Civic Intelligence

Tacoma Events Commission

990 • Fiscal year 2016 • EIN 91-1222063

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization Profilewww.tacomaevents.com
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

65th percentile

0.02x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

9th percentile

-46%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$13,800

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

3rd percentile

-91%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

27th percentile

-16%

Faster revenue growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$11,598

Down $111,607 (-91%) from 2015

Net Assets

Down

$11,403

Down $111,802 (-91%) from 2015

Liabilities

Up

$195

Up $195 from 2015

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin9th percentile

Revenue

Down

$229,050

Down $43,888 (-16%) from 2015

Expenses

Up

$333,568

Up $41,620 (+14%) from 2015

Net Income

Down

-$104,518

Down $85,508 (-450%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

2016

Assets$11,598
Liabilities$195
Net Assets$11,403
Open 2016 Filing

Operations Trend

Revenue Growth27th percentile

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

2016

Revenue$229,050
Expenses$333,568
Net Income-$104,518
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$229,050
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$123,071$11,379▼ $111,692
Accounts Receivable-$150-
Land, Buildings, and Equipment, Net$134$45▼ $89
Savings and Temporary Cash Investments-$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$123,205$11,598▼ $111,607
Other Assets Total-$24-
Liabilities
Other Liabilities-$195-
Total Liabilities$0$195▲ $195
Net Assets / Fund Balance
Unrestricted Net Assets$123,205$11,403▼ $111,802
Total Net Assets Fund Balance$123,205$11,403▼ $111,802
Total Liabilities and Net Assets / Fund Balance$123,205$11,598▼ $111,607

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$20,001$20,001
Other Land Buildings$45$955$1,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jensene LinenkoAsst Director of EventsPT$13,800$13,800

Board Members and Trustees

NameTitle
Lori LinenkoChairman
Kelly SousaVice Chair
Chris PfaffVice Chairman
Carol LailDirector
Charles WatersDirector
James OliverDirector
John SpencerDirector
Michael FreemanDirector
Tim SamlaskaDirector
Greg GoochSecrectary
Tamara ReeceSecretary
TONY LaSTELLATreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Gary GrapeEvent Manager266 LAKE LOUISE DR SW, Lakewood, WA 98498$42,073
Revenue and Support

Revenue Composition

Contributions and Grants
$87,887
Program Service Revenue
$141,158
Investment Income
$5
Other Revenue
$0
All Other Contributions
$57,887
Change in Net Assets
$-104,518

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$740,000Fair Market Value (FMV) Using Rate Sheet
Other Non Cash Contri Table1$7,200Fair Market Value (FMV) of Rent
Total Noncash Contributions2$747,200-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$317,693
Salaries, Compensation, and Employee Benefits$15,875
Total Fundraising Expense$930
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$42,073$9,058$115$51,246
All Other Expenses$42,323$2,419-$44,742
Fees for Services Accounting-$28,806-$28,806
Other Expenses$23,742--$23,742
Other Salaries and Wages-$15,875-$15,875
Insurance$14,400--$14,400
Occupancy$7,200$4,800-$12,000
Office Expenses-$2,989-$2,989
Travel-$943-$943
Information Technology--$408$408
Payment Travel Entrtnmnt Publicly Ofcl--$407$407
Depreciation Depletion$89--$89
Total Functional Expenses$267,748$64,890$930$333,568
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$195
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 2: Description of Business or Family Relationship of Officers, Directors, Et

“Lori Linenko daughter's Jensene Linenko worked as a part time assistant director of events. see sch J for her wages.”

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
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lori Linenko
Formed
1983
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
245

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:”

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

“ACCESS TO PARKING: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

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

“CAR SHOW FEES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

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

“Concessions: Column (A) - Total = $15956; Column (B) - Program Services = $15956; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“Hosting: Column (A) - Total = $2218; Column (B) - Program Services = $2218; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“INTERNET ACCESS FEES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“LIC AND PERMIT FEES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

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

“MEMERSHIP DUES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

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

“Printing and Publications: Column (A) - Total = $11787; Column (B) - Program Services = $11787; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“PRODUCTION AIRSHOW: Column (A) - Total = $3474; Column (B) - Program Services = $3474; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

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

“REFUNDS TO VENDORS: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“REPAIRS TO EQU VARIOUS: Column (A) - Total = $387; Column (B) - Program Services = $387; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“ROUNDING BALANCE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

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

“SHUTTLE BUS SERVICES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“SOUND SYSTEMS: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“SUPPLIES AND EQU: Column (A) - Total = $2773; Column (B) - Program Services = $2773; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“Telephone: Column (A) - Total = $4402; Column (B) - Program Services = $1983; Column (C) - Management & General = $2419; Column (D) - Fundraising = $0”

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

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

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

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

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

“TRANSPORTATION CARTS: Column (A) - Total = $3003; Column (B) - Program Services = $3003; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“UTIL ELECTRICAL SERV: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“VOLUNTEER SERVICE: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

“Volunteer Support: Column (A) - Total = $742; Column (B) - Program Services = $742; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

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

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

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Duplicate deposit = -$7284”

Raw XML AppendixShowing 400 of 583 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/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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IRS990/ProgSrvcAccomActy3Grp/Desc0TO PROVIDE A FOOD VENUE TO THE PIERCE COUNTY COMMUNITY BY FEATURING ITEMS ON THE MENU WITH PUMPKIN AS A MAIN INGREDIENT DURING THE PUMPKIN HARVEST SEASON.
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Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,598
Liabilities
$195
Net assets
$11,403
Revenue
$229,050
Expenses
$333,568
Net income
-$104,518
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.16$0.17$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.05$0.02$0.01$0.03$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.17$1.14$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.22$0.21$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.04$0.29$0.75
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.23$0.33$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.27$0.29$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.33$0.22$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.25$0.23$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.28
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.26$0.30$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.23