Civic Intelligence

Bams Fest Inc.

990EZ • Fiscal year 2018 • EIN 81-2970737

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 08, 2019

1452 DORCHESTER AVENUE Ste 4TH FLDorchester, MA 02122

(857) 207-9319

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

58th percentile

7.0%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

38th percentile

-4.0%

Faster asset growth than 38% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

263%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$8,639

Down $364 (-4.0%) from 2017

Net Assets

Down

$8,639

Down $294 (-3.3%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$117,656

Up $85,251 (+263%) from 2017

Expenses

Up

$109,465

Up $84,353 (+336%) from 2017

Net Income

Up

$8,191

Up $898 (+12%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $9,003Liabilities 2017: $0Net Assets 2017: $8,9332017Assets 2018: $8,639Liabilities 2018: $0Net Assets 2018: $8,6392018Assets 2019: $5,634Liabilities 2019: $0Net Assets 2019: $5,6342019Assets 2020: $289,165Liabilities 2020: $0Net Assets 2020: $289,1652020Assets 2021: $303,126Liabilities 2021: $0Net Assets 2021: $303,1262021Assets 2022: $172,540Liabilities 2022: $0Net Assets 2022: $172,5402022Assets 2023: $306,144Liabilities 2023: $0Net Assets 2023: $306,1442023Assets 2024: $194,693Liabilities 2024: $0Net Assets 2024: $194,6932024

Highlighted filing

2018

Assets$8,639
Liabilities$0
Net Assets$8,639

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $32,405Expenses 2017: $25,112Net Income 2017: $7,2932017Revenue 2018: $117,656Expenses 2018: $109,465Net Income 2018: $8,1912018Revenue 2019: $201,149Expenses 2019: $204,154Net Income 2019: -$3,0052019Revenue 2020: $368,116Expenses 2020: $87,360Net Income 2020: $280,7562020Revenue 2021: $333,147Expenses 2021: $319,035Net Income 2021: $14,1122021Revenue 2022: $598,386Expenses 2022: $796,971Net Income 2022: -$198,5852022Revenue 2023: $875,184Expenses 2023: $959,580Net Income 2023: -$84,3962023Revenue 2024: $689,799Expenses 2024: $801,250Net Income 2024: -$111,4512024

Highlighted filing

2018

Revenue$117,656
Expenses$109,465
Net Income$8,191
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 8, 2019
Return Version
2018v3.1
Gross Receipts
$117,656
Mission and Program Overview

Mission

Our mission is to provide a high qulaity, value based, annual arts and community festival, which strives to break down racial and social barriers to arts and culture equity.

ARTS AND MUSIC

Program Services

DescriptionGrantsExpenses
SERVICES CONSIST OF CULTURAL ENTERTAINMENT MAINLY IN THE FORM OF MUSICAL PERFORMANCES-$109,465
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REGINAULD WILLIAMSBoard ChairPT$0--
BETSY MORRISSecretaryPT$0--
CATHERINE MORRISInterim TreasurerPT$0--
ALLENTZA MICHELBoard MemberPT$0--
FELICIA OKONKWOBoard MemberPT$0--
JUSTIN SPRINGERBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Bams Fest Inc
EIN
81-2970737
In Care Of
% CATHERINE MORRIS
Phone
8572079319
Address
1452 DORCHESTER AVENUE Ste 4TH FL, DORCHESTER, MA 02122

Signing Officer

Name
Catherine Morris
Title
President
Phone
8572079319
Signed
2019-10-08
Discuss with paid preparer
No

Preparer

Firm
Eddy Company LLC
Address
PO BOX 681, BEVERLY, MA 01915
Preparer
Brian T Eddy Cfa Cfp
Phone
9782823339
Supplemental Narrative

Additional Explanations

Part I Line 8

REIMBURSEMENTS $669.00

Part I Line 8

Other deposits cash $298.00

Part I Line 8

INTUIT RECEIPT $1292.00

Part I Line 16

Advertising and promotion $9521.00

Part I Line 16

Other office expenses $3655.00

Part I Line 16

Insurance $2764.00

Part I Line 16

Paypal purchases $3841.00

Part I Line 16

CREATIVE COOP $150.00

Part I Line 16

OTHER WITHDRAW $1350.00

Part I Line 16

Loan- atyia martin $10000.00

Raw XML Appendix170 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/BenefitsPaidToOrForMembersAmt072762
IRS990EZ/BooksInCareOfDetail/PersonNm0CATHERINE T MORRIS
IRS990EZ/BooksInCareOfDetail/PhoneNum08572079319
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01452 DORCHESTER AVE Ste 4TH FL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DORCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002122
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0448
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08639
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039057
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt08191
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0857
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0448
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08639
IRS990EZ/GrossReceiptsAmt0117656
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0448
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08639
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0448
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08639
IRS990EZ/OccupancyRentUtltsAndMaintAmt02765
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REGINAULD WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BETSY MORRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CATHERINE MORRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALLENTZA MICHEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4FELICIA OKONKWO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JUSTIN SPRINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2INTERIM TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt031281
IRS990EZ/OtherRevenueTotalAmt02259
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0ARTS AND MUSIC
IRS990EZ/ProgramServiceRevenueAmt076340
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SERVICES CONSIST OF CULTURAL ENTERTAINMENT MAINLY IN THE FORM OF MUSICAL PERFORMANCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0109465
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01800
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0109465
IRS990EZ/TotalProgramServiceExpensesAmt0109465
IRS990EZ/TotalRevenueAmt0117656
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.bamsfest.org/bams-fest
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0115397
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0115397
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02259
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02259
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0115397
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115397
IRS990ScheduleA/Total509Grp/TotalAmt0115397
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0117656
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0117656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REIMBURSEMENTS $669.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DEPOSITS CASH $298.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTUIT RECEIPT $1292.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising and promotion $9521.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other office expenses $3655.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $2764.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYPAL PURCHASES $3841.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CREATIVE COOP $150.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OTHER WITHDRAW $1350.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LOAN- ATYIA MARTIN $10000.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part I Line 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHERINE MORRIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08572079319
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAMS FEST INC
ReturnHeader/Filer/BusinessNameControlTxt0BAMS
ReturnHeader/Filer/EIN0812970737
ReturnHeader/Filer/InCareOfNm0% CATHERINE MORRIS
ReturnHeader/Filer/PhoneNum08572079319
ReturnHeader/Filer/USAddress/AddressLine1Txt01452 DORCHESTER AVENUE Ste 4TH FL
ReturnHeader/Filer/USAddress/CityNm0DORCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002122
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId042B3919A275B56A5BEC1EB06A45FC9D0E491820D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId042B3919A275B56A5BEC1EB06A45FC9D0E491820D
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId004035820192811026809
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-10-08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.255.167.233
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465134703
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDDY COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 681
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEVERLY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001915
ReturnHeader/PreparerPersonGrp/PhoneNum09782823339
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN T EDDY CFA CFP
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-10-08T14:58:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings