Nonprofit · EIN 42-1256854
STURGIS FALLS CELEBRATION INC
Tax-exempt (reinstated) · CEDAR FALLS, IA 50613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2023 | 990 | $193,005 | $204,715 | -$11,710 | $91,765 | $123,159 | -$31,394 |
Financial details: 990 for the year ended September 30, 2023
Revenue
- Contributions, gifts and grants
- $972
- Program service revenue
- $85,170
- Investment income
- $0
- Net income from sales of inventory
- $106,863
- Other revenue
- $106,863
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $14,236
- Salaries, compensation and benefits (total)
- $15,325
- Professional fundraising fees
- $0
- Accounting fees
- $3,720
- Depreciation
- $12,111
- Program services (functional)
- $200,704
- Management and general (functional)
- $4,011
Balance sheet and other
- Total assets, start of year
- $94,245
- Total assets, end of year
- $91,765
- Total liabilities, end of year
- $123,159
- Net assets, end of year
- -$31,394
- Land, buildings and equipment
- $81,853
- Gross receipts
- $276,875
- Employees
- 19
- Volunteers
- 200
- Year formed
- 1985
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY STODDARD | PRESIDENT Trustee or director, Officer | 1 | $0 |
| STEVE CUNNINGHAM | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DEBBIE STODDARD | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| ROB SWIATLEY | DIRECTOR Trustee or director | 1 | $0 |
| MATT MORGAN | DIRECTOR Trustee or director | 1 | $0 |
| BOB WESTERMAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL DREY | DIRECTOR Trustee or director | 1 | $0 |
| DON THOMPSON | DIRECTOR Trustee or director | 1 | $0 |
| BREANN PHILLIPS | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 771, CEDAR FALLS, IA 50613-0030
- Principal officer (990 for 2022)
- JAY STODDARD, 228 MARYHILL DR, CEDAR FALLS, IA 50613
- Signed the 990
- JAY STODDARD, PRESIDENT
- Phone
- (319) 237-0996
- Website
- STURGISFALLS.ORG
- Return prepared by
- QUALITY ACCOUNTING SERVICES
Mission
PLAN, COORDINATE, AND PRESENT ANNUAL CITY FESTIVAL
Program accomplishments
- PLANNING, COORDINATING AND PRESENTING ANNUAL FESTIVAL CELEBRATION FOR COMMUNITY OF CEDAR FALLS, IA. GRANTS FROM PROFITS ARE MADE TO COMMUNITY ORGANIZATIONS.Expenses $200,704 · revenue $192,033
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | Not on file |
| 2023 | September 30, 2024 | February 18, 2025 | Not on file |
IRS record
- EIN
- 42-1256854
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $91,765
- Income (IRS master file)
- $276,875
Revocation and reinstatement
- Exemption revoked
- February 15, 2013
- Posted by the IRS
- May 13, 2013
- Reinstated
- Effective February 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2023 | $193,005 | $204,715 | $91,765 | XML |
| 990 | September 2022 | $241,792 | $262,397 | $94,245 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1256854).
Questions about STURGIS FALLS CELEBRATION INC
- What is the EIN of STURGIS FALLS CELEBRATION INC?
- The employer identification number (EIN) of STURGIS FALLS CELEBRATION INC is 42-1256854.
- Is STURGIS FALLS CELEBRATION INC tax-exempt?
- Yes. The IRS revoked its exemption on February 15, 2013 and reinstated it effective February 15, 2013.
- Are donations to STURGIS FALLS CELEBRATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STURGIS FALLS CELEBRATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STURGIS FALLS CELEBRATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STURGIS FALLS CELEBRATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2023.
- Who is the principal officer of STURGIS FALLS CELEBRATION INC?
- The 990 for the year ended September 30, 2023 names JAY STODDARD.
- Who are the officers and directors of STURGIS FALLS CELEBRATION INC?
- The 990 for the year ended September 30, 2023 lists 9 people; 0 received compensation from the organization.
- How much revenue does STURGIS FALLS CELEBRATION INC have?
- On its 990 for the year ended September 30, 2023 it reported revenue of $193,005, expenses of $204,715 and total assets of $91,765 at year end.
Other nonprofits in CEDAR FALLS
- LEADER VALLEY FOUNDATION EIN 45-3120883 · last filed 990 for 2025
- COMMUNITY MAIN STREET INC EIN 42-1303027 · last filed 990 for 2025
- NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS CALIFORNIA EIN 94-1120047 · last filed 990 for 2025
- NAIFA-NEW YORK INC EIN 85-3681005 · last filed 990 for 2025
- CEDAR FALLS ECONOMIC DEVELOPMENT CORPORATION EIN 87-1319434 · last filed 990-EZ for 2024
- NAIFA ARKANSAS EIN 71-6052266 · last filed 990-EZ for 2025
- CEDAR VALLEY HAITIAN FUND EIN 84-1832553 · last filed 990-PF for 2025
- SCATTERED SEEDS EIN 87-3164253 · last filed 990-N for 2025
All nonprofits in CEDAR FALLS · Iowa · Community improvement and capacity building