Civic Intelligence

Red River Events Inc

990 • Fiscal year 2024 • EIN 84-3549303

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 01, 2025

Organization Profile
PO Box 189Red River, NM 87558

(575) 754-6284

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

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

2024 filings • NTEE A68 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

2024 filings • NTEE A68 • <$500k nonprofits • Source year 2024

Net Margin

28th percentile

-4.9%

Higher net margin than 28% of similar nonprofits.

2024 filings • NTEE A68 • <$500k nonprofits • Source year 2024

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2024 filings • NTEE A68 • <$500k nonprofits • Source year 2024

Asset Growth

26th percentile

-21%

Faster asset growth than 26% of similar nonprofits.

2024 filings • NTEE A68 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

11%

Faster revenue growth than 47% of similar nonprofits.

2024 filings • NTEE A68 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$57,561

Down $15,092 (-21%) from 2023

Net Assets

Down

$57,561

Down $15,092 (-21%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin28th percentile

Revenue

Up

$306,256

Up $31,041 (+11%) from 2023

Expenses

Up

$321,348

Up $75,495 (+31%) from 2023

Net Income

Down

-$15,092

Down $44,454 (-151%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$80K$60K$40K$20K$0Assets 2021: $46,919Liabilities 2021: $4,143Net Assets 2021: $42,7762021Assets 2022: $43,291Liabilities 2022: $0Net Assets 2022: $43,2912022Assets 2023: $72,653Liabilities 2023: $0Net Assets 2023: $72,6532023Assets 2024: $57,561Liabilities 2024: $0Net Assets 2024: $57,5612024

Highlighted filing

2024

Assets$57,561
Liabilities$0
Net Assets$57,561
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2021: $230,365Expenses 2021: $198,637Net Income 2021: $31,7282021Revenue 2022: $217,306Expenses 2022: $216,791Net Income 2022: $5152022Revenue 2023: $275,215Expenses 2023: $245,853Net Income 2023: $29,3622023Revenue 2024: $306,256Expenses 2024: $321,348Net Income 2024: -$15,0922024

Highlighted filing

2024

Revenue$306,256
Expenses$321,348
Net Income-$15,092
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.0
Gross Receipts
$309,709
Mission and Program Overview

Mission

Red river special events is a non-profit organization who's purpose is to increase tourisim in red river and the surrouding areas, promote music festivals in red river and surrounding areas and to promote the participating musicians who are part of the festivals by the sales of their merchandise and other means.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$72,653$7,561▼ $65,092
Total Assets$72,653$57,561▼ $15,092
Other Assets Total-$50,000-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$72,653$57,561▼ $15,092
Total Net Assets Fund Balance$72,653$57,561▼ $15,092
Total Liabilities and Net Assets / Fund Balance$72,653$57,561▼ $15,092

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$50,000--
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Steven HeglundPresident
Jon Carl HeglundTreasurer
Priscilla FrondarinaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$84,167
Program Service Revenue
$225,542
Investment Income
$0
Other Revenue
$-3,453
All Other Contributions
$84,167
Change in Net Assets
$-15,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,348
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$77,152$8,120-$85,272
Fees for Services Other$66,021--$66,021
Other Expenses$22,234--$22,234
Occupancy$7,865--$7,865
Advertising$6,014--$6,014
Fees for Services Accounting-$1,905-$1,905
Office Expenses$13--$13
Total Functional Expenses$311,323$10,025$0$321,348
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,453
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Red River Events Inc
EIN
84-3549303
Address
PO BOX 189, RED RIVER, NM 87558

Signing Officer

Name
Steven Heglund
Title
President
Phone
5757546284
Signed
2025-08-01

Organization Details

Principal Officer
Steven Heglund
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Ctg Tax
Address
9201 MONTGOMERY BLVD NE SUITE 701, ALBUQUERQUE, NM 87111
Preparer
Crystal Thompson
Phone
5058843703
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Red river special events is a non-profit organization who's purpose is to increase tourisim in red river and the surrouding areas, promote music festivals in red river and surrounding areas and to promote the participating musicians who are part of the festivals by the sales of their merchandise and other means.”

