Civic Intelligence

Springboro Festivals Inc

990 • Fiscal year 2022 • EIN 46-0860948

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

PO Box 5Springboro, OH 45066

(937) 885-2523

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.00x

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

91st percentile

59%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

28%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$41,557

Up $15,422 (+59%) from 2021

Net Assets

Up

$41,557

Up $15,422 (+59%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$101,330

Up $22,239 (+28%) from 2021

Expenses

Up

$85,908

Up $21,657 (+34%) from 2021

Net Income

Up

$15,422

Up $582 (+3.9%) from 2021

Historical Trend

Balance Sheet Trend

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

$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

2022

Assets$41,557
Liabilities$0
Net Assets$41,557

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$101,330
Expenses$85,908
Net Income$15,422
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$101,330
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$26,135$41,557▲ $15,422
Rtn Earn Endowment Incm Other Fnds$26,135$41,557▲ $15,422
Total Assets$26,135$41,557▲ $15,422
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$26,135$41,557▲ $15,422
Total Liabilities and Net Assets / Fund Balance$26,135$41,557▲ $15,422
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gavin C PetersPresident
Yolanda OSTERTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$98,830
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$15,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,908
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$12,488--$12,488
Insurance$8,298--$8,298
Conferences and Meetings-$1,428-$1,428
Fees for Services Accounting-$1,174-$1,174
Advertising$704--$704
Office Expenses$210$24-$234
Information Technology$141--$141
Fees for Services Legal-$25-$25
Total Functional Expenses$83,257$2,651$0$85,908
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
Address
PO Box 5, Springboro, OH 45066

Signing Officer

Name
Yolanda OSTER
Title
Treasurer
Phone
9378852523
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Oh
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
TAXSWEEP INC James R Kelly CPA
Address
10809 Yankee St, Dayton, OH 45458
Preparer
James R Kelly CPA
Phone
9376029272
Raw XML Appendix245 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/TaxYr02022

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No mirrored PDF or thumbnail assets are attached yet.

Filings