Civic Intelligence

Chilifest Inc

990 • Fiscal year 2019 • EIN 74-2947869

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

1511 S Texas Avenue Pmb 328College Station, TX 77840

(979) 695-2998

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

5th percentile

-25%

Faster asset growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$80,258

Down $27,383 (-25%) from 2018

Net Assets

Down

$80,258

Down $27,383 (-25%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$133,712

Down $75,368 (-36%) from 2018

Expenses

Down

$161,095

Down $44,985 (-22%) from 2018

Net Income

Down

-$27,383

Down $30,383 (-1013%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2011: $141,830Liabilities 2011: $0Net Assets 2011: $141,8302011Assets 2012: $104,313Liabilities 2012: $0Net Assets 2012: $104,3132012Assets 2013: $52,786Liabilities 2013: $0Net Assets 2013: $52,7862013Assets 2014: $102,944Liabilities 2014: $0Net Assets 2014: $102,9442014Assets 2015: $112,678Liabilities 2015: $0Net Assets 2015: $112,6782015Assets 2016: $198,193Liabilities 2016: $0Net Assets 2016: $198,1932016Assets 2017: $104,641Liabilities 2017: $0Net Assets 2017: $104,6412017Assets 2018: $107,641Liabilities 2018: $0Net Assets 2018: $107,6412018Assets 2019: $80,258Liabilities 2019: $0Net Assets 2019: $80,2582019Assets 2020: $58,729Liabilities 2020: $0Net Assets 2020: $58,7292020Assets 2021: $64,055Liabilities 2021: $90,000Net Assets 2021: -$25,9452021

Highlighted filing

2019

Assets$80,258
Liabilities$0
Net Assets$80,258

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $271,230Expenses 2011: $256,950Net Income 2011: $14,2802011Revenue 2012: $130,843Expenses 2012: $168,360Net Income 2012: -$37,5172012Revenue 2013: $735,166Expenses 2013: $786,693Net Income 2013: -$51,5272013Revenue 2014: $1,025,303Expenses 2014: $975,145Net Income 2014: $50,1582014Revenue 2015: $1,040,381Expenses 2015: $1,030,647Net Income 2015: $9,7342015Revenue 2016: $1,449,178Expenses 2016: $1,363,663Net Income 2016: $85,5152016Revenue 2017: $1,398,742Expenses 2017: $1,492,294Net Income 2017: -$93,5522017Revenue 2018: $209,080Expenses 2018: $206,080Net Income 2018: $3,0002018Revenue 2019: $133,712Expenses 2019: $161,095Net Income 2019: -$27,3832019Revenue 2020: $610,784Expenses 2020: $632,313Net Income 2020: -$21,5292020Revenue 2021: $96,603Expenses 2021: $181,277Net Income 2021: -$84,6742021

Highlighted filing

2019

Revenue$133,712
Expenses$161,095
Net Income-$27,383
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$1,678,497
Mission and Program Overview

Mission

Chilifest is a two-day music festival that draws in over 35,000 people each year and features performances from some of the biggest names in country music and rock. Our main purpose is to give back to local charities throughout the brazos valley and its surroundings areas while providing a unique festival experience to attendees

The mission of chilifest, inc. Is to raise funds for other tax exempt organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,668$46,416▼ $28,252
Savings and Temporary Cash Investments$32,973$33,842▲ $869
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$107,641$80,258▼ $27,383
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,641$80,258▼ $27,383
Total Net Assets Fund Balance$107,641$80,258▼ $27,383
Total Liabilities and Net Assets / Fund Balance$107,641$80,258▼ $27,383

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,786$1,786
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cole RobertsPresident
Gunnar SmithExecutive Vice President
Charles KuykendallVice President
Derric LoweOfficer
Jackson BeasleyOfficer
Matthew KingOfficer
Nick CurrieOfficer
Garrison KindredVP of Operations
Revenue and Support

Revenue Composition

Contributions and Grants
$140,700
Program Service Revenue
$0
Investment Income
$128
Other Revenue
$-7,116
Change in Net Assets
$-27,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$157,000
Other Expenses$4,095
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$157,000--$157,000
Fees for Services Accounting-$4,050-$4,050
Fees for Services Other-$45-$45
Total Functional Expenses$157,000$4,095$0$161,095
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Burleson County Go TexanSnook, TX-To Provide Financial Support for Scholarships$25,000
Boys & Girls ClubBryan, TX-To Provide Financial Support$15,000
Coach Blair CharitiesBryan, TX-To Provide Financial Support$10,000
Burleson County First RepondersCaldwell, TX-To Provide Financial Support$8,000
Snook Volunteer Fire DepartmentSnook, TX-To Provide Financial Support$8,000
St Joseph EmsBryan, TX-To Provide Financial Support$8,000
Big Brothers Big SistersSan Antonio, TX-To Provide Financial Support$7,000
Snook Ag BoostersSnook, TX-To Provide Financial Support$6,000
Veterans of Foreign WarsCaldwell, TX-To Provide Financial Support$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,544,785
Fundraising Gross Income$1,537,669
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events - Chilifest$1,678,369$1,537,669$534,381$1,003,288
Total Events$1,678,369$1,537,669$1,544,785$-7,116
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
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

Form 990 approved at a board meeting before filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12

New and returning board members are asked to disclose this information.

Form 990, Part VI, Section C, Line 19

Interested parties can request a copy of the form 1023 and/or 990 by contacting any chilifest board member by phone or mail.

Filing and Contact Details

Filer

Filer Name
Chilifest Inc
EIN
74-2947869
Phone
9796952998
Address
1511 S TEXAS AVENUE PMB 328, COLLEGE STATION, TX 77840

Signing Officer

Name
Charles Kuykendall
Title
Vice President
Phone
5125179922
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Kuykendall
Formed
1999
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Seidel Schroeder
Address
1575 CRESCENT POINTE PARKWAY, COLLEGE STATION, TX 77845
Preparer
Duane Muehlbrad
Phone
9798468980
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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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01786
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01786
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt02750
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt02750
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0140700
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0140700
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01544785
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0589309
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0589309
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS - CHILIFEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0130084
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0130084
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01678369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01678369
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01537669
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01537669
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-7116
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0534381
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0534381
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0288261
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0288261
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt47000
IRS990ScheduleI/RecipientTable/CashGrantAmt58000
IRS990ScheduleI/RecipientTable/CashGrantAmt68000
IRS990ScheduleI/RecipientTable/CashGrantAmt78000
IRS990ScheduleI/RecipientTable/CashGrantAmt86000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE FINANCIAL SUPPORT FOR SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TO PROVIDE FINANCIAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOYS & GIRLS CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BURLESON COUNTY GO TEXAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COACH BLAIR CHARITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SNOOK AG BOOSTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BIG BROTHERS BIG SISTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5BURLESON COUNTY FIRST REPONDERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SNOOK VOLUNTEER FIRE DEPARTMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7ST JOSEPH EMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8VETERANS OF FOREIGN WARS
IRS990ScheduleI/RecipientTable/RecipientEIN0746079584
IRS990ScheduleI/RecipientTable/RecipientEIN1742731734
IRS990ScheduleI/RecipientTable/RecipientEIN2262574437
IRS990ScheduleI/RecipientTable/RecipientEIN3260197361
IRS990ScheduleI/RecipientTable/RecipientEIN4741897630
IRS990ScheduleI/RecipientTable/RecipientEIN5822535350
IRS990ScheduleI/RecipientTable/RecipientEIN6742023808
IRS990ScheduleI/RecipientTable/RecipientEIN7741282696
IRS990ScheduleI/RecipientTable/RecipientEIN8746062941
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0900 W WILLIAM J BRYAN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 547
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt24301 APACHE CT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 504
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt410843 GULFDALE DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5100 W BUCK STE 303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO BOX 172
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt72200 E VILLA MARIA
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt81644 HWY 39 S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BRYAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SNOOK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BRYAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SNOOK
IRS990ScheduleI/RecipientTable/USAddress/CityNm4SAN ANTONIO
IRS990ScheduleI/RecipientTable/USAddress/CityNm5CALDWELL
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SNOOK
IRS990ScheduleI/RecipientTable/USAddress/CityNm7BRYAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm8CALDWELL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd077803
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd177878
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd277802
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd377878
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd478216
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd577836
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd677878
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd777802
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd877836
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 APPROVED AT A BOARD MEETING BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEW AND RETURNING BOARD MEMBERS ARE ASKED TO DISCLOSE THIS INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTERESTED PARTIES CAN REQUEST A COPY OF THE FORM 1023 AND/OR 990 BY CONTACTING ANY CHILIFEST BOARD MEMBER BY PHONE OR MAIL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0107641
IRS990/TotalAssetsEOYAmt080258
IRS990/TotalAssetsGrp/BOYAmt0107641
IRS990/TotalAssetsGrp/EOYAmt080258
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0140700
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04095
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0157000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0161095
IRS990/TotalGrossUBIAmt00

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