Civic Intelligence

First Town Downtown Inc.

990EZ • Fiscal year 2017 • EIN 06-1438253

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

261 Broad StreetWindsor, CT 06095

(860) 688-5715

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

27th percentile

-7.3%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-4.4%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$9,394

Down $2,989 (-24%) from 2016

Net Assets

Down

$8,423

Down $2,487 (-23%) from 2016

Liabilities

Down

$971

Down $502 (-34%) from 2016

Revenue

Down

$33,845

Down $1,553 (-4.4%) from 2016

Expenses

Down

$36,332

Down $1,500 (-4.0%) from 2016

Net Income

Down

-$2,487

Down $53 (-2.2%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $2,575Liabilities 2011: $147Net Assets 2011: $2,4282011Assets 2012: $10,618Liabilities 2012: $1,535Net Assets 2012: $9,0832012Assets 2013: $11,875Liabilities 2013: $1,613Net Assets 2013: $10,2622013Assets 2014: $15,789Liabilities 2014: $1,192Net Assets 2014: $14,5972014Assets 2015: $15,176Liabilities 2015: $1,832Net Assets 2015: $13,3442015Assets 2016: $12,383Liabilities 2016: $1,473Net Assets 2016: $10,9102016Assets 2017: $9,394Liabilities 2017: $971Net Assets 2017: $8,4232017Assets 2021: $55,210Liabilities 2021: $24,755Net Assets 2021: $30,4552021Assets 2023: $96,629Liabilities 2023: $10,774Net Assets 2023: $85,8552023Assets 2024: $96,138Liabilities 2024: $7,045Net Assets 2024: $89,0932024Assets 2025: $85,937Liabilities 2025: $15,018Net Assets 2025: $70,9192025

Highlighted filing

2017

Assets$9,394
Liabilities$971
Net Assets$8,423

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2011: $41,166Expenses 2011: $42,229Net Income 2011: -$1,0632011Revenue 2012: $38,703Expenses 2012: $32,048Net Income 2012: $6,6552012Revenue 2013: $33,989Expenses 2013: $32,805Net Income 2013: $1,1842013Revenue 2014: $40,059Expenses 2014: $35,724Net Income 2014: $4,3352014Revenue 2015: $36,141Expenses 2015: $37,394Net Income 2015: -$1,2532015Revenue 2016: $35,398Expenses 2016: $37,832Net Income 2016: -$2,4342016Revenue 2017: $33,845Expenses 2017: $36,332Net Income 2017: -$2,4872017Revenue 2021: $53,289Expenses 2021: $37,297Net Income 2021: $15,9922021Revenue 2023: $60,575Expenses 2023: $43,746Net Income 2023: $16,8292023Revenue 2024: $55,368Expenses 2024: $52,130Net Income 2024: $3,2382024Revenue 2025: $46,723Expenses 2025: $58,583Net Income 2025: -$11,8602025

Highlighted filing

2017

Revenue$33,845
Expenses$36,332
Net Income-$2,487
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$50,397
Mission and Program Overview

Mission

To position promote Windsor CT as a premier New England town that protects utilizes its heritage as the basis for developing vibrant recreational, economic cultural activity.

Economic Devel and historic preservation

Program Services

DescriptionGrantsExpenses
Hold special events activities and programs to bring people to the commerce center-$36,333
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharran S BennettPresident-$0--
Stephen McKayVice President-$0--
Lynne StanleyTreasurer-$0--
Lynne StanleySecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
various----
Filing and Contact Details

Filer

Filer Name
First Town Downtown Inc
EIN
06-1438253
Address
261 Broad Street, Windsor, CT 06095

Signing Officer

Name
Lynne Stanley
Title
Treasurer
Phone
8606885715
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Bagge Cennamo and Pascoe LLP
Address
66 Maple Ave, Windsor, CT 06095
Preparer
Kenneth P Pascoe
Phone
8602989815
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountOffice Expense 50Dues and Subscription 350Insurance 3,329Annual dinner 452Credit Card Expense 860Website 1,883Membership expense 100Payroll taxes 1,659Payroll processing 461Misc Expense 2,629Director Expenses 100Banners 982

Description of total liabilities Part II line 26

Category Beginning of Year End of YearPayroll liabilities 1,473 971

Raw XML Appendix185 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Lynne Stanley
IRS990EZ/BooksInCareOfDetail/PhoneNum08606885715
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0261 Broad Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Windsor
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006095
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012383
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09394
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020000
IRS990EZ/CostOfGoodsSoldAmt01334
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2487
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012383
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09394
IRS990EZ/FundraisingGrossIncomeAmt020824
IRS990EZ/GrossProfitLossSlsOfInvntryAmt02617
IRS990EZ/GrossReceiptsAmt050397
IRS990EZ/GrossSalesOfInventoryAmt03951
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01892
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt03730
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010910
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08423
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010910
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08423
IRS990EZ/OccupancyRentUtltsAndMaintAmt04560
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Sharran S Bennett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Stephen McKay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lynne Stanley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lynne Stanley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt012855
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic Devel and historic preservation
IRS990EZ/PrintingPublicationsPostageAmt01333
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hold special events activities and programs to bring people to the commerce center
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt036333
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt016984
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt015218
IRS990EZ/SpecialEventsNetIncomeLossAmt05606
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01473
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0971
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt036332
IRS990EZ/TotalProgramServiceExpensesAmt036333
IRS990EZ/TotalRevenueAmt033845
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.firsttowndowntown.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt025330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt025054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0125219
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0561
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02739
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt024775
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt025410
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt028178
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt037246
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt026086
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0141695
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01892
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0561
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0260
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02739
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt065
IRS990ScheduleA/OtherIncome509Grp/TotalAmt065
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98960
IRS990ScheduleA/PublicSupportPY509Pct00.99120
IRS990ScheduleA/PublicSupportTotal509Amt0266914
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt048505
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt049805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt053508
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt063956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt051140
IRS990ScheduleA/Total509Grp/TotalAmt0266914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt050397
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt050366
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt053768
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt063982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt051205
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0269718
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0various
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountOffice Expense 50Dues and Subscription 350Insurance 3,329Annual dinner 452Credit Card Expense 860Website 1,883Membership expense 100Payroll taxes 1,659Payroll processing 461Misc Expense 2,629Director Expenses 100Banners 982
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearPayroll liabilities 1,473 971
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lynne Stanley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08606885715
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0First Town Downtown Inc
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0061438253
ReturnHeader/Filer/USAddress/AddressLine1Txt0261 Broad Street
ReturnHeader/Filer/USAddress/CityNm0Windsor
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006095
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D931AECD83CBD37E30134E7D5AA27B8B6593E0E7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D931AECD83CBD37E30134E7D5AA27B8B6593E0E7
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId00602912017319gypotuy
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-11-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.88.210.22
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTm014:33:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061498917
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bagge Cennamo and Pascoe LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt066 Maple Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Windsor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006095
ReturnHeader/PreparerPersonGrp/PhoneNum08602989815
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kenneth P Pascoe
ReturnHeader/ReturnTs02017-11-15T14:12:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits