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Fathoms 2025
ORCHARD 2025 Lodging Tax Application Instructions 2025 Application and all related materials must be submitted electronically to the City Clerk's office at cityclerk@portorchardwa.gov no later than Thursday, October 24, 2024, by 2:OOpm. 1. Required Application Format: a) The application must include the cover sheet and applicant acknowledgement; and be signed by the individual who has the authority to sign documents such as contracts b) The questions must be completed in order c) The application must not exceed 3 pages, not including attachments 2. Application Requirements: a) Marketing Plan i. Explain your Marketing Plan to promote tourism in Port Orchard. Specify your audience. ii. Discuss how your marketing plan generates "heads in beds" (overnight stays) in Port Orchard and/or draws visitors from 50+ miles away. iii. What percent of your budget is marketing? What percentage of your request is marketing? Provide a summary of the types of marketing and include the total amount spent for each type that your organization uses. b) Financial Status i. Has your organization applied for funding through other sources? Will your organization be pursuing other funding in the future? And if no, why? ii. If your organization collaborates with other organizations on tourism, how is this accomplished? What do you collaborate about? And is this done without duplicating another organizations efforts? iii. If your organization does sole marketing, are you currently considering opportunities for collaboration? iv.What is your organization doing to become financially sustainable? v. If you received part of your requested funding, would your program or event be possible? c) Reporting Requirements (Please respond with estimates for 2025): i. How many visitors will your program or event bring to Port Orchard? ii. How many visitors will travel to Port Orchard and stay overnight? iii. How many visitors will travel 50 miles+ for the day or stay overnight? If from outside WA, indicate how many and from what States and/or Countries when possible. iv. What revenue is expected to be generated by your program or event? v. Please explain your methodology for collecting and/or estimating tourist data. 3. Required Attachments: a) LTAC Budget: • note your top 3 funding priorities • designate line items for tourism -related expenses • document all sources of revenue that support your tourism activities or events (example: municipalities, grants, fundraising, ticket sales, etc) b) Up to 5 examples of Marketing c) 2024 Year -To -Date Income Statement (Revenue & Expense) d) 2024 Year -To -Date Balance Sheet (Assets & Liabilities) e) 2023 Income Statement (Revenue & Expense) f) 2023 Balance Sheet (Assets & Liabilities) g) Current Tax Return or Financial Statement from an independent source ** Please note: Attachments are not included in the 3 page limit for application** Applicants are welcome to request an appointment for assistance or send questions directly to City Clerk at cityclerk@portorchardwa.gov or by calling Brandy Wallace at 360 876-7030, Monday through Friday 8AM to 4PM. ORCHARD 2025 Lodging Tax Application Coversheet Organization Name: Month/Timeframe of Event or Operations Event/Activity (check/complete all that apply) ❑ Tourism Promotion ❑ Operations (Event/Festival Title) ❑ Operations (Facility, Staffing, Other) Amount of Request $ Presenter & Title Phone Email ORCHARD 2025 Lodging Tax Application Applicant Acknowledgement Applicants accept the following conditions: Application Deadline — October 24, 2024, by 2PM Applications will be accepted by a -mail at cityclerkgportorchardwa.gov • Late applications will not be accepted • Responses to be limited to 3 pages, plus required attachments • Successful, eligible applicants may be contacted to schedule an interview with the Lodging Tax Advisory Committee — Please note date scheduled is Wednesday, October 30, 2024. If funded, the individual who has the authority to sign contracts and provide documents to the City of Port Orchard is requested to sign below, and to also acknowledge your responsibility to notify (enter who to notify and how) of any changes to your organization's contact information. Point of Contact Title Signature - Phone Email ORCHARD 2025 Lodging Tax Application Checklist Submittal Checklist Application Transmittal ❑ Checklist ❑ Applicant Acknowledgement Submitted by Thursday, October 24, 2024 by 2PM Responses*: ❑Marketing Plan ❑Financial Status ❑Reporting Requirements *Does not exceed 3 pages Attachments: ❑ Total LTAC Budget ❑ Up to 5 Examples of Marketing ❑ 2024 Year -To -Date Income Statement ❑ 2024 Year -To -Date Balance Sheet ❑ 2023 Income Statement ❑ 2023 Balance Sheet ❑ Most Recent Tax Return or Financial Statement from an independent source Marketing Plan 1. Explain your Marketing Plan to promote tourism in Port Orchard. Specify your audience. Currently, we are utilizing marketing advertisements through Sound Publishing, both digitally and print; however, we will prioritize utilizing additional digital marketing methods, including sponsored/"boosted" social media advertisements, and a new mailing list newsletter the community can elect to receive from our brand new website. We also have print media handouts, such as poster, full, and half page flyers/posters. We distribute these print materials to local businesses as well as to the community during our events. We also intend to utilize some paid reader boards and billboards locally, in addition to the free reader boards we currently utilize. We will continue using print and digital advertising through the Port of Bremerton targeting boaters. Finally, we are working with other community festivals to set up a reciprocal advertising campaign where each city shares digital advertising media for each of the festivals they are traveling to in return for those festivals reciprocating. Our award winning festival float will continue traveling to various festivals and events throughout the state, advertising our city. Our festival royalty act as ambassadors of Port Orchard, also traveling to these events and more. 2. Discuss how your marketing plan generates "heads in beds" (overnight stays) in Port Orchard and/or draws visitors from 50+ miles away. While our current marketing plan has worked well for many years, we have undergone major administrative changes and are looking forward to building off of the feedback we have been receiving from the City of Port Orchard, the Chamber of Commerce, and other major community partners on how we can modernize and tap into additional marketing venues. We are excited to expand to our advertising methods to target younger generations and families. As our county sits between three major military installations, we have a large transient population that may not be aware of our long standing festival. By utilizing reciprocal advertising, "boosted" digital advertising for all the Western WA regions, and utilizing billboards and reader boards near highly populated areas and high travelled routes, we aim to expand our reach even more. Updating our float and touring it around the state will also bring in visitors for other areas. Our Grand Parade also brings in visitors for all over the state and surrounding areas. 3. What percent of your budget is marketing? What percentage of your request is marketing? Provide a summary of the types of marketing and include the total amount spent for each type that your organization uses. Approximately 21% of our overall budget is marketing. Approximately 39% of our request is marketing. Our marketing summary: digital and print media (posters/flyers, social media boosted posts/ads, reader boards & billboards, Sound Publishing) $12000; traveling float $9000. Financial Status 1. Has your organization applied for funding through other sources? Will your organization be pursuing other funding in the future? And if no, why? We have applied for funding from the Port of Bremerton. We have also applied for funding from Kitsap County, but we were denied. We have secured or are working towards securing our funding from our current annual sponsors. We are awaiting final decision from the IRS on gaining 501(c)(3) status, which will allow us to reach out for sponsorships from larger businesses that choose not to sponsor 501(c)(4) organizations. 2. If your organization collaborates with other organizations on tourism, how is this accomplished? What do you collaborate about? And is this done without duplicating another organizations efforts? We seek to collaborate with the Chamber of Commerce and POBSA to help promote our events in their newsletters. We are also working on a reciprocal advertising collaboration with other festivals we travel to. 3. If your organization does sole marketing, are you currently considering opportunities for collaboration? We are working on a reciprocal advertising collaboration with other festivals we travel to. 4. What is your organization doing to become financially sustainable? We have applied to transition to a 501(c)(3) organization so that we may obtain sponsorships from larger corporations and businesses that have turned us down in the past. We are also planning a new sponsorship and donation campaign throughout our area to approach corporations and businesses that have expressed interest in supporting Fathoms O' Fun events but have yet to be asked. Attached are the requested financial forms. In early 2024 we had a major change to our board that included key role retirements. The hand off of historical documents was not complete, so we have provided the documents to the best of our ability at this time. We do not have a 2023 balance sheet, but we do have a 2023 profit and loss. The only thing it does not account for is the only property the organization owns, which id the float truck and trailer valued at 12,000 (see 2024 balance sheet). At this time we are currently completely paid on all liabilities outside of basic monthly operating costs. As with 2023, we do not hold any assets outside of cash and the aforementioned vehicle. 5. If you received part of your requested funding, would your program or event be possible? We will scale our events to whatever size we can successfully put on based on the amount of funding we can secure. Reporting Requirements (Please respond with estimates for 2025): 1. How many visitors will your program or event bring to Port Orchard? In 2023 we were able to hold our Annual Grand Parade and 2-day Summer Festival, the Fireworks Show over Sinclair Inlet, Concerts on the Bay from June 2 thru Sept 7. We can only estimate that over 6,000 watched the fireworks show between Port Orchard and Bremerton and approximately 2500+ watched the downtown parade. Without our events being a "paid to enter" event, we can only estimate attendance. 2. How many visitors will travel to Port Orchard and stay overnight? 221 paid lodging nights. Paid accommodation attendees was counted as one person per hotel room, as there is no way for us to know how many people stayed in each room. How many visitors will travel 50 miles+ for the day or stay overnight? If from outside WA, indicate how many and from what States and/or Countries when possible. 370. Supporting zip code collection documents attached. This number is only from Concerts by the Bay and heads -in -beds estimates. 4. What revenue is expected to be generated by your program or event? The revenue we generate is in the form of sponsorships, vender booth fees, and donations. We do not charge admission to our events, outside of our royalty scholarship program (i.e. pageant tickets). Please explain your methodology for collecting and/or estimating tourist data. We collect zip codes from spectators at our Concerts by the Bay concert series and collect heads -in -beds data from the hotel inside city limits. Supporting zip code collection documents attached. FATHOMS O' FUN FESTIVAL, INC. 2025 PROJECTED BUDGET INCOME: Vendor Show Fees (3 events) *Summer Festival $ 1,500.00 *Fireworks Show $ 1,500.00 *Hot Rods Car Show $ 700.00 *Holiday by the Bay $ 4,000.00 Seagull Splat Run $ 500.00 Miscellaneous Income $ 1,200.00 Sub Total $ 9,400.00 Sponsorships Kitsap Credit Union $ 3,500.00 Country Financial $ - WAVE $ 13,000.00 Denette Chu/Edward Jones $ 600.00 Carters Chocolate $ 500.00 Peninsula Credit Union $ 500.00 Kitsap Bank $ 2,000.00 Kiwanis Club $ 100.00 Port Orchard Rotary $ 300.00 Trina Knoche/Farmers Ins. $ 100.00 South Kitsap Rotary $ 250.00 Misc EEH Donations $ 200.00 Sub Total $ 21,050.00 Port Of Bremerton $ 8,000.00 Port Of Bremerton $ 6,000.00 $ 14,000.00 City of Port Orchard 2025 LTAC Request Tourism & Event Marketing $12,000 Operating Exp $2,000 Rebuilding of travelling float for 2023 $4,000 Float travel for 2025 $5,000 Concerts by the Bay $6,000 Fireworks over Sinclair Inlet (Barge/Security) $17,000 Traffic Control $7,000 Sub Total $53,000 Total Projected Revenue $ 97,450.00 EXPENSES: Tourism & Event Marketing Float Travel (Crew of 4) Integrity Traffic Control (parade) Grand Parade July 4th Fireworks Show Easter Egg Hunt and Splat Run Concerts by the Bay Sani-Can Order -All Events Insurance -Auto & Liability Operations/General Expenses Memberships Sound & Glacier Storage Parade Sponsor -projected 2-Day Summer Festival Vendor Show -projected Fireworks -projected Concerts -projected Big Ball Race Concerts -projected Concerts -projected Easter Egg Hunt -projected Easter Egg Hunt -projected Easter Egg Hunt -projected Easter Egg Hunt -projected Easter Egg Hunt -projected Fireworks -projected Concerts -projected $ 12,000.00 $ 5,000.00 $ 7,000.00 $ 5,500.00 $ 38,000.00 $ 4,000.00 $ 14,900.00 $ 4,215.00 $ 7,000.00 $ 2,800.00 $ 100,415.00 $ 650.00 $ 1,488.00 Total Expenses $ 102,553.00 over/short $ (5,103.00) Note: This budget does not incoude our Royalty Scholarship Program 2024 Fathoms 0' Fun Festival Events °ice www.fathomsofun.org Fathoms 0' Fun Festival Royalty Scholarship Pageant Harper Evangelical Free Church Saturday March 23nd, 4:00 pm Community Easter Egg Hunt in the Park South Kitsap Regional Park Sign-ups start at 10:30 am - Hunt starts 12:00 pm Saturday March 30th Fathoms 0' Fun Festival Royalty Float Tour Throughout Washington State April through September Concerts By the Bay Free Weekly Live Music! Port of Bremerton Marina Park in Port Orchard at the Gazebo June through Aug, every Thursday at 6:30 - 8:00 pm Hot Foot 5K Trail/Walk Run South Kitsap Fire Rescue (SKFR) Volunteer Association - South Kitsap Regional Park Saturday June 22nd, 9:00 am Fathoms 0' Fun Presents 2-Day Summer Festival Craft/Vendor Show Music, Crafts, Food, Children's Fun & more! at Port Orchard Waterfront June 29th - 30th Astound® Broadband Powered by wane ORCHARD 1 0 P r G F a9NIM 4goKITSAP Great Ball Race Balls will be released on Sidney Ave near Kitsap St_ towards Bay Street Before the Grand Parade Saturday June 29th, 5:15 pm Kitsap Credit Union Presents Fathoms 0' Fun Grand Parade Bay Street - Port Orchard Saturday June 29th, 5:00 pm Astound Broadband Grand Fire Works Show over the Sinclair Inlet Food & Craft Vendors Starting at 9:00 Live Bands Starting at 4:00 all on the Waterfront - View from Port Orchard & Bremerton July 6th, 10:00 pm Fathoms 0' Fun Hotrods at the High School South Kitsap High School Sunday July 21 st, 9:00 am - 3:00 pm Port Orchard Seagull Splat 5K Run/Walk South Kitsap Regional Park Saturday August 10th Registration 7:30 am - Run Start Time 9:00 am Queen Tea Party Saturday August 24, 2:00 - 4:00pm Breakfast with Santa December, 8:00 am -12:00 pm Kitsap k Bank �.%0Ns Kristen Weschler ` f RHAiION�� a Fathoms 0' Fun Festival hosts and participates in non-profit activities ali year! For more Information go to www.Fathomsofun.org Like us on Facebook — Fathoms O' Fun Festival OOKITSAP .pj?0uDLv JPOIYIOR CREDI M �Df SNOWIt ! PARTEn,ri° CLEF` W0,10RILL TEAMPR 0; F' j 4111111, JOTUPD4Y, JUNE 29" - 6:Of �owniown poRi ORc�aRD www.fathomsofun.org for more information or a vendor application 5PON50REP SY KITSAP CREDIT UNION Astound® Broadband Powered by wave AUTO I HOME LIFE I BLISWESS I RETIREMENT Kristen Weschler r� PORT OF ORCHARD fgrHoms'O•ffun AL IT/UAL FRESEIYTS U1Y 6T� j,Q1w TIME: 0:00P"' Come Enjoy: Live bands, Food Vendors, Fireworks & more! Visit www.fathomsofun.org for a vendor application Accepting Donations Visit our Website: www.fathomsofun.org GLOW STICKS AVAILABLE FOR PURCHASE PROCEEDS SUPPORT THE FIREWORKS SHOW Sponsored by 1 Astound, Broadband Powered by WaVe at the lert of Gazelen ORCHARD_ �qICjinalIj 13a it A� o...e. Chun blh OI _..... ._ - ...,:PnI ILI lummuls of e Campeau Visit Bar ..wn W eom ore 20M Pod Orchand YOU a Concerts by the B!y 5 MORAL WPMAge � �� cumempeac. BY , Fraud is, Annual a Help , pay ffireall MR YOU di A PO MR 31 p,IAM,Tpl al Hathownsclu" Card Itnoms v Fun FNOW RE Re" Astound Powered by WAVE Fireworks Show over Sinclair Inlet • Kitsap Credit Union Grand Parade • 2-Day Summer Craft & Vendor Show Concerts by the Bay • Fathoms O' Fun Festival Scholarship Royalty Program • Seagull Splat 5K Run/Walk Children's Community Easter Egg Hunt • Hot Rods at the High School • Breakfast with Santa & much more! ���t.® PORT OF Astound! ORCHARD�� Broadband cowered by wane _ GJrohui�ih� J°Ns VK KITSAP C RED IE-UN ION 1\ltsap�Bank 111\ • pKristen Wescbler Fathoms O'Fun Festival, Inc. Profit and Loss January 1 - October 23, 2024 TOTAL Income Sales of Product Income 365.00 Services 3,156.27 Unapplied Cash Payment Income 52,620.87 Total Income $56,142.14 GROSS PROFIT $56,142.14 Expenses Advertising & Marketing 159.00 Bank Charges & Fees 278.27 Car & Truck 779.72 Contractors 40,615.88 Insurance 3,395.41 Job Supplies 127.07 Legal & Professional Services 975.00 Meals & Entertainment 264.77 Office Supplies & Software 952.65 Purchases 2,120.06 Rent & Lease 1,071.67 Travel 269.10 Total Expenses $51,008.60 NET OPERATING INCOME $5,133.54 NET INCOME $5,133.54 ash Basis Wednesday, October 23, 2024 07:49 PM GMT-07:00 1/1 FATHOMS O' FUN FESTIVAL BALANCESHEET 10/01 /2024 ASSETS CURRENT ASSETS Cash: Accounts Receivable: Inventory: Prepaid Expenses: Notes Receivable: Other Current Assets: TOTAL CURRENT ASSETS: FIXED ASSETS Long -Term Investments: Land: Building: Accumulated Building Depreciation: Machinery and Equipment: Accumulated Machinery and Equipment Depreciation: Furniture and Fixtures: Accumulated Furniture and Fixtures Depreciation: Other Fixed Assets: NET FIXED ASSETS: OTHER ASSETS Goodwill: TOTAL ASSETS: LIABILITIES & EQUITY CURRENT LIABILITIES $25,710.44 $51,715.00 $0.00 $0.00 $0.00 $0.00 $77,425.44 $0.00 $0.00 $0.00 ($0.00) $12,000.00 ($0.00) $0.00 ($0.00) $0.00 $12,000.00 $0.00 $891425.44 Accounts Payable (A/P): $0.00 Accrued Wages: $0.00 Accrued Payroll Taxes: $0.00 Accrued Employee $0.00 Benefits: Interest Payable: $0.00 Short -Term Notes: $0.00 Current Portion of Long- $0.00 Term Debt: TOTAL CURRENT $0.00 LIABILITIES: LONG-TERM LIABILITY Mortgage: $0.00 Other Long -Term $0.00 Liabilities: TOTAL LONG-TERM $0.00 LIABILITIES: OWNER'S EQUITY Paid -In Capital: $0.00 Net Income: $89,425.44 TOTAL EQUITY: $895425.44 TOTAL LIABILITIES & $89,425.44 EQUITY: Please make sure that Total Assets equal Total Liabilities and Equity in your balance sheet. If the difference the two sides of the balance sheet is greater than 0, please review the values entered. TOTAL ASSETS: TOTAL LIABILITIES & EQUITY: $89,425.44 $89,425.44 $0.00 2024 FATHOMS O' FUN FESTIVAL EXPENDITURE CASH FLOW PROJECTION BY MONTH Projected Budget $ 96,833.00 JANUARY $ 680.00 FEBRUARY $ 4,480.00 MARCH $ 2,096.00 APRIL $ 3,365.00 MAY $ 14,648.00 JUNE $ 6,052.00 JULY $ 38,135.00 AUGUST 2022 $ 8,475.00 SEPTEMEBER $ 2,590.00 OCTOBER 2022 $ 1,770.00 NOVEMBER 2022 $ 906.00 DECEMBER 2022 $ 681.00 r . , ' Difference $ 12,955.00 Spent Spent Spent Spent Main Acct Concerts Fireworks Float January 2023 $ 676.73 $ - $ 3.00 $ February 2023 $ 4,370.45 $ - $ 3.00 $ March 2023 $ 1,877.99 $ - $ 3.00 $ Apri12023 $ 3,034.26 $ - $ 3.00 $ May 2023 $ 1,450.16 $ - $ 12,503.00 $ June 2023 $ 2,904.67 $ 2,200.00 $ 9.00 $ July 2022 $ 11,197.55 $ 4,700.00 $ 21,941.00 $ August 2022 $ 3,101.50 $ 5,200.00 $ 3.00 $ Sept 2022 $ 1,829.87 $ 500.00 $ 3.00 $ October 2022 $ 1,766.58 $ - $ 3.00 - November 2022 $ 892.52 $ - $ 3.00 $ December 2022 $ 678.37 $ - $ 3.00 $ Totals - $ 679.73 105.79 $ 4,479.24 215.19 $ 2,096.18 327.45 $ 3,364.71 694.98 $ 14,648.14 938.31 $ 6,051.98 296.13 $ 38,134.68 169.98 $ 8,474.48 256.18 $ 2,589.05 $ 1,769.58 10.91 $ 906.43 - $ 681.37 $ 33,780.65 $ 12,600.00 $ 34,480.00 $ 3,014.92 $ 83,875.57 Note: Difference in projected budget numbers is mainly increase costs in the Fireworks Show, increase in concerts, increase in Traffic Control, and lesser costs in general in 2022 actuals. 8:03 AM 10/23/24 Accrual Basis Fathoms O' Fun Festival, Inc. Profit & Loss January through December 2023 Ordinary Income/Expense Income Donations EASTER EGG HUNT DONATIONS FOURTH OF JULY PARADE SANTA BREAKFAST SCHOLARSHIP Donations - Other Total Donations Fundraising BUTTON AND PIN SALES KRISPY KREME FUNDRAISER RAFFLE TICKETS HOT RODS RAFFLE TICKETS SANTA BREAKFAST RAFFLE TICKETS RAFFLE TICKETS - Other Total RAFFLE TICKETS ROYALTY RAFFLE BASKETS ROYALTY RAFFLE TICKETS SANTA BREAKFAST - PHOTOS SANTA BREAKFAST -TICKETS Fundraising - Other Total Fundraising GLOW STICKS SOLD LTAC Miscellaneous PAGEANT TICKET SALES Raffle Donations Refund REDEPOSITED FUNDS SANICANS STORE REFUND Total Refund Refund of Clothing Registration CAR REGISTRATION FOR HOT RODS PARADE Total Registration ROYALTY COMPETITION DEPOSIT ROYALTY SCHOLARSHIPS SCHOLARSHIPS Total ROYALTY SCHOLARSHIPS RUN SEAGULL SPLAT RUN Total RUN Sponsorships 1/2 PAGE BOARD OF DIRECTORS AWARD BUSINESS CARD COMMUNITY SERVICE AWARD COMMUNITY SPONSOR CONCERTS CONGENIALITY AWARD CONTRIBUTOR DONATION CRYSTAL SPONSOR DONOR DONATION Jan - Dec 23 1,196.00 75.00 2,075.00 2,071.94 406.90 60.00 5,884.84 487.50 2,162.88 180.00 683.00 no nn 0-5111100, 113.00 50.00 245.00 502.30 110.00 4,631.68 475.05 48,723.00 0.01 465.00 85.00 2,264.11 250.00 37.70 2,551.81 822.80 1,455.00 300.00 1,755.00 500.00 7,000.00 7,000.00 1,723.00 1,723.00 100.00 75.00 50.00 150.00 450.00 2,100.00 150.00 50.00 900.00 200.00 Page 1 8:03 AM Fathoms O' Fun Festival, Inc. 10/23/24 Profit & Loss Accrual Basis January through December 2023 Jan - Dec 23 ESSAY AWARD 500.00 FOURTH OF JULY SPONSORSHIP 13,000.00 FULL PAGE AD 450.00 GOOD LUCK AD - FULL PAGE 150.00 GOOD LUCK AD 1/4 PAGE 50.00 MODELING 100.00 PARADE SPONSOR 3,500.00 RECRUITMENT AWARD 150.00 SUPPORTER DONATION 950.00 TALENT 50.00 TOP SPONSOR AWARD 150.00 Total Sponsorships 23,275.00 Vendors CONCERTS BY THE BAY 360.00 EASTER EGG HUNT 50.00 FOURTH OF JULY VENDOR 3,388.38 HOT RODS AT THE HIGH SCHOOL 889.18 SUMMER FESTIVAL 4,163.05 Total Vendors 8,850.61 Total Income 106,742.80 Gross Profit 106.742.80 Expense 1/2 SPLIT FOR EVENT 1/2 SPLIT FOR SANTA BREAKFAST 1/2 SPLIT FOR EVENT - Other Total 1/2 