Civic Intelligence

Hot Air Jubilee

990EZ • Fiscal year 2017 • EIN 38-3111323

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

Organization ProfileHOTAIRJUBILEE.COM
PO Box 1838Jackson, MI 49204-1838

(517) 782-1515

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

37th percentile

-1.5%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-26%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$49,712

Down $883 (-1.7%) from 2016

Net Assets

Down

$49,712

Down $883 (-1.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin37th percentile

Revenue

Down

$59,297

Down $21,363 (-26%) from 2016

Expenses

Down

$60,180

Down $14,500 (-19%) from 2016

Net Income

Down

-$883

Down $6,863 (-115%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$60K$40K$20K$0Assets 2010: $10,198Net Assets 2010: $10,1982010Assets 2011: $6,292Liabilities 2011: $6,115Net Assets 2011: $1772011Assets 2012: $22,124Net Assets 2012: $22,1242012Assets 2013: $30,422Liabilities 2013: $0Net Assets 2013: $30,4222013Assets 2014: $44,693Liabilities 2014: $0Net Assets 2014: $44,6932014Assets 2015: $44,615Liabilities 2015: $0Net Assets 2015: $44,6152015Assets 2016: $50,595Liabilities 2016: $0Net Assets 2016: $50,5952016Assets 2017: $49,712Liabilities 2017: $0Net Assets 2017: $49,7122017Assets 2018: $37,404Liabilities 2018: $2,500Net Assets 2018: $34,9042018Assets 2019: $22,243Liabilities 2019: $2,500Net Assets 2019: $19,7432019Assets 2020: $22,545Liabilities 2020: $692Net Assets 2020: $21,8532020Assets 2021: $38,237Liabilities 2021: $0Net Assets 2021: $38,2372021Assets 2022: $35,902Liabilities 2022: $2,744Net Assets 2022: $33,1582022Assets 2023: $25,036Liabilities 2023: $0Net Assets 2023: $25,0362023Assets 2024: $26,236Liabilities 2024: $2,900Net Assets 2024: $23,3362024

Highlighted filing

2017

Assets$49,712
Liabilities$0
Net Assets$49,712
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $106,308Expenses 2010: $92,132Net Income 2010: $14,1762010Revenue 2011: $81,811Expenses 2011: $91,832Net Income 2011: -$10,0212011Revenue 2012: $81,581Expenses 2012: $59,634Net Income 2012: $21,9472012Revenue 2013: $73,906Expenses 2013: $65,608Net Income 2013: $8,2982013Revenue 2014: $86,050Expenses 2014: $71,779Net Income 2014: $14,2712014Revenue 2015: $77,128Expenses 2015: $77,206Net Income 2015: -$782015Revenue 2016: $80,660Expenses 2016: $74,680Net Income 2016: $5,9802016Revenue 2017: $59,297Expenses 2017: $60,180Net Income 2017: -$8832017Revenue 2018: $61,098Expenses 2018: $75,908Net Income 2018: -$14,8102018Revenue 2019: $52,017Expenses 2019: $67,178Net Income 2019: -$15,1612019Revenue 2020: $6,303Expenses 2020: $4,193Net Income 2020: $2,1102020Revenue 2021: $18,756Expenses 2021: $2,373Net Income 2021: $16,3832021Revenue 2022: $3,778Expenses 2022: $8,857Net Income 2022: -$5,0792022Revenue 2023: $3,572Expenses 2023: $11,693Net Income 2023: -$8,1212023Revenue 2024: $3,270Expenses 2024: $4,971Net Income 2024: -$1,7012024

Highlighted filing

2017

Revenue$59,297
Expenses$60,180
Net Income-$883
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$59,297
Mission and Program Overview

Mission

To provide those attending the jubilee an educational experience involving hot air ballooning, flight, vintage aircraft shows, static displays and other miscellaneous flight related subjects.

Program Services

DescriptionGrantsExpenses
DURING 2017, IN EXCESS OF 20 BALLOONIST CAME TO JACKSON TO PARTICIPATE IN VARIOUS EVENTS. THE EVENTS BRING NUMEROUS PATICIPANTS, VENDORS AND SPECTATORS INTO THE COUNTY. THE PROGRAMS AVAILABLE DURING THE HOT AIR JUBILEE EVENT INCLUDE VINTAGE AIRCRAFT SHOWS, STATIC AIRCRAFT DISPLAYS, AND HOT AIR BALLOONING AND EDUCATIONAL PROGRAMS FOR CHILDREN. IN 2017 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY IS APPROXIMATELY 32,500.-$60,180
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDY MERRITTChairman-$0--
DEAN ANDERSONVice Chairma-$0--
DAN BROWNTreasurer-$0--
SUE FULLERSecretary-$0--
CINDY HAYDENBoard Member-$0--
ASHLEY FALLBoard Member-$0--
JOHN STEVENSBoard Member-$0--
HARV WARSENBoard Member-$0--
JESSICA WEBBBoard Member-$0--
CHERYL HESELSCHWERDTPilot Repres-$0--
TIM CREERYBoardmember-$0--
Filing and Contact Details

Filer

Filer Name
Hot Air Jubilee
EIN
38-3111323
Phone
5177821515
Address
PO BOX 1838, JACKSON, MI 49204-1838

Signing Officer

Name
Sue Fuller
Title
Secretary
Phone
5177821515
Signed
2018-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Bond & Company Plc
Address
113 WEST MICHIGAN AVENUE SUITE 301, JACKSON, MI 49201
Preparer
Patrick T Walz
Phone
5177898900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Junque sales 2,540 miscellaneous income 1,180 raffle 97 total 3,817”

Form 990-ez, Part I, Line 16

“Expenses christmas parade (includes fu 91 advertising 50 advertising, print 400 office supplies 32 insurance 6,945 city of jackson (police) 4,100 accommodations 4,347 bank service charges 10 banners/magnetics 327 dues/fees/subscriptions 936 entertainment 150 equipment rental 6,335 food 1,500 fuel 241 incentives 1,100 miscellaneous 319 performance fees 4,000 pilot package 3,579 pin 647 prizes 3,063 security 825 shirts 1,323 signage 1,316 supplies 3,985 maintenance 72 picnic 1,995 total 47,688”

Form 990-ez, Part III

“To provide those attending the jubilee an educational experience involving hot air ballooning, flight, vintage aircraft shows, static displays and other miscellaneous flight related subjects.”

Form 990-ez, Part III, Line 28

“During 2017, in excess of 20 balloonist came to jackson to participate in various events. The events bring numerous paticipants, vendors and spectators into the county. The programs available during the hot air jubilee event include vintage aircraft shows, static aircraft displays, and hot air ballooning and educational programs for children. In 2017 the estimated value of donated services and free use of property is approximately 32,500.”

Raw XML Appendix181 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/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt060180
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JUNQUE SALES 2,540 MISCELLANEOUS INCOME 1,180 RAFFLE 97 TOTAL 3,817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES CHRISTMAS PARADE (INCLUDES FU 91 ADVERTISING 50 ADVERTISING, PRINT 400 OFFICE SUPPLIES 32 INSURANCE 6,945 CITY OF JACKSON (POLICE) 4,100 ACCOMMODATIONS 4,347 BANK SERVICE CHARGES 10 BANNERS/MAGNETICS 327 DUES/FEES/SUBSCRIPTIONS 936 ENTERTAINMENT 150 EQUIPMENT RENTAL 6,335 FOOD 1,500 FUEL 241 INCENTIVES 1,100 MISCELLANEOUS 319 PERFORMANCE FEES 4,000 PILOT PACKAGE 3,579 PIN 647 PRIZES 3,063 SECURITY 825 SHIRTS 1,323 SIGNAGE 1,316 SUPPLIES 3,985 MAINTENANCE 72 PICNIC 1,995 TOTAL 47,688
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE THOSE ATTENDING THE JUBILEE AN EDUCATIONAL EXPERIENCE INVOLVING HOT AIR BALLOONING, FLIGHT, VINTAGE AIRCRAFT SHOWS, STATIC DISPLAYS AND OTHER MISCELLANEOUS FLIGHT RELATED SUBJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING 2017, IN EXCESS OF 20 BALLOONIST CAME TO JACKSON TO PARTICIPATE IN VARIOUS EVENTS. THE EVENTS BRING NUMEROUS PATICIPANTS, VENDORS AND SPECTATORS INTO THE COUNTY. THE PROGRAMS AVAILABLE DURING THE HOT AIR JUBILEE EVENT INCLUDE VINTAGE AIRCRAFT SHOWS, STATIC AIRCRAFT DISPLAYS, AND HOT AIR BALLOONING AND EDUCATIONAL PROGRAMS FOR CHILDREN. IN 2017 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY IS APPROXIMATELY 32,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02018-11-12T11:42:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,712
Liabilities
$0
Net assets
$49,712
Revenue
$59,297
Expenses
$60,180
Net income
-$883
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.23$0.03$0.05$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.04$0.12$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.03$0.33$0.04$0.09$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.19$0.02$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.22$0.06$0.04$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.03$0.20$0.52$0.67$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.03$0.35$0.61$0.76$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.59$0.60$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.81$0.75$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.77$0.77$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.86$0.72$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.74$0.66$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.22$0.82$0.60$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.00$0.82$0.92$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.10$1.06$0.92$0.14