Form 990 for tax year 2024
Filed by INDEPENDENCE DAY CELEBRATION INC.
Totals
- Total revenue
- $321,478
- Total expenses
- $321,697
- Contributions and grants received
- $258,902
- Grants paid
- $27,373
- Program service revenue
- $62,576
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $130,113
- Total liabilities, end of year
- $1,865
- Net assets or fund balances, end of year
- $128,248
- Program services expenses (Part IX)
- $290,420
- Management and general expenses
- $12,203
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $240,092
Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$169,988
-
1e · Government grants (contributions)
$14,491
-
1f · All other contributions, gifts and grants
$74,423
-
1g · Noncash contributions included above
$44,500
-
2a · Program service revenue: Freedom Run Entry Fees
total $37,974 · related or exempt $37,974
-
2b · Program service revenue: Car Cruise N Show Entr
total $6,742 · related or exempt $6,742
-
2c · Program service revenue: Parade Entry Fee
total $5,500 · related or exempt $5,500
-
2d · Program service revenue: Veterans Run Entry Fee
total $12,360 · related or exempt $12,360
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $27,373 · program services $27,373
-
11g · Fees: other
total $41,837 · program services $41,837
-
13 · Office expenses
total $58,606 · program services $27,329 · management and general $12,203
-
14 · Information technology
total $3,308 · program services $3,308
-
16 · Occupancy
total $10,901 · program services $10,901
-
19 · Conferences, conventions and meetings
total $640 · program services $640
-
23 · Insurance
total $16,730 · program services $16,730
-
24a · Other expenses: Fireworks
total $42,381 · program services $42,381
-
24b · Other expenses: Family Music Fest
total $38,335 · program services $38,335
-
24c · Other expenses: Parade
total $27,141 · program services $27,141
-
24d · Other expenses: Freedom Run
total $21,029 · program services $21,029
-
24e · All other expenses
total $33,416 · program services $33,416
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $122,220 · end of year $124,933
-
4 · Accounts receivable
beginning of year $1,875 · end of year $2,600
-
9 · Prepaid expenses and deferred charges
beginning of year $2,580 · end of year $2,580
-
17 · Accounts payable and accrued expenses
end of year $1,865
-
27 · Net assets without donor restrictions
beginning of year $125,925 · end of year $127,298
-
28 · Net assets with donor restrictions
beginning of year $750 · end of year $950
-
31 · Retained earnings, endowment or other funds
beginning of year $125,925 · end of year $127,298
Mission and programs · 2024
Mission
To provide for multi day Independence Day Celebration Events in the City of Morgan Hill including the 4th of July Parade, Fireworks show, Car & Cruise Show, Patriotic Sing, Family Music Fest, 5K Run
Activities or mission (Part I)
Provide 4th of July celebrations for the community
-
Fireworks on the Green
Expenses $79,395 · Revenue $33,903
-
Family Music Fest
Expenses $40,139 · Revenue $26,632
-
Parade
Expenses $38,190 · Revenue $7,133
-
Veterans Day Run
Expenses $38,845 · Revenue $40,388
-
Freedom Run
Expenses $21,328 · Revenue $37,974
-
Car Cruise N Show
Expenses $11,107 · Revenue $7,274
-
Patriotic Sing
Expenses $11,088 · Revenue $1,724
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matthew SteinMATTHEW STEIN
President
- Total calculated
- $0
- Hours/week
- 10
-
Elisa AndrewsELISA ANDREWS
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Jennifer EvansJENNIFER EVANS
Secretary
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202522189349301957
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