Civic Intelligence

Springboro Festivals Inc

990 • Fiscal year 2023 • EIN 46-0860948

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization Profilewww.springborofestivals.org
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.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.00x

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

14th percentile

-29%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

1.2%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$29,367

Down $12,190 (-29%) from 2022

Net Assets

Down

$29,367

Down $12,190 (-29%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin25th percentile

Revenue

Up

$102,528

Up $1,198 (+1.2%) from 2022

Expenses

Up

$114,718

Up $28,810 (+34%) from 2022

Net Income

Down

-$12,190

Down $27,612 (-179%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

2023

Assets$29,367
Liabilities$0
Net Assets$29,367
Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

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

2023

Revenue$102,528
Expenses$114,718
Net Income-$12,190
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$102,528
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$41,557$29,367▼ $12,190
Rtn Earn Endowment Incm Other Fnds$41,557$29,367▼ $12,190
Total Assets$41,557$29,367▼ $12,190
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$41,557$29,367▼ $12,190
Total Liabilities and Net Assets / Fund Balance$41,557$29,367▼ $12,190
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Gavin C PetersPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$100,028
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-12,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,718
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$15,531--$15,531
Total Functional Expenses$114,718$0$0$114,718
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
Gavin Peters
Title
President
Phone
9378852523
Signed
2024-11-15
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
1575 WoodLand Greens Blvd, Springboro, OH 45066
Preparer
James R Kelly CPA
Phone
9376029272
Raw XML Appendix217 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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IRS990/GrantsToIndividualsInd0false
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IRS990/LoanOutstandingInd0false
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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/TotalAmt099187
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IRS990/PartialLiquidationInd0false
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
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ReturnHeader/Filer/EIN0460860948
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311457014
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01575 WoodLand Greens Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Springboro
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045066
ReturnHeader/PreparerPersonGrp/PhoneNum09376029272
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James R Kelly CPA
ReturnHeader/ReturnTs02024-11-15T14:42:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,367
Liabilities
$0
Net assets
$29,367
Revenue
$102,528
Expenses
$114,718
Net income
-$12,190
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$1.04$1.05$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.03$1.15$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.01$0.86$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.79$0.64$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.59$0.60$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.54$0.48$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.36$0.36$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.03$0.00$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.49$0.45$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.44$0.46$0.02