Civic Intelligence

Bluegrass Country Foundation

990EZ • Fiscal year 2019 • EIN 81-3321942

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 10, 2020

4401A Connecticut Avenue NWWashington, DC 20008

(703) 408-1111

Siviq Scores

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

Liabilities / Assets

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

36th percentile

-1.6%

Higher net margin than 36% 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

60th percentile

8.9%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

37th percentile

-7.8%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Up

$35,171

Up $2,872 (+8.9%) from 2018

Net Assets

Up

$34,171

Up $1,872 (+5.8%) from 2018

Liabilities

Up

$1,000

Up $1,000 from 2018

Revenue

Down

$147,127

Down $12,423 (-7.8%) from 2018

Expenses

Down

$149,504

Down $19,261 (-11%) from 2018

Net Income

Up

-$2,377

Up $6,838 (+74%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $32,299Liabilities 2018: $0Net Assets 2018: $32,2992018Assets 2019: $35,171Liabilities 2019: $1,000Net Assets 2019: $34,1712019Assets 2020: $47,667Liabilities 2020: $1,000Net Assets 2020: $46,6672020Assets 2021: $132,549Liabilities 2021: $0Net Assets 2021: $132,5492021Assets 2022: $187,460Liabilities 2022: $0Net Assets 2022: $187,4602022Assets 2024: $232,319Liabilities 2024: $0Net Assets 2024: $232,3192024

Highlighted filing

2019

Assets$35,171
Liabilities$1,000
Net Assets$34,171

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $159,550Expenses 2018: $168,765Net Income 2018: -$9,2152018Revenue 2019: $147,127Expenses 2019: $149,504Net Income 2019: -$2,3772019Revenue 2020: $152,861Expenses 2020: $140,365Net Income 2020: $12,4962020Revenue 2021: $218,832Expenses 2021: $132,950Net Income 2021: $85,8822021Revenue 2022: $204,403Expenses 2022: $149,492Net Income 2022: $54,9112022Revenue 2024: $215,487Expenses 2024: $165,333Net Income 2024: $50,1542024

Highlighted filing

2019

Revenue$147,127
Expenses$149,504
Net Income-$2,377
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 10, 2020
Return Version
2019v5.0
Gross Receipts
$147,127
Mission and Program Overview

Mission

To provide the highest quality of bluegrass and related roots music over the air in washington, dc, throughout the usa, and internationally with internet radio broadcasting.

To provide bluegrass music over the air

Program Services

DescriptionGrantsExpenses
To provide bluegrass, roots, and america music over the airwaves$149,504$5,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM SHERARDPresidentPT$0--
JEFF LUDINFoundation Mgr.PT$0--
RICHARD CASSIDYFoundation Mgr.PT$0--
POLLY SHERARDFoundation Mgr.-$0--
STEVE HERMANSecretaryPT$0--
NANCY LISIFoundation Mgr.PT$0--
THOMAS CLARYTreasurer-$0--
RANDY BARRETTFoundation Mgr.-$0--
Filing and Contact Details

Filer

Filer Name
Bluegrass Country Foundation
EIN
81-3321942
Phone
7034081111
Address
4401A CONNECTICUT AVENUE NW, WASHINGTON, DC 20008

Signing Officer

Name
William Sherard
Title
President
Signed
2020-07-10
Discuss with paid preparer
Yes

Preparer

Firm
Aspire - Accounting Consulting Tax
Address
1596 Wall Drive, Pasadena, MD 21122
Preparer
Thomas Clary CPA
Phone
4103602542
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $1140

Other Expenses.1007

Conferences, Conventions, and Meetings $48

Other Expenses.1012

Insurance $833

Other Expenses.1

Programming $43463

Other Expenses.2

Fundraising Event Costs $1905

Other Expenses.3

Telephone $1873

Other Expenses.4

Merchant Account Fees $1786

Other Expenses.5

Registration Fees $1194

Other Expenses.6

Audio, Software, IT Equipment $999

Other Expenses.8

Payroll Expense $54

Total Liabilities.1

DUE TO WILLIAM SHERARD - Beginning $0 DUE TO WILLIAM SHERARD - Ending $1000

Raw XML Appendix174 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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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020817
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034799
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033422
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05000
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2377
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM SHERARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF LUDIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD CASSIDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3POLLY SHERARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STEVE HERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NANCY LISI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6THOMAS CLARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7RANDY BARRETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Foundation Mgr.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt053295
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE BLUEGRASS MUSIC OVER THE AIR
IRS990EZ/PrintingPublicationsPostageAmt0383
IRS990EZ/ProgramServiceRevenueAmt0142127
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide bluegrass, roots, and america music over the airwaves
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0149504
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt087292
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt0149504
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0144627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0162050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0216182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt043500
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt043500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0566359
IRS990ScheduleA/TotalSupportAmt0566359
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $1140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $48
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Programming $43463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Fundraising Event Costs $1905
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Telephone $1873
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Merchant Account Fees $1786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Registration Fees $1194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Audio, Software, IT Equipment $999
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Payroll Expense $54
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DUE TO WILLIAM SHERARD - Beginning $0 DUE TO WILLIAM SHERARD - Ending $1000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0William Sherard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUEGRASS COUNTRY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BLUE
ReturnHeader/Filer/EIN0813321942
ReturnHeader/Filer/PhoneNum07034081111
ReturnHeader/Filer/USAddress/AddressLine1Txt04401A CONNECTICUT AVENUE NW
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020008
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463053254
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Aspire - Accounting Consulting Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01596 Wall Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pasadena
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021122
ReturnHeader/PreparerPersonGrp/PhoneNum04103602542
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas Clary CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-07-10T09:11:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings