Civic Intelligence

Profest Inc.

990EZ • Fiscal year 2019 • EIN 80-0224807

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 27, 2020

Organization ProfileN/A
319 Pennsylvania AveDenton, TX 76205

(940) 383-4418

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

39th percentile

-0.5%

Higher net margin than 39% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

37th percentile

-3.8%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$7,744

Down $303 (-3.8%) from 2018

Net Assets

Down

$7,744

Down $303 (-3.8%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin39th percentile

Revenue

Down

$63,624

Down $16,101 (-20%) from 2018

Expenses

Down

$63,927

Down $15,532 (-20%) from 2018

Net Income

Down

-$303

Down $569 (-214%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$10K$5.0K$0Assets 2011: $9,802Liabilities 2011: $02011Assets 2012: $9,799Net Assets 2012: $9,7992012Assets 2013: $9,856Net Assets 2013: $9,8562013Assets 2014: $8,799Net Assets 2014: $8,7992014Assets 2015: $9,035Net Assets 2015: $9,0352015Assets 2016: $7,064Net Assets 2016: $7,0642016Assets 2017: $7,781Net Assets 2017: $7,7812017Assets 2018: $8,047Net Assets 2018: $8,0472018Assets 2019: $7,744Net Assets 2019: $7,7442019Assets 2020: $8,554Net Assets 2020: $8,5542020Assets 2021: $6,439Net Assets 2021: $6,4392021Assets 2022: $5,070Net Assets 2022: $5,0702022

Highlighted filing

2019

Assets$7,744
Liabilities-
Net Assets$7,744
Open 2019 Filing

Operations Trend

Revenue Growth24th percentile

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

$100K$50K$0-$50KRevenue 2011: $37,954Expenses 2011: $36,723Net Income 2011: $1,2312011Revenue 2012: $66,255Expenses 2012: $66,258Net Income 2012: -$32012Revenue 2013: $77,114Expenses 2013: $77,057Net Income 2013: $572013Revenue 2014: $74,412Expenses 2014: $75,469Net Income 2014: -$1,0572014Revenue 2015: $52,315Expenses 2015: $52,079Net Income 2015: $2362015Revenue 2016: $67,086Expenses 2016: $69,057Net Income 2016: -$1,9712016Revenue 2017: $40,561Expenses 2017: $39,844Net Income 2017: $7172017Revenue 2018: $79,725Expenses 2018: $79,459Net Income 2018: $2662018Revenue 2019: $63,624Expenses 2019: $63,927Net Income 2019: -$3032019Revenue 2020: $2,000Expenses 2020: $1,190Net Income 2020: $8102020Revenue 2021: $47,101Expenses 2021: $49,216Net Income 2021: -$2,1152021Revenue 2022: $67,622Expenses 2022: $68,991Net Income 2022: -$1,3692022

Highlighted filing

2019

Revenue$63,624
Expenses$63,927
Net Income-$303
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 27, 2020
Return Version
2019v5.0
Gross Receipts
$101,394
Mission and Program Overview

Mission

Beer/wine sales for fundraising for the denton arts & jazz festival

Program Services

DescriptionGrantsExpenses
BEER/WINE SALES FOR FUNDRAISING FOR THE DENTON ARTS & JAZZ FESTIVAL. ABLE TO DONATE $78,000 TO CHARITABLE ORGANIZATIONS FROM THE NET PROCEEDS.$39,197-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROL SHORTExecutive DirecPT$0--
HENRY C PAINE JRDirector-$0--
KEVIN LEEHLERDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Arts & Jazz Fest$101,394$101,394$8,924$92,470
Total Events$101,394$101,394$37,770$63,624
Filing and Contact Details

Filer

Filer Name
Profest Inc
EIN
80-0224807
Phone
9403834418
Address
319 PENNSYLVANIA AVE, DENTON, TX 76205

Signing Officer

Name
Carol Short
Title
Executive Direc
Signed
2020-02-27
Discuss with paid preparer
Yes

Preparer

Firm
Hankins Eastup Deaton Tonn & Seay
Address
902 N LOCUST ST, DENTON, TX 76201
Preparer
Carl M Deaton
Phone
9403878563
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: DENTON FESTIVAL FOUNDATION | Donee's Address: PO BOX 2104 DENTON TX 76202 | Cash Amount Given: $62500”

Other Expenses.1002

“Office Expenses $240”

Other Expenses.1012

“Insurance $962”

Raw XML Appendix153 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CAROL SHORT
IRS990EZ/BooksInCareOfDetail/PhoneNum09403834418
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0319 PENNSYLVANIA AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DENTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076205
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08047
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07744
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-303
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0225
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08047
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07744
IRS990EZ/FundraisingGrossIncomeAmt0101394
IRS990EZ/GrantsAndSimilarAmountsPaidAmt062500
IRS990EZ/GrossReceiptsAmt0101394
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08047
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07744
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08047
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07744
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CAROL SHORT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HENRY C PAINE JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KEVIN LEEHLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Direc
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01202
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BEER/WINE SALES FOR FUNDRAISING FOR THE DENTON ARTS & JAZZ FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BEER/WINE SALES FOR FUNDRAISING FOR THE DENTON ARTS & JAZZ FESTIVAL. ABLE TO DONATE $78,000 TO CHARITABLE ORGANIZATIONS FROM THE NET PROCEEDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt039197
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt037770
IRS990EZ/SpecialEventsNetIncomeLossAmt063624
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt063927
IRS990EZ/TotalProgramServiceExpensesAmt039197
IRS990EZ/TotalRevenueAmt063624
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0101394
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0120556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt072801
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0107466
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt090696
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0492913
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0492913
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0101394
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0120556
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt072801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0107466
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt090696
IRS990ScheduleA/Total509Grp/TotalAmt0492913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101394
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0120556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt072801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0107466
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt090696
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0492913
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037770
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ARTS & JAZZ FEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt028846
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt028846
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0101394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0101394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0101394
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0101394
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt063624
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08924
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: DENTON FESTIVAL FOUNDATION | Donee's Address: PO BOX 2104 DENTON TX 76202 | Cash Amount Given: $62500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $962
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL SHORT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROFEST INC
ReturnHeader/Filer/BusinessNameControlTxt0PROF
ReturnHeader/Filer/EIN0800224807
ReturnHeader/Filer/PhoneNum09403834418
ReturnHeader/Filer/USAddress/AddressLine1Txt0319 PENNSYLVANIA AVE
ReturnHeader/Filer/USAddress/CityNm0DENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751333383
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HANKINS EASTUP DEATON TONN & SEAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0902 N LOCUST ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076201
ReturnHeader/PreparerPersonGrp/PhoneNum09403878563
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carl M Deaton
ReturnHeader/ReturnTs02020-02-27T14:54:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,744
Liabilities
-
Net assets
$7,744
Revenue
$63,624
Expenses
$63,927
Net income
-$303
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.07$5.07$67.6$69.0$1.37
2021Detailed filing. Detailed filing data is available for this year.$6.44$6.44$47.1$49.2$2.12
2020Detailed filing. Detailed filing data is available for this year.$8.55$8.55$2.00$1.19$0.81
2019Detailed filing. Detailed filing data is available for this year.$7.74$7.74$63.6$63.9$0.30
2018Detailed filing. Detailed filing data is available for this year.$8.05$8.05$79.7$79.5$0.27
2017Detailed filing. Detailed filing data is available for this year.$7.78$7.78$40.6$39.8$0.72
2016Detailed filing. Detailed filing data is available for this year.$7.06$7.06$67.1$69.1$1.97
2015Detailed filing. Detailed filing data is available for this year.$9.04$9.04$52.3$52.1$0.24
2014Detailed filing. Detailed filing data is available for this year.$8.80$8.80$74.4$75.5$1.06
2013Detailed filing. Detailed filing data is available for this year.$9.86$9.86$77.1$77.1$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.80$9.80$66.3$66.3$0.00
2011Summary only. Only limited summary data is available for this year.$9.80$0.00$38.0$36.7$1.23