Civic Intelligence

Tacoma Events Commission

990 • Fiscal year 2014 • EIN 91-1222063

Jan 01, 2014 to Dec 31, 2014 • Filed on Dec 14, 2015

4109-e7 Bridgeport Way WUniversity Place, WA 98466

(253) 682-1446

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.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

76th percentile

$4,641

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

97th percentile

417%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$141,953

Up $114,516 (+417%) from 2013

Net Assets

Up

$141,953

Up $114,516 (+417%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$331,438

Up $83,211 (+34%) from 2013

Expenses

Down

$216,922

Down $13,045 (-5.7%) from 2013

Net Income

Up

$114,516

Up $96,256 (+527%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $40,528Liabilities 2010: $0Net Assets 2010: $40,5282010Assets 2011: $1,123Liabilities 2011: $698Net Assets 2011: $4252011Assets 2012: $9,177Liabilities 2012: $0Net Assets 2012: $9,1772012Assets 2013: $27,437Liabilities 2013: $0Net Assets 2013: $27,4372013Assets 2014: $141,953Liabilities 2014: $0Net Assets 2014: $141,9532014Assets 2015: $123,205Liabilities 2015: $0Net Assets 2015: $123,2052015Assets 2016: $11,598Liabilities 2016: $195Net Assets 2016: $11,4032016Assets 2017: $12,585Liabilities 2017: $573Net Assets 2017: $12,0122017Assets 2018: $38,671Liabilities 2018: $597Net Assets 2018: $38,0742018Assets 2019: $65,653Liabilities 2019: $74Net Assets 2019: $65,5792019Assets 2020: $32,700Liabilities 2020: $48,742Net Assets 2020: -$16,0422020Assets 2021: $4,738Liabilities 2021: $0Net Assets 2021: $4,7382021

Highlighted filing

2014

Assets$141,953
Liabilities$0
Net Assets$141,953

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $228,6602010Revenue 2011: $255,302Expenses 2011: $295,405Net Income 2011: -$40,1032011Expenses 2012: $276,5602012Revenue 2013: $248,227Expenses 2013: $229,967Net Income 2013: $18,2602013Revenue 2014: $331,438Expenses 2014: $216,922Net Income 2014: $114,5162014Revenue 2015: $272,938Expenses 2015: $291,948Net Income 2015: -$19,0102015Revenue 2016: $229,050Expenses 2016: $333,568Net Income 2016: -$104,5182016Revenue 2017: $1,037,973Expenses 2017: $292,809Net Income 2017: $745,1642017Revenue 2018: $222,879Expenses 2018: $205,007Net Income 2018: $17,8722018Revenue 2019: $1,165,756Expenses 2019: $1,138,849Net Income 2019: $26,9072019Revenue 2020: $11,849Expenses 2020: $29,498Net Income 2020: -$17,6492020Revenue 2021: $161,455Expenses 2021: $167,699Net Income 2021: -$6,2442021

Highlighted filing

2014

Revenue$331,438
Expenses$216,922
Net Income$114,516
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Dec 14, 2015
Return Version
2014v5.0
Gross Receipts
$331,438
Mission and Program Overview

Mission

Our mission is the efficient presentation of memorable special events in the greater tacoma area that honor our diverse heritage, inspire unity, and contribute to building a vibrant communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,125$141,730▲ $114,605
Land, Buildings, and Equipment, Net$312$223▼ $89
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$27,437$141,953▲ $114,516
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$27,437$141,953▲ $114,516
Total Net Assets Fund Balance$27,437$141,953▲ $114,516
Total Liabilities and Net Assets / Fund Balance$27,437$141,953▲ $114,516

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$20,001$20,001
Other Land Buildings$223$777$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jensene LinenkoDirectorPT$4,641$4,641
Charles WatersDirectorPT$2,400$2,400
Michael FreemanDirectorPT$1,200$1,200
James OliverDirector-$150$150

Board Members and Trustees

NameTitle
Lori LinenkoChairman
Kelly SousaVice Chair
Chris PfaffVice Chairman
Carol LailDirector
John SpencerDirector
Tim SamlaskaDirector
Greg GoochSecrectary
Tamara ReeceSecretary
TONY LaSTELLATreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Gary GrapeEvent Manager266 LAKE LOUISE DR SW, Lakewood, WA 98498$40,000
Revenue and Support

Revenue Composition

Contributions and Grants
$218,276
Program Service Revenue
$113,158
Investment Income
$4
Other Revenue
$0
All Other Contributions
$164,276
Change in Net Assets
$114,516

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$669,900Estimate & Quotes
Other Non Cash Contri Table1$4,665Std Billing Rates
Total Noncash Contributions2$674,565-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,340
Professional Fundraising Fees$21,832
Total Fundraising Expense$21,832
Salaries, Compensation, and Employee Benefits$3,750
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$31,305$2,255-$33,560
Fees for Services Management$22,250--$22,250
Fees for Services Professional Fundraising--$21,832$21,832
Fees for Services Accounting$8,200$4,665-$12,865
Advertising$9,284--$9,284
Insurance$6,572--$6,572
Fees for Services Other$6,453--$6,453
Other Expenses$6,256--$6,256
Occupancy$4,800--$4,800
Current Officers, Directors, Trustees, and Key Employees$3,750--$3,750
Office Expenses$650--$650
Information Technology$408--$408
Depreciation Depletion-$89-$89
Travel$9--$9
Total Functional Expenses$188,081$7,009$21,832$216,922
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$21,832
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
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, Part VI, Line 11B: Form 990 Review Process

Reviewed by organizations staff

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

A committee reviewed like jobs for ceo's and executive director's of organizations similar to the industry and compared compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available at the organizations office or at the secretary of state.olympia, washington

Filing and Contact Details

Filer

Filer Name
Tacoma Events Commission
EIN
91-1222063
Phone
2536821446
Address
4109-E7 BRIDGEPORT WAY W, UNIVERSITY PLACE, WA 98466

Signing Officer

Name
Lori Linenko
Title
Chairman
Signed
2015-12-14
Discuss with paid preparer
Yes

Organization Details

Formed
1983
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
200

Preparer

Firm
Nelson & Company Ps Cpas
Address
2010 65TH AVE W, FIRCREST, WA 98466-6200
Preparer
David S Nelson CPA
Phone
2537529522
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: to provide a summer festival that features food, activities and entertainment to university place festival other program services 5: as part of the annual fourth of july celebration the community of pierce county is provided and air and car show...wingswheels

Form 990, Part IX, Line 24E: Other Expenses

Bank Fees: Column (A) - Total = $420; Column (B) - Program Services = $10; Column (C) - Management & General = $410; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Clean Up Services: Column (A) - Total = $756; Column (B) - Program Services = $756; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Concessions: Column (A) - Total = $1540; Column (B) - Program Services = $1540; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Dues: Column (A) - Total = $1963; Column (B) - Program Services = $1963; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Equipment & Supplies: Column (A) - Total = $851; Column (B) - Program Services = $851; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

INSURANCE DIR: Column (A) - Total = $650; Column (B) - Program Services = $650; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Licenses & Permits: Column (A) - Total = $1885; Column (B) - Program Services = $1885; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

OTHER O: Column (A) - Total = $2520; Column (B) - Program Services = $2520; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

OTHER OVERHEAD EXPs: Column (A) - Total = $1797; Column (B) - Program Services = $0; Column (C) - Management & General = $1797; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Parking Services: Column (A) - Total = $1777; Column (B) - Program Services = $1777; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PERMITS & LIC: Column (A) - Total = $1209; Column (B) - Program Services = $1209; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $1160; Column (B) - Program Services = $1160; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $1150; Column (B) - Program Services = $1102; Column (C) - Management & General = $48; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

RADIO EQU : Column (A) - Total = $485; Column (B) - Program Services = $485; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

REPAIRS: Column (A) - Total = $244; Column (B) - Program Services = $244; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Security Services: Column (A) - Total = $1897; Column (B) - Program Services = $1897; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SUPPLIES AND EQU: Column (A) - Total = $489; Column (B) - Program Services = $489; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SUPPLIES PRO: Column (A) - Total = $540; Column (B) - Program Services = $540; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Telephone: Column (A) - Total = $1273; Column (B) - Program Services = $1273; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TENTS & STAGES RENTED: Column (A) - Total = $949; Column (B) - Program Services = $949; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Training: Column (A) - Total = $495; Column (B) - Program Services = $495; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TRANSPORTATION CARTS: Column (A) - Total = $1637; Column (B) - Program Services = $1637; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Volunteer Support: Column (A) - Total = $4829; Column (B) - Program Services = $4829; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

WEBSITE: Column (A) - Total = $3044; Column (B) - Program Services = $3044; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/MissionDesc0OUR MISSION IS THE EFFICIENT PRESENTATION OF MEMORABLE SPECIAL EVENTS IN THE GREATER TACOMA AREA THAT HONOR OUR DIVERSE HERITAGE, INSPIRE UNITY, AND CONTRIBUTE TO BUILDING A VIBRANT COMMUNITIES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0AS PART OF THE ANNUAL FOURTH OF JULY CELEBRATION THE COMMUNITY OF PIERCE COUNTY IS PROVIDED AND AIR AND CAR SHOW...WINGSWHEELS
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