Events Mobile INC EIN 63-1120140 Form 990 (PDF) Claim this org

Events Mobile INC

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Funds public programs and educational activities for the City of Mobile's Community Services Office. For fiscal year 2025 it reported $332K in revenue, $326K in expenses, and $221K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Mobile, AL
Filings
5 on file (2021–2025)
Revenue
$332KFY2025
Expenses
$326K
Net assets
$221K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  63-1120140 Public charity (501(c)(3)) Mobile, AL
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds public programs and educational activities for the City of Mobile's Community Services Office.
Leadership
Josh Daigrepont · Director
Money in and out
$332K revenue, $326K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$332K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate▼ -12% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +145% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$332K
FY2025▲ +5%
Expenses
$326K
FY2025▼ -2%
Total assets
$221K
FY2025▼ -13%
Total liabilities
$0
FY2025
Total revenue
$332K
Pt VIII · Ln 12
Total expenses
$326K
Pt IX · Ln 25
Net assets
$221K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$221K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $326K of program spending, described in the organization's own filed words · FY2024.
01

City of mobile new year's eve celebration. The event which is open to the public at no charge receives support from the city of mobile and the business community. The event includes a mardi gras style second line parade and national and local entertainers.

$326Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEvents Mobile INC
EINHdr · item D63-1120140
Principal addressHdr · item CMobile, AL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N52)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Committee Me
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Committee Me
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Events Mobile INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$330K · 99%
Program service revenue$2K · 1%
Contributions & grants99%$330K
Program service revenue1%$2K
— government grantsLn 1e$300K
Total revenueLn 12$332K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$326K
Total functional expensesLn 25$326K

Balance Sheet

Part X · end of year
CashLn 1$221K
Total assetsLn 16$221K
Total liabilitiesLn 26$0
Total net assetsLn 32$221K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $221K · Operating expenses/yr $326K
8.1 months
Where the money goes
Program services
Program services $326K · Total expenses $326K
100%
Management & General
Management & general $0 · Total expenses $326K
0%
Fundraising
Fundraising $0 · Total expenses $326K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $54K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $332K
99%
Government reliance
Government grants $300K · Total revenue $332K
90%
Earned-income share
Program service revenue $2K · Total revenue $332K
0.7%
Investment reliance
Investment income $0 · Total revenue $332K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $326K
0.7%
Growth & trend
Revenue growth (YoY)
This year $332K · Prior year $317K
+5%
Revenue CAGR
FY2020 $166K · FY2024 $332K
+19%
Net-asset trend (YoY)
End of year $221K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $332K · Expenses $326K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $221K
Net-asset ratio
Net assets $221K · Total assets $221K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $221K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Josh Daigrepont · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $326K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $326K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 5%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$332K revenue · viewing · ⤓ 990 PDF
FY2024$317K revenue · ⤓ 990 PDF
FY2023$465K revenue · ⤓ 990 PDF
FY2022$196K revenue · ⤓ 990 PDF
FY2021$166K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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