Independence Day Celebration Inc.

990 • Fiscal year 2016 • EIN 45-0970609

Jan 01, 2016 to Dec 31, 2016

Organization Profile www.mhfreedomfest.com

Morgan Hill, CA

Siviq Scores

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

0.14x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

11%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

338%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

12%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets80th percentile

Assets

$33,643

Up $25,965 (+338%) from 2015

Net Assets

$28,913

No earlier filing loaded for comparison.

Liabilities

$4,730

Up $3,013 (+175%) from 2015

Revenue And Expenses

Liabilities / Revenue70th percentile Net Margin66th percentile

Revenue

$200,923

Up $21,117 (+12%) from 2015

Expenses

$177,971

Up $19,692 (+12%) from 2015

Net Income

$22,952

Up $1,425 (+6.6%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

Highlighted filing

2016

Assets$33,643

Liabilities$4,730

Net Assets$28,913

Open 2016 Filing

Operations Trend

Revenue Growth65th percentile

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

Highlighted filing

2016

Revenue$200,923

Expenses$177,971

Net Income$22,952

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016

Mission and Program Overview

Mission

To provide for multi day Independence Day Celebration Events in the City of Morgan Hill including the 4th of July Parade, Fireworks show, Car & Cruise Show, Patriotic Sing, Family Music Fest, 5K Run

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $33,643
Liabilities: $4,730
Net assets: $28,913
Revenue: $200,923
Expenses: $177,971
Net income: $22,952

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.30	$0.02	$1.28	$3.21	$3.22	$0.00
2023Detailed filing. Detailed filing data is available for this year.	$1.27	$0.00	$1.27	$3.26	$3.01	$0.24
2022Detailed filing. Detailed filing data is available for this year.	$0.98	$0.00	$0.98	$2.81	$3.14	$0.33
2021Detailed filing. Detailed filing data is available for this year.	$1.31	$0.00	$1.31	$2.89	$2.56	$0.33
2020Summary only. Only limited summary data is available for this year.	$1.03	$0.05		$0.23	$0.21	$0.02
2019Summary only. Only limited summary data is available for this year.	$0.96	$0.00	$0.96	$3.17	$2.94	$0.22
2018Summary only. Only limited summary data is available for this year.	$0.76	$0.02	$0.74	$3.09	$2.89	$0.20
2017Summary only. Only limited summary data is available for this year.	$0.60	$0.03	$0.57	$3.01	$2.73	$0.28
2016Summary only. Only limited summary data is available for this year.	$0.34	$0.05	$0.29	$2.01	$1.78	$0.23
2015Summary only. Only limited summary data is available for this year.	$0.08	$0.02		$1.80	$1.58	$0.22
2014Summary only. Only limited summary data is available for this year.	$0.05	$0.23		$1.54	$1.75	$0.20