GO CR EVENTS INC

EIN: 813730040 501(c)(3)

MARION, IA

Total Revenue
$4,050,195
Total Expenses
$4,045,197
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IA
Principal Officer
JOHN MYERS
Phone
3193630101
Tax Period
2018-07-01 to 2019-06-30

GO CR EVENTS INC, founded in 2016, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2018. Revenue surged 7712% from the prior year, signaling strong growth momentum.

Mission

GO CR EVENTS, INC. IS SPECIFICALLY ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF AND TO SUPPORT AND CARRY OUT THE CHARITABLE PURPOSES OF GO CEDAR RAPIDS, A 501(C)(6) IOWA NONPROFIT CORPORATION.

Program Service Accomplishments

Program 1
Expenses: $4,036,229 Revenue: $1,474,435

GO CR EVENTS EXISTS TO PRODUCE EVENTS FOR THE CEDAR RAPIDS AREA. THE SOLE EVENT PRODUCED IN FISCAL YEAR 2019 WAS THE NEWBO EVOLVE FESTIVAL. THE ORGANIZATION CEASED OPERATIONS IN FISCAL YEAR 2019.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $2,664,034
Program Service Revenue $1,268,399
Investment Income $0
Other Revenue $117,762
TOTAL REVENUE $4,050,195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,525
Fundraising Expenses $0
Program Expenses $4,036,229
Other Expenses $4,037,672
TOTAL EXPENSES $4,045,197

Year-over-Year Comparison

2018 2017 Change
Revenue $4,050,195 $51,844 +77.1%
Expenses $4,045,197 $56,842 +70.2%
Net Income $4,998 $-4,998 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
250

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$62,034
Total Directors
6
$62,034
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MYERS PRESIDENT 1.00
Officer Director
$0 $0 $0
DAN CALLAHAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SETH WEAR SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $0
AARON MCCREIGHT PRESIDENT:LEFT AUG 2018 1.00
Officer Director
$0 $3,214 $62,034
JENNIFER PICKAR VICE PRESIDENT:LEFT AUG 2018 1.00
Officer Director
$0 $0 $0
HEATHER DEETER SECRETARY & TREASURER:LEFT AUG 2018 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $4,050,195 $4,045,197 No data $4,998
2018 $51,844 $56,842 $2,538,363 $-4,998
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