Civic Intelligence

Bluegrass Country Foundation

990EZ • Fiscal year 2020 • EIN 81-3321942

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

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

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

55th percentile

8.2%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

75th percentile

36%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

3.9%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$47,667

Up $12,496 (+36%) from 2019

Net Assets

Up

$46,667

Up $12,496 (+37%) from 2019

Liabilities

Flat

$1,000

Flat from 2019

Revenue

Up

$152,861

Up $5,734 (+3.9%) from 2019

Expenses

Down

$140,365

Down $9,139 (-6.1%) from 2019

Net Income

Up

$12,496

Up $14,873 (+626%) from 2019

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

2020

Assets$47,667
Liabilities$1,000
Net Assets$46,667

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

2020

Revenue$152,861
Expenses$140,365
Net Income$12,496
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$152,861
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$135,880$16,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM SHERARDPresidentPT$0--
JEFF LUDINDirectorPT$0--
RICHARD CASSIDYDirectorPT$0--
POLLY SHERARDDirector-$0--
STEVE HERMANSecretaryPT$0--
NANCY LISIDirectorPT$0--
THOMAS CLARYTreasurer-$0--
RANDY BARRETTDirector-$0--
Dan ShippDirector-$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
Randy Barrett
Title
President
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Aspire-Accounting Consulting Tax
Address
23 East Broadway, Salem, NY 12865
Preparer
Thomas Clary CPA
Phone
5183196080
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $4598

Other Expenses.1002

Office Expenses $493

Other Expenses.1004

Royalties $500

Other Expenses.1005

Travel $36

Other Expenses.1007

Conferences, Conventions, and Meetings $350

Other Expenses.1012

Insurance $1933

Other Expenses.1

Programming $20597

Other Expenses.2

Grammy Grant Work $4500

Other Expenses.3

Memberships and Dues $4305

Other Expenses.4

Fundraising Event Costs $3701

Other Expenses.5

Telephone $2930

Other Expenses.6

Merchant Account Fees $1924

Other Expenses.7

Audio, Software, IT Equipment $1528

Other Expenses.9

Payroll Expense $725

Other Expenses.10

Registration Fees $643

Total Liabilities.1

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

Raw XML Appendix197 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
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/PersonNm8Dan Shipp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt048763
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE BLUEGRASS MUSIC OVER THE AIR
IRS990EZ/PrintingPublicationsPostageAmt01281
IRS990EZ/ProgramServiceRevenueAmt0136531
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide bluegrass, roots, and america music over the airwaves
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0135880
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016800
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt085446
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0152861
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0136718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0144627
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0703077
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0136718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0144627
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0216182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt043500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0703077
IRS990ScheduleA/TotalSupportAmt0703077
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $493
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Royalties $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $36
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences, Conventions, and Meetings $350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $1933
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Programming $20597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Grammy Grant Work $4500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Memberships and Dues $4305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Fundraising Event Costs $3701
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Telephone $2930
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Merchant Account Fees $1924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Audio, Software, IT Equipment $1528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Payroll Expense $725
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Registration Fees $643
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15DUE TO WILLIAM SHERARD - Beginning $1000 DUE TO WILLIAM SHERARD - Ending $1000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Randy Barrett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
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/PreparerFirmEIN0852061380
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Aspire-Accounting Consulting Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023 East Broadway
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012865
ReturnHeader/PreparerPersonGrp/PhoneNum05183196080
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas Clary CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-15T12:34:51-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Randy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Barrett
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings