Civic Intelligence

Festival of Cheer Inc

EIN 81-3492217 • 501(c)3 • Dewey Beach, DE

Profile

Festival of cheer, inc. Enriches lives throughout the mid-atlantic region by creating cultural events and health related activities throughout the delaware beach resort area and increasing philanthropic support for organizations supporting the needs of those residing in and visiting sussex county, delaware.

113 Dickinson StreetDewey Beach, DE 19971

www.wonderfestde.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.24x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.23x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

88th percentile

50%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-9.6%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$633,363

Up $211,436 (+50%) from 2018

Liabilities

Up

$154,336

Up $37,612 (+32%) from 2018

Net Assets

Up

$479,027

Up $173,824 (+57%) from 2018

Revenue

Down

$668,503

Down $71,006 (-9.6%) from 2018

Expenses

Up

$494,679

Up $98,094 (+25%) from 2018

Net Income

Down

$173,824

Down $169,100 (-49%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0-$200KAssets 2016: $197,531Liabilities 2016: $79,087Net Assets 2016: $118,4442016Assets 2017: $142,809Liabilities 2017: $180,530Net Assets 2017: -$37,7212017Assets 2018: $421,927Liabilities 2018: $116,724Net Assets 2018: $305,2032018Assets 2019: $633,363Liabilities 2019: $154,336Net Assets 2019: $479,0272019

Highlighted filing

2019

Assets$633,363
Liabilities$154,336
Net Assets$479,027

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $500,456Expenses 2016: $382,012Net Income 2016: $118,4442016Revenue 2017: $607,701Expenses 2017: $726,634Net Income 2017: -$118,9332017Revenue 2018: $739,509Expenses 2018: $396,585Net Income 2018: $342,9242018Revenue 2019: $668,503Expenses 2019: $494,679Net Income 2019: $173,8242019

Highlighted filing

2019

Revenue$668,503
Expenses$494,679
Net Income$173,824

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 14, 2021
Return Version
2019v5.0
Gross Receipts
$668,503
Mission and Program Overview

Mission

Festival of cheer, inc. Enriches lives throughout the mid-atlantic region by creating cultural events and health related activities throughout the delaware beach resort area and increasing philanthropic support for organizations supporting the needs of those residing in and visiting sussex county, delaware.

Festival of cheer, inc. Enriches lives throughout the mid-atlantic region by creating cultural events and health related activities throughout the delaware beach resort area and increasing philanthropic support for organizations supporting the needs of those residing in and visiting sussex county, delaware. The specific objectives are: 1.) to produce an annual holiday festival focusing on arts and entertainment, dining, and health and wellness; 2.) to collaborate with various organizations to create auxiliary fundraising events; 3.) to provide opportunities for participants to engage in recreational and competitive athletic and cultural events; 4.) to support the community via the festival of cheer community investment fund, which awards financial support to organizations focused on improving the lives of individuals residing in sussex county; and 5.) to support the community via the festival of cheer caring hands fund, which awards finacial support to those experiencing hardship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$305,203$479,027▲ $173,824
Land, Buildings, and Equipment, Net$292,756$428,789▲ $136,033
Cash and Non-Interest-Bearing Accounts$127,521$134,924▲ $7,403
Pledges and Grants Receivable-$69,650-
Accounts Receivable$1,650--
Total Assets$421,927$633,363▲ $211,436
Liabilities
Accounts Payable and Accrued Expenses$108,724$154,336▲ $45,612
Other Liabilities$8,000--
Total Liabilities$116,724$154,336▲ $37,612
Net Assets / Fund Balance
Total Net Assets Fund Balance$305,203$479,027▲ $173,824
Total Liabilities and Net Assets / Fund Balance$421,927$633,363▲ $211,436

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$428,789$34,999$463,788
Compensation and Service Providers

Board Members and Trustees

NameTitle
John SnowPresident
Diana MontgomeryDirector
Amy MaultSecretary
Brittany DanahyVice Preside
Henry RosenbergVP & Treasur
Revenue and Support

Revenue Composition

Contributions and Grants
$212,444
Program Service Revenue
$456,059
Investment Income
$0
Other Revenue
$0
All Other Contributions
$212,444
Change in Net Assets
$173,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$490,179
Grants and Similar Amounts Paid$4,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$36,331--$36,331
Depreciation Depletion$30,037--$30,037
Insurance$14,348--$14,348
Grants to Domestic Orgs$4,500--$4,500
Office Expenses-$1,461-$1,461
Conferences and Meetings$1,320--$1,320
Interest$960--$960
Other Expenses$403,311$954-$954
Occupancy$326--$326
Total Functional Expenses$491,133$3,546$0$494,679
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

The form 990 is provided to the board of directors in "draft" form prior to filing. A reasonable period of time is allowed for review and comment by board members prior to filing.

Form 990, Page 6, Part VI, Line 12C

The organization currently does not have a board adopted conflict of interest policy; however, the organization is in the process of adopting a conflict of interest policy that is consistent with the sample policy that is included in appendix a of the instructions to this application. The board intends to have the proposed policy approved at an upcoming board meeting in the near-term. When adopted, the policy will outline the procedures to assure that individuals will not be able to set their own compensation or enter into business deals with themselves.

Form 990, Page 6, Part VI, Line 19

The organization plans to provide its form 990 on its website. Also, a notice that governing documents, policies, and information returns will be made available upon request will be posted on its website as well.

Filing and Contact Details

Filer

Filer Name
Festival of Cheer Inc
EIN
81-3492217
Phone
3022495304
Address
113 DICKINSON STREET, DEWEY BEACH, DE 19971

Signing Officer

Name
Henry Rosenberg
Title
VP & Treasurer
Phone
3027270221
Signed
2021-10-14

Organization Details

Principal Officer
Henry Rosenberg
Formed
2016
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Faw Casson & Co Llp
Address
160 GREENTREE DRIVE SUITE 203, DOVER, DE 19904
Preparer
Alison Houck
Phone
3026744305
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Festival of cheer, inc. Enriches lives throughout the mid-atlantic region by creating cultural events and health related activities throughout the delaware beach resort area and increasing philanthropic support for organizations supporting the needs of those residing in and visiting sussex county, delaware.

Form 990, Page 2, Part III, Line 4A

Produced its annual holiday festival focusing on arts and entertainment, dining, and health and wellness, provided opportunities for participants to engage in recreational and competitive athletic and cultural events. Supported the community via the festival of cheer community investment fund, which awarded financial support to organizations focused on improving the lives of individuals residing in sussex county, delaware. The specific objectives are: 1.) to produce an annual holiday festival focusing on arts and entertainment, dining, and health and wellness; 2.) to collaborate with various organizations to create auxiliary fundraising events; 3.) to provide opportunities for participants to engage in recreational and competitive athletic and cultural events; 4.) to support the community via the festival of cheer community investment fund, which awards financial support to organizations focused on improving the lives of individuals residing in sussex county; and 5.) to support the community via the festival of cheer caring hands fund, which awards finacial support to those experiencing hardship.

Raw XML Appendix334 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0108724
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0154336
IRS990/AccountsReceivableGrp/BOYAmt01650
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FESTIVAL OF CHEER, INC. ENRICHES LIVES THROUGHOUT THE MID-ATLANTIC REGION BY CREATING CULTURAL EVENTS AND HEALTH RELATED ACTIVITIES THROUGHOUT THE DELAWARE BEACH RESORT AREA AND INCREASING PHILANTHROPIC SUPPORT FOR ORGANIZATIONS SUPPORTING THE NEEDS OF THOSE RESIDING IN AND VISITING SUSSEX COUNTY, DELAWARE. THE SPECIFIC OBJECTIVES ARE: 1.) TO PRODUCE AN ANNUAL HOLIDAY FESTIVAL FOCUSING ON ARTS AND ENTERTAINMENT, DINING, AND HEALTH AND WELLNESS; 2.) TO COLLABORATE WITH VARIOUS ORGANIZATIONS TO CREATE AUXILIARY FUNDRAISING EVENTS; 3.) TO PROVIDE OPPORTUNITIES FOR PARTICIPANTS TO ENGAGE IN RECREATIONAL AND COMPETITIVE ATHLETIC AND CULTURAL EVENTS; 4.) TO SUPPORT THE COMMUNITY VIA THE FESTIVAL OF CHEER COMMUNITY INVESTMENT FUND, WHICH AWARDS FINANCIAL SUPPORT TO ORGANIZATIONS FOCUSED ON IMPROVING THE LIVES OF INDIVIDUALS RESIDING IN SUSSEX COUNTY; AND 5.) TO SUPPORT THE COMMUNITY VIA THE FESTIVAL OF CHEER CARING HANDS FUND, WHICH AWARDS FINACIAL SUPPORT TO THOSE EXPERIENCING HARDSHIP.
IRS990/AllOtherContributionsAmt0212444
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0HENRY ROSENBERG
IRS990/BooksInCareOfDetail/PhoneNum03022495304
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015 EAGLE DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0REHOBOTH BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019971
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0127521
IRS990/CashNonInterestBearingGrp/EOYAmt0134924
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01320
IRS990/ConferencesMeetingsGrp/TotalAmt01320
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0212444
IRS990/CYGrantsAndSimilarPaidAmt04500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0490179
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0456059
IRS990/CYRevenuesLessExpensesAmt0173824
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0494679
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0668503
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030037
IRS990/DepreciationDepletionGrp/TotalAmt030037
IRS990/Desc0PRODUCED ITS ANNUAL HOLIDAY FESTIVAL FOCUSING ON ARTS AND ENTERTAINMENT, DINING, AND HEALTH AND WELLNESS, PROVIDED OPPORTUNITIES FOR PARTICIPANTS TO ENGAGE IN RECREATIONAL AND COMPETITIVE ATHLETIC AND CULTURAL EVENTS. SUPPORTED THE COMMUNITY VIA THE FESTIVAL OF CHEER COMMUNITY INVESTMENT FUND, WHICH AWARDED FINANCIAL SUPPORT TO ORGANIZATIONS FOCUSED ON IMPROVING THE LIVES OF INDIVIDUALS RESIDING IN SUSSEX COUNTY, DELAWARE. THE SPECIFIC OBJECTIVES ARE: 1.) TO PRODUCE AN ANNUAL HOLIDAY FESTIVAL FOCUSING ON ARTS AND ENTERTAINMENT, DINING, AND HEALTH AND WELLNESS; 2.) TO COLLABORATE WITH VARIOUS ORGANIZATIONS TO CREATE AUXILIARY FUNDRAISING EVENTS; 3.) TO PROVIDE OPPORTUNITIES FOR PARTICIPANTS TO ENGAGE IN RECREATIONAL AND COMPETITIVE ATHLETIC AND CULTURAL EVENTS; 4.) TO SUPPORT THE COMMUNITY VIA THE FESTIVAL OF CHEER COMMUNITY INVESTMENT FUND, WHICH AWARDS FINANCIAL SUPPORT TO ORGANIZATIONS FOCUSED ON IMPROVING THE LIVES OF INDIVIDUALS RESIDING IN SUSSEX COUNTY; AND 5.) TO SUPPORT THE COMMUNITY VIA THE FESTIVAL OF CHEER CARING HANDS FUND, WHICH AWARDS FINACIAL SUPPORT TO THOSE EXPERIENCING HARDSHIP.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0491133
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt036331
IRS990/FeesForServicesOtherGrp/TotalAmt036331
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0BRITTANY DANAHY
IRS990/Form990PartVIISectionAGrp/PersonNm1AMY MAULT
IRS990/Form990PartVIISectionAGrp/PersonNm2DIANA MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm3HENRY ROSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN SNOW
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP & TREASUR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt04500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0668503
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt014348
IRS990/InsuranceGrp/TotalAmt014348
IRS990/InterestGrp/ProgramServicesAmt0960
IRS990/InterestGrp/TotalAmt0960
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034999
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0292756
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0428789
IRS990/LandBldgEquipCostOrOtherBssAmt0463788
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FESTIVAL OF CHEER, INC. ENRICHES LIVES THROUGHOUT THE MID-ATLANTIC REGION BY CREATING CULTURAL EVENTS AND HEALTH RELATED ACTIVITIES THROUGHOUT THE DELAWARE BEACH RESORT AREA AND INCREASING PHILANTHROPIC SUPPORT FOR ORGANIZATIONS SUPPORTING THE NEEDS OF THOSE RESIDING IN AND VISITING SUSSEX COUNTY, DELAWARE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0305203
IRS990/NetAssetsOrFundBalancesEOYAmt0479027
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt04700
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0326
IRS990/OccupancyGrp/TotalAmt0326
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01461
IRS990/OfficeExpensesGrp/TotalAmt01461
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PRODUCTION FEES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01131
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1954
IRS990/OtherExpensesGrp/ProgramServicesAmt0403311
IRS990/OtherExpensesGrp/TotalAmt0403311
IRS990/OtherExpensesGrp/TotalAmt11131
IRS990/OtherExpensesGrp/TotalAmt2954
IRS990/OtherLiabilitiesGrp/BOYAmt08000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt069650
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HENRY ROSENBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LIGHT SPECTACULAR
IRS990/ProgramServiceRevenueGrp/Desc1CHRISTMAS VILLAGE
IRS990/ProgramServiceRevenueGrp/Desc2ICE RINK
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4DASHING THROUGH THE SHOW
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0206060
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1138570
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt285380
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314954
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt411095
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0206060
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1138570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt285380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314954
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt411095
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0403364
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt09000
IRS990/PYOtherExpensesAmt0387585
IRS990/PYProgramServiceRevenueAmt0336145
IRS990/PYRevenuesLessExpensesAmt0342924
IRS990/PYTotalExpensesAmt0396585
IRS990/PYTotalRevenueAmt0739509
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0173824
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0456059
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0305203
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0479027
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0212444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0403364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0270993
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0216850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01103651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0456059
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0336145
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0336708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0283606
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01412518
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt02516169
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0668503
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0739509
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0607701
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0500456
IRS990ScheduleA/Total509Grp/TotalAmt02516169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0668503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0739509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0607701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0500456
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02516169
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0428789
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034999
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0463788
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0428789
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FESTIVAL OF CHEER, INC. ENRICHES LIVES THROUGHOUT THE MID-ATLANTIC REGION BY CREATING CULTURAL EVENTS AND HEALTH RELATED ACTIVITIES THROUGHOUT THE DELAWARE BEACH RESORT AREA AND INCREASING PHILANTHROPIC SUPPORT FOR ORGANIZATIONS SUPPORTING THE NEEDS OF THOSE RESIDING IN AND VISITING SUSSEX COUNTY, DELAWARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRODUCED ITS ANNUAL HOLIDAY FESTIVAL FOCUSING ON ARTS AND ENTERTAINMENT, DINING, AND HEALTH AND WELLNESS, PROVIDED OPPORTUNITIES FOR PARTICIPANTS TO ENGAGE IN RECREATIONAL AND COMPETITIVE ATHLETIC AND CULTURAL EVENTS. SUPPORTED THE COMMUNITY VIA THE FESTIVAL OF CHEER COMMUNITY INVESTMENT FUND, WHICH AWARDED FINANCIAL SUPPORT TO ORGANIZATIONS FOCUSED ON IMPROVING THE LIVES OF INDIVIDUALS RESIDING IN SUSSEX COUNTY, DELAWARE. THE SPECIFIC OBJECTIVES ARE: 1.) TO PRODUCE AN ANNUAL HOLIDAY FESTIVAL FOCUSING ON ARTS AND ENTERTAINMENT, DINING, AND HEALTH AND WELLNESS; 2.) TO COLLABORATE WITH VARIOUS ORGANIZATIONS TO CREATE AUXILIARY FUNDRAISING EVENTS; 3.) TO PROVIDE OPPORTUNITIES FOR PARTICIPANTS TO ENGAGE IN RECREATIONAL AND COMPETITIVE ATHLETIC AND CULTURAL EVENTS; 4.) TO SUPPORT THE COMMUNITY VIA THE FESTIVAL OF CHEER COMMUNITY INVESTMENT FUND, WHICH AWARDS FINANCIAL SUPPORT TO ORGANIZATIONS FOCUSED ON IMPROVING THE LIVES OF INDIVIDUALS RESIDING IN SUSSEX COUNTY; AND 5.) TO SUPPORT THE COMMUNITY VIA THE FESTIVAL OF CHEER CARING HANDS FUND, WHICH AWARDS FINACIAL SUPPORT TO THOSE EXPERIENCING HARDSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS IN "DRAFT" FORM PRIOR TO FILING. A REASONABLE PERIOD OF TIME IS ALLOWED FOR REVIEW AND COMMENT BY BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CURRENTLY DOES NOT HAVE A BOARD ADOPTED CONFLICT OF INTEREST POLICY; HOWEVER, THE ORGANIZATION IS IN THE PROCESS OF ADOPTING A CONFLICT OF INTEREST POLICY THAT IS CONSISTENT WITH THE SAMPLE POLICY THAT IS INCLUDED IN APPENDIX A OF THE INSTRUCTIONS TO THIS APPLICATION. THE BOARD INTENDS TO HAVE THE PROPOSED POLICY APPROVED AT AN UPCOMING BOARD MEETING IN THE NEAR-TERM. WHEN ADOPTED, THE POLICY WILL OUTLINE THE PROCEDURES TO ASSURE THAT INDIVIDUALS WILL NOT BE ABLE TO SET THEIR OWN COMPENSATION OR ENTER INTO BUSINESS DEALS WITH THEMSELVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PLANS TO PROVIDE ITS FORM 990 ON ITS WEBSITE. ALSO, A NOTICE THAT GOVERNING DOCUMENTS, POLICIES, AND INFORMATION RETURNS WILL BE MADE AVAILABLE UPON REQUEST WILL BE POSTED ON ITS WEBSITE AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0421927
IRS990/TotalAssetsEOYAmt0633363
IRS990/TotalAssetsGrp/BOYAmt0421927
IRS990/TotalAssetsGrp/EOYAmt0633363
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0212444
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03546
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0491133
IRS990/TotalFunctionalExpensesGrp/TotalAmt0494679
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0116724
IRS990/TotalLiabilitiesEOYAmt0154336
IRS990/TotalLiabilitiesGrp/BOYAmt0116724
IRS990/TotalLiabilitiesGrp/EOYAmt0154336
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0305203
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0479027
IRS990/TotalProgramServiceExpensesAmt0491133
IRS990/TotalProgramServiceRevenueAmt0456059
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0456059
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0668503
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0421927
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0633363
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015 EAGLE DR
IRS990/USAddress/CityNm0REHOBOTH BEACH
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019971
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WONDERFESTDE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HENRY ROSENBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03027270221
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FESTIVAL OF CHEER INC
ReturnHeader/Filer/BusinessNameControlTxt0FEST
ReturnHeader/Filer/EIN0813492217
ReturnHeader/Filer/PhoneNum03022495304
ReturnHeader/Filer/USAddress/AddressLine1Txt0113 DICKINSON STREET
ReturnHeader/Filer/USAddress/CityNm0DEWEY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019971
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0520619968
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FAW CASSON & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 GREENTREE DRIVE SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019904
ReturnHeader/PreparerPersonGrp/PhoneNum03026744305
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALISON HOUCK
ReturnHeader/ReturnTs02021-12-03T11:52:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.