Civic Intelligence

Destination Downtown Edenton Inc

990EZ • Fiscal year 2021 • EIN 20-1679897

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 12, 2021

P O Box 441Edenton, NC 27932

(252) 482-2962

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Net Margin

68th percentile

24%

Higher net margin than 68% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

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.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Asset Growth

75th percentile

38%

Faster asset growth than 75% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

67th percentile

31%

Faster revenue growth than 67% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$63,287

Up $17,521 (+38%) from 2020

Net Assets

Up

$62,502

Up $29,425 (+89%) from 2020

Liabilities

Down

$785

Down $11,904 (-94%) from 2020

Revenue

Up

$123,995

Up $29,690 (+31%) from 2020

Expenses

Down

$94,567

Down $18,613 (-16%) from 2020

Net Income

Up

$29,428

Up $48,303 (+256%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $56,209Liabilities 2012: $566Net Assets 2012: $55,6432012Assets 2013: $53,185Liabilities 2013: $438Net Assets 2013: $52,7472013Assets 2014: $54,413Liabilities 2014: $548Net Assets 2014: $53,8652014Assets 2015: $43,575Liabilities 2015: $612Net Assets 2015: $42,9632015Assets 2016: $18,428Liabilities 2016: $624Net Assets 2016: $17,8042016Assets 2017: $20,528Liabilities 2017: $623Net Assets 2017: $19,9052017Assets 2018: $36,373Liabilities 2018: $585Net Assets 2018: $35,7882018Assets 2019: $52,743Liabilities 2019: $795Net Assets 2019: $51,9482019Assets 2020: $45,766Liabilities 2020: $12,689Net Assets 2020: $33,0772020Assets 2021: $63,287Liabilities 2021: $785Net Assets 2021: $62,5022021Assets 2022: $86,426Liabilities 2022: $831Net Assets 2022: $85,5952022Assets 2023: $95,336Liabilities 2023: $1,140Net Assets 2023: $94,1962023Assets 2024: $51,479Liabilities 2024: $1,483Net Assets 2024: $49,9962024Assets 2025: $66,400Liabilities 2025: $2,347Net Assets 2025: $64,0532025

Highlighted filing

2021

Assets$63,287
Liabilities$785
Net Assets$62,502

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $94,093Expenses 2012: $75,768Net Income 2012: $18,3252012Revenue 2013: $78,728Expenses 2013: $81,624Net Income 2013: -$2,8962013Revenue 2014: $79,819Expenses 2014: $78,697Net Income 2014: $1,1222014Revenue 2015: $97,935Expenses 2015: $108,836Net Income 2015: -$10,9012015Revenue 2016: $101,493Expenses 2016: $126,651Net Income 2016: -$25,1582016Revenue 2017: $85,495Expenses 2017: $83,391Net Income 2017: $2,1042017Revenue 2018: $119,955Expenses 2018: $104,071Net Income 2018: $15,8842018Revenue 2019: $130,275Expenses 2019: $114,115Net Income 2019: $16,1602019Revenue 2020: $94,305Expenses 2020: $113,180Net Income 2020: -$18,8752020Revenue 2021: $123,995Expenses 2021: $94,567Net Income 2021: $29,4282021Revenue 2022: $90,412Expenses 2022: $67,240Net Income 2022: $23,1722022Revenue 2023: $77,859Expenses 2023: $69,258Net Income 2023: $8,6012023Revenue 2024: $122,220Expenses 2024: $166,421Net Income 2024: -$44,2012024Revenue 2025: $295,411Expenses 2025: $281,354Net Income 2025: $14,0572025

Highlighted filing

2021

Revenue$123,995
Expenses$94,567
Net Income$29,428
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 12, 2021
Return Version
2020v4.0
Gross Receipts
$123,995
Mission and Program Overview

Mission

The mission of the edenton main street program is to preserve, manage, promote, recruit, and enhance the development of edenton's historic downtown in a spirit of cooperation, as the cultural, historic, and economic center of chowan county.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THE EDENTON MAIN STREET PROGRAM IS TO PRESERVE, MANAGE, PROMOTE, RECRUIT, AND ENHANCE THE DEVELOPMENT OF EDENTON'S HISTORIC DOWNTOWN IN A SPIRIT OF COOPERATION, AS THE CULTURAL, HISTORIC, AND ECONOMIC CENTER OF CHOWAN COUNTY.-$93,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NELSON SPEARChair-$0--
JIMMY STALLINGSBoard Member-$0--
ANNE MARIE KNIGHTONTreasurer-$0--
PAUL HICKSBoard Member-$0--
JENNIFER HARRISSDirector-$0--
JEAN BROWNPast Chair-$0--
AMY ROBERSONBoard Member-$0--
CHRISTIAN FAUCHALDBoard Member-$0--
SAMBO DIXONBoard Member-$0--
DON FAIRCLOTHBoard Member-$0--
HEATHER NEWINGHAMBoard Member-$0--
CHERIE ROBERTSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Destination Downtown Edenton Inc
EIN
20-1679897
Phone
2524822962
Address
P O BOX 441, EDENTON, NC 27932

