Independence Day Celebration Inc.

990 • Fiscal year 2017 • EIN 45-0970609

Jan 01, 2017 to Dec 31, 2017

Organization Profile www.mhfreedomfest.com

Morgan Hill, CA

Siviq Scores

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

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

9.2%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

No value available

This filing does not contain officer compensation rows.

Source year 2017

78%

Faster asset growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

50%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets73rd percentile

Assets

$59,920

Up $26,277 (+78%) from 2016

Net Assets

$56,710

Up $27,797 (+96%) from 2016

Liabilities

Down

$3,210

Down $1,520 (-32%) from 2016

Revenue And Expenses

Liabilities / Revenue64th percentile Net Margin62nd percentile

Revenue

$300,939

Up $100,016 (+50%) from 2016

Expenses

$273,142

Up $95,171 (+53%) from 2016

Net Income

$27,797

Up $4,845 (+21%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

Highlighted filing

2017

Assets$59,920

Liabilities$3,210

Net Assets$56,710

Open 2017 Filing

Operations Trend

Revenue Growth85th percentile

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

Highlighted filing

2017

Revenue$300,939

Expenses$273,142

Net Income$27,797

Open 2017 Filing

Filing Detail Status

This 2017 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, 2017 to Dec 31, 2017

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

2017 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $59,920
Liabilities: $3,210
Net assets: $56,710
Revenue: $300,939
Expenses: $273,142
Net income: $27,797

	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