Civic Intelligence

Borrego Festivals Foundation

990EZ • Fiscal year 2018 • EIN 46-1232990

Jan 01, 2018 to Dec 31, 2018 • Filed on May 23, 2019

Organization ProfileN/A
PO Box 420Borrego Springs, CA 92004

(760) 767-5555

Siviq Scores

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

Liabilities / Assets

70th percentile

0.03x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

31st percentile

-4.2%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$39,825

Down $6,623 (-14%) from 2017

Net Assets

Down

$38,660

Down $4,716 (-11%) from 2017

Liabilities

Down

$1,165

Down $1,907 (-62%) from 2017

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin31st percentile

Revenue

Up

$111,323

Up $16,209 (+17%) from 2017

Expenses

Up

$116,039

Up $17,338 (+18%) from 2017

Net Income

Down

-$4,716

Down $1,129 (-31%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$60K$40K$20K$0Assets 2013: $800Liabilities 2013: $02013Assets 2014: $13,220Liabilities 2014: $1,854Net Assets 2014: $11,3662014Assets 2015: $25,057Liabilities 2015: $4,998Net Assets 2015: $20,0592015Assets 2016: $47,744Liabilities 2016: $781Net Assets 2016: $46,9632016Assets 2017: $46,448Liabilities 2017: $3,072Net Assets 2017: $43,3762017Assets 2018: $39,825Liabilities 2018: $1,165Net Assets 2018: $38,6602018Assets 2019: $27,112Liabilities 2019: $5,997Net Assets 2019: $21,1152019Assets 2020: $10,011Liabilities 2020: $55Net Assets 2020: $9,9562020Assets 2021: $16,592Liabilities 2021: $0Net Assets 2021: $16,5922021Assets 2022: $35,567Liabilities 2022: $423Net Assets 2022: $35,1442022Assets 2023: $1,148Liabilities 2023: $73Net Assets 2023: $1,0752023Assets 2024: $1,016Net Assets 2024: $1,0162024

Highlighted filing

2018

Assets$39,825
Liabilities$1,165
Net Assets$38,660
Open 2018 Filing

Operations Trend

Revenue Growth70th percentile

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

$150K$100K$50K$0-$50KRevenue 2013: $13,288Expenses 2013: $12,488Net Income 2013: $8002013Revenue 2014: $14,196Expenses 2014: $3,630Net Income 2014: $10,5662014Revenue 2015: $97,660Expenses 2015: $88,967Net Income 2015: $8,6932015Revenue 2016: $81,752Expenses 2016: $54,848Net Income 2016: $26,9042016Revenue 2017: $95,114Expenses 2017: $98,701Net Income 2017: -$3,5872017Revenue 2018: $111,323Expenses 2018: $116,039Net Income 2018: -$4,7162018Revenue 2019: $65,373Expenses 2019: $82,918Net Income 2019: -$17,5452019Revenue 2020: $35,344Expenses 2020: $46,503Net Income 2020: -$11,1592020Revenue 2021: $48,783Expenses 2021: $42,147Net Income 2021: $6,6362021Revenue 2022: $75,135Expenses 2022: $56,583Net Income 2022: $18,5522022Revenue 2023: $48,020Expenses 2023: $82,089Net Income 2023: -$34,0692023Revenue 2024: $39,889Expenses 2024: $39,948Net Income 2024: -$592024

Highlighted filing

2018

Revenue$111,323
Expenses$116,039
Net Income-$4,716
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 23, 2019
Return Version
2018v3.1
Gross Receipts
$111,323
Mission and Program Overview

Mission

Borrego Festivals Foundation has been created as a California Nonprofit Public Benefit Corporation with the educational and charitable purpose of funding, organizing, and promoting sports and recreation, visual and performing arts, volunteer motivation and leadership development projects, and other programs that contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.

