Civic Intelligence

Jax Beach Festivals Inc

EIN 59-3293739 • 501(c)4 • Jacksonville Beach, FL

Profile

Education & preservation of "blues"

PO Box 51348Jacksonville Beach, FL 32250

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

55th percentile

8.8%

Higher net margin than 55% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-1.5%

Faster revenue growth than 34% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$497,486

Up $50,940 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$497,486

Up $50,940 (+11%) from 2023

Operations
Liabilities / Revenue42nd percentileNet Margin55th percentile

Revenue

Down

$576,102

Down $8,832 (-1.5%) from 2023

Expenses

Up

$525,162

Up $16,169 (+3.2%) from 2023

Net Income

Down

$50,940

Down $25,001 (-33%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $248,797Liabilities 2011: $0Net Assets 2011: $248,7972011Assets 2012: $235,175Liabilities 2012: $0Net Assets 2012: $235,1752012Assets 2013: $234,875Liabilities 2013: $0Net Assets 2013: $234,8752013Assets 2014: $275,491Liabilities 2014: $0Net Assets 2014: $275,4912014Assets 2015: $305,513Liabilities 2015: $0Net Assets 2015: $305,5132015Assets 2016: $349,276Liabilities 2016: $0Net Assets 2016: $349,2762016Assets 2017: $398,533Liabilities 2017: $0Net Assets 2017: $398,5332017Assets 2018: $309,317Liabilities 2018: $0Net Assets 2018: $309,3172018Assets 2019: $312,150Liabilities 2019: $0Net Assets 2019: $312,1502019Assets 2020: $260,199Liabilities 2020: $0Net Assets 2020: $260,1992020Assets 2021: $278,241Liabilities 2021: $0Net Assets 2021: $278,2412021Assets 2022: $370,605Liabilities 2022: $0Net Assets 2022: $370,6052022Assets 2023: $446,546Liabilities 2023: $0Net Assets 2023: $446,5462023Assets 2024: $497,486Liabilities 2024: $0Net Assets 2024: $497,4862024

Highlighted filing

2024

Assets$497,486
Liabilities$0
Net Assets$497,486
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $360,551Expenses 2011: $324,072Net Income 2011: $36,4792011Revenue 2012: $275,899Expenses 2012: $289,077Net Income 2012: -$13,1782012Revenue 2013: $401,658Expenses 2013: $410,056Net Income 2013: -$8,3982013Revenue 2014: $377,859Expenses 2014: $337,243Net Income 2014: $40,6162014Revenue 2015: $539,763Expenses 2015: $509,741Net Income 2015: $30,0222015Revenue 2016: $564,426Expenses 2016: $441,533Net Income 2016: $122,8932016Revenue 2017: $668,490Expenses 2017: $557,876Net Income 2017: $110,6142017Revenue 2018: $458,834Expenses 2018: $482,035Net Income 2018: -$23,2012018Revenue 2019: $569,330Expenses 2019: $566,497Net Income 2019: $2,8332019Revenue 2020: $259,196Expenses 2020: $311,147Net Income 2020: -$51,9512020Revenue 2021: $147,277Expenses 2021: $129,235Net Income 2021: $18,0422021Revenue 2022: $592,411Expenses 2022: $500,047Net Income 2022: $92,3642022Revenue 2023: $584,934Expenses 2023: $508,993Net Income 2023: $75,9412023Revenue 2024: $576,102Expenses 2024: $525,162Net Income 2024: $50,9402024

Highlighted filing

2024

Revenue$576,102
Expenses$525,162
Net Income$50,940
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$497,486
Liabilities
$0
Net assets
$497,486
Revenue
$576,102
Expenses
$525,162
Net income
$50,940
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.00$4.97$5.76$5.25$0.51
2023Detailed filing. Detailed filing data is available for this year.$4.47$0.00$4.47$5.85$5.09$0.76
2022Detailed filing. Detailed filing data is available for this year.$3.71$0.00$3.71$5.92$5.00$0.92
2021Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$1.47$1.29$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$2.59$3.11$0.52
2019Detailed filing. Detailed filing data is available for this year.$3.12$0.00$3.12$5.69$5.66$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$4.59$4.82$0.23
2017Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$6.68$5.58$1.11
2016Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$5.64$4.42$1.23
2015Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$5.40$5.10$0.30
2014Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$3.78$3.37$0.41
2013Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$4.02$4.10$0.08
2012Summary only. Only limited summary data is available for this year.$2.35$0.00$2.35$2.76$2.89$0.13
2011Summary only. Only limited summary data is available for this year.$2.49$0.00$2.49$3.61$3.24$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 2, 2025
Return Version
2024v5.0
Gross Receipts
$576,102
Mission and Program Overview

Mission

Education & preservation of "blues"

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$372,236$406,322▲ $34,086
Savings and Temporary Cash Investments$62,310$91,164▲ $28,854
Other Notes and Loans Receivable, Net$12,000--
Total Assets$446,546$497,486▲ $50,940
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$446,546$497,486▲ $50,940
Total Net Assets Fund Balance$446,546$497,486▲ $50,940
Total Liabilities and Net Assets / Fund Balance$446,546$497,486▲ $50,940
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Lloyd G HyattDirector
Mitch HarbesonDirector
Reid T MccormickDirector
Sam VealDirector
Tracey Cooper VealDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$571,676
Investment Income
$4,426
Other Revenue
$0
Change in Net Assets
$50,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$525,162
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$3,710-$3,710
Other Expenses$199$29,000-$199
All Other Expenses$52--$52
Total Functional Expenses$492,452$32,710$0$525,162
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Jax Beach Festivals Inc
EIN
59-3293739
Address
PO BOX 51348, JACKSONVILLE BEACH, FL 32250

Signing Officer

Name
Sam Veal
Title
Director
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Veal
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Hillegass Chepenik & Hood Cpas
Address
427 3RD STREET NORTH, JACKSONVILLE BEACH, FL 32250-7028
Preparer
William G Hillegass
Phone
9042460713
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“CHANGE IN MARKET VALUE 0”

Raw XML Appendix242 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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IRS990/AllOtherExpensesGrp/TotalAmt052
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0SAM VEAL
IRS990/BooksInCareOfDetail/PhoneNum09042415300
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 51348
IRS990/BooksInCareOfDetail/USAddress/CityNm0JACKSONVILLE BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0322401348
IRS990/BusinessRlnWith35CtrlEntInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt0372236
IRS990/CashNonInterestBearingGrp/EOYAmt0406322
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
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IRS990/CompensationProcessOtherInd0false
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IRS990/ConsolidatedAuditFinclStmtInd0false
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IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt050940
IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0576102
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/Desc0EDUCATION & PRESERVATION OF "BLUES".
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0492452
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03710
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0MITCH HARBESON
IRS990/Form990PartVIISectionAGrp/PersonNm1LLOYD G HYATT
IRS990/Form990PartVIISectionAGrp/PersonNm2REID T MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm3SAM VEAL
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACEY COOPER VEAL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0576102
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt04426
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04426
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATION & PRESERVATION OF "BLUES"
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0446546
IRS990/NetAssetsOrFundBalancesEOYAmt0497486
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0446546
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PRODUCTION EXPENSES
IRS990/OtherExpensesGrp/Desc1ADMINISTRATION
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/ProgramServicesAmt2199
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IRS990/OtherExpensesGrp/TotalAmt129000
IRS990/OtherExpensesGrp/TotalAmt2500
IRS990/OtherExpensesGrp/TotalAmt3199
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt012000
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0571676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0571676
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IRS990/PYInvestmentIncomeAmt01277
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IRS990/PYTotalExpensesAmt0508993
IRS990/PYTotalRevenueAmt0584934
IRS990/ReconcilationRevenueExpnssAmt050940
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt062310
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IRS990/SchoolOperatingInd0false
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IRS990/SubjectToProxyTaxInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-02
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ReturnHeader/Filer/BusinessNameControlTxt0JAXB
ReturnHeader/Filer/EIN0593293739
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0322507028
ReturnHeader/PreparerPersonGrp/PhoneNum09042460713
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM G HILLEGASS
ReturnHeader/ReturnTs02025-09-03T12:59:24-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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