Civic Intelligence

Borrego Festivals Foundation

990EZ • Fiscal year 2023 • EIN 46-1232990

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 17, 2024

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

77th percentile

0.06x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

8th percentile

-71%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-97%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-36%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,148

Down $34,419 (-97%) from 2022

Net Assets

Down

$1,075

Down $34,069 (-97%) from 2022

Liabilities

Down

$73

Down $350 (-83%) from 2022

Revenue

Down

$48,020

Down $27,115 (-36%) from 2022

Expenses

Up

$82,089

Up $25,506 (+45%) from 2022

Net Income

Down

-$34,069

Down $52,621 (-284%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$1,148
Liabilities$73
Net Assets$1,075

Operations Trend

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

2023

Revenue$48,020
Expenses$82,089
Net Income-$34,069
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 17, 2024
Return Version
2023v5.1
Gross Receipts
$48,020
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 Film Festival to contribute to civic, cultural and educational advancement of Borrego Springs and its area communities.$12,830$55,500
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.-$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan WrightPresident & CEO-$0--
Fred JeeVice President-$0--
Matthew NothelferDirector-$0--
Alicia WszelakiDirector-$0--
Francois RhodesDirector-$0--
Carol Macy-BrandinDirector-$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
2024-08-17
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

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Borrego Springs Film Institute | Donee's Address: PO Box 756 Borrego Springs CA 92004 | Cash Amount Given: $12830

Other Expenses.1009

Depreciation $49

Other Expenses.1

Film Festival Expenses $42597

Other Expenses.2

Borrego Days sponsorship $25000

Other Expenses.3

Merchant Service Fees $304

Other Expenses.4

Bankcard Fees $139

Other Expenses.6

Business filing fees $80

Other Expenses.7

Sales Tax $73

Other Assets.1003

Machinery and Equipment - Beginning $49 Machinery and Equipment - Ending $0

Total Liabilities.1

Sales Tax Payable - Beginning $214 Sales Tax Payable - Ending $73

Total Liabilities.2

Credit Card Liability - Beginning $209 Credit Card Liability - Ending $0

Raw XML Appendix178 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/PrintingPublicationsPostageAmt095
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Borrego Springs Film Institute | Donee's Address: PO Box 756 Borrego Springs CA 92004 | Cash Amount Given: $12830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $49
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Film Festival Expenses $42597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Borrego Days sponsorship $25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Merchant Service Fees $304
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bankcard Fees $139
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Business filing fees $80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Sales Tax $73
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Machinery and Equipment - Beginning $49 Machinery and Equipment - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Sales Tax Payable - Beginning $214 Sales Tax Payable - Ending $73
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Credit Card Liability - Beginning $209 Credit Card Liability - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Fred Jee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-17
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
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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/ReturnTs02024-08-20T12:52:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings