Civic Intelligence

Irish Fest Foundation Inc.

990 • Fiscal year 2019 • EIN 39-1757574

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 27, 2020

1532 Wauwatosa AveWauwatosa, WI 53213

(414) 476-3378

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

64th percentile

9.6%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

46%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$948,610

Up $83,476 (+9.6%) from 2018

Net Assets

Up

$948,610

Up $83,476 (+9.6%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$26,870

Up $8,416 (+46%) from 2018

Expenses

Down

$20,719

Down $5,148 (-20%) from 2018

Net Income

Up

$6,151

Up $13,564 (+183%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $829,144Liabilities 2011: $2,500Net Assets 2011: $826,6442011Assets 2012: $869,244Liabilities 2012: $2,500Net Assets 2012: $866,7442012Assets 2013: $878,635Liabilities 2013: $5,000Net Assets 2013: $873,6352013Assets 2014: $864,946Liabilities 2014: $0Net Assets 2014: $864,9462014Assets 2015: $855,009Liabilities 2015: $0Net Assets 2015: $855,0092015Assets 2016: $878,016Liabilities 2016: $0Net Assets 2016: $878,0162016Assets 2017: $899,317Liabilities 2017: $0Net Assets 2017: $899,3172017Assets 2018: $865,134Liabilities 2018: $0Net Assets 2018: $865,1342018Assets 2019: $948,610Liabilities 2019: $0Net Assets 2019: $948,6102019Assets 2020: $979,400Liabilities 2020: $0Net Assets 2020: $979,4002020Assets 2021: $1,015,842Liabilities 2021: $0Net Assets 2021: $1,015,8422021Assets 2022: $957,439Liabilities 2022: $0Net Assets 2022: $957,4392022Assets 2023: $998,055Liabilities 2023: $3,000Net Assets 2023: $995,0552023Assets 2024: $1,039,945Liabilities 2024: $0Net Assets 2024: $1,039,9452024

Highlighted filing

2019

Assets$948,610
Liabilities$0
Net Assets$948,610

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $21,274Expenses 2011: $24,225Net Income 2011: -$2,9512011Revenue 2012: $48,618Expenses 2012: $28,318Net Income 2012: $20,3002012Revenue 2013: $48,596Expenses 2013: $28,985Net Income 2013: $19,6112013Revenue 2014: $43,581Expenses 2014: $32,715Net Income 2014: $10,8662014Revenue 2015: $35,829Expenses 2015: $25,892Net Income 2015: $9,9372015Revenue 2016: $34,741Expenses 2016: $16,090Net Income 2016: $18,6512016Revenue 2017: $22,209Expenses 2017: $23,044Net Income 2017: -$8352017Revenue 2018: $18,454Expenses 2018: $25,867Net Income 2018: -$7,4132018Revenue 2019: $26,870Expenses 2019: $20,719Net Income 2019: $6,1512019Revenue 2020: $22,810Expenses 2020: $2,403Net Income 2020: $20,4072020Revenue 2021: $22,259Expenses 2021: $6,609Net Income 2021: $15,6502021Revenue 2022: $67,251Expenses 2022: $23,813Net Income 2022: $43,4382022Revenue 2023: $44,580Expenses 2023: $27,979Net Income 2023: $16,6012023Revenue 2024: $48,582Expenses 2024: $35,582Net Income 2024: $13,0002024

Highlighted filing

2019

Revenue$26,870
Expenses$20,719
Net Income$6,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 27, 2020
Return Version
2019v5.1
Gross Receipts
$159,990
Mission and Program Overview

Mission

To support irish culture and community charities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$860,214$942,781▲ $82,567
Cash and Non-Interest-Bearing Accounts$1,764$3,852▲ $2,088
Accounts Receivable$3,156$1,977▼ $1,179
Total Assets$865,134$948,610▲ $83,476
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$831,183$914,659▲ $83,476
Net Assets With Donor Restrictions$33,951$33,951→ $0
Total Net Assets Fund Balance$865,134$948,610▲ $83,476
Total Liabilities and Net Assets / Fund Balance$865,134$948,610▲ $83,476
Compensation and Service Providers

Board Members and Trustees

NameTitle
Colleen KennedyPresident
Bernie MccartanVice President
Jane WalrathDirector
Patrick RussellDirector
Tom BarrettDirector
Pat FitzgibbonsSecretary
John MaherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$26,870
Other Revenue
$0
Change in Net Assets
$6,151

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,870
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$77,325
Total Revenue per Audited Statements
$104,195
Total Revenue per Form 990
$26,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$20,615
Other Expenses$104
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$20,615--$20,615
Other Expenses-$40-$40
Total Functional Expenses$20,615$104$0$20,719

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,719
Total Expenses per Audited Statements$20,719
Total Expenses per Form 990$20,719
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

During 2019, the qualifications of the board of directors were amended. The foundation now requires only one board member be a member of irish festivals, inc. (acting as a liason). This bylaw amendment allows the foundation to be in compliance with the requirements of a type 1 supporting organization.

Form 990, Part VI, Section B, Line 11B

The organization provides a copy of form 990 to the board of directors prior to filing the form.

Form 990, Part VI, Section B, Line 12C

The organization has a written conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflicts of interest policy, and form 990 available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Irishfest Foundation Inc
EIN
39-1757574
Phone
4144763378
Address
1532 WAUWATOSA AVE, WAUWATOSA, WI 53213

Signing Officer

Name
Colleen Kennedy
Title
President
Phone
4144763378
Signed
2020-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Kennedy
Formed
1993
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Reilly Penner & Benton Llp
Address
1233 NORTH MAYFAIR RD SUITE 302, MILWAUKEE, WI 53226-3255
Preparer
Joel Joyce
Phone
4142717800
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization has implemented accounting for uncertainty in income taxes in accordance with accounting principles generally accepted in the united states of america. This standard describes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognizing, interest, penalties and disclosure required. Management of the organization evaluates the uncertain tax positions taken, if any, and consults with outside counsel as deemed necessary. The organization recognizes interest and penalties, if any, related to unrecognized tax liabilities in income tax expense.

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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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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2019, THE QUALIFICATIONS OF THE BOARD OF DIRECTORS WERE AMENDED. THE FOUNDATION NOW REQUIRES ONLY ONE BOARD MEMBER BE A MEMBER OF IRISH FESTIVALS, INC. (ACTING AS A LIASON). THIS BYLAW AMENDMENT ALLOWS THE FOUNDATION TO BE IN COMPLIANCE WITH THE REQUIREMENTS OF A TYPE 1 SUPPORTING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO THE BOARD OF DIRECTORS PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IRISH FESTIVALS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391374611
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROMOTE AND CELEBRATE ALL ASPECTS OF IRISH CULTURE.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01532 WAUWATOSA AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WAUWATOSA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053213
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0865134
IRS990/TotalAssetsEOYAmt0948610
IRS990/TotalAssetsGrp/BOYAmt0865134
IRS990/TotalAssetsGrp/EOYAmt0948610
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0104
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt020615
IRS990/TotalFunctionalExpensesGrp/TotalAmt020719
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0865134
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0948610
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt020615
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt026870
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026870
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0865134
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0948610
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01532 WAUWATOSA AVE
IRS990/USAddress/CityNm0WAUWATOSA
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053213
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.CELTICMKE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0COLLEEN KENNEDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04144763378
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE IRISHFEST FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0IRIS
ReturnHeader/Filer/EIN0391757574
ReturnHeader/Filer/PhoneNum04144763378
ReturnHeader/Filer/USAddress/AddressLine1Txt01532 WAUWATOSA AVE
ReturnHeader/Filer/USAddress/CityNm0WAUWATOSA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053213
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DC9D4C106E0B439C1BB4C77D23E9E9EBED526BDE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ABAD72A40828CA7D885EE0A9D151F3C4094AFD79
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.133.53.121
ReturnHeader/FilingSecurityInformation/IPDt02020-04-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:55:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390747409
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REILLY PENNER & BENTON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01233 NORTH MAYFAIR RD SUITE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILWAUKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0532263255
ReturnHeader/PreparerPersonGrp/PhoneNum04142717800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL JOYCE
ReturnHeader/ReturnTs02020-05-08T15:00:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
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.$1.04$0.00$1.04$0.05$0.04$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.04$0.03$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.07$0.02$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.02$0.01$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.02$0.00$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.03$0.02$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.02$0.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.02$0.02$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.03$0.02$0.02
2015Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.04$0.03$0.01
2014Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.04$0.03$0.01
2013Summary only. Only limited summary data is available for this year.$0.88$0.01$0.87$0.05$0.03$0.02
2012Summary only. Only limited summary data is available for this year.$0.87$0.00$0.87$0.05$0.03$0.02
2011Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$0.02$0.02$0.00