Civic Intelligence

Shaw Main Streets Inc.

990 • Fiscal year 2018 • EIN 16-1665834

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

875 N Street NW Ste 201Washington, DC 20001

(202) 265-7429

Siviq Scores

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

Liabilities / Assets

54th percentile

0.04x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.03x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

25th percentile

-6.6%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$72,915

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

19th percentile

-9.1%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-15%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$291,502

Down $29,264 (-9.1%) from 2017

Net Assets

Down

$278,466

Down $34,135 (-11%) from 2017

Liabilities

Up

$13,036

Up $4,871 (+60%) from 2017

Revenue

Down

$517,767

Down $91,014 (-15%) from 2017

Expenses

Down

$551,902

Down $97,934 (-15%) from 2017

Net Income

Up

-$34,135

Up $6,920 (+17%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $116,846Liabilities 2010: $78,545Net Assets 2010: $38,3012010Assets 2011: $296,158Liabilities 2011: $77,645Net Assets 2011: $218,5132011Assets 2012: $336,971Liabilities 2012: $90,139Net Assets 2012: $246,8322012Assets 2013: $508,237Liabilities 2013: $62,296Net Assets 2013: $445,9412013Assets 2014: $403,800Liabilities 2014: $27,351Net Assets 2014: $376,4492014Assets 2015: $404,049Liabilities 2015: $9,820Net Assets 2015: $394,2292015Assets 2016: $359,819Liabilities 2016: $6,163Net Assets 2016: $353,6562016Assets 2017: $320,766Liabilities 2017: $8,165Net Assets 2017: $312,6012017Assets 2018: $291,502Liabilities 2018: $13,036Net Assets 2018: $278,4662018Assets 2019: $321,034Liabilities 2019: $11,504Net Assets 2019: $309,5302019Assets 2020: $434,019Liabilities 2020: $144,405Net Assets 2020: $289,6142020Assets 2021: $462,383Liabilities 2021: $133,925Net Assets 2021: $328,4582021Assets 2022: $222,500Liabilities 2022: $140,390Net Assets 2022: $82,1102022Assets 2023: $262,043Liabilities 2023: $219,017Net Assets 2023: $43,0262023Assets 2024: $293,913Liabilities 2024: $263,170Net Assets 2024: $30,7432024

Highlighted filing

2018

Assets$291,502
Liabilities$13,036
Net Assets$278,466

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $261,488Expenses 2010: $321,629Net Income 2010: -$60,1412010Expenses 2011: $309,0962011Expenses 2012: $371,5302012Revenue 2013: $582,132Expenses 2013: $383,023Net Income 2013: $199,1092013Revenue 2014: $440,079Expenses 2014: $509,571Net Income 2014: -$69,4922014Revenue 2015: $587,954Expenses 2015: $570,174Net Income 2015: $17,7802015Revenue 2016: $562,118Expenses 2016: $602,691Net Income 2016: -$40,5732016Revenue 2017: $608,781Expenses 2017: $649,836Net Income 2017: -$41,0552017Revenue 2018: $517,767Expenses 2018: $551,902Net Income 2018: -$34,1352018Revenue 2019: $552,658Expenses 2019: $527,573Net Income 2019: $25,0852019Revenue 2020: $456,202Expenses 2020: $476,118Net Income 2020: -$19,9162020Revenue 2021: $644,224Expenses 2021: $605,380Net Income 2021: $38,8442021Revenue 2022: $352,709Expenses 2022: $660,079Net Income 2022: -$307,3702022Revenue 2023: $504,650Expenses 2023: $569,541Net Income 2023: -$64,8912023Revenue 2024: $561,337Expenses 2024: $572,119Net Income 2024: -$10,7822024

Highlighted filing

2018

Revenue$517,767
Expenses$551,902
Net Income-$34,135
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$517,767
Mission and Program Overview

Mission

Facilitating the revitalization and sustainability of the central shaw commercial district in washington, dc including business technical and financial assistance, historic preservation, the arts and humanities and public space management.

Facilitating the revitalization of the 7th and 9th street commercial corridors of the shaw area of washington dc including business technical assistance and historic preservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$183,900$284,050▲ $100,150
Cash and Non-Interest-Bearing Accounts$136,866$7,452▼ $129,414
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$320,766$291,502▼ $29,264
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$8,165$6,873▼ $1,292
Other Liabilities-$6,163-
Total Liabilities$8,165$13,036▲ $4,871
Net Assets / Fund Balance
Unrestricted Net Assets$113,626$278,466▲ $164,840
Temporarily Rstr Net Assets$198,975--
Total Net Assets Fund Balance$312,601$278,466▼ $34,135
Total Liabilities and Net Assets / Fund Balance$320,766$291,502▼ $29,264

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$12,957-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alex PadroExecutive DirectorFT$72,915$72,915

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Career Path DcWorkforce Services1920 T ST SE, Washington, DC 20020$120,589
Revenue and Support