Program Services

DescriptionGrantsExpenses
The Festival Foundation sponsors the Borrego Days community event held by the Borrego Chamber of Commerce to contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.$75,885-
The Festival Foundation sponsors the Borrego Film Festival to contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.$31,968-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan WrightPresident & CEO-$0--
Fred JeeVice President-$0--
Luann BoylanDirector-$0--
Filing and Contact Details

Filer

Filer Name
Borrego Festivals Foundation
EIN
46-1232990
Phone
7607675555
Address
PO Box 420, Borrego Springs, CA 92004

Signing Officer

Name
Fred Jee
Title
Vice President
Signed
2019-05-23
Discuss with paid preparer
Yes

Preparer

Firm
Luers & Dyer CPAs LLP
Address
PO Box 1934, Julian, CA 92036
Preparer
Rebecca Duplissey Luers CPA
Phone
7607650343
Supplemental Narrative

Additional Explanations

Other Expenses.1008

“Interest $19”

Other Expenses.1009

“Depreciation $4830”

Other Expenses.1

“Borrego Days sponsorship $75885”

Other Expenses.2

“Film Festival Expenses $31968”

Other Expenses.3

“Internet $1945”

Other Expenses.4

“BANK CHARGES $121”

Other Expenses.5

“Business filing fees $65”

Other Expenses.6

“PO Box Rental $56”

Other Assets.1003

“Machinery and Equipment - Beginning $11642 Machinery and Equipment - Ending $7676”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $3072 Accounts Payable and Accrued Expenses - Ending $1165”

Raw XML Appendix153 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Fred Hee
IRS990EZ/BooksInCareOfDetail/PhoneNum07607675555
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 420
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Borrego Springs
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092004
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034806
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt032149
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt078200
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4716
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01150
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt046448
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039825
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0111323
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt043376
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038660
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt043376
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt038660
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dan Wright
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Fred Jee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Luann Boylan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt011642
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07676
IRS990EZ/OtherExpensesTotalAmt0114889
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Borrego Festivals Foundation has been created as a California Nonprofit Public Benefit Corporation with the educational and charitable purpose of funding, organizing, and promoting sports and recreation, visual and performing arts, volunteer motivation and leadership development projects, and other programs that contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.
IRS990EZ/ProgramServiceRevenueAmt033123
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Festival Foundation sponsors the Borrego Days community event held by the Borrego Chamber of Commerce to contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The Festival Foundation sponsors the Borrego Film Festival to contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt075885
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt131968
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03072
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01165
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0116039
IRS990EZ/TotalProgramServiceExpensesAmt0107853
IRS990EZ/TotalRevenueAmt0111323
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0111774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt095114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt081752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt097660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt014196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0400496
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0400496
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0111774
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt095114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt081752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt097660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014196
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0400496
IRS990ScheduleA/TotalSupportAmt0400496
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest $19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $4830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Borrego Days sponsorship $75885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Film Festival Expenses $31968
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Internet $1945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK CHARGES $121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Business filing fees $65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PO Box Rental $56
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Machinery and Equipment - Beginning $11642 Machinery and Equipment - Ending $7676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $3072 Accounts Payable and Accrued Expenses - Ending $1165
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Fred Jee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Borrego Festivals Foundation
ReturnHeader/Filer/BusinessNameControlTxt0BORR
ReturnHeader/Filer/EIN0461232990
ReturnHeader/Filer/PhoneNum07607675555
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 420
ReturnHeader/Filer/USAddress/CityNm0Borrego Springs
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092004
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760778423
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Luers & Dyer CPAs LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1934
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Julian
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092036
ReturnHeader/PreparerPersonGrp/PhoneNum07607650343
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rebecca Duplissey Luers CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-28T15:17:41-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,825
Liabilities
$1,165
Net assets
$38,660
Revenue
$111,323
Expenses
$116,039
Net income
-$4,716
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.40$0.40$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.48$0.82$0.34
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.35$0.75$0.57$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.49$0.42$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.35$0.47$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.27$0.06$0.21$0.65$0.83$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.01$0.39$1.11$1.16$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.03$0.43$0.95$0.99$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.47$0.82$0.55$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.05$0.20$0.98$0.89$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.02$0.11$0.14$0.04$0.11
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.13$0.12$0.01