Civic Intelligence

Festa Italiana Association Inc

EIN 93-1100917 • 501(c)3 • Portland, OR

Profile

To promote Italian culture and heritage

PO Box 18084Portland, OR 97213
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

93rd percentile

120%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

115%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$8,769

Up $4,775 (+120%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin83rd percentile

Revenue

$14,048

No earlier filing loaded for comparison.

Expenses

Down

$9,273

Down $15,610 (-63%) from 2020

Net Income

$4,775

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$80K$60K$40K$20K$0Assets 2010: $73,375Liabilities 2010: $02010Assets 2011: $58,776Liabilities 2011: $02011Assets 2012: $31,837Liabilities 2012: $0Net Assets 2012: $31,8372012Assets 2013: $34,089Liabilities 2013: $02013Assets 2014: $63,612Liabilities 2014: $0Net Assets 2014: $63,6122014Assets 2015: $56,516Liabilities 2015: $0Net Assets 2015: $56,5162015Assets 2016: $52,640Liabilities 2016: $0Net Assets 2016: $52,6402016Assets 2017: $44,800Liabilities 2017: $0Net Assets 2017: $44,8002017Assets 2018: $27,279Liabilities 2018: $0Net Assets 2018: $27,2792018Assets 2019: $28,877Liabilities 2019: $0Net Assets 2019: $28,8772019Assets 2020: $3,994Liabilities 2020: $0Net Assets 2020: $3,9942020Assets 2021: $8,769Liabilities 2021: $02021

Highlighted filing

2021

Assets$8,769
Liabilities$0
Net Assets-
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

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

$200K$100K$0-$100KRevenue 2010: $31,137Expenses 2010: $51,706Net Income 2010: -$20,5692010Revenue 2011: $9,863Expenses 2011: $24,462Net Income 2011: -$14,5992011Revenue 2012: -$25,879Expenses 2012: $1,060Net Income 2012: -$26,9392012Revenue 2013: $5,164Expenses 2013: $2,912Net Income 2013: $2,2522013Revenue 2014: $139,563Expenses 2014: $110,040Net Income 2014: $29,5232014Revenue 2015: $97,605Expenses 2015: $104,701Net Income 2015: -$7,0962015Revenue 2016: $114,483Expenses 2016: $118,359Net Income 2016: -$3,8762016Revenue 2017: $175,765Expenses 2017: $183,605Net Income 2017: -$7,8402017Revenue 2018: $161,279Expenses 2018: $178,800Net Income 2018: -$17,5212018Revenue 2019: $3,032Expenses 2019: $1,434Net Income 2019: $1,5982019Expenses 2020: $24,8832020Revenue 2021: $14,048Expenses 2021: $9,273Net Income 2021: $4,7752021

Highlighted filing

2021

Revenue$14,048
Expenses$9,273
Net Income$4,775
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$8,769
Liabilities
$0
Net assets
-
Revenue
$14,048
Expenses
$9,273
Net income
$4,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Summary only. Only limited summary data is available for this year.$0.09$0.00$0.14$0.09$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.03$0.01$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.61$1.79$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$1.76$1.84$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$1.14$1.18$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.00$0.57$0.98$1.05$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$1.40$1.10$0.30
2013Summary only. Only limited summary data is available for this year.$0.34$0.00$0.05$0.03$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.26$0.01$0.27
2011Summary only. Only limited summary data is available for this year.$0.59$0.00$0.10$0.24$0.15
2010Summary only. Only limited summary data is available for this year.$0.73$0.00$0.31$0.52$0.21
Latest Detailed Filing

The latest 2021 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 30, 2021
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

To promote Italian culture and heritage

Program Services

DescriptionGrantsExpenses
THE ASSOCIATION PROMOTES ITALIAN CULTURE AND HERITAGE IN PORTLAND, OREGON, BY PRODUCING AN ANNUAL WEEK-LONG ITALIAN FESTIVAL IN DOWNTOWN PORTLAND.-$990
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ED FERREROPresidentPT$0--
ANNA SALANTITreasurerPT$0--
BARBARA BLAIRSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Festa Italiana Association Inc
EIN
93-1100917
Address
PO BOX 18084, PORTLAND, OR 97213

Signing Officer

Name
Ed Ferrero
Title
President
Phone
5032564880
Signed
2021-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Kevin R Minkoff CPA PC
Address
12508 NE Halsey St, Portland, OR 97230
Preparer
Kevin Minkoff CPA
Phone
5032523988
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountfesta expenses not deducted in py 23,893”

Raw XML Appendix148 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ED FERRERO
IRS990EZ/BooksInCareOfDetail/PhoneNum05033514654
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 18084
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd097213
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt028877
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03994
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-24883
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt028877
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03994
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt028877
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03994
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt028877
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03994
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ED FERRERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANNA SALANTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BARBARA BLAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt023893
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE ITALIAN CULTURE AND HERITAGE
IRS990EZ/PrintingPublicationsPostageAmt0990
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ASSOCIATION PROMOTES ITALIAN CULTURE AND HERITAGE IN PORTLAND, OREGON, BY PRODUCING AN ANNUAL WEEK-LONG ITALIAN FESTIVAL IN DOWNTOWN PORTLAND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0990
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OR
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024883
IRS990EZ/TotalProgramServiceExpensesAmt0990
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01504
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016124
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0149135
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0174062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0112236
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0437763
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt039
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0453887
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0160821
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0175566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0114470
IRS990ScheduleA/Total509Grp/TotalAmt0453887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03032
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0160830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0175581
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0114483
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0453926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTFESTA EXPENSES NOT DEDUCTED IN PY 23,893
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ED FERRERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05032564880
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FESTA ITALIANA ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FEST
ReturnHeader/Filer/EIN0931100917
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 18084
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097213
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271856706
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kevin R Minkoff CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012508 NE Halsey St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097230
ReturnHeader/PreparerPersonGrp/PhoneNum05032523988
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kevin Minkoff CPA
ReturnHeader/ReturnTs02021-05-11T18:17:43-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ED
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FERRERO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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