Civic Intelligence

Exposition Gardens Inc

990 • Fiscal year 2016 • EIN 37-6005523

Jan 01, 2016 to Dec 31, 2016 • Filed on May 05, 2017

1601 W Northmoor Rd PO Box 3334Peoria, IL 61614

(309) 691-6332

Siviq Scores

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

Liabilities / Assets

99th percentile

3.99x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

1.32x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

24th percentile

-5.7%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

60th percentile

8.0%

Faster revenue growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$194,332

Down $11,666 (-5.7%) from 2015

Net Assets

Down

-$580,395

Down $159,667 (-38%) from 2015

Liabilities

Up

$774,727

Up $148,001 (+24%) from 2015

Revenue

Up

$586,445

Up $43,270 (+8.0%) from 2015

Expenses

Down

$746,112

Down $33,513 (-4.3%) from 2015

Net Income

Up

-$159,667

Up $76,783 (+32%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2010: $258,795Liabilities 2010: $2,053Net Assets 2010: $256,7422010Assets 2011: $240,494Liabilities 2011: $56,638Net Assets 2011: $183,8562011Assets 2012: $241,058Liabilities 2012: $115,408Net Assets 2012: $125,6502012Assets 2013: $213,342Liabilities 2013: $215,774Net Assets 2013: -$2,4322013Assets 2014: $197,976Liabilities 2014: $382,254Net Assets 2014: -$184,2782014Assets 2015: $205,998Liabilities 2015: $626,726Net Assets 2015: -$420,7282015Assets 2016: $194,332Liabilities 2016: $774,727Net Assets 2016: -$580,3952016Assets 2017: $180,515Liabilities 2017: $562,271Net Assets 2017: -$381,7562017Assets 2018: $174,785Liabilities 2018: $643,335Net Assets 2018: -$468,5502018Assets 2019: $169,647Liabilities 2019: $926,085Net Assets 2019: -$756,4382019Assets 2020: $174,228Liabilities 2020: $955,104Net Assets 2020: -$780,8762020

Highlighted filing

2016

Assets$194,332
Liabilities$774,727
Net Assets-$580,395

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $774,6002010Expenses 2011: $771,1732011Expenses 2012: $711,3552012Revenue 2013: $622,022Expenses 2013: $750,104Net Income 2013: -$128,0822013Revenue 2014: $630,946Expenses 2014: $812,792Net Income 2014: -$181,8462014Revenue 2015: $543,175Expenses 2015: $779,625Net Income 2015: -$236,4502015Revenue 2016: $586,445Expenses 2016: $746,112Net Income 2016: -$159,6672016Revenue 2017: $898,851Expenses 2017: $700,212Net Income 2017: $198,6392017Revenue 2018: $419,748Expenses 2018: $506,542Net Income 2018: -$86,7942018Revenue 2019: $365,970Expenses 2019: $653,858Net Income 2019: -$287,8882019Revenue 2020: $176,284Expenses 2020: $200,722Net Income 2020: -$24,4382020

Highlighted filing

2016

Revenue$586,445
Expenses$746,112
Net Income-$159,667
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 5, 2017
Return Version
2016v3.0
Gross Receipts
$586,445
Mission and Program Overview

Mission

Conduct the heart of illinois fair for the entertainment of the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$205,471$193,645▼ $11,826
Cash and Non-Interest-Bearing Accounts$527$687▲ $160
Total Assets$205,998$194,332▼ $11,666
Liabilities
Other Liabilities$624,317$772,486▲ $148,169
Accounts Payable and Accrued Expenses$2,409$2,241▼ $168
Total Liabilities$626,726$774,727▲ $148,001
Net Assets / Fund Balance
Unrestricted Net Assets$-420,728$-580,395▼ $159,667
Total Net Assets Fund Balance$-420,728$-580,395▼ $159,667
Total Liabilities and Net Assets / Fund Balance$205,998$194,332▼ $11,666

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$68,707$1,613,732$1,682,439
Other Land Buildings$6,797$730,590$737,387
Equipment$1,097$469,833$470,930
Land$117,044-$117,044
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert MurphyPresident
Amy Beneke MclarenDirector
Amy StewardDirector
Bob BockDirector
Carroll WetterauerDirector
Charles KennellDirector
Chris PetersonDirector
Deb OpydDirector
Douglas MurrayDirector
Dr Ruel IliffDirector
Eldon J WaldronDirector
Erica AbernothDirector
Gene Van AntwerpDirector
Jeff SmithDirector
John D DillonDirector
Jp BlissDirector
Larry ClayDirector
Leslie LeachDirector
Marty WagnerDirector
Michael W WeberDirector
Phillip SalzerDirector
Randy StevensDirector
Roxy BakerDirector
Tom KelleyDirector
Stephen SprengerSecretary/tr
Vernon SchlosserVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$51,866
Program Service Revenue
$300,423
Investment Income
$6
Other Revenue
$234,150
Change in Net Assets
$-159,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$586,445
Total Revenue per Audited Statements
$586,445
Total Revenue per Form 990
$586,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$652,601
Salaries, Compensation, and Employee Benefits$93,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$117,573$31,135-$148,708
Insurance$20,069$57,946-$78,015
Other Expenses$58,216$38,671-$58,216
Current Officers, Directors, Trustees, and Key Employees$25,175$25,175-$50,350
Advertising$42,383--$42,383
Other Salaries and Wages$11,037$24,284-$35,321
Interest$27,638--$27,638
Depreciation Depletion$9,308$4,274-$13,582
Payroll Taxes$3,314$4,526-$7,840
Fees for Services Legal-$6,575-$6,575
Travel$2,067--$2,067
Total Functional Expenses$501,278$244,834$0$746,112

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$746,112
Expenses per Audited Statements$734,285
Total Expenses per Audited Statements$734,285
Expenses Not Reported on Financial Statements$11,827
Other Expense Adjustments$11,827
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Loan$772,486
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
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

Form 990, Page 6, Part VI, Line 11B

The return was prepared by our external accountant. It was reviewed by the office manager and key officers of the board. It was emailed to the remaining board members.

Form 990, Page 6, Part VI, Line 15A

The office manager and operations manager receive annual reviews performed by the board.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Exposition Gardens Inc
EIN
37-6005523
Phone
3096916332
Address
1601 W NORTHMOOR RD PO BOX 3334, PEORIA, IL 61614

Signing Officer

Name
Robert Murphy
Title
President
Signed
2017-05-05

Organization Details

Principal Officer
Robert Murphy
Formed
1940
Legal Domicile
Il
Voting Board Members
26
Independent Board Members
26
Employees
48
Volunteers
200

Preparer

Firm
Gorenz and Associates Ltd
Address
4200 N KNOXVILLE AVE, PEORIA, IL 61614
Preparer
Tim C Custis CPA
Phone
3096857621
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Ticket sales 27,321 0 0 grandstand 26,765 0 0 security 22,543 0 0 off season event expense 0 22,152 0 beer tent 19,666 0 0 supplies 6,004 5,455 0 signs and decoration 5,852 0 0 trash 743 3,528 0 first aid 4,000 0 0 sponsorship expenses 3,407 0 0 dues and subs 1,128 0 0 bank charges 142 0 0 miscellaneous 2 0 0 total 117,573 31,135 0

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Depreciation 13,582 fixed asset expensed on financials -1,755

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