Signing Officer

Name
Nelson Spear
Title
Chair
Phone
2524822962
Signed
2021-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Donna H Winborne CPA Pc
Address
PO BOX 567, EDENTON, NC 27932
Preparer
Donna H Winborne
Phone
2524828461
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses promotions 1,250 advertising 5,045 office supplies 1,681 travel & training 1,065 meetings 427 insurance 854 telephone 426 dues & subscriptions 960 facade grant program 5,250 downtown dollars 1,630 covid-19 grant 2,006 bank service charge 10 non-investment depreciation 2,002 total 22,606

Form 990-ez, Part II, Line 24

Fixed assets 18,311 18,311 less accumulated depreciation 10,243 12,245 total 8,068 6,066

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 11,900 0 payroll liabilities 789 785

Form 990-ez, Part III

The mission of the edenton main street program is to preserve, manage, promote, recruit, and enhance the development of edenton's historic downtown in a spirit of cooperation, as the cultural, historic, and economic center of chowan county.

Form 990-ez, Part III, Line 28

The mission of the edenton main street program is to preserve, manage, promote, recruit, and enhance the development of edenton's historic downtown in a spirit of cooperation, as the cultural, historic, and economic center of chowan county.

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
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CompensationExplanation/CompensationExplanationGrp/PersonNm1JIMMY STALLINGS
CompensationExplanation/CompensationExplanationGrp/PersonNm2ANNE MARIE KNIGHTON
CompensationExplanation/CompensationExplanationGrp/PersonNm3PAUL HICKS
CompensationExplanation/CompensationExplanationGrp/PersonNm4JENNIFER HARRISS
CompensationExplanation/CompensationExplanationGrp/PersonNm5JEAN BROWN
CompensationExplanation/CompensationExplanationGrp/PersonNm6AMY ROBERSON
CompensationExplanation/CompensationExplanationGrp/PersonNm7CHRISTIAN FAUCHALD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIMMY STALLINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANNE MARIE KNIGHTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAUL HICKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JENNIFER HARRISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEAN BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6AMY ROBERSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE EDENTON MAIN STREET PROGRAM IS TO PRESERVE, MANAGE, PROMOTE, RECRUIT, AND ENHANCE THE DEVELOPMENT OF EDENTON'S HISTORIC DOWNTOWN IN A SPIRIT OF COOPERATION, AS THE CULTURAL, HISTORIC, AND ECONOMIC CENTER OF CHOWAN COUNTY.
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAINSTREETEDENTON.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0114060
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROMOTIONS 1,250 ADVERTISING 5,045 OFFICE SUPPLIES 1,681 TRAVEL & TRAINING 1,065 MEETINGS 427 INSURANCE 854 TELEPHONE 426 DUES & SUBSCRIPTIONS 960 FACADE GRANT PROGRAM 5,250 DOWNTOWN DOLLARS 1,630 COVID-19 GRANT 2,006 BANK SERVICE CHARGE 10 NON-INVESTMENT DEPRECIATION 2,002 TOTAL 22,606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FIXED ASSETS 18,311 18,311 LESS ACCUMULATED DEPRECIATION 10,243 12,245 TOTAL 8,068 6,066
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 11,900 0 PAYROLL LIABILITIES 789 785
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE EDENTON MAIN STREET PROGRAM IS TO PRESERVE, MANAGE, PROMOTE, RECRUIT, AND ENHANCE THE DEVELOPMENT OF EDENTON'S HISTORIC DOWNTOWN IN A SPIRIT OF COOPERATION, AS THE CULTURAL, HISTORIC, AND ECONOMIC CENTER OF CHOWAN COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF THE EDENTON MAIN STREET PROGRAM IS TO PRESERVE, MANAGE, PROMOTE, RECRUIT, AND ENHANCE THE DEVELOPMENT OF EDENTON'S HISTORIC DOWNTOWN IN A SPIRIT OF COOPERATION, AS THE CULTURAL, HISTORIC, AND ECONOMIC CENTER OF CHOWAN COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0NELSON SPEAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02524822962
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-12
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ReturnHeader/Filer/BusinessNameControlTxt0DEST
ReturnHeader/Filer/EIN0201679897
ReturnHeader/Filer/PhoneNum02524822962
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 567
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027932
ReturnHeader/PreparerPersonGrp/PhoneNum02524828461
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA H WINBORNE
ReturnHeader/ReturnTs02021-11-15T14:09:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NELSON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPEAR
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.02$0.64$2.95$2.81$0.14
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.01$0.50$1.22$1.66$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$0.78$0.69$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.01$0.86$0.90$0.67$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.63$1.24$0.95$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.13$0.33$0.94$1.13$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.01$0.52$1.30$1.14$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.01$0.36$1.20$1.04$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.01$0.20$0.85$0.83$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.18$1.01$1.27$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$0.98$1.09$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.54$0.80$0.79$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.79$0.82$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.01$0.56$0.94$0.76$0.18