Civic Intelligence

Hot Air Jubilee

990EZ • Fiscal year 2018 • EIN 38-3111323

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 24, 2019

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

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

18th percentile

-25%

Faster asset growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

3.0%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$37,404

Down $12,308 (-25%) from 2017

Net Assets

Down

$34,904

Down $14,808 (-30%) from 2017

Liabilities

Up

$2,500

Up $2,500 from 2017

Revenue

Up

$61,098

Up $1,801 (+3.0%) from 2017

Expenses

Up

$75,908

Up $15,728 (+26%) from 2017

Net Income

Down

-$14,810

Down $13,927 (-1577%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$37,404
Liabilities$2,500
Net Assets$34,904

Operations Trend

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

2018

Revenue$61,098
Expenses$75,908
Net Income-$14,810
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 24, 2019
Return Version
2018v3.1
Gross Receipts
$61,098
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 2018, 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 2018 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY IS APPROXIMATELY 27,215.-$75,908
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDY MERRITTFormer Chair-$0--
DEAN ANDERSONChairman-$0--
DAN BROWNTreasurer-$0--
SUE FULLERSecretary-$0--
CINDY HAYDENBoard Member-$0--
ASHLEY FALLBoard Member-$0--
JOHN STEVENSVice Chair-$0--
HARV WARSENBoard Member-$0--
JESSICA WEBBBoard Member-$0--
CHERYL HESELSCHWERDTPilot Repres-$0--
TIM CREERYBoardmember-$0--
JEFF KNAPPBoard Member-$0--
JEANNE LINDAHLBoard Member-$0--
DAVID SEEKELLPilot Chair-$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
2019-09-24
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 1,250 carnival 700 miscellaneous income 119 total 2,069

Form 990-ez, Part I, Line 16

Expenses advertising 500 advertising, print 400 advertising, radio/tv 1,500 office supplies 782 insurance 6,935 city of jackson (police) 2,717 accommodations 7,441 bank service charges 147 dues/fees/subscriptions 1,055 entertainment 150 equipment rental 10,802 food 1,361 framing 1,500 fuel 492 incentives 1,000 miscellaneous 600 performance fees 4,000 pilot package 5,746 pin 1,700 prizes 4,910 security 900 shirts 1,390 signage 5,065 supplies 1,321 picnic 1,995 total 64,409

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 2,500

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 2018, 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 2018 the estimated value of donated services and free use of property is approximately 27,215.

Raw XML Appendix198 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JUNQUE SALES 1,250 CARNIVAL 700 MISCELLANEOUS INCOME 119 TOTAL 2,069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 500 ADVERTISING, PRINT 400 ADVERTISING, RADIO/TV 1,500 OFFICE SUPPLIES 782 INSURANCE 6,935 CITY OF JACKSON (POLICE) 2,717 ACCOMMODATIONS 7,441 BANK SERVICE CHARGES 147 DUES/FEES/SUBSCRIPTIONS 1,055 ENTERTAINMENT 150 EQUIPMENT RENTAL 10,802 FOOD 1,361 FRAMING 1,500 FUEL 492 INCENTIVES 1,000 MISCELLANEOUS 600 PERFORMANCE FEES 4,000 PILOT PACKAGE 5,746 PIN 1,700 PRIZES 4,910 SECURITY 900 SHIRTS 1,390 SIGNAGE 5,065 SUPPLIES 1,321 PICNIC 1,995 TOTAL 64,409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 2,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO 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/ExplanationTxt4DURING 2018, 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 2018 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY IS APPROXIMATELY 27,215.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02019-10-04T11:11:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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