$3,303$10,740▲ $7,437
Savings and Temporary Cash Investments$4,803$10,333▲ $5,530
Total Assets$33,272$46,075▲ $12,803
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,272$46,075▲ $12,803
Total Liabilities and Net Assets / Fund Balance$33,272$46,075▲ $12,803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$25,002$5,759$30,761
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill HarrisPresident
Nicole HarderSecretary
Suzie SchaefferTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$54,591
Investment Income
$2
Other Revenue
$0
Change in Net Assets
$12,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$3,255-$3,255
Occupancy$1,915--$1,915
Other Expenses$1,281$441-$1,281
All Other Expenses$1,086--$1,086
Fees for Services Accounting-$815-$815
Office Expenses-$471-$471
Conferences and Meetings$416--$416
Depreciation Depletion-$164-$164
Total Functional Expenses$36,644$5,146$0$41,790
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Asset material diversion Part VI line 5

The board of directors discovered diversion of organizational funds by past members of the board. Legal proceedings were filed and remuneration has been scheduled. The guilty parties must remit payment of $300 per month according to court documents.

Form 990 governing body review Part VI line 11

The form 990 was presented to the Treasurer who in turn reviewed it with the governing body at their next meeting after completion of the form 990.

Governing documents etc available to public Part VI line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Milan Festivals Inc
EIN
34-1753470
Address
P O Box 358, Milan, OH 44846

Signing Officer

Name
Suzie Schaeffer
Title
Treasurer
Phone
4196561972
Signed
2019-08-28
Discuss with paid preparer
Yes

Organization Details

Formed
1950
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Ellis-Rinner CPA Ltd
Address
P O Box 150, Norwalk, OH 44857
Preparer
Helene L Ellis-Rinner CPA
Phone
4196601890
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The form 990 was presented to the Treasurer who in turn reviewed it with the governing body at their next meeting after completion of the form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents are available to the public upon request.
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ABDBD925AF2B96707D54E02A4D5531E49FE09FDB
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03401022019246pgvj12e
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-09-03
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt063.251.162.66
ReturnHeader/FilingSecurityInformation/IPDt02019-09-03
ReturnHeader/FilingSecurityInformation/IPTm008:19:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810626555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ellis-Rinner CPA Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norwalk
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044857
ReturnHeader/PreparerPersonGrp/PhoneNum04196601890
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Helene L Ellis-Rinner CPA
ReturnHeader/ReturnTs02019-08-28T12:59:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.7$0.06$81.6$59.9$58.5$1.39
2022Detailed filing. Detailed filing data is available for this year.$74.4$0.00$74.4$43.4$48.8$5.44
2021Detailed filing. Detailed filing data is available for this year.$79.9$0.00$79.9$52.6$42.0$10.6
2020Detailed filing. Detailed filing data is available for this year.$69.3$0.00$69.3$6.45$5.99$0.46
2019Detailed filing. Detailed filing data is available for this year.$88.8$0.00$88.8$52.2$9.50$42.7
2018Detailed filing. Detailed filing data is available for this year.$46.1$0.00$46.1$54.6$41.8$12.8
2017Detailed filing. Detailed filing data is available for this year.$33.3$0.00$33.3$54.5$49.6$4.98
2016Detailed filing. Detailed filing data is available for this year.$28.3$0.00$28.3$45.5$48.8$3.27
2015Detailed filing. Detailed filing data is available for this year.$31.6$0.00$31.6$45.4$54.9$9.54
2014Detailed filing. Detailed filing data is available for this year.$41.1$0.00$41.1$41.8$62.5$20.7
2013Detailed filing. Detailed filing data is available for this year.$61.8$0.00$61.8$49.8$55.4$5.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.4$0.00$67.4$60.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.9$0.00$74.9$47.2