Civic Intelligence

Downstate Classic Inc

990EZ • Fiscal year 2022 • EIN 46-3874729

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 10, 2023

303 Orchard DrNewton, IL 62448

(618) 783-2589

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

58th percentile

6.2%

Higher net margin than 58% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2022 filings • 501(c)5 • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

16%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

28%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$20,893

Up $2,807 (+16%) from 2021

Net Assets

Up

$20,893

Up $2,807 (+16%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$45,584

Up $10,059 (+28%) from 2021

Expenses

Up

$42,777

Up $12,451 (+41%) from 2021

Net Income

Down

$2,807

Down $2,392 (-46%) from 2021

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2021: $18,086Net Assets 2021: $18,0862021Assets 2022: $20,893Net Assets 2022: $20,8932022Assets 2023: $21,172Net Assets 2023: $21,1722023Assets 2024: $18,031Net Assets 2024: $18,0312024Assets 2025: $14,592Liabilities 2025: $0Net Assets 2025: $14,5922025

Highlighted filing

2022

Assets$20,893
Liabilities-
Net Assets$20,893

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2021: $35,525Expenses 2021: $30,326Net Income 2021: $5,1992021Revenue 2022: $45,584Expenses 2022: $42,777Net Income 2022: $2,8072022Revenue 2023: $54,268Expenses 2023: $53,989Net Income 2023: $2792023Revenue 2024: $55,667Expenses 2024: $58,808Net Income 2024: -$3,1412024Revenue 2025: $50,382Expenses 2025: $53,821Net Income 2025: -$3,4392025

Highlighted filing

2022

Revenue$45,584
Expenses$42,777
Net Income$2,807
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 10, 2023
Return Version
2022v4.1
Gross Receipts
$45,584
Mission and Program Overview

Mission

Agriculture including but not limited to livestock improvement and more specifically but not limited to the improvement of standardbred horses.

Agricultural including but not limited to livestock improvement and more specifically but not limited to the improvement of standardbred horses

Program Services

DescriptionGrantsExpenses
None--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ED TEEFEYVice President-$0--
KURT BECKERDirector-$0--
MIKE BRINKDirector-$0--
TINA SCHROCKDirector-$0--
DAVID IRWINDirector-$0--
JONATHAN BUTTSDirector-$0--
LEANN SHINNSecretary/Treasurer-$0--
EVAN HALLPresident-$0--
LAURA RITTENHOUSEDirector-$0--
PETE SKEFFINGTONDirector-$0--
TROY MARKERTPresident-$0--
RON MCCASKILLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Downstate Classic Inc
EIN
46-3874729
Phone
6187832589
Address
303 ORCHARD DR, NEWTON, IL 62448

Signing Officer

Name
Leann Shinn
Title
Secretary Treasurer
Phone
6187832589
Signed
2023-02-10
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
107 S JACKSON, NEWTON, IL 62448
Preparer
Jeanette Hickox
Phone
6187833921
Supplemental Narrative

Additional Explanations

LINE 8 STAKE PAYMENTS = $45,550.00 - INCOME

Line 8 stake payments = $45,550.00 - income

LINE 16 INCORPORATION FEE = $10 EXPENSE

Line 16 incorporation fee = $10 expense

LINE 16 INSUFFECIENT FUNDS = $75 - EXPENSE

Line 16 insuffecient funds = $75 - expense

LINE 16 REFUNDS ON INELIGIBLE HORSES = $525 - EXPENSE

Line 16 refunds on ineligible horses = $525 - expense

LINE 16 STAKES MONEY PAID TO FAIRS = $41,075 - EXPENSE

Line 16 stakes money paid to fairs = $41,075 - expense

LINE 16 SUPPLIES (ENVELOPES) = $12 - EXPENSE

Line 16 supplies (envelopes) = $12 - expense

LINE 16 TROPHIES = $868 - EXPENSE

Line 16 trophies = $868 - expense

Raw XML Appendix140 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt042565
IRS990EZ/OtherRevenueTotalAmt045550
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0212
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt042777
IRS990EZ/TotalRevenueAmt045584
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 8 STAKE PAYMENTS = $45,550.00 - INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 16 INCORPORATION FEE = $10 EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 16 INSUFFECIENT FUNDS = $75 - EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 16 REFUNDS ON INELIGIBLE HORSES = $525 - EXPENSE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 16 SUPPLIES (ENVELOPES) = $12 - EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LINE 16 TROPHIES = $868 - EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0LINE 8 STAKE PAYMENTS = $45,550.00 - INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1LINE 16 INCORPORATION FEE = $10 EXPENSE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5LINE 16 SUPPLIES (ENVELOPES) = $12 - EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6LINE 16 TROPHIES = $868 - EXPENSE
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LEANN SHINN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06187832589
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNSTATE CLASSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0463874729
ReturnHeader/Filer/PhoneNum06187832589
ReturnHeader/Filer/USAddress/AddressLine1Txt0303 ORCHARD DR
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWTON
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ReturnHeader/PreparerPersonGrp/PhoneNum06187833921
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEANETTE HICKOX
ReturnHeader/ReturnTs02023-02-14T21:12:58Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LEANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHINN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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