Revenue Composition

Contributions and Grants
$515,234
Program Service Revenue
$0
Investment Income
$18
Other Revenue
$2,515
All Other Contributions
$91,291
Change in Net Assets
$-34,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$476,458
Salaries, Compensation, and Employee Benefits$75,444
Total Fundraising Expense$6,611
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$239,986--$239,986
Current Officers, Directors, Trustees, and Key Employees$61,978$7,292$3,645$72,915
Advertising$55,235--$55,235
All Other Expenses$19,506$1,723$861$22,090
Other Expenses$15,438$1,591$796$15,438
Occupancy$10,200$1,200$600$12,000
Fees for Services Accounting-$7,211-$7,211
Insurance$4,788$563$582$5,933
Payroll Taxes$2,184$218$127$2,529
Office Expenses-$1,684-$1,684
Total Functional Expenses$523,809$21,482$6,611$551,902
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$4,513
Accrued Vacation$1,650
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A complete copy is provided to the board for review and approval prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to annually sign acknowledgement statements which are on file.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available for viewing and copying at the organization's office.

Filing and Contact Details

Filer

Filer Name
Shaw Main Streets Inc
EIN
16-1665834
Phone
2022657429
Address
875 N STREET NW STE 201, WASHINGTON, DC 20001

Signing Officer

Name
Gretchen B Wharton
Title
Chair
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gretchen B Wharton Board Chair
Formed
2003
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
238

Preparer

Firm
John C Walsh & Company
Address
1101 15TH ST NW, WASHINGTON, DC 20005
Preparer
John C Walsh CPA
Phone
2028339000
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FACILITATING THE REVITALIZATION OF THE 7TH AND 9TH STREET COMMERCIAL CORRIDORS OF THE SHAW AREA OF WASHINGTON DC INCLUDING BUSINESS TECHNICAL ASSISTANCE AND HISTORIC PRESERVATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0312601
IRS990/NetAssetsOrFundBalancesEOYAmt0278466
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt09230
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0600
IRS990/OccupancyGrp/ManagementAndGeneralAmt01200
IRS990/OccupancyGrp/ProgramServicesAmt010200
IRS990/OccupancyGrp/TotalAmt012000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01684
IRS990/OfficeExpensesGrp/TotalAmt01684
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0GRANTS
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3PRINTING AND PUBLICATIONS
IRS990/OtherExpensesGrp/FundraisingAmt0796
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01591
IRS990/OtherExpensesGrp/ProgramServicesAmt072247
IRS990/OtherExpensesGrp/ProgramServicesAmt128724
IRS990/OtherExpensesGrp/ProgramServicesAmt213523
IRS990/OtherExpensesGrp/ProgramServicesAmt315438
IRS990/OtherExpensesGrp/TotalAmt072247
IRS990/OtherExpensesGrp/TotalAmt128724
IRS990/OtherExpensesGrp/TotalAmt215910
IRS990/OtherExpensesGrp/TotalAmt315438
IRS990/OtherLiabilitiesGrp/EOYAmt06163
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02515
IRS990/OtherRevenueTotalAmt02515
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0127
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0218
IRS990/PayrollTaxesGrp/ProgramServicesAmt02184
IRS990/PayrollTaxesGrp/TotalAmt02529
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0183900
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0284050
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0GRETCHEN B WHARTON BOARD CHAIR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0606261
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0572567
IRS990/PYOtherRevenueAmt02499
IRS990/PYRevenuesLessExpensesAmt0-41055
IRS990/PYSalariesCompEmpBnftPaidAmt077269
IRS990/PYTotalExpensesAmt0649836
IRS990/PYTotalRevenueAmt0608781
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-34135
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0515234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0606261
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0493619
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0582825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0431401
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02629340
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01933
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt08671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt022269
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt072
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02651609
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0517749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0608194
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0497647
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0587947
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0440072
IRS990ScheduleA/Total509Grp/TotalAmt02651609
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0517767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0608215
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0497666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0587954
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0440079
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02651681
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012957
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt012957
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01650

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.94$2.63$0.31$5.61$5.72$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.62$2.19$0.43$5.05$5.70$0.65
2022Detailed filing. Detailed filing data is available for this year.$2.23$1.40$0.82$3.53$6.60$3.07
2021Detailed filing. Detailed filing data is available for this year.$4.62$1.34$3.28$6.44$6.05$0.39
2020Detailed filing. Detailed filing data is available for this year.$4.34$1.44$2.90$4.56$4.76$0.20
2019Detailed filing. Detailed filing data is available for this year.$3.21$0.12$3.10$5.53$5.28$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.92$0.13$2.78$5.18$5.52$0.34
2017Detailed filing. Detailed filing data is available for this year.$3.21$0.08$3.13$6.09$6.50$0.41
2016Detailed filing. Detailed filing data is available for this year.$3.60$0.06$3.54$5.62$6.03$0.41
2015Detailed filing. Detailed filing data is available for this year.$4.04$0.10$3.94$5.88$5.70$0.18
2014Detailed filing. Detailed filing data is available for this year.$4.04$0.27$3.76$4.40$5.10$0.69
2013Detailed filing. Detailed filing data is available for this year.$5.08$0.62$4.46$5.82$3.83$1.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.90$2.47$3.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.78$2.19$3.09
2010Summary only. Only limited summary data is available for this year.$1.17$0.79$0.38$2.61$3.22$0.60