Civic Intelligence

Riverfest of Monticello Inc

EIN 35-2228442 • 501(c)6 • Monticello, MN

Profile

COMMUNITY FESTIVAL

PO Box 1031Monticello, MN 55362

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

5th percentile

-165%

Higher net margin than 5% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-16%

Faster asset growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-83%

Faster revenue growth than 6% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$12,528

Down $2,327 (-16%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$12,528

Down $2,327 (-16%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin5th percentile

Revenue

Down

$1,413

Down $6,689 (-83%) from 2023

Expenses

Down

$3,740

Down $740 (-17%) from 2023

Net Income

Down

-$2,327

Down $5,949 (-164%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$20K$15K$10K$5.0K$0Assets 2010: $15,303Net Assets 2010: $15,3032010Assets 2011: $14,833Net Assets 2011: $14,8332011Assets 2012: $13,069Net Assets 2012: $13,0692012Assets 2013: $10,223Net Assets 2013: $10,2232013Assets 2014: $11,287Net Assets 2014: $11,2872014Assets 2015: $12,810Net Assets 2015: $12,8102015Assets 2016: $8,427Net Assets 2016: $8,4272016Assets 2017: $6,925Net Assets 2017: $6,9252017Assets 2018: $6,836Net Assets 2018: $6,8362018Assets 2019: $11,333Net Assets 2019: $11,3332019Assets 2020: $5,578Net Assets 2020: $5,5782020Assets 2021: $17,690Net Assets 2021: $17,6902021Assets 2022: $11,233Net Assets 2022: $11,2332022Assets 2023: $14,855Net Assets 2023: $14,8552023Assets 2024: $12,528Net Assets 2024: $12,5282024

Highlighted filing

2024

Assets$12,528
Liabilities-
Net Assets$12,528
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$20K$10K$0-$10KRevenue 2010: $4,049Expenses 2010: $5,881Net Income 2010: -$1,8322010Revenue 2011: $6,612Expenses 2011: $7,082Net Income 2011: -$4702011Revenue 2012: $5,285Expenses 2012: $7,049Net Income 2012: -$1,7642012Revenue 2013: $5,515Expenses 2013: $8,361Net Income 2013: -$2,8462013Revenue 2014: $9,455Expenses 2014: $8,391Net Income 2014: $1,0642014Revenue 2015: $9,392Expenses 2015: $7,869Net Income 2015: $1,5232015Revenue 2016: $1,389Expenses 2016: $5,772Net Income 2016: -$4,3832016Revenue 2017: $5,814Expenses 2017: $7,316Net Income 2017: -$1,5022017Revenue 2018: $7,118Expenses 2018: $7,207Net Income 2018: -$892018Revenue 2019: $13,627Expenses 2019: $9,130Net Income 2019: $4,4972019Revenue 2020: -$3,459Expenses 2020: $2,296Net Income 2020: -$5,7552020Revenue 2021: $17,447Expenses 2021: $5,335Net Income 2021: $12,1122021Revenue 2022: -$1,814Expenses 2022: $4,643Net Income 2022: -$6,4572022Revenue 2023: $8,102Expenses 2023: $4,480Net Income 2023: $3,6222023Revenue 2024: $1,413Expenses 2024: $3,740Net Income 2024: -$2,3272024

Highlighted filing

2024

Revenue$1,413
Expenses$3,740
Net Income-$2,327
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$12,528
Liabilities
-
Net assets
$12,528
Revenue
$1,413
Expenses
$3,740
Net income
-$2,327
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$12.5$1.41$3.74$2.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$14.9$8.10$4.48$3.62
2022Detailed filing. Detailed filing data is available for this year.$11.2$11.2$1.81$4.64$6.46
2021Detailed filing. Detailed filing data is available for this year.$17.7$17.7$17.4$5.34$12.1
2020Detailed filing. Detailed filing data is available for this year.$5.58$5.58$3.46$2.30$5.76
2019Detailed filing. Detailed filing data is available for this year.$11.3$11.3$13.6$9.13$4.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.84$6.84$7.12$7.21$0.09
2017Detailed filing. Detailed filing data is available for this year.$6.93$6.93$5.81$7.32$1.50
2016Detailed filing. Detailed filing data is available for this year.$8.43$8.43$1.39$5.77$4.38
2015Detailed filing. Detailed filing data is available for this year.$12.8$12.8$9.39$7.87$1.52
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$11.3$9.46$8.39$1.06
2013Detailed filing. Detailed filing data is available for this year.$10.2$10.2$5.52$8.36$2.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$13.1$5.29$7.05$1.76
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$14.8$6.61$7.08$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$15.3$4.05$5.88$1.83
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 18, 2023
Return Version
2022v5.0
Gross Receipts
$80,700
Mission and Program Overview

Mission

COMMUNITY FESTIVAL

Program Services

DescriptionGrantsExpenses
TO HOLD AN ANNUAL COMMUNITY FESTIVAL EACH JULY. THE RIVERFEST EVENT RUNS FROM THURSDAY EVENING THROUGH SUNDAY. EVENTS INCLUDE A TALENT SHOW, PARADE AND VARIOUS FAMILY ACTIVITIES IN A COMMUNITY PARK.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLEN NEMECChairperson-$0--
CRAIG WALTERTreasurer-$0--
GLEN NEMECSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Food & Beverages$39,344$39,344$25,793$13,551
Duck Race$23,973$23,973$15,716$8,257
Total Events$76,611$76,611$77,411$-800
Filing and Contact Details

Filer

Filer Name
Riverfest of Monticello Inc
EIN
35-2228442
Phone
7632444174
Address
PO BOX 1031, MONTICELLO, MN 55362

Signing Officer

Name
Craig Walter
Title
Treasurer
Signed
2023-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Mosford Barthel & Co PLC CPAs
Address
305 Cedar Street Suite 201, Monticello, MN 55362
Preparer
Andrew Moll CPA
Phone
7632954800
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $160”

Other Expenses.1

“SALES AND USE TAX $3437”

Other Expenses.2

“Appreciation dinner $1046”

Raw XML Appendix128 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CRAIG WALTER
IRS990EZ/BooksInCareOfDetail/PhoneNum07632444174
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1031
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTICELLO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055362
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017690
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011233
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6457
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017690
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011233
IRS990EZ/FundraisingGrossIncomeAmt080700
IRS990EZ/GrossReceiptsAmt080700
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt017690
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011233
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt017690
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011233
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GLEN NEMEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CRAIG WALTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GLEN NEMEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04643
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO HOLD AN ANNUAL COMMUNITY FESTIVAL EACH JULY. THE RIVERFEST EVENT RUNS FROM THURSDAY EVENING THROUGH SUNDAY. EVENTS INCLUDE A TALENT SHOW, PARADE AND VARIOUS FAMILY ACTIVITIES IN A COMMUNITY PARK.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt082514
IRS990EZ/SpecialEventsNetIncomeLossAmt0-1814
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04643
IRS990EZ/TotalRevenueAmt0-1814
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt011380
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt011380
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt077411
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOOD & BEVERAGES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DUCK RACE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt015806
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt015806
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039344
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt023973
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt013294
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt076611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt039344
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023973
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt013294
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt076611
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-800
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt08716
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt050225
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025793
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt015716
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALES AND USE TAX $3437
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2APPRECIATION DINNER $1046
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG WALTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVERFEST OF MONTICELLO INC
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0352228442
ReturnHeader/Filer/PhoneNum07632444174
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1031
ReturnHeader/Filer/USAddress/CityNm0MONTICELLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055362
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411767630
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mosford Barthel & Co PLC CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0305 Cedar Street Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Monticello
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055362
ReturnHeader/PreparerPersonGrp/PhoneNum07632954800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW MOLL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-18T10:04:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CRAIG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WALTER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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