Civic Intelligence

Hot Air Jubilee

990EZ • Fiscal year 2019 • EIN 38-3111323

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

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

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.05x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

12th percentile

-41%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

29th percentile

-15%

Faster revenue growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$22,243

Down $15,161 (-41%) from 2018

Net Assets

Down

$19,743

Down $15,161 (-43%) from 2018

Liabilities

Flat

$2,500

Flat from 2018

Revenue

Down

$52,017

Down $9,081 (-15%) from 2018

Expenses

Down

$67,178

Down $8,730 (-12%) from 2018

Net Income

Down

-$15,161

Down $351 (-2.4%) from 2018

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

2019

Assets$22,243
Liabilities$2,500
Net Assets$19,743

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

2019

Revenue$52,017
Expenses$67,178
Net Income-$15,161
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$52,017
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 2019, 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 2019 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY AND EQUIPMENT IS APPROXIMATELY 21,500.-$67,178
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEAN ANDERSONBoard Member-$0--
SUE FULLERBoard Member-$0--
CINDY HAYDENBoard Member-$0--
JOHN STEVENSBoard Member-$0--
HARV WARSENBoard Member-$0--
JEFF KNAPPChairman-$0--
JEANNE LINDAHLBoard Member-$0--
DAVID SEEKELLVice Chairma-$0--
TIM CREERYBoard Member-$0--
CHUCK BUTCHARTBoard Member-$0--
ANGELA MADDENSecretary-$0--
JACQUE AUSTINTreasurer-$0--
STEVE SITKOPilot Rep-$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
Jeff Knapp
Title
Chairman
Phone
5177821515
Signed
2020-11-09
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 1,485 miscellaneous income 591 total 2,076

Form 990-ez, Part I, Line 16

Expenses advertising 245 advertising, print 400 advertising, radio/tv 500 office supplies 282 insurance 6,569 city of jackson (police) 3,995 accommodations 10,419 bank service charges 164 dues/fees/subscriptions 788 entertainment 150 equipment rental 10,749 food 3,500 fuel 590 miscellaneous 506 performance fees 4,000 pilot package 1,455 pin 1,280 prizes 3,024 security 1,200 shirts 862 signage 1,187 supplies 473 set-up and tear down 1,200 kids kingdom 1,757 seminars 1,102 total 56,397

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,500 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 2019, 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 2019 the estimated value of donated services and free use of property and equipment is approximately 21,500.

Raw XML Appendix196 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 1,485 MISCELLANEOUS INCOME 591 TOTAL 2,076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 245 ADVERTISING, PRINT 400 ADVERTISING, RADIO/TV 500 OFFICE SUPPLIES 282 INSURANCE 6,569 CITY OF JACKSON (POLICE) 3,995 ACCOMMODATIONS 10,419 BANK SERVICE CHARGES 164 DUES/FEES/SUBSCRIPTIONS 788 ENTERTAINMENT 150 EQUIPMENT RENTAL 10,749 FOOD 3,500 FUEL 590 MISCELLANEOUS 506 PERFORMANCE FEES 4,000 PILOT PACKAGE 1,455 PIN 1,280 PRIZES 3,024 SECURITY 1,200 SHIRTS 862 SIGNAGE 1,187 SUPPLIES 473 SET-UP AND TEAR DOWN 1,200 KIDS KINGDOM 1,757 SEMINARS 1,102 TOTAL 56,397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,500 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 2019, 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 2019 THE ESTIMATED VALUE OF DONATED SERVICES AND FREE USE OF PROPERTY AND EQUIPMENT IS APPROXIMATELY 21,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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