Red White And Boom Inc is located in Bexley, OH. The organization was established in 1991. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red White And Boom Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Red White And Boom Inc generated $202.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $154.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (27.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH, MAINTAIN AND CONDUCT RECREATIONAL, EDUCATIONAL AND CHARITABLE ACTIVITIES, INCLUDING THE OPERATION OF AN ANNUAL JULY 4TH CELEBRATION IN COLUMBUS OHIO. PROVIDE FREE FAMILY ENTERTAINMENT INCLUDING MUSICIANS, STAGES, LIGHTING , PARADE, FIREWORKS AND CONCESSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVERTISING AND PUBLIC RELATIONS RELATED TO THE EVENT.
COST OF PROVIDING SECURITY AND POLICE/FIRE SERVICES FOR THE SAFETY OF THE PUBLIC ATTENDING THE EVENT.
ALL EVENT DAY ACTIVITY, INCLUDING CONCESSIONS, AND THE EXECUTION OF THE FIREWORKS DISPLAY FOR THE PUBLIC TO ENJOY.
PROVIDE FREE FAMILY ENTERTAINMENT TO CENTRAL OH IN CELEBRATION OF JULY 4TH. INCLUDES: MUSICIANS, STAGES, LIGHTING , AN HOUR-LONG PARADE, FIREWORKS AND CONCESSIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Crowe Co-Exec. Dir | OfficerTrustee | 20 | $0 |
Ken Freedman President | OfficerTrustee | 2 | $0 |
Rick Kaplan Treasurer | OfficerTrustee | 2 | $0 |
Rob Oboyle Vice-Preside | OfficerTrustee | 2 | $0 |
Cassie Phillips Member | OfficerTrustee | 2 | $0 |
Shawn Verhoff Co-Exec. Dir | OfficerTrustee | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $202,040 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $202,040 |
Total Program Service Revenue | $0 |
Investment income | $3 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $202,043 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $143,853 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,587 |
Office expenses | $235 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $111 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,011 |
All other expenses | $0 |
Total functional expenses | $154,721 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,881 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,200 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,523 |
Total assets | $26,604 |
Accounts payable and accrued expenses | $5,315 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $152,900 |
Total liabilities | $158,215 |
Net assets without donor restrictions | -$131,611 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $26,604 |
Over the last fiscal year, we have identified 1 grants that Red White And Boom Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Greater Columbus Arts Council Inc Columbus, OH PURPOSE: GRANTS TO PROMOTE ART AND CULTURE IN COLUMBUS | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |