Civic Intelligence

First Town Downtown Inc.

990EZ • Fiscal year 2024 • EIN 06-1438253

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 19, 2025

Organization Profilewww.firsttowndowntown.com
161 Broad StreetWindsor, CT 06095

(860) 687-6226

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

55th percentile

5.8%

Higher net margin than 55% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

46th percentile

-0.5%

Faster asset growth than 46% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-8.6%

Faster revenue growth than 36% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$96,138

Down $491 (-0.5%) from 2023

Net Assets

Up

$89,093

Up $3,238 (+3.8%) from 2023

Liabilities

Down

$7,045

Down $3,729 (-35%) from 2023

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin55th percentile

Revenue

Down

$55,368

Down $5,207 (-8.6%) from 2023

Expenses

Up

$52,130

Up $8,384 (+19%) from 2023

Net Income

Down

$3,238

Down $13,591 (-81%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

2024

Assets$96,138
Liabilities$7,045
Net Assets$89,093
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

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

2024

Revenue$55,368
Expenses$52,130
Net Income$3,238
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 19, 2025
Return Version
2023v6.0
Gross Receipts
$70,964
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-$52,130
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott HoffmanPresident-$0--
Stephanie StoneSecretary-$0--
Mae MaloneyVice President-$0--
Richard EspositoTreasurer-$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
Richard Esposito
Title
Treasurer
Phone
8602478982
Signed
2025-01-19
Discuss with paid preparer
Yes

Preparer

Firm
Kenneth P Pascoe CPA LLC
Address
66 Maple Avenue, Windsor, CT 06095
Preparer
Kenneth Pascoe
Phone
8602989815
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMiscellaneous 5,690”

Description of other expenses Part I line 16

“Description AmountOffice 261Dues 604Insurance 2,529Payroll Taxes 2,275Credit Card Fees 1,222Website 258Membership 500Fees 178Miscellaneous 1,693”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPayroll Tax Accrued 643 186Gift Cards Issued 10,131 6,859”

Raw XML Appendix149 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/PersonNm0Richard Esposito
IRS990EZ/BooksInCareOfDetail/PhoneNum08606876226
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0161 Broad Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Windsor
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006095
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt096629
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt096138
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03238
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt096629
IRS990EZ/Form990TotalAssetsGrp/EOYAmt096138
IRS990EZ/FundraisingGrossIncomeAmt032932
IRS990EZ/GrossReceiptsAmt070964
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0997
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt06345
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt085855
IRS990EZ/NetAssetsOrFundBalancesEOYAmt089093
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt085855
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt089093
IRS990EZ/OccupancyRentUtltsAndMaintAmt04401
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/PersonNm0Scott Hoffman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Stephanie Stone
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mae Maloney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Richard Esposito
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt09520
IRS990EZ/OtherRevenueTotalAmt05690
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Economic Devel and historic preservation
IRS990EZ/PrintingPublicationsPostageAmt07629
IRS990EZ/ProgramServiceRevenueAmt025000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hold special events, activities and programs to bring people to the commerce center
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt052130
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt028230
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt015596
IRS990EZ/SpecialEventsNetIncomeLossAmt017336
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010774
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07045
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052130
IRS990EZ/TotalProgramServiceExpensesAmt052130
IRS990EZ/TotalRevenueAmt055368
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.firsttowndowntown.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt040000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt029910
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt026567
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt056477
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt096477
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt049910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt046567
IRS990ScheduleA/Total509Grp/TotalAmt096477
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046567
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt096477
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0various
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMiscellaneous 5,690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOffice 261Dues 604Insurance 2,529Payroll Taxes 2,275Credit Card Fees 1,222Website 258Membership 500Fees 178Miscellaneous 1,693
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPayroll Tax Accrued 643 186Gift Cards Issued 10,131 6,859
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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Esposito
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08602478982
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-19
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874074991
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kenneth P Pascoe CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt066 Maple Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Windsor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006095
ReturnHeader/PreparerPersonGrp/PhoneNum08602989815
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kenneth Pascoe
ReturnHeader/ReturnTs02025-04-15T15:52:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,138
Liabilities
$7,045
Net assets
$89,093
Revenue
$55,368
Expenses
$52,130
Net income
$3,238
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
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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