Hot Concession Services Inc

Nonprofit profile at a glance

EIN
822150321
IRS 990-EZ coverage
2018–2018
Forms available
Form 990-EZ 2018
Location
Waco, TX, USA
Phone
2547761660
Rating
44
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$41,299
Expenses
$6,870
Assets
$42,286
Liabilities
$7,857

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CHRIS KINCAID (PRESIDENT)
  • CLAYTON HALL (VICE-PRESIDENT)
  • JD EWING (1ST VICE-PRESIDENT)

People named in this filing

  • CHRIS KINCAID (PRESIDENT)
  • CLAYTON HALL (VICE-PRESIDENT)
  • JD EWING (1ST VICE-PRESIDENT)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Food & beverage provider primarily operating at the extraco events center/ heart o' Texas fair and rodeo, which supports the scholarship giving of mclennan county fair, inc.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 74
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

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: 83.4%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 6.16; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 100%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.