Civic Intelligence

Irf Incorporated

990 • Fiscal year 2020 • EIN 47-3987171

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

P O Box 1900Crowley, LA 70527

(337) 783-3067

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.12x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

2nd percentile

-1050%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

11th percentile

-38%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-98%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$123,536

Down $74,457 (-38%) from 2019

Net Assets

Down

$122,653

Down $74,997 (-38%) from 2019

Liabilities

Up

$883

Up $540 (+157%) from 2019

Revenue

Down

$7,144

Down $376,553 (-98%) from 2019

Expenses

Down

$82,141

Down $247,020 (-75%) from 2019

Net Income

Down

-$74,997

Down $129,533 (-238%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $226,434Liabilities 2015: $1,351Net Assets 2015: $225,0832015Assets 2016: $190,989Liabilities 2016: $1,200Net Assets 2016: $189,7892016Assets 2017: $137,656Liabilities 2017: $600Net Assets 2017: $137,0562017Assets 2018: $143,114Liabilities 2018: $0Net Assets 2018: $143,1142018Assets 2019: $197,993Liabilities 2019: $343Net Assets 2019: $197,6502019Assets 2020: $123,536Liabilities 2020: $883Net Assets 2020: $122,6532020Assets 2021: $260,827Liabilities 2021: $849Net Assets 2021: $259,9782021Assets 2022: $233,737Liabilities 2022: $870Net Assets 2022: $232,8672022Assets 2023: $340,649Liabilities 2023: $31,404Net Assets 2023: $309,2452023Assets 2024: $406,660Liabilities 2024: $833Net Assets 2024: $405,8272024

Highlighted filing

2020

Assets$123,536
Liabilities$883
Net Assets$122,653

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $635,759Expenses 2015: $410,676Net Income 2015: $225,0832015Revenue 2016: $360,165Expenses 2016: $395,459Net Income 2016: -$35,2942016Revenue 2017: $347,857Expenses 2017: $400,590Net Income 2017: -$52,7332017Revenue 2018: $338,373Expenses 2018: $332,315Net Income 2018: $6,0582018Revenue 2019: $383,697Expenses 2019: $329,161Net Income 2019: $54,5362019Revenue 2020: $7,144Expenses 2020: $82,141Net Income 2020: -$74,9972020Revenue 2021: $514,909Expenses 2021: $377,584Net Income 2021: $137,3252021Revenue 2022: $542,642Expenses 2022: $569,753Net Income 2022: -$27,1112022Revenue 2023: $565,062Expenses 2023: $488,684Net Income 2023: $76,3782023Revenue 2024: $635,156Expenses 2024: $538,574Net Income 2024: $96,5822024

Highlighted filing

2020

Revenue$7,144
Expenses$82,141
Net Income-$74,997
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.1
Gross Receipts
$7,144
Mission and Program Overview

Mission

The organization's mission is to build and maintain a pro-active festival with goals and experienced business initiatives in place for the common good of not only the festival, but the city, parish, heritage and culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$197,650$122,653▼ $74,997
Savings and Temporary Cash Investments$101,665$102,098▲ $433
Cash and Non-Interest-Bearing Accounts$96,328$21,438▼ $74,890
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$197,993$123,536▼ $74,457
Liabilities
Other Liabilities$343$883▲ $540
Total Liabilities$343$883▲ $540
Net Assets / Fund Balance
Total Net Assets Fund Balance$197,650$122,653▼ $74,997
Total Liabilities and Net Assets / Fund Balance$197,993$123,536▼ $74,457
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joshua SpellGeneral Chairman
Connie NuttGeneral Co-chairperson
Amy BergeronDirector
Elizabeth MonkDirector
Kevin SpellDirector
Ronda RichardDirector
Suzy WebbDirector
Julien LeblancMember at Large
Tessa RichardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,000
Investment Income
$433
Other Revenue
$3,711
Change in Net Assets
$-74,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,511
Salaries, Compensation, and Employee Benefits$24,630
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$36,975--$36,975
Current Officers, Directors, Trustees, and Key Employees-$23,000-$23,000
Fees for Services Legal-$8,006-$8,006
Office Expenses-$3,795-$3,795
Payroll Taxes-$1,630-$1,630
Fees for Services Other$1,600--$1,600
Occupancy-$1,218-$1,218
Fees for Services Accounting-$1,215-$1,215
All Other Expenses$383$258-$641
Advertising$300--$300
Other Expenses$178--$178
Total Functional Expenses$43,019$39,122$0$82,141
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
Payroll Liabilities$883
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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, Part VI, Section B, Line 11B

The form 990 is reviewed by the finance committee and presented to the board as a whole before filing

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon written request

Filing and Contact Details

Filer

Filer Name
Irf Inc
EIN
47-3987171
Phone
3377833067
Address
P O BOX 1900, CROWLEY, LA 70527

Signing Officer

Name
Joshua Spell
Title
Board Chairperson
Phone
3377833067
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Spell
Formed
2012
Legal Domicile
La
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Dugas Soileau & Breaux LLC
Address
P O DRAWER 307, CROWLEY, LA 70527-0307
Preparer
Troy J Breaux
Phone
3377830650
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The internation rice festival was cancelled for the 2020 calendar year in october 2020 due to the pandemic.

Raw XML Appendix365 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE INTERNATION RICE FESTIVAL WAS CANCELLED FOR THE 2020 CALENDAR YEAR IN OCTOBER 2020 DUE TO THE PANDEMIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE BOARD AS A WHOLE BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
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IRS990/TotalFunctionalExpensesGrp/TotalAmt082141
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IRS990/TotalProgramServiceRevenueAmt03000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07144
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IRS990/USAddress/ZIPCd070527
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA SPELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum03377833067
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRF INC
ReturnHeader/Filer/BusinessNameControlTxt0IRFI
ReturnHeader/Filer/EIN0473987171
ReturnHeader/Filer/PhoneNum03377833067
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1900
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ReturnHeader/Filer/USAddress/ZIPCd070527
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205338510
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUGAS SOILEAU & BREAUX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O DRAWER 307
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CROWLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0705270307
ReturnHeader/PreparerPersonGrp/PhoneNum03377830650
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TROY J BREAUX
ReturnHeader/ReturnTs02021-11-05T14:41:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSHUA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPELL
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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