Civic Intelligence

Downstate Classic Inc

990EZ • Fiscal year 2024 • EIN 46-3874729

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 17, 2025

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

28th percentile

-5.6%

Higher net margin than 28% of similar nonprofits.

2024 filings • 501(c)5 • <$500k nonprofits • Source year 2024

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.

2024 filings • 501(c)5 • <$500k nonprofits • Source year 2024

Asset Growth

15th percentile

-15%

Faster asset growth than 15% of similar nonprofits.

2024 filings • 501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

2.6%

Faster revenue growth than 45% of similar nonprofits.

2024 filings • 501(c)5 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$18,031

Down $3,141 (-15%) from 2023

Net Assets

Down

$18,031

Down $3,141 (-15%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$55,667

Up $1,399 (+2.6%) from 2023

Expenses

Up

$58,808

Up $4,819 (+8.9%) from 2023

Net Income

Down

-$3,141

Down $3,420 (-1226%) from 2023

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

2024

Assets$18,031
Liabilities-
Net Assets$18,031

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

2024

Revenue$55,667
Expenses$58,808
Net Income-$3,141
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 17, 2025
Return Version
2024v5.0
Gross Receipts
$55,667
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

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
2025-03-17
Discuss with paid preparer
No

Preparer

Firm
H and R Block
Address
107 S JACKSON, NEWTON, IL 62448
Preparer
Jeanette Hickox
Phone
8004725625
Supplemental Narrative

Additional Explanations

LINE 8 STAKE PAYMENTS = $55,600

STAKE PAYMENT

LINE 16 INCORPORATION FEE = $10

INCORPORATION FEE

LINE 16 INSUFFECIENT FUNDS = $455

INSUFFECIENT FUNDS

LINE 16 REFUNDS ON INELIGIBLE HORSES = $950

Refunds on ileligble horses

LINE 16 STAKES MONEY PAID TO FAIRS = $55,898

Stakes money paid to fairs

LINE 16 TROPHIES = $1,312

TROPHIES

Raw XML Appendix136 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/PersonNm6LEANN SHINN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7EVAN HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LAURA RITTENHOUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9PETE SKEFFINGTON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt058620
IRS990EZ/OtherRevenueTotalAmt055600
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/PrintingPublicationsPostageAmt0188
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058808
IRS990EZ/TotalRevenueAmt055667
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAKE PAYMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCORPORATION FEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSUFFECIENT FUNDS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4STAKES MONEY PAID TO FAIRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TROPHIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0LINE 8 STAKE PAYMENTS = $55,600
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1LINE 16 INCORPORATION FEE = $10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2LINE 16 INSUFFECIENT FUNDS = $455
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3LINE 16 REFUNDS ON INELIGIBLE HORSES = $950
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4LINE 16 STAKES MONEY PAID TO FAIRS = $55,898
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5LINE 16 TROPHIES = $1,312
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LEANN SHINN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06187832589
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNSTATE CLASSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0463874729
ReturnHeader/Filer/PhoneNum06187832589
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062448
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeanette Hickox
ReturnHeader/ReturnTs02025-03-19T14:28:31Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Filings