Civic Intelligence

Ablene Freedom Festival

990EZ • Fiscal year 2020 • EIN 82-3983345

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

2180 Maple StAbilene, TX 79602

(325) 669-6784

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

79th percentile

31%

Higher net margin than 79% 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

91st percentile

146%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

51st percentile

-12%

Faster revenue growth than 51% of similar nonprofits.

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

Assets

Up

$49,859

Up $29,579 (+146%) from 2019

Net Assets

Up

$49,859

Up $29,579 (+146%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$94,603

Down $13,506 (-12%) from 2019

Expenses

Down

$65,024

Down $32,492 (-33%) from 2019

Net Income

Up

$29,579

Up $18,986 (+179%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $9,687Liabilities 2018: $0Net Assets 2018: $9,6872018Assets 2019: $20,280Liabilities 2019: $0Net Assets 2019: $20,2802019Assets 2020: $49,859Liabilities 2020: $0Net Assets 2020: $49,8592020Assets 2021: $12,761Liabilities 2021: $0Net Assets 2021: $12,7612021Assets 2022: $9,064Liabilities 2022: $0Net Assets 2022: $9,0642022

Highlighted filing

2020

Assets$49,859
Liabilities$0
Net Assets$49,859

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $98,384Expenses 2018: $88,697Net Income 2018: $9,6872018Revenue 2019: $108,109Expenses 2019: $97,516Net Income 2019: $10,5932019Revenue 2020: $94,603Expenses 2020: $65,024Net Income 2020: $29,5792020Revenue 2021: $40,308Expenses 2021: $77,406Net Income 2021: -$37,0982021Revenue 2022: $3,157Expenses 2022: $6,854Net Income 2022: -$3,6972022

Highlighted filing

2020

Revenue$94,603
Expenses$65,024
Net Income$29,579
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$116,206
Mission and Program Overview

Mission

To promote patriotic, civic, and cultural benevolence in taylor county, texas and the surrounding area through organizing an annual fourth of july festival.

Program Services

DescriptionGrantsExpenses
THE ABILENE FREEDOM FESTIVAL COORDINATES AND HOSTS THE ANNUAL 4TH OF JULY FESTIVAL AND "STARS AND STRIPES PARADE" LOCATED IN ABILENE, TEXAS. THE ABILENE FREEDOM FESTIVAL HAD OVER 5,000 PERSONS IN COMBINED ATTENDANCE OVER THE PAST TWO YEARS.$0$62,619
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDDIE MAGEEDirector-$0--
CAMERON WILEYDirector-$0--
W KELLY JAYPresident-$0--
GARY GRUBBSVice President-$0--
BRITTNEY JAYSecretary-$0--
CHRISTI JAYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Abilene Freedom Festival
EIN
82-3983345
Phone
3256696784
Address
2180 MAPLE ST, ABILENE, TX 79602

Signing Officer

Name
Christi Jay
Title
Treasurer
Phone
3256696784
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Condley and Company Llp
Address
PO BOX 2993, ABILENE, TX 79604-2993
Preparer
Corby Flanagan CPA
Phone
3256776251
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: fireworks. Amount: 10,000. Description: venue rental & entertainment. Amount: 27,800. Description: supplies. Amount: 10,782. Description: advertising. Amount: 7,178. Description: insurance. Amount: 502. Description: miscellaneous program expense. Amount: 6,357. Description: ongoing expenses of operations. Amount: 1,155. Total to form 990-ez, line 16: 63,774.

Raw XML Appendix169 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/PhoneNum03256696784
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01525 CREEKBEND COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ABILENE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079602
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020280
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EDDIE MAGEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CAMERON WILEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2W KELLY JAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GARY GRUBBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRITTNEY JAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHRISTI JAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt063774
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE PATRIOTIC, CIVIC, AND CULTURAL BENEVOLENCE IN TAYLOR COUNTY, TEXAS AND THE SURROUNDING AREA THROUGH ORGANIZING AN ANNUAL FOURTH OF JULY FESTIVAL.
IRS990EZ/ProgramServiceRevenueAmt05840
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ABILENE FREEDOM FESTIVAL COORDINATES AND HOSTS THE ANNUAL 4TH OF JULY FESTIVAL AND "STARS AND STRIPES PARADE" LOCATED IN ABILENE, TEXAS. THE ABILENE FREEDOM FESTIVAL HAD OVER 5,000 PERSONS IN COMBINED ATTENDANCE OVER THE PAST TWO YEARS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt062619
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt021603
IRS990EZ/SpecialEventsNetIncomeLossAmt0-8743
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065024
IRS990EZ/TotalProgramServiceExpensesAmt062619
IRS990EZ/TotalRevenueAmt094603
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ABILENEFREEDOMFESTIVAL.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt097506
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt074190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0267140
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05840
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt053107
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0320247
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0320247
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FIREWORKS. AMOUNT: 10,000. DESCRIPTION: VENUE RENTAL & ENTERTAINMENT. AMOUNT: 27,800. DESCRIPTION: SUPPLIES. AMOUNT: 10,782. DESCRIPTION: ADVERTISING. AMOUNT: 7,178. DESCRIPTION: INSURANCE. AMOUNT: 502. DESCRIPTION: MISCELLANEOUS PROGRAM EXPENSE. AMOUNT: 6,357. DESCRIPTION: ONGOING EXPENSES OF OPERATIONS. AMOUNT: 1,155. TOTAL TO FORM 990-EZ, LINE 16: 63,774.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTI JAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03256696784
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABILENE FREEDOM FESTIVAL
ReturnHeader/Filer/BusinessNameControlTxt0ABIL
ReturnHeader/Filer/EIN0823983345
ReturnHeader/Filer/PhoneNum03256696784
ReturnHeader/Filer/USAddress/AddressLine1Txt02180 MAPLE ST
ReturnHeader/Filer/USAddress/CityNm0ABILENE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079602
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751056027
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONDLEY AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2993
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ABILENE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0796042993
ReturnHeader/PreparerPersonGrp/PhoneNum03256776251
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CORBY FLANAGAN CPA
ReturnHeader/ReturnTs02021-11-11T15:44:46-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JAY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings