Civic Intelligence

King Turkey Day Inc

990 • Fiscal year 2015 • EIN 41-0842160

Jan 01, 2015 to Dec 31, 2015 • Filed on May 18, 2016

1121 Third AvenueWorthington, MN 56187

(507) 372-2919

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

15th percentile

-16%

Higher net margin than 15% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

4th percentile

-56%

Faster asset growth than 4% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-7.7%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$16,373

Down $21,117 (-56%) from 2014

Net Assets

Down

$16,373

Down $21,117 (-56%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$131,095

Down $10,987 (-7.7%) from 2014

Expenses

Up

$152,212

Up $1,390 (+0.9%) from 2014

Net Income

Down

-$21,117

Down $12,377 (-142%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $39,434Liabilities 2012: $0Net Assets 2012: $39,4342012Assets 2013: $46,230Liabilities 2013: $0Net Assets 2013: $46,2302013Assets 2014: $37,490Liabilities 2014: $0Net Assets 2014: $37,4902014Assets 2015: $16,373Liabilities 2015: $0Net Assets 2015: $16,3732015Assets 2016: $28,995Liabilities 2016: $0Net Assets 2016: $28,9952016Assets 2017: $29,473Liabilities 2017: $0Net Assets 2017: $29,4732017Assets 2018: $35,446Liabilities 2018: $0Net Assets 2018: $35,4462018Assets 2019: $43,502Liabilities 2019: $0Net Assets 2019: $43,5022019Assets 2020: $54,773Liabilities 2020: $0Net Assets 2020: $54,7732020Assets 2021: $78,747Liabilities 2021: $0Net Assets 2021: $78,7472021Assets 2022: $64,776Liabilities 2022: $0Net Assets 2022: $64,7762022Assets 2023: $69,756Liabilities 2023: $0Net Assets 2023: $69,7562023Assets 2024: $86,778Liabilities 2024: $0Net Assets 2024: $86,7782024

Highlighted filing

2015

Assets$16,373
Liabilities$0
Net Assets$16,373

Operations Trend

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

$200K$150K$100K$50K$0-$50KExpenses 2011: $02011Revenue 2012: $138,459Expenses 2012: $139,615Net Income 2012: -$1,1562012Revenue 2013: $152,199Expenses 2013: $145,404Net Income 2013: $6,7952013Revenue 2014: $142,082Expenses 2014: $150,822Net Income 2014: -$8,7402014Revenue 2015: $131,095Expenses 2015: $152,212Net Income 2015: -$21,1172015Revenue 2016: $134,153Expenses 2016: $121,531Net Income 2016: $12,6222016Revenue 2017: $118,484Expenses 2017: $118,006Net Income 2017: $4782017Revenue 2018: $111,395Expenses 2018: $105,422Net Income 2018: $5,9732018Revenue 2019: $80,815Expenses 2019: $72,759Net Income 2019: $8,0562019Revenue 2020: $24,336Expenses 2020: $13,065Net Income 2020: $11,2712020Revenue 2021: $79,850Expenses 2021: $55,876Net Income 2021: $23,9742021Revenue 2022: $91,546Expenses 2022: $105,517Net Income 2022: -$13,9712022Revenue 2023: $87,261Expenses 2023: $82,281Net Income 2023: $4,9802023Revenue 2024: $104,538Expenses 2024: $87,516Net Income 2024: $17,0222024

Highlighted filing

2015

Revenue$131,095
Expenses$152,212
Net Income-$21,117
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 18, 2016
Return Version
2015v2.1
Gross Receipts
$131,095
Mission and Program Overview

Mission

To promote king turkey day community celebration

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$36,296$16,352▼ $19,944
Cash and Non-Interest-Bearing Accounts$1,194$21▼ $1,173
Total Assets$37,490$16,373▼ $21,117
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$37,490$16,373▼ $21,117
Total Net Assets Fund Balance$37,490$16,373▼ $21,117
Total Liabilities and Net Assets / Fund Balance$37,490$16,373▼ $21,117
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kirk FeitPresident
Terri OdellSecretary
Jamie SalinasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$58
Other Revenue
$131,037
Change in Net Assets
$-21,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,212
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$103,365
Advertising---$10,582
Other Expenses---$3,129
Insurance---$3,050
Travel---$2,816
Office Expenses---$1,628
Fees for Services Accounting---$199
Total Functional Expenses$0$0$0$152,212
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

Part VI Section C

All documents available upon request

Filing and Contact Details

Filer

Filer Name
King Turkey Day Inc
EIN
41-0842160
Phone
5073722919
Address
1121 THIRD AVENUE, WORTHINGTON, MN 56187
Doing Business As
King Turkey Day

Signing Officer

Name
Kirk Feit
Title
President
Phone
5073722919
Signed
2016-05-18

Organization Details

Principal Officer
Kirk Feit
Legal Domicile
Mn
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
6

Preparer

Firm
H and R Block
Address
1039 OXFORD ST, WORTHINGTON, MN 56187
Preparer
Shane Evers
Phone
5073764108
Supplemental Narrative

Additional Explanations

Part I Line 6

The individuals on the board are not compensated and they are all volunteers.

Part V Line 14

No income was rec from tanning services

Raw XML Appendix239 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0131095
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InsuranceGrp/TotalAmt03050
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt058
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LicensedMoreThanOneStateInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
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IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt098711
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt037490
IRS990/NetAssetsOrFundBalancesEOYAmt016373
IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt19924
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt27194
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IRS990/PartialLiquidationInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION C
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05073722919
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ReturnHeader/Filer/EIN0410842160
ReturnHeader/Filer/PhoneNum05073722919
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ReturnHeader/PreparerPersonGrp/PhoneNum05073764108
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANE EVERS
ReturnHeader/ReturnTs02016-05-18T19:09:03Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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.$0.87$0.00$0.87$1.05$0.88$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.87$0.82$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.92$1.06$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.80$0.56$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.24$0.13$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.81$0.73$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.11$1.05$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.18$1.18$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.34$1.22$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$1.31$1.52$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.42$1.51$0.09
2013Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$1.52$1.45$0.07
2012Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$1.38$1.40$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00