Civic Intelligence

Downstate Classic Inc

990EZ • Fiscal year 2023 • EIN 46-3874729

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 20, 2024

Organization ProfileN/A
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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

43rd percentile

0.5%

Higher net margin than 43% of similar nonprofits.

2023 filings • 501(c)5 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)5 • <$500k nonprofits • Source year 2023

Asset Growth

47th percentile

1.3%

Faster asset growth than 47% of similar nonprofits.

2023 filings • 501(c)5 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

19%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)5 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$21,172

Up $279 (+1.3%) from 2022

Net Assets

Up

$21,172

Up $279 (+1.3%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin43rd percentile

Revenue

Up

$54,268

Up $8,684 (+19%) from 2022

Expenses

Up

$53,989

Up $11,212 (+26%) from 2022

Net Income

Down

$279

Down $2,528 (-90%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

2023

Assets$21,172
Liabilities-
Net Assets$21,172
Open 2023 Filing

Operations Trend

Revenue Growth81st percentile

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

2023

Revenue$54,268
Expenses$53,989
Net Income$279
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 20, 2024
Return Version
2023v4.0
Gross Receipts
$54,268
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
NOT APPLICABLE--
Compensation and Service Providers
Top Officer Pay46th percentile

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
2024-02-20
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 = $45,500

“STAKE PAYMENTS”

LINE 16 INCORPORATION FEE = $10

“INCORPORATION FEE”

LINE 16 INSUFFECIENT FUNDS = $850

“INSUFFICIENT FUNDS”

LINE 16 MISDIRECTED PAYMENT TO GREAT MIDWEST = $75

“MISDIRECTED PAYMENT”

LINE 16 REFUNDS ON INELIGIBLE HORSES = $975

“Refunds ineligible horses”

LINE 16 STAKES MONEY PAID TO FAIRS = $50418

“Stakes money paid to fairs”

LINE 16 TROPHIES = 41374

“TROPHIES”

Raw XML Appendix141 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/PersonNm0LEANN SHINN
IRS990EZ/BooksInCareOfDetail/PhoneNum06187832589
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0303 ORCHARD DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Newton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd062448
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020893
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021172
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0279
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020893
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021172
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt054268
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt068
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020893
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021172
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020893
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021172
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ED TEEFEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KURT BECKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MIKE BRINK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TINA SCHROCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID IRWIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JONATHAN BUTTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LEANN SHINN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7EVAN HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LAURA RITTENHOUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9PETE SKEFFINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10TROY MARKERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11RON MCCASKILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt053702
IRS990EZ/OtherRevenueTotalAmt054200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AGRICULTURAL INCLUDING BUT NOT LIMITED TO LIVESTOCK IMPROVEMENT AND MORE SPECIFICALLY BUT NOT LIMITED TO THE IMPROVEMENT OF STANDARDBRED HORSES
IRS990EZ/PrintingPublicationsPostageAmt0287
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NOT APPLICABLE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053989
IRS990EZ/TotalRevenueAmt054268
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAKE PAYMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCORPORATION FEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSUFFICIENT FUNDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISDIRECTED PAYMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REFUNDS INELIGIBLE HORSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STAKES MONEY PAID TO FAIRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TROPHIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0LINE 8 STAKE PAYMENTS = $45,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1LINE 16 INCORPORATION FEE = $10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2LINE 16 INSUFFECIENT FUNDS = $850
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3LINE 16 MISDIRECTED PAYMENT TO GREAT MIDWEST = $75
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4LINE 16 REFUNDS ON INELIGIBLE HORSES = $975
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5LINE 16 STAKES MONEY PAID TO FAIRS = $50418
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6LINE 16 TROPHIES = 41374
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LEANN SHINN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06187832589
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNSTATE CLASSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0463874729
ReturnHeader/Filer/PhoneNum06187832589
ReturnHeader/Filer/USAddress/AddressLine1Txt0303 ORCHARD DR
ReturnHeader/Filer/USAddress/CityNm0NEWTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062448
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371074489
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 S JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062448
ReturnHeader/PreparerPersonGrp/PhoneNum06187833921
ReturnHeader/PreparerPersonGrp/PreparationDt02024-02-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeanette Hickox
ReturnHeader/ReturnTs02024-02-20T15:38:48Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LEANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHINN
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,172
Liabilities
-
Net assets
$21,172
Revenue
$54,268
Expenses
$53,989
Net income
$279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.6$0.00$14.6$50.4$53.8$3.44
2024Detailed filing. Detailed filing data is available for this year.$18.0$18.0$55.7$58.8$3.14
2023Detailed filing. Detailed filing data is available for this year.$21.2$21.2$54.3$54.0$0.28
2022Detailed filing. Detailed filing data is available for this year.$20.9$20.9$45.6$42.8$2.81
2021Detailed filing. Detailed filing data is available for this year.$18.1$18.1$35.5$30.3$5.20