SPLIT FOR EVENT Advertising Apparel - ROYALTY BANNERS/SASHES CLOTHING FOR CONTESTANTS CROWN CASES DRESSES FOR COURT EMBROIDERY ON GYM BAGS EMBROIDERY ON POLO'S AND HOODIE JEWELRY ROYALTY COSTUMES ROYALTY DAY WEAR SHOES /SANDLES TIARA Total Apparel - ROYALTY AWARD PLAQUES FOF PARADE HOT RODS AT THE HIGH SCHOOL 1,577.13 243.84 1,820.97 7.265.50 72.08 164.16 166.48 2,456.50 321.00 542.54 172.29 50.30 884.61 405.77 325.05 5,560.78 1,498.34 695.63 Total AWARD PLAQUES 2,193.97 Band -Musicians BAND - HOT RODS AT THE H.S. 500.00 CONCERTS BY THE BAY BAND 10,100.00 Total Band -Musicians 10,600.00 Bank Fee SUMMER FESTIVAL NSF RETURN 65.00 Bank Fee - Other 75.00 Total Bank Fee 140.00 BOOTH TO PROMOTE SCHOLARSHIPS 90.00 CASH BOX START FOR AN EVENT 100.00 Cash Withdrawal for Event(s) 1,000.00 Page 2 8:03 AM 10/23/24 Accrual Basis Fathoms O' Fun Festival, Inc. Profit & Loss January through December 2023 COUNTY PARKS EASTER EGG HUNT HOT FOOT 5K RACE Total COUNTY PARKS CUSTODIAL SERVICES BETHANY LUTHERAN CHURCH Total CUSTODIAL SERVICES EVENT FEES FIREWORKS VENDORS GRAND PARADE SUMMER FESTIVAL Total EVENT FEES Eventlnsurance Firework Display BARGE RENTAL BATTERIES BOAT PATROL FIREWORKS FIREWORKS SIGNS / STAKES SHEATH TAPE Total Firework Display Float Equipment / Rebuild DECORATIONS ELECTRICAL / LIGHTING FABRIC / FRINGE FOR FLOAT FIRE EXTINQUISHER HARDWARE PIPES, HOSE, TUBE AND FITTINGS SAFETY TOOLS TRUCK CANOPY VEHICLE / FLOAT BATTERIES Float Equipment / Rebuild - Other Total Float Equipment / Rebuild Float Flowers Fuel Late Fee Meals AFTER PAGEANT CONTESTANT ORIENTATION FIREWORKS CREW / BOAT PATROL FLOAT CREW MEALS MEAL - TIP MEAL AT A MEMBERSHIP MEETING MEAL TIP - MEMBERSHIP MEETING PARADE SERVICE CHARGE SNACKS/MEAL AT AN EVENT Meals - Other Total Meals MEETING EVENT REGISTRATION MEETING - Other Total MEETING MEETINGS - ZOOM Membership Dues Merchandise Jan - Dec 23 12.50 12.50 25.00 50.00 50.00 65.00 50.00 80.00 195.00 4,408.27 7,000.00 10.92 550.00 25,000.00 202.21 18.57 32,781.70 613.23 64.02 534.00 21.60 263.71 33.51 326.38 9.98 159.99 195.47 8.83 2,230.72 86.85 347.27 1.00 269.09 129.30 116.60 42.59 12.00 58.80 1.50 457.18 27.13 322.22 101.02 1.537.43 57.00 5.00 62.00 206.44 249.00 Page 3 8:03 AM 10/23/24 Accrual Basis Fathoms O' Fun Festival, Inc. Profit & Loss January through December 2023 GIFTS FOR ROYALTY COURT GLOW STICKS FOR 4TH OF JULY KRISPY KREME DONUTS Total Merchandise Misc NEWSPAPER SUBSCRIPTION NSF PAGEANT USE OF A FACILITY PAGEANT - Other Total PAGEANT PARADE Parade Fee PARADE SHUTTLE Parking & Tolls Permitting Fees SUMMER FESTIVAL Total Permitting Fees PHOTOS / VIDEOS Postage/Mailing Printing and Copying REIMBURSEMENT RENEWAL FEES Rental Fee DOWNTOWN TREE FOR DECORATING FACILITY RENTAL POSTAL BOX 312 SANICANS STORAGE UNIT Total Rental Fee ROYALTY PROFESSIONAL PHOTOS ROYALTY BUTTON PHOTOS Total ROYALTY PROFESSIONAL PHOTOS Scholarship SEAGULL SPLAT RUN Security SHIPPING Supplies BUTTONS AND PINS CANDY-HALLOWEEN TRUNK OR TREAT CAR MAGNETS EASTER EGG CANDY EASTER EGG HUNT FATHOMS BOARD CHRISTMAS PARTY FIREWORKS DISPLAY FIREWORKS SPONSOR PARTY FOF PARADE FOR AN EVENT GIFTS FATHOMS BOARD MEMBER GIFT(S) FATHOMS VOLUNTEERS GIFT(S) ROYALTY GIFT(S) Total GIFTS NAME BADGES OFFICE SUPPLIES PAGEANT FLOWERS Jan - Dec 23 52.46 262.00 700.00 1,014.46 0.01 77.35 87.00 500.00 30.00 530.00 100.00 410.00 437.90 14.70 60.00 100.00 11.64 541.41 316.95 130.00 55.00 262.74 216.00 3,260.00 1,488.00 5.281.74 72.14 72.14 11,075.00 300.00 257.00 111.21 316.00 215.88 166.14 587.08 415.36 59.21 14.18 40.67 305.23 30.56 171.27 36.00 on nn 277.17 87.00 608.11 275.00 Page 4 2022 EXEMPT ORG. RETURN PREPARED FOR: FATHOMS O FUN FESTIVAL INC PO BOX 312 PORT ORCHARD, WA 98366 DAWN M JAKE CPA PLLC 420 CLINE AVE PORT ORCHARD, WA 98366 (360)329-7090 DAWN M JAKE CPA PLLC 420 CLINE AVE PORT ORCHARD, WA 98366 (360) 329-7090 April I, 2024 FATHOMS O FUN FESTIVAL INC PO BOX 312 PORT ORCHARD, WA 98366 Dear Client: Your 2022 Federal Return of Organization Exempt from Income Tax will be electronically filed with the Internal Revenue Service upon receipt of a signed Form 8879-TE - IRS e-file Signature Authorization. No tax is payable with the filing of this return. Please be sure to call us if you have any questions. Sincerely, Dawn M Jake, 2022 Federal Exempt Organization Tax Summary (EZ) Page 1 FATHOMS 0 FUN FESTIVAL INC 91-1543208 FORM 990-EZ REVENUE Contributions, gifts, and grants. ... ...... .......... 6,359 Program service revenue. .......... . .... . ............. 79,358 Investment income ......... .......... ...... 7 Net income (loss) - special events ...... . .......... 3,681 Total revenue... ... ........... . ............. ...... 89,405 EXPENSES Grants and similar amounts paid ....... ...... ...................... ..... 3,725 Professional fees/pymt to contractors.... . ....... . 975 Occupancy/rent/utilities/maintenance. .... . . .... ..... . .... ................ 5,391 Printing, publications, and postage....... . ...... 11.1 .... - 441 Other expenses ............................ ......... . .. ... ........ I..'' ... 70,817 Total expenses ..... ....... ..................... . .... - .... . . ..... . .. ... 81,349 NET ASSETS OR FUND BALANCES Excess or (deficit) for the year ........... ... 8,056 Net assets/fund bal. at beg. of year. .... ....... ... . ....... ....... .. 41,525 Net assets/fund bal. at end of year ...... ........ .... . .... . .. .1 . .. ... 49,581 2022 General Information Page 1 FATHOMS O FUN FESTIVAL INC 91-1543208 Forms needed for this return Federal: 990-EZ, Sch G, Sch 0 Carryovers to 2023 None 2022 Preparer a -file Instructions - Federal Page 1 FATHOMS O FUN FESTIVAL INC 91-1543208 The organization's Federal tax return is NOT FINISHED until you complete the following instructions. Prior to transmission of the return Form 990-EZ The organization should review their Federal Return along with any accompanying schedules and statements. Paperless a -file The organization should read, sign and date the Form 8879-TE, IRS e-file Signature Authorization. Even Return No payment is required. After transmission of the return Receive acknowledgement of your a -file transmission status. Within several hours, access the program and get your first acknowledgement (ACK) that the program has received your transmission file. Access the program again after 24 and then 48 hours to receive your Federal ACKs. Keep a signed copy of Form 8879-TE, IRS a -file Signature Authorization in your files for 3 years. Do not mail: Form 8879-TE IRS e-file Signature Authorization 00 ) � � ) � ) \\ }4 # } p 06 ° 2 a § o § ) = m -R) _ � m A) \ ]) � )\ § - ) [2 k a Short Form OMB No. I 0047 990-EZ Return of Organization Exempt From Income Tax Form Under section 501(c), 527 or 4947 axt 2022 ) of the Internal Revenue Code (except privatea _oundations) Do not enter social security numbers on this form, as it may be made public. oepanmant of the Treasury Go to w990EZ wwJrs.gov1Formfor instructions and the latest information. OpentoPubic Internal Revenue Service Inspection A For the 2022 calendar year, or tax year beginning 10 /01 , 2022, and ending 9/30 r 2023 B Check If applicable: C D Employer identiacado t number ❑ Address change Name change FATHOMS 0 FUN FESTIVAL INC 91-1543208 Initial return PO BOX 312 E Telephone number wmalrelun/termirmm PORT ORCHARD, WA 98366 Amended return F Groug Exemption Application pending Number G Accounting Method: ❑X Cash ❑ Accrual Other (specify): H Check XQ if the organization is not I Website: FATHOMSOFUN.ORG required to attach Schedule B J Tax-exempt status (check only one) — ❑ 501(c)(3) ® 501(c) ( 4 ) (insert no.) 4947(aX1) or 527 (Form 990). K Form of organization: Corporation Trust Association Other: L Add lines 5b, 6c, and 7b to line 9 to determine gross receipts. If gross receipts are $200,000 or more, or if total assets (Part II, column (B)) are $500,000 or more, file Form 990 instead of Form 990-EZ...................... $ 106 238. Part I Revenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part 1) l� Check if the ornanization used Schedule O to resoond to anv ❑uestion in this Part I ........................................... IAI 1 Contributions, gifts, grants, and similar amounts received ............................................. 1 6 359. 2 79,358. 2 Program service revenue including government feesand contracts ........... . .......................... 3 3 Membership dues and assessments.... ........... ................................................ ... 4 7. 4 Investment income.............:.................................................................. 5a Gross amount from sale of assets other than inventory .................... I 5a b Less: cost or other basis and sales expenses . ............................ I 5b c Gain or (loss) from sale of assets other than inventory (subtract line 5b from line 5a) ................... .......... 5c 6 Gaming and fundraising events: 3 m a Gross income from gaming (attach Schedule G if greater than $15,000)..... b Gross income from fundraising events (not including $ from fundraising events reported on line 1) (attach Julefff���ifj . of such gross income and contributions exceeds ),I I 6a of contributions 61020,514. c Less: direct expenses from gaming and fundraisi g ev ts. 6e 16,833. d Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)............................................................................ 6d 3 681. 7a Gross sales of inventory, less returns and allowances ..................... 7a b Less: cost of goods sold ................................................ 7b c Gross profit or (loss) from sales of inventory (subtract line 7b from line 7a)............................. 7c 8 Other revenue (describe in Schedule O)....................................... ...................... 8 9 Total revenue. Add lines 1, 2, 3, 4, 5c, 5d, 7c, and 8.......:.......................................... 9 89,405. 10 Grants and similar amounts paid (list in Schedule 0)................................................. 10 3,725. 11 Benefits paid to or for members..................................................................... 11 tl1 12 Salaries, other compensation, and employee benefits ........ .................................:...... 12 13 Professional fees and other pap ments to independent contractors .... ....................... I ......... 13 975. 14 5,391. 14 Occupancy, rent, utilities, and maintenance.......................................................... 15 441. 15 Printing, publications, postage, and shipping.......................................................... 16 Other expenses (describe in Schedule 0) ............... I ........... , , . , ,See Schedule 0 16 70,817. 17 Total expenses. Add tines 10 through 16............................................................. 17 81,349. a m Z 18 Excess or (deficit) for the year (subtract line 17 from line 9).......................................... 19 Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with end -of -year figure reported on prior year's return) ................ ................................ 20 Other changes in net assets or fund balances (explain in Schedule 0)................................. 21 Net assets or fund balances at end of year. Combine lines 18 through 20............................. 18 8,056. - 19 41 525. 20 21 49,581. BAA For Paperwork Reduction Act Notice, see the separate instructions. Form 990-EZ (2022) TEEAUS12L 09/29/22 Form 990-F7 —1 PI art tl Balance Sheets (see the instructions for Part I I) Check if the organization used Schedule 0 to respond to anv question in this Part.Il........................................... ❑R 22 Cash, savings, and investments ........................ ........ .................. 23 Land and buildings ...................................... .......... ............... 24 Other assets (describe in Schedule_ 0)........... See..Sohedule 0 ........................ 25 Total assets ................ ........................ .. .......... .... ......... 26 Total liabilities (describe in Schedule 0).......................... ................. 27 Net assets or fund balances (line 27 of column (B) must agree with line 21) .......... (A) Beginning of year I (B) End of year 32,433. 221 42.217. 23 9 092. 24 7 364. 41,525. 25 4 9 581. 0. 26 0. 41,525. 27 49 581. 'Part Ilf = Statement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule 0 to respond to any question in this Part III ............. © Expenses (Required for section 501 (c)(3) and 501(c)(4) organizations; optional for others.) What is the organization's primary exempt purpose? See Schedule 0 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title. 26 SCHOLARSHIP PAGEANT,_ PARADE,_ FIREWORKS, SUMMER _CONCERTS, _ CRAFT _& VENDOR_----ST_REEET_ FAI_R,_C_HILDREN'S EVENTS__________________ ---- -------------------------------------------- (Grants ,� ) If this amount includes. foreign grants, check here .................. 28a 60,925. 29 --------------------------------------------------- --------------------------------------------------- -------------------------------------------------- (Grants. $ ) If this amount includes foreign grants, check here..................F1 29a 30 ---------------------------------------------------- ---- — --urt i—n --------------------- (Grants ) If this amount includes foreign grants, check here .................. 30a 31 Other program services (describe in Schedule 0).....:.................................................. (Grants $ ) If this amount includes foreign grants, check here .................. ❑ 31a 32 Total program service expenses (add lines 28a through 31 a) ............................................. 32 1 60 925 . Part IV , List of Officers, Directors, Trustees, and Key Employees (list each one even if not compensated — see the instructions for Part Iv) Check if the organization used Schedule. 0 to respond to any question in this Part IV ........................................ ❑ (a) Name and title (b) Average hours per week devoted to position (c)Reportable compensation (Forms W 211091 1099-NEC) (if not paid, enter.0.) (d) Health benefits, contributions to employee benefit plans, and deferred compensation (a) Estimated amount of other compensation JON HOH_0_L _ _ President 0 0. 0. 0. HELENE JENSEN ----—------———— — — — — — — Vice President 0 0. 0. 0. KATIE HUDKINS Treasurer 0 0. 0. 0. SCOTT LUCKE --------------------- Secretary 0 0. 0. 0. ----------------------- ---------------------- ----------------------- ---------------------- --------------------- - ------------------------------------------ ----------------------- --------------------- BAA - TEEMB12L 09/28f22, Form 91 (2022) Form 990-EZ (2022) FATHOMS 0 FUN FESTIVAL INC 91-1543208 Page 3 Part V Other Information (Note the Schedule A and personal benefit contract statement requirements in ❑ the instructions for Part V.) Check if the organization used Schedule 0 to respond to any question in this Part V................ 33 Did the organization engage in any significant activity not previously reported to the IRS? Yes No 33 X If "Yes," provide a detailed description of each activity in Schedule 0.......... ... ......... ............. ....... 34 Were any significant changes made to the organizing or governing documents? If "Yes,' attach a conformed copy of the amended documents if they reflect a change to the organization's name. Otherwise, explain the change on Schedule 0. See instructions . ................ .......... ... 34 X 35a Did the organization have unrelated business gross income of $1 ,000 or more during the year from business activities (such as those reported on lines 2, Be, and 7a, among others)? .................. . . . ... . ......... . ... 1 . 1 . 1 .......... 35a X b If "Yes" to line 35a, has the organization filed a Form 990-T for the year? If "No," provide an explanation in Schedule 0 35b c Was the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization subject to section 6033(e) notice, reporting, and proxy tax requirements during the year? If "Yes," complete Schedule C, Part III _..................... 35c - X 36 Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? If "Yes," complete applicable parts of Schedule IN ........... _ .......... 36 X 37a Enter amount of political expenditures, direct or indirect, as described in the instructions.. I 37a 0. b Did the organization file Form 1120-POL for this year?, .................. _ . _.................................... 371a X 38a Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee; or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? ........... b If "Yes," complete Schedule L, Part II, and enter the total 38a X amount involved ................. .......... I ...... I ....................... ..... 381100. 39 Section 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on line 9 ............................... 39a 0 . b Gross receipts, included on line 9, for public use of club facilities ........................ 391al 0 . 40a Section 501(c)(3) organizations. Enter amount of tax imposed on the organization during the year under: N/A section 4911: 0 , ; section 4912: 0 , ; section 4955: 0. b Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in any section 4958 excess benefit transaction during the year. or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I ........... . .............. 40b X c Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Enter amount of tax imposed on organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 ....... 0. d Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Enter amount of tax on line 40c reimbursed by the organization.......................................................... ............... 0. e All organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? If "Yes," complete Form 8886-T............. .................. ............................. 40e X 41 List the states with which a copy of this return is filed: None 42a The organization's books are in care of: SHARRON KING _ _ Telephone no. (360) 871-1805 Located at: p0 BOX 617 h1AKEESTERWA ZIP 98353 --------------------------------------------- - - - --- b At any time during the calendar year, did the organization have an interest in or a signature or other authority over a Yes No financial account in a foreign country (such as a bank account, securities account, or other financial account)?... 42b X If "Yes," enter the name of the foreign country: See the instructions for exceptions and filing requirements for FmCEN Form 114, Report of Foreign Bank and Financial Accounts (FEAR). c At any time during the calendar year, did the organization maintain an office outside the United States? ............... 42c X If "Yes," enter the name of the foreign country: 43 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-EZ in lieu of Form 1041 — Check here ................... ❑ N/A and enter the amount of tax-exempt interest received or accrued during the tax year .... . .............. 143 N/A Yes I No 44a Did the organization maintain any donor advised funds during the year? If "Yes," Form 990 must be completed instead ofForm 990-EZ.................................................................................................. b Did the organization operate one or more hospital facilities during the year? If "Yes," Form 990 must be completed instead of Form 990-EZ.................................. ......................................................... c Did the organization receive any payments for indoor tanning services during the year?......... _ ..... .......... _ .. d If "Yes" to line 44c, has the organization filed a Form 720 to report these payments? If "No," provide an explanation in Schedule 0................. _ . _ ........ _ ..... ................... .. 45a Did the organization have a controlled entity within the meaning of section 512(b)(13)? ..................... .. . b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," Form 990 and Schedule R may need to be completed instead of Form 990-1 See instructions... ............... _ _ ............. . a9r28r22 Form 990-EZ (2022) FATHOMS 0 FUN —1543208 46 Did the organization engage, directly or indirectly, in candidatesfor public office? If "Yes," complete Sche ical campaign activities on behalf of or in opposition to C. Part ................................................... 46 Section 501(11 Organizations Only All section 501(c)(3) organizations must answer questions 47-49b and 52, and complete the tables for lines 50 and 51. )n used Schedule O to n in this Part VI .................. 47 Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," completeSchedule C, Part it.. ................................................................................... 48 Is the organization a school as described in section 170(b)(I)(A)(ii)? If "Yes," complete Schedule E ................... 49a Did the organization make any transfers to an exempt non -charitable related organization? ............................ b If "Yes," was the related organization a section 527 organization?.................................................. 50 Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees, and key employees) who each received more than $100,000 of compensation from the organization. if there is none, enter "None." (a)Name and till¢ of each employee (b) Average Hours per week a hours to position (c) Reportable compensation (Forms W 2/1099-MISC/ 1099-NEC) (d) Health benefits, contributions to employee benefit plans, and deferred compensation (e) Estimated amount of other compensation -- - ______________________-- - ----------------------- f Total number of other employees paid over $100,000..... . . 51 Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None. (a) Name and business address of each independent contractor (b) Type of service (c)Compensation .rc��in�xnn� 52 Did the organization complete Schedule A? Note: All section 501(c)(3) organizations must attach a completed Schedule A.... _..................................................................... [I Yes No Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) Is based on all Information of which preparer has any knowledge. Sign Here Signature of officer SHARRON KING Date President Type or print name and title Paid Printrrype preparer's name Dawn M Jake CPA Preparer's signature Dawn M Jake CPA Date ❑ Check if sere -employed PnN P00365238 Preparer Use Only Firms name Dawn M Jake CPA PLLC Firm'sEIN 20-0433597 Firm'saddress 420 Cline Ave Original Si Y. Port Orchard WA 98365 Ljawn Jake Phone no. 360 329-7090 May the IRS discuss this return with the preparer shown above? See instructions.. . ' ' L ................................... Yes F]No TEEA0812L 09/28122 Supplemental Information Regarding Fundraising or Gaming Activities SCHEDULE G Complete if the organization answered "Yes" on Form 990, Part IV, line 17, 18, or 19, or if the (Form 990) organization entered more than $15,000 on Form 991 line 6a. Attach to Form 990 or Form 9901 Departme.�l o! the Treasury w o-,temai Revenue service Go to ww.irs.gov/Form990 for instructions and the latest information. OMB No. 1545-0047 2022 Open to Public Inspection Name or the organtzanon I emproyer mennncaoon numoer FATHOMS 0 FUN FESTIVAL INC 91-1543208 0Pd13Fundraising Activities. Complete if the organization answered "Yes" on Form 990, Part IV, line 17. 1 Form 990-EZ filers are not reauired to comolete this cart. 1 Indicate whether the organization raised funds through any of the following activities. Check all that apply. a ❑ Mail solicitations e Solicitation of non -government grants b Internet and email solicitations f Solicitation of government grants c ❑ Phone solicitations - g ❑ Special fundraising events d In -person solicitations 2 a Did the organization have a written or oral agreement with any individual (including. officers, directors, trustees, or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? .................. QYes ❑ No b If "Yes," list the 10 highest ppaid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to be compensated at least $5,000 by the organization. (i) Name and address of individual or entity (fundraiser) ii Activity O tY (iii) Did fundraiser have custod or control of contrigu6ons? (iv) Gross receipts from activity (v) Amount paid to (or retained by) fundraiser listed in column (i) vi) Amount aid to (( p or retained by) organization 1 Yes No 2 3 4 5 6 7 8 9 10 Total................................................................ List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing. BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990) 2022 TEEA3701L 0710522 Schedule G (Form 990) 2022 FATHOMS 0 FUN FESTIVAL INC 9 Part II Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 16, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000. (a) Event al VARIOUS (b) Event #2 (c) Other events None (d) Total events coumn(cthroughl)) (event type) (evert type) (total number) 12,599. 12,599. c 1 Gross receipts ...................... . .. z 2 Less: Contributions . .................. 12,599. 12,599. 3 Gross income (line 1 minus line 2)...... 4 Cash prizes ................. :......... 5 Noncash prizes. . ... 6 Rent/facility costs ...................... m x w 7 Food and beverages.....,...... 8 Entertainment ......................... 8,003. 9 Other direct expenses .......... ..... 8,003.1 10 Direct expense summary. Add lines 4 through 9 in column(d)............................................. 8,003. 4,596. 11 Net income summary. Subtract line 10 from line 3, column(d)............................................. Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a. y (a) Bingo (b)Pull tabs/instant bingo/pprogressive bingo (c) Other gaming (d)Total gaming (add column (a) through column (c)) o! 1 Gross revenue. ........... ....... 2 Cash prizes ........................... 3 Noncash prizes ........................ w 4 Rent/facility costs ...................... i] 5 Other direct expenses ................. Yes $ Yes % Yes % 6 Volunteer labor... ..................... No No No 7 Direct expense summary. Add lines 2 through 5 in column (d).. ....... I ............... 8 Net gaming income summary. Subtract line 7 from line 1, column (d) ...... I-- ................ 9 Enter the state(s) in which the organization conducts gaming activities: a Is the organization licensed to conduct gaming activities in each of these states?. ............ Yes No b If "No," explain: ________________________________________________________n_________ 10a Were any of the organization's gaming licenses revoked, suspended, or terminated during the tax year? ............ IJ Yes ❑ No b If "Yes;" explain: ------------------------------------------------------------------ BAA TEEA3702L 07105122 Schedule G (Form 990) 2022 Schedule G (Form 990) 2022 FATHOMS 0 FUN FESTIVAL INC 91-1543208 Pagr 11 Does the organization conduct gaming activities with nonmembers? .............................................. Yes No 12 Is the organization a grantor, beneficiary or trustee of a trust, or a member of a partnership or other entity formed to administer charitable gaming?................................................................................. ❑ Yes No 13 Indicate the percentage of gaming activity conducted in: a The organization's facility ............................................................................... I 13a $ b An outside facility ............................................................,....................... I 13b % 14 Enter the name and address of the person who prepares the organization's gaming/special events books and records: Name ------------------------------------------------------------- Address 15a Does the organization have a contract with a third parry from whom the organization receives gaming revenue?....... Yes nNo b If "Yes," enter the amount of gaming revenue received by the organization $ and the amount of gaming revenue retained by the third parry $ ----------- c If "Yes," enter name and address of the third party: ----------- Name ------------------------------1 Address 16 Gaming manager information: Name Gaming manager compensation $ Description of services provided Director/officer ❑ Employee Independent contractor 17 Mandatory distributions: a Is the organization required under state law to make charitable distributions from the gaming proceeds to retain the stategaming license?............................................................................................ Yes ❑ No b Enter the amount of distributions required understate law to be distributed to other exempt organizations or spent in the organization's own exempt activities during the tax year... $ Part IV Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions. BAA TEEA3703L 0705/22 Schedule G (Form 990) 2022 SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ OMB No. 1545-Og47 (Form 990) Complete to provide information for responses to specific questions on 2�22 Form 990 or 990-EZ or to provide any additional information. Attach to Form 990 or Form 990-EZ. Open to Public Department of the Treasury Go to www.irs.gov/Form990 for the latest information. Inspection Internal Revenue Service Name of the organization Employer Identification number FATHOMS 0 FUN FESTIVAL INC I91-1543208 Form 990-EZ, Part I, Line 16 Other Expenses 4TH OF JULY SUPPLIES .................... ...... ......................... I....... .... .......... $ 262. Advertising and Promotion.............................. ...... ..................... ........ .. 8,468. AWARDS............................................................................................... 2,194. BAND -MUSICIANS .................................................................................. 10,600. BANK SERVICE CHARGES ..... -.... ................................ ................. .... ...I .... .. 219. Depreciation............................................ .................. ..........:............ 1,728. DUES & SUBSCRIPTIONS.......................................................................... 456. EVENTFEES.........................................................................I............... 193. FIREWORKDISPLAY................................................................................ 32,782. FLOAT EQUIPMENT.................................................................................. 2,285. FLOATFLOWERS.................................................................................... 87. FUEL................................................................................................ 346. Insurance........................................................................................... 