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

“Promote the participating musicians who are a part of the festivals by the sales of their merchandise and other means”

Form 990, Part IX, Line 11G

“Songwriters festival adminiistration 535 0 0 0 0 0 aspencade administration 22,888 0 0 0 0 0 8750 festival administration 41,338 0 0 venue assistance 1,260 0 0 total 66,021 0 0”

Form 990, Part IX, Line 24E

“Lodging 20,636 0 0 merchandise payout 9,407 0 0 meals 9,305 0 0 penalties 0 8,120 0 lodging 5,573 0 0 security 5,307 0 0 sound system 4,500 0 0 awards 4,000 0 0 sound system 3,500 0 0 cogs 3,362 0 0 supplies 3,184 0 0 charitable 2,922 0 0 photography 1,832 0 0 lighting 1,825 0 0 program fes 411 0 0 merchandise payout 375 0 0 utilities 361 0 0 awards 292 0 0 office supplies 260 0 0 gifts 100 0 0 total 77,152 8,120 0”

Raw XML Appendix274 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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IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0266
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RED RIVER SPECIAL EVENTS IS A NON-PROFIT ORGANIZATION WHO'S PURPOSE IS TO INCREASE TOURISIM IN RED RIVER AND THE SURROUDING AREAS, PROMOTE MUSIC FESTIVALS IN RED RIVER AND SURROUNDING AREAS AND TO PROMOTE THE PARTICIPATING MUSICIANS WHO ARE PART OF THE FESTIVALS BY THE SALES OF THEIR MERCHANDISE AND OTHER MEANS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROMOTE THE PARTICIPATING MUSICIANS WHO ARE A PART OF THE FESTIVALS BY THE SALES OF THEIR MERCHANDISE AND OTHER MEANS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SONGWRITERS FESTIVAL ADMINIISTRATION 535 0 0 0 0 0 ASPENCADE ADMINISTRATION 22,888 0 0 0 0 0 8750 FESTIVAL ADMINISTRATION 41,338 0 0 VENUE ASSISTANCE 1,260 0 0 TOTAL 66,021 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LODGING 20,636 0 0 MERCHANDISE PAYOUT 9,407 0 0 MEALS 9,305 0 0 PENALTIES 0 8,120 0 LODGING 5,573 0 0 SECURITY 5,307 0 0 SOUND SYSTEM 4,500 0 0 AWARDS 4,000 0 0 SOUND SYSTEM 3,500 0 0 COGS 3,362 0 0 SUPPLIES 3,184 0 0 CHARITABLE 2,922 0 0 PHOTOGRAPHY 1,832 0 0 LIGHTING 1,825 0 0 PROGRAM FES 411 0 0 MERCHANDISE PAYOUT 375 0 0 UTILITIES 361 0 0 AWARDS 292 0 0 OFFICE SUPPLIES 260 0 0 GIFTS 100 0 0 TOTAL 77,152 8,120 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN HEGLUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05757546284
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED RIVER EVENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0REDR
ReturnHeader/Filer/EIN0843549303
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 189
ReturnHeader/Filer/USAddress/CityNm0RED RIVER
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ReturnHeader/Filer/USAddress/ZIPCd087558
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0934791856
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087111
ReturnHeader/PreparerPersonGrp/PhoneNum05058843703
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRYSTAL THOMPSON
ReturnHeader/ReturnTs02025-08-01T12:30:25-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,561
Liabilities
$0
Net assets
$57,561
Revenue
$306,256
Expenses
$321,348
Net income
-$15,092
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$3.06$3.21$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$2.75$2.46$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$2.17$2.17$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.43$2.30$1.99$0.32