Civic Intelligence

Festival Center Inc.

990 • Fiscal year 2016 • EIN 52-1499111

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

1640 Columbia Road NWWashington, DC 20009

(202) 328-0072

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

32nd percentile

0.04x

Higher debt load relative to revenue than 32% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

16th percentile

-19%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

24th percentile

-4.2%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

29th percentile

-6.0%

Faster revenue growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,742,926

Down $120,547 (-4.2%) from 2015

Net Assets

Down

$2,718,768

Down $113,481 (-4.0%) from 2015

Liabilities

Down

$24,158

Down $7,066 (-23%) from 2015

Revenue

Down

$596,623

Down $37,891 (-6.0%) from 2015

Expenses

Up

$709,872

Up $28,172 (+4.1%) from 2015

Net Income

Down

-$113,249

Down $66,063 (-140%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,777,658Liabilities 2010: $80,429Net Assets 2010: $3,697,2292010Assets 2011: $3,510,124Liabilities 2011: $84,845Net Assets 2011: $3,425,2792011Assets 2012: $3,303,739Liabilities 2012: $83,849Net Assets 2012: $3,219,8902012Assets 2013: $3,046,182Liabilities 2013: $74,144Net Assets 2013: $2,972,0382013Assets 2014: $2,946,347Liabilities 2014: $57,933Net Assets 2014: $2,888,4142014Assets 2015: $2,863,473Liabilities 2015: $31,224Net Assets 2015: $2,832,2492015Assets 2016: $2,742,926Liabilities 2016: $24,158Net Assets 2016: $2,718,7682016Assets 2017: $3,483,955Liabilities 2017: $36,729Net Assets 2017: $3,447,2262017Assets 2018: $3,541,492Liabilities 2018: $34,616Net Assets 2018: $3,506,8762018Assets 2019: $4,064,411Liabilities 2019: $70,769Net Assets 2019: $3,993,6422019Assets 2020: $4,216,048Liabilities 2020: $166,254Net Assets 2020: $4,049,7942020Assets 2021: $4,689,826Liabilities 2021: $396,770Net Assets 2021: $4,293,0562021Assets 2022: $7,771,096Liabilities 2022: $3,958,576Net Assets 2022: $3,812,5202022Assets 2023: $8,444,580Liabilities 2023: $4,882,209Net Assets 2023: $3,562,3712023Assets 2024: $8,355,744Liabilities 2024: $4,757,127Net Assets 2024: $3,598,6172024

Highlighted filing

2016

Assets$2,742,926
Liabilities$24,158
Net Assets$2,718,768

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $782,9762010Expenses 2011: $819,6002011Expenses 2012: $785,0302012Revenue 2013: $530,296Expenses 2013: $782,306Net Income 2013: -$252,0102013Revenue 2014: $707,604Expenses 2014: $792,841Net Income 2014: -$85,2372014Revenue 2015: $634,514Expenses 2015: $681,700Net Income 2015: -$47,1862015Revenue 2016: $596,623Expenses 2016: $709,872Net Income 2016: -$113,2492016Revenue 2017: $1,427,520Expenses 2017: $777,158Net Income 2017: $650,3622017Revenue 2018: $886,619Expenses 2018: $642,344Net Income 2018: $244,2752018Revenue 2019: $1,018,346Expenses 2019: $742,487Net Income 2019: $275,8592019Revenue 2020: $626,533Expenses 2020: $753,531Net Income 2020: -$126,9982020Revenue 2021: $1,163,432Expenses 2021: $748,269Net Income 2021: $415,1632021Revenue 2022: $710,575Expenses 2022: $933,394Net Income 2022: -$222,8192022Revenue 2023: $1,468,661Expenses 2023: $1,724,921Net Income 2023: -$256,2602023Revenue 2024: $2,093,603Expenses 2024: $2,063,252Net Income 2024: $30,3512024

Highlighted filing

2016

Revenue$596,623
Expenses$709,872
Net Income-$113,249
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$611,374
Mission and Program Overview

Mission

Furthering ministries to the inner city poor.

Provide a program and facility to enable people to become engaged with the needs of the inner city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,582,097$2,471,301▼ $110,796
Cash and Non-Interest-Bearing Accounts$146,437$150,402▲ $3,965
Investments in Publicly Traded Securities$94,920$80,641▼ $14,279
Prepaid Expenses and Deferred Charges$12,313$14,094▲ $1,781
Accounts Receivable$17,476$11,514▼ $5,962
Pledges and Grants Receivable$3,500$8,244▲ $4,744
Other Notes and Loans Receivable, Net$6,730$6,730→ $0
Total Assets$2,863,473$2,742,926▼ $120,547
Liabilities
Accounts Payable and Accrued Expenses$31,224$24,158▼ $7,066
Total Liabilities$31,224$24,158▼ $7,066
Net Assets / Fund Balance
Unrestricted Net Assets$2,826,249$2,707,284▼ $118,965
Temporarily Rstr Net Assets$6,000$11,484▲ $5,484
Total Net Assets Fund Balance$2,832,249$2,718,768▼ $113,481
Total Liabilities and Net Assets / Fund Balance$2,863,473$2,742,926▼ $120,547

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,778,854$2,444,215$4,223,069
Land$692,447-$692,447
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$260,896
Program Service Revenue
$330,434
Investment Income
$4,629
Other Revenue
$664
All Other Contributions
$260,896
Change in Net Assets
$-113,249

Audited Revenue Reconciliation

Revenue per Audited Statements
$596,623
Revenue Not Reported on Form 990
$-232
Total Revenue per Audited Statements
$596,391
Total Revenue per Form 990
$596,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$383,188
Salaries, Compensation, and Employee Benefits$326,684
Total Fundraising Expense$58,241
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$234,702$10,548$18,460$263,710
Depreciation Depletion$102,294$5,683$5,683$113,660
Other Employee Benefits$35,124$1,579$2,763$39,466
All Other Expenses$25,401$671$7,553$33,625
Fees for Services Accounting-$31,156-$31,156
Payroll Taxes$20,922$940$1,646$23,508
Insurance$15,528$698$1,221$17,447
Other Expenses$23,949$1,331$11,690$11,690
Total Functional Expenses$588,885$62,746$58,241$709,872

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$709,872
Total Expenses per Audited Statements$709,872
Total Expenses per Form 990$709,872
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

Line 7b explanation - organization has periodic board meetings that decisions are made if necessary. A vote is taken and a majority rules approach is done after a lengthy discussion.

Form 990, Page 6, Part VI, Line 11B

Line 11a explanation - board reviews the tax return before filing for its approval

Form 990, Page 6, Part VI, Line 12C

Board are required to disclose all conflicts of interest whenever they occur and are reminded each year to bear this in mind.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Festival Center Inc
EIN
52-1499111
Phone
2023280072
Address
1640 COLUMBIA ROAD NW, WASHINGTON, DC 20009

Signing Officer

Name
Julian Forth
Title
Executive Director
Phone
2023280072
Signed
2017-11-15

Organization Details

Principal Officer
Julian Forth
Formed
1986
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
8
Employees
10
Volunteers
15

Preparer

Firm
FARMER & FIRST PC CPA'S
Address
6 STATE ST, WARREN, RI 02885-3120
Preparer
Robert M First CPA
Phone
4012471040
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0260896
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0291125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0418884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0256257
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0159957
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01387119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09754
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02218
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03992
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03966
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt021966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0330434
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0326402
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0249055
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0238660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0225238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01369789
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09754
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02218
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03992
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03966
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt021966
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0664
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0524
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt034447
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt026505
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt025165
IRS990ScheduleA/OtherIncome509Grp/TotalAmt087305
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96190
IRS990ScheduleA/PublicSupportTotal509Amt02756908
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0591330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0617527
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0667939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0494917
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0385195
IRS990ScheduleA/Total509Grp/TotalAmt02756908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0594030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0627805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0704604
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0525414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0414326
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02866179
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/ExpensesSubtotalAmt0709872
IRS990ScheduleD/LandGrp/BookValueAmt0692447
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0692447
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-232
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01778854
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02444215
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04223069
IRS990ScheduleD/RevenueNotReportedAmt0-232
IRS990ScheduleD/RevenueSubtotalAmt0596623
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02471301
IRS990ScheduleD/TotalExpensesPerForm990Amt0709872
IRS990ScheduleD/TotalRevenuePerForm990Amt0596623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0596391
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0709872
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 7B EXPLANATION - ORGANIZATION HAS PERIODIC BOARD MEETINGS THAT DECISIONS ARE MADE IF NECESSARY. A VOTE IS TAKEN AND A MAJORITY RULES APPROACH IS DONE AFTER A LENGTHY DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11A EXPLANATION - BOARD REVIEWS THE TAX RETURN BEFORE FILING FOR ITS APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD ARE REQUIRED TO DISCLOSE ALL CONFLICTS OF INTEREST WHENEVER THEY OCCUR AND ARE REMINDED EACH YEAR TO BEAR THIS IN MIND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011484
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02863473
IRS990/TotalAssetsEOYAmt02742926
IRS990/TotalAssetsGrp/BOYAmt02863473
IRS990/TotalAssetsGrp/EOYAmt02742926
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0260896
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt058241
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062746
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0588885
IRS990/TotalFunctionalExpensesGrp/TotalAmt0709872
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031224
IRS990/TotalLiabilitiesEOYAmt024158
IRS990/TotalLiabilitiesGrp/BOYAmt031224
IRS990/TotalLiabilitiesGrp/EOYAmt024158
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02832249
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02718768
IRS990/TotalProgramServiceExpensesAmt0588885
IRS990/TotalProgramServiceRevenueAmt0330434
IRS990/TotalRevenueGrp/ExclusionAmt02700
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0333027
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0596623
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02863473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02742926
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02826249
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02707284
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01640 COLUMBIA ROAD NW
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020009
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SLSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIAN FORTH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.36$4.76$3.60$2.09$2.06$0.03
2023Detailed filing. Detailed filing data is available for this year.$8.44$4.88$3.56$1.47$1.72$0.26
2022Detailed filing. Detailed filing data is available for this year.$7.77$3.96$3.81$0.71$0.93$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.69$0.40$4.29$1.16$0.75$0.42
2020Detailed filing. Detailed filing data is available for this year.$4.22$0.17$4.05$0.63$0.75$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.06$0.07$3.99$1.02$0.74$0.28
2018Detailed filing. Detailed filing data is available for this year.$3.54$0.03$3.51$0.89$0.64$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.48$0.04$3.45$1.43$0.78$0.65
2016Detailed filing. Detailed filing data is available for this year.$2.74$0.02$2.72$0.60$0.71$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.86$0.03$2.83$0.63$0.68$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.95$0.06$2.89$0.71$0.79$0.09
2013Detailed filing. Detailed filing data is available for this year.$3.05$0.07$2.97$0.53$0.78$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.08$3.22$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$0.08$3.43$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.08$3.70$0.78