4,038. MEETINGS................. ........................................................................... 260. PARADEEXPENSE .... ............ ................................... . ...... ..........:.............. 948. PHOTOS., .............................................. I ........ .. .... . .... 172. REIMBURSEMENTS................................................................................... 472. SALESTAX ......................................................... .............. ..... I.. ........ .... 192. SECURITY............................. ............................................................. 377. TraveL............................................................. ................................ 1,973. VEHICLE INSURANCE............................................................................... 2,123. VEHICLE MAINTENANCE.., ....... ....... ......................................... 104. VEHICLE TABS........ ........... ............. ............ .......................................... 169. WEBSITE................................................................................. 369. Total $ 70,817. Form 990-EZ, Part II, Line 24 Other Assets Beginning_ Ending Miscellaneous..... ................................. $ 2,592. $ 864. TRUCK & TRAILER.. 6 500. 6 500. Total 9,092. 7,364. Form 990-EZ, Part III - Organization's Primary Exempt Purpose COMMUNITY SERVICE ORGANIZATION CARRYING ON A TRADITION OF FAMILY ACTIVITIES. BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. TEEA4901L 07122122 Schedule 0 (Form 990) 2022 Form 8879-TE IRS a -file Signature Authorization OM13No. t545-0042 for a Tax Exempt Entity For calendar year 2022, or fiscal year beginning 10/ 01 .2022. and ending 9/30_ _, 20 2023 2U ^^ Department of the Treasury Do not send to the IRS. Keep for your records. L LL Interval Ravanue Service Go to www.irs.gov/Form8879TE for the latest Information. Name of filer EIN or SSN FATHOMS 0 FUN FESTIVAL INC 91-1543208 Name and title of officer or person subject to tax SHARRON KING President Type of Return and Return Information Check the box for the return for which you are using this Form 8879-TE and enter the applicable amount, if any, from the return. Form 8038-CP and Form 5330 filers may enter dollars and cents. For all other forms, enter whole dollars only. If you check the box on line la, 2a, 3a, 4a, 5a, 6a, 7a, 8a, 9a, or 10a below, and the amount on that line for the return being filed with this form was blank, then leave line 16, 2b, 36, 46, 5b, 6b, 7b, 8b, 9b, or 10b, whichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more than one line in Part I, la Form 990 check here..... b Total revenue, if any (Form 990, Part Vill, column (A), line 12)............ 1b 2a Form 990-EZ check here.. X b Total revenue, if any (Form 990-Fs, line 9) .............................. 2b 89,405. 3a Form 1120-POL check here b Total tax (Form I I 20-POL, line 22)...................................... 3b 4a Form 990-PF check here.. b Tax based on investment income (Form 990-PF, Part V, line 5)........... 4b 5a Form 8868 check here.... b Balance due (Form 8868,line 3c)....................................... 5b 6a Form 990-T check here... b Total tax (Form 990-T, Part 111,line 4)................................... 6b 7a Form 4720 check here.... b Total tax (Form 4720, Part III, line 1).................................... 7b 8a Form 5227 check here.... b FMV of assets at end of tax year (Form 5227, Item D) .................... Bb 9a Form 5330 check here..... b Tax due (Form 5330, Part 11, line 19) ......................... 9b 10a Form 8038-CP check here. b Amount of credit payment requested (Form 8038-CP, Part III, line 22) . , 1. 10b Piffildil Declaration and Signature Authorization of Officer or Person Subject to Tax Under penalties of perjury, I declare that JXJ LJ I am an officer of the above entity or ❑ I am a person subject to tax with respect to (name of entity) (EIN and that I have examined a copy of the 2022 electronic return and accompanyinschedules and statements, and, to the best of my knowledge and belief, they are true, correct, and complete. I further declare that the amountg in Part I above is the amount shown on the copy of the electronic return. I consent to allow my intermediate service pr, vider, transmitter, or electronic return originator (ERO) to send the return to the IRS and to receive from the IRS (a)an acknowledgement t or ason for rejection of the transmission, (b)the reason for any delay in processing the return or refund, and (c)the date of any refund. app abI r" the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit) entry to th hnan lal tit o Icated in the tax preparation software for payment of the federal taxes owed on this return, and the financial ion i n to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1.888-353.4537 no later than 2 business pri to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. i have selected a personal identification number (PIN) as my signature for the electronic return and, if applicable, the consent to electronic funds withdrawal. PIN: check one box only I authorize Dawn M Jake CPA PLLC to enter my PIN 16076 as my signature QX ERO firm name Enter five numbers, but do not enter all mros on the tax year 2022 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to enter my PIN on the return's disclosure consent screen. FlAs an officer or person subject to tax with respect to the entity, I will enter my PIN as my signature on the tax year 2022 electronically filed return. If I haveindicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I will enter my PIN on the return's disclosure consent screen. Signature of officer or person subject to tax Date Part III Certification and Authentication ERO's EFIN/PIN. Enter your six -digit electronic filing identification number (EFIN) followed by your five -digit self-selected PIN. 91049833597 Do not enter all zeros I certify that the above numeric entry is my PIN, which is my signature on the 2022 electronically filed return indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub.4163, Modernized a -File (MeF) Information for Authorized IRS a -file Providers for Business Returns. ERO's signature Dawn M Jake CPA Original Signed By; oat. 4/01/2024 ERO Must Retain This Form - See Instructions Do Not Submit This Form to the IRS Unless Requested To Do So BAA For Privacy and Paperwork Reduction Act Notice, see instructions. TEEAML 09r29122 Form 8879-TE (2022) 8:03 AM 10/23/24 Accrual Basis Fathoms O' Fun Festival, Inc. Profit & Loss January through December 2023 QUEENS TEA ROYALTY PAGEANT SANTA BREAKFAST SEAGULL SPLAT RUN Supplies - Other Total Supplies Taxes INCOME TAX SALES TAXES PAID FLOAT REBUILD SALES TAXES PAID PAGEANT SUPPLIES SALES TAXES PA PARADE SUPPLIES - SALES TAXES Total SALES TAXES PAID Total Taxes TRAFFIC CONTROL FOF PARADE Total TRAFFIC CONTROL Vehicle Insurance Vehicle License Tabs Vehicle Maintenance FLOAT - TRUCK OIL CHANGE FLOAT - TRUCK WASH Total Vehicle Maintenance VENDOR FOR HIRE EASTER EGG HUNT BALLOON TWISTER FIREWORKS BALLOON TWISTER Total VENDOR FOR HIRE Vendor Refund 4TH OF JULY SUMMER FESTIVAL VENDOR REFUND Total Vendor Refund Website Total Expense Net Ordinary Income Other Income/Expense Other Income Interest Income Total Other Income Net Other Income Net Income Jan - Dec 23 91.12 328.36 399.33 108.39 330.84 4,655.63 975.00 38.80 13.76 139.35 191.91 1,166.91 3,440.00 3,440.00 1,883.00 168.50 77.35 26.25 103.60 50.00 50.00 100.00 75.00 101.76 176.76 368.72 103,943.53 2,799.27 7.94 7.94 7.94 2,807.21 Page 5