Civic Intelligence

Kennett Flash Inc.

990 • Fiscal year 2024 • EIN 46-3156890

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 24, 2024

102 Sycamore AlleyKennett Square, PA 19348

(484) 732-8295

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.86x

Higher debt load relative to assets than 93% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-12%

Higher net margin than 24% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$57,050

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 24.6% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

11th percentile

-51%

Faster asset growth than 11% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

43%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Flat

$37,012

Flat from 2024

Net Assets

Flat

$5,204

Flat from 2024

Liabilities

Flat

$31,808

Flat from 2024

Revenue

Flat

$231,488

Flat from 2024

Expenses

Flat

$260,138

Flat from 2024

Net Income

Flat

-$28,650

Flat from 2024

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2014: $5,905Liabilities 2014: $9282014Assets 2015: $12,065Liabilities 2015: $7,626Net Assets 2015: $4,4392015Assets 2016: $1,581Liabilities 2016: $17,532Net Assets 2016: -$15,9512016Assets 2017: $11,692Liabilities 2017: $12,253Net Assets 2017: -$5612017Assets 2018: $12,635Liabilities 2018: $10,265Net Assets 2018: $2,3702018Assets 2019: $1,882Liabilities 2019: $10,999Net Assets 2019: -$9,1172019Assets 2020: $40,633Liabilities 2020: $36,752Net Assets 2020: $3,8812020Assets 2021: $51,763Liabilities 2021: $28,797Net Assets 2021: $22,9662021Assets 2022: $140,435Liabilities 2022: $28,787Net Assets 2022: $111,6482022Assets 2023: $74,790Liabilities 2023: $39,609Net Assets 2023: $35,1812023Assets 2024: $37,012Liabilities 2024: $31,808Net Assets 2024: $5,2042024Assets 2024: $37,012Liabilities 2024: $31,808Net Assets 2024: $5,2042024Assets 2025: $28,983Liabilities 2025: $39,988Net Assets 2025: -$11,0052025

Highlighted filing

2024

Assets$37,012
Liabilities$31,808
Net Assets$5,204

Operations Trend

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

$400K$200K$0-$200KRevenue 2014: $198,885Expenses 2014: $193,905Net Income 2014: $4,9802014Revenue 2015: $239,180Expenses 2015: $239,721Net Income 2015: -$5412015Revenue 2016: $186,881Expenses 2016: $201,603Net Income 2016: -$14,7222016Revenue 2017: $253,271Expenses 2017: $237,881Net Income 2017: $15,3902017Revenue 2018: $312,971Expenses 2018: $310,040Net Income 2018: $2,9312018Revenue 2019: $334,924Expenses 2019: $346,411Net Income 2019: -$11,4872019Revenue 2020: $298,182Expenses 2020: $285,184Net Income 2020: $12,9982020Revenue 2021: $180,224Expenses 2021: $161,139Net Income 2021: $19,0852021Revenue 2022: $325,015Expenses 2022: $236,333Net Income 2022: $88,6822022Revenue 2023: $162,357Expenses 2023: $237,578Net Income 2023: -$75,2212023Revenue 2024: $231,488Expenses 2024: $260,138Net Income 2024: -$28,6502024Revenue 2024: $231,488Expenses 2024: $260,138Net Income 2024: -$28,6502024Revenue 2025: $236,171Expenses 2025: $253,533Net Income 2025: -$17,3622025

Highlighted filing

2024

Revenue$231,488
Expenses$260,138
Net Income-$28,650
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 24, 2024
Return Version
2023v5.0
Gross Receipts
$231,488
Mission and Program Overview

Mission

To enhance the quality of life for people of all ages, achieved through arts experience for audiences, performing artists and students

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$70,089$29,338▼ $40,751
Cash and Non-Interest-Bearing Accounts$4,701$6,215▲ $1,514
Accounts Receivable-$1,459-
Total Assets$74,790$37,012▼ $37,778
Liabilities
Accounts Payable and Accrued Expenses$9,906$19,538▲ $9,632
Other Liabilities$29,703$12,270▼ $17,433
Total Liabilities$39,609$31,808▼ $7,801
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,181$5,204▼ $29,977
Total Net Assets Fund Balance$35,181$5,204▼ $29,977
Total Liabilities and Net Assets / Fund Balance$74,790$37,012▼ $37,778
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael HahnExecutive DiFT$56,000$1,050$57,050

Board Members and Trustees

NameTitle
David MattockPresident
Carolina HeinleDirector
Holly SandbergDirector
Juliet WunschDirector
Kevin CollinsDirector
Tom McdonoughDirector
Matthew BochanskiSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$90,137
Program Service Revenue
$138,895
Investment Income
$1,346
Other Revenue
$1,110
All Other Contributions
$47,354
Change in Net Assets
$-28,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,229
Salaries, Compensation, and Employee Benefits$70,909
Total Fundraising Expense$619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$52,640$2,800$560$56,000
Occupancy$40,424--$40,424
All Other Expenses$8,980$132-$9,112
Other Salaries and Wages$8,378--$8,378
Other Expenses$2,611$3,065-$5,676
Fees for Services Accounting-$5,639-$5,639
Payroll Taxes$5,195$238$48$5,481
Office Expenses$3,302--$3,302
Advertising$2,738$491-$3,229
Travel$2,386$73-$2,459
Insurance$1,215$557-$1,772
Other Employee Benefits$986$53$11$1,050
Total Functional Expenses$240,173$19,346$619$260,138
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable$10,000
Gift Certificates Outstanding$2,270
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

Completed return presented at next meeting.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is approved by board of directors

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request

Filing and Contact Details

Filer

Filer Name
Kennett Flash Inc
EIN
46-3156890
Phone
4847328295
Address
102 SYCAMORE ALLEY, KENNETT SQUARE, PA 19348

Signing Officer

Name
David Mattock
Title
President
Phone
4847328295
Signed
2024-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Mattock
Formed
2013
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
23

Preparer

Firm
Umbreit Wileczek & Associates Pc
Address
712 E BALTIMORE PIKE, KENNETT SQUARE, PA 19348
Preparer
Kathleen a Wileczek CPA
Phone
6104443222
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IRS990ScheduleA/Total509Grp/TotalAmt01194197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0231488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0162357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0344878
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0161727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0298182
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01198632
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1GIFT CERTIFICATES OUTSTANDING
IRS990ScheduleD/TotalLiabilityAmt012270
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLETED RETURN PRESENTED AT NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION FOR THE EXECUTIVE DIRECTOR IS APPROVED BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt074790
IRS990/TotalAssetsEOYAmt037012
IRS990/TotalAssetsGrp/BOYAmt074790
IRS990/TotalAssetsGrp/EOYAmt037012
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt090137
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0619
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019346
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0240173
IRS990/TotalFunctionalExpensesGrp/TotalAmt0260138
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039609
IRS990/TotalLiabilitiesEOYAmt031808
IRS990/TotalLiabilitiesGrp/BOYAmt039609
IRS990/TotalLiabilitiesGrp/EOYAmt031808
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035181
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05204
IRS990/TotalOtherCompensationAmt01050
IRS990/TotalProgramServiceExpensesAmt0240173
IRS990/TotalProgramServiceRevenueAmt0138895
IRS990/TotalReportableCompFromOrgAmt056000
IRS990/TotalRevenueGrp/ExclusionAmt01346
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0140005
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0231488
IRS990/TotalVolunteersCnt023
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt074790
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt037012
IRS990/TravelGrp/ManagementAndGeneralAmt073
IRS990/TravelGrp/ProgramServicesAmt02386
IRS990/TravelGrp/TotalAmt02459
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0102 SYCAMORE LANE
IRS990/USAddress/CityNm0KENNETT SQUARE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019348
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0KENNETTFLASH.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID MATTOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04847328295
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENNETT FLASH INC
ReturnHeader/Filer/BusinessNameControlTxt0KENN
ReturnHeader/Filer/EIN0463156890
ReturnHeader/Filer/PhoneNum04847328295
ReturnHeader/Filer/USAddress/AddressLine1Txt0102 SYCAMORE ALLEY
ReturnHeader/Filer/USAddress/CityNm0KENNETT SQUARE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019348
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823840465
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0UMBREIT WILECZEK & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0712 E BALTIMORE PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KENNETT SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019348
ReturnHeader/PreparerPersonGrp/PhoneNum06104443222
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN A WILECZEK CPA
ReturnHeader/ReturnTs02024-10-10T15:54:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.40$0.11$2.36$2.54$0.17
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.32$0.05$2.31$2.60$0.29
2024Summary only. Only limited summary data is available for this year.$0.37$0.32$0.05$2.31$2.60$0.29
2023Summary only. Only limited summary data is available for this year.$0.75$0.40$0.35$1.62$2.38$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.29$1.12$3.25$2.36$0.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.29$0.23$1.80$1.61$0.19
2020Summary only. Only limited summary data is available for this year.$0.41$0.37$0.04$2.98$2.85$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.11$0.09$3.35$3.46$0.11
2018Summary only. Only limited summary data is available for this year.$0.13$0.10$0.02$3.13$3.10$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.12$0.01$2.53$2.38$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.18$0.16$1.87$2.02$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.08$0.04$2.39$2.40$0.01
2014Summary only. Only limited summary data is available for this year.$0.06$0.01$1.99$1.94$0.05