Civic Intelligence

First Town Downtown Inc.

990EZ • Fiscal year 2021 • EIN 06-1438253

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 24, 2021

Organization Profilewww.firsttowndowntown.com
161 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

88th percentile

0.45x

Higher debt load relative to assets than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

0.46x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

74th percentile

30%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$55,210

Up $45,816 (+488%) from 2017

Net Assets

Up

$30,455

Up $22,032 (+262%) from 2017

Liabilities

Up

$24,755

Up $23,784 (+2449%) from 2017

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin74th percentile

Revenue

Up

$53,289

Up $19,444 (+57%) from 2017

Expenses

Up

$37,297

Up $965 (+2.7%) from 2017

Net Income

Up

$15,992

Up $18,479 (+743%) from 2017

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2021

Assets$55,210
Liabilities$24,755
Net Assets$30,455
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2021

Revenue$53,289
Expenses$37,297
Net Income$15,992
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 24, 2021
Return Version
2020v4.1
Gross Receipts
$61,203
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-$37,297
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rich S EspositoPresident-$0--
Mae MaloneySecretary-$0--
Lynn StanleyTreasurer-$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
161 Broad Street, Windsor, CT 06095

Signing Officer

Name
Lynn Stanley
Title
Treasurer
Phone
8602478982
Signed
2021-09-24
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMIscellaneous 585”

Description of other expenses Part I line 16

“Description AmountOffice Expense 598Dues and Subscription 1,263Insurance 3,911Website 2,648Credit Card Expense 1,205Fees 412Membership expense 1,087Payroll taxes 2,127Payroll processing 347”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPayroll liabilities 910 844Gift Card Outstanding 9,983 15,411PPP Loan 4,250 8,500”

Raw XML Appendix168 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Lynn Stanley
IRS990EZ/BooksInCareOfDetail/PhoneNum08606885715
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0161 Broad Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Windsor
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006095
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt029606
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt055210
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015992
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0900
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029606
IRS990EZ/Form990TotalAssetsGrp/EOYAmt055210
IRS990EZ/FundraisingGrossIncomeAmt034325
IRS990EZ/GrossReceiptsAmt061203
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt06293
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014463
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030455
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014463
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030455
IRS990EZ/OccupancyRentUtltsAndMaintAmt04688
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rich S Esposito
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mae Maloney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lynn Stanley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt013598
IRS990EZ/OtherRevenueTotalAmt0585
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic Devel and historic preservation
IRS990EZ/PrintingPublicationsPostageAmt0591
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hold special events, activities and programs to bring people to the commerce center
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037297
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017520
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt07914
IRS990EZ/SpecialEventsNetIncomeLossAmt026411
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015143
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt024755
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037297
IRS990EZ/TotalProgramServiceExpensesAmt037297
IRS990EZ/TotalRevenueAmt053289
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.firsttowndowntown.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt022730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01892
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01892
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt029910
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt026567
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt029600
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt086077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01892
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01892
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99010
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0188807
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt049910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046567
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt049600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt022730
IRS990ScheduleA/Total509Grp/TotalAmt0188807
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt049910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt049600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024622
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0190699
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 AmountMIscellaneous 585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOffice Expense 598Dues and Subscription 1,263Insurance 3,911Website 2,648Credit Card Expense 1,205Fees 412Membership expense 1,087Payroll taxes 2,127Payroll processing 347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPayroll liabilities 910 844Gift Card Outstanding 9,983 15,411PPP Loan 4,250 8,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lynn Stanley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08602478982
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0First Town Downtown Inc
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0061438253
ReturnHeader/Filer/USAddress/AddressLine1Txt0161 Broad Street
ReturnHeader/Filer/USAddress/CityNm0Windsor
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006095
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061498917
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bagge Cennamo & 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/PreparationDt02021-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kenneth Pascoe
ReturnHeader/ReturnTs02021-10-28T15:14:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Lynn
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Stanley
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,210
Liabilities
$24,755
Net assets
$30,455
Revenue
$53,289
Expenses
$37,297
Net income
$15,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$85.9$15.0$70.9$46.7$58.6$11.9
2024Detailed filing. Detailed filing data is available for this year.$96.1$7.05$89.1$55.4$52.1$3.24
2023Detailed filing. Detailed filing data is available for this year.$96.6$10.8$85.9$60.6$43.7$16.8
2021Detailed filing. Detailed filing data is available for this year.$55.2$24.8$30.5$53.3$37.3$16.0
2017Detailed filing. Detailed filing data is available for this year.$9.39$0.97$8.42$33.8$36.3$2.49
2016Detailed filing. Detailed filing data is available for this year.$12.4$1.47$10.9$35.4$37.8$2.43
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$15.2$1.83$13.3$36.1$37.4$1.25
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$15.8$1.19$14.6$40.1$35.7$4.34
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$11.9$1.61$10.3$34.0$32.8$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$1.54$9.08$38.7$32.0$6.66
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.15$2.43$41.2$42.2$1.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits