First Night Harrisonburg Inc
Nonprofit profile at a glance
- EIN
- 541663054
- IRS 990-EZ coverage
- 2012–2019
- Forms available
- Form 990-EZ 2019
- Location
- Harrisonburg, VA, USA
- Phone
- 5404329027
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Celebrations
Reported finances
- Revenue
- $24,875
- Expenses
- $44,573
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- TROY SUTER (PRESIDENT)
- MIKE BELTS (NEW EXECUTIVE DIRECTOR)
People named in this filing
- TROY SUTER (PRESIDENT)
- DENISE DAWSON (TREASURER)
- CAROLINE SHULL (SECRETARY/EXPLORE MUSEUM R)
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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New year's eve festival
What it reported doing in 2019
New years eve festival and entertainment in an alcohol-free environment, benefiting the residents of the city of harrisonburg and rockingham county
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 19
- Transparency & Controls: 100
- Sustainability: 6
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.8%; rating input score 31
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -79.2%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 14.8%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: -4.8% per year; rating input score 0; 39th percentile among comparable filings
- Revenue growth: -3% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 30.8% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2012 to 2019
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 31/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 9/100.