Civic Intelligence

Springboro Festivals Inc

EIN 46-0860948 • 501(c)4 • Springboro, OH

Profile

Community Festival & Support Various Charities in the Springboro Community

PO Box 5Springboro, OH 45066

www.springborofestivals.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

43rd percentile

-0.9%

Higher net margin than 43% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

-3.1%

Faster asset growth than 47% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

1.6%

Faster revenue growth than 55% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$28,443

Down $924 (-3.1%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$28,443

Down $924 (-3.1%) from 2023

Revenue

Up

$104,140

Up $1,612 (+1.6%) from 2023

Expenses

Down

$105,064

Down $9,654 (-8.4%) from 2023

Net Income

Up

-$924

Up $11,266 (+92%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2014: $1,709Liabilities 2014: $0Net Assets 2014: $1,7092014Assets 2015: $5,547Liabilities 2015: $0Net Assets 2015: $5,5472015Assets 2016: $8,047Liabilities 2016: $0Net Assets 2016: $8,0472016Assets 2017: $4,888Liabilities 2017: $0Net Assets 2017: $4,8882017Assets 2018: $10,878Liabilities 2018: $0Net Assets 2018: $10,8782018Assets 2019: $9,691Liabilities 2019: $0Net Assets 2019: $9,6912019Assets 2021: $26,135Liabilities 2021: $0Net Assets 2021: $26,1352021Assets 2022: $41,557Liabilities 2022: $0Net Assets 2022: $41,5572022Assets 2023: $29,367Liabilities 2023: $0Net Assets 2023: $29,3672023Assets 2024: $28,443Liabilities 2024: $0Net Assets 2024: $28,4432024

Highlighted filing

2024

Assets$28,443
Liabilities$0
Net Assets$28,443

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $44,208Expenses 2014: $46,432Net Income 2014: -$2,2242014Revenue 2015: $48,719Expenses 2015: $44,881Net Income 2015: $3,8382015Revenue 2016: $2,507Expenses 2016: $7Net Income 2016: $2,5002016Revenue 2017: $35,752Expenses 2017: $36,363Net Income 2017: -$6112017Revenue 2018: $53,916Expenses 2018: $47,926Net Income 2018: $5,9902018Revenue 2019: $59,174Expenses 2019: $60,361Net Income 2019: -$1,1872019Revenue 2021: $79,091Expenses 2021: $64,251Net Income 2021: $14,8402021Revenue 2022: $101,330Expenses 2022: $85,908Net Income 2022: $15,4222022Revenue 2023: $102,528Expenses 2023: $114,718Net Income 2023: -$12,1902023Revenue 2024: $104,140Expenses 2024: $105,064Net Income 2024: -$9242024

Highlighted filing

2024

Revenue$104,140
Expenses$105,064
Net Income-$924

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 15, 2025
Return Version
2024v5.0
Gross Receipts
$104,140
Mission and Program Overview

Mission

Free Xmas Festival and donate to needy

Community Festival & Support Various Charities in the Springboro Community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,367$28,443▼ $924
Rtn Earn Endowment Incm Other Fnds$29,367$28,443▼ $924
Total Assets$29,367$28,443▼ $924
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,367$28,443▼ $924
Total Liabilities and Net Assets / Fund Balance$29,367$28,443▼ $924
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gavin C PetersPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$101,640
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$105,064
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
Other Expenses$12,787--$12,787
Insurance$9,697--$9,697
Occupancy$3,326--$3,326
Fees for Services Accounting$2,572--$2,572
Depreciation Depletion$1,167--$1,167
Office Expenses$505--$505
Total Functional Expenses$105,064$0$0$105,064
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
In-house lobbying only
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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

Form 990 governing body review Part VI line 11

No review has been conducted

Governing documents etc available to public Part VI line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
SPRINGBORO FESTIVALS Inc
EIN
46-0860948
In Care Of
% Gavin Peters
Phone
9378852523
Address
PO Box 5, Springboro, OH 45066

Signing Officer

Name
Gavin Peters
Title
President
Phone
9378852523
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gavin C Peters
Formed
2012
Legal Domicile
Oh
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
18

Preparer

Firm
TAXSWEEP INC James R Kelly CPA
Address
1575 WoodLand Greens Blvd, Springboro, OH 45066
Preparer
James R Kelly CPA
Phone
9376029272
Raw XML Appendix243 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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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.