Clinton Fall Festival Inc

Nonprofit profile at a glance

EIN
300180949
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022
Location
Clinton, MI, USA
Phone
5174567396
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fairs

Reported finances

Revenue
$84,833
Expenses
$70,873
Assets
$84,927
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Doris Kemner (President and Director)
  • Tonya Couture (Vice President and Director)

People named in this filing

  • Doris Kemner (President and Director)
  • Tonya Couture (Vice President and Director)
  • Jarrod J Stober (Treasurer and Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Host Annual Festival in Village of Clinton, Michigan

What it reported doing in 2022

We annually host a Three Day Arts & Crafts Festival in the streets of the Village of Clinton, Michigan, where crafters and merchants can display and sell their products and services. We also provide free entertainment on our Stage, and host a car show, softball tournament and carnival to provide entertainment for all ages and attract visitors to the Village of Clinton.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 80% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.1%; rating input score 62
  • Program expense ratio: 74.4%; rating input score 74

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 16.5%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 17.9% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 62.1% of revenue deployed · 74.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $53K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.