Civic Intelligence

Destination Downtown Edenton Inc

990EZ • Fiscal year 2022 • EIN 20-1679897

Jul 01, 2021 to Jun 30, 2022 • Filed on Aug 09, 2022

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

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • NTEE S20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2022 filings • NTEE S20 • <$500k nonprofits • Source year 2022

Net Margin

70th percentile

26%

Higher net margin than 70% of similar nonprofits.

2022 filings • NTEE S20 • <$500k nonprofits • Source year 2022

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2022 filings • NTEE S20 • <$500k nonprofits • Source year 2022

Asset Growth

79th percentile

37%

Faster asset growth than 79% of similar nonprofits.

2022 filings • NTEE S20 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-27%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • NTEE S20 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$86,426

Up $23,139 (+37%) from 2021

Net Assets

Up

$85,595

Up $23,093 (+37%) from 2021

Liabilities

Up

$831

Up $46 (+5.9%) from 2021

Revenue

Down

$90,412

Down $33,583 (-27%) from 2021

Expenses

Down

$67,240

Down $27,327 (-29%) from 2021

Net Income

Down

$23,172

Down $6,256 (-21%) from 2021

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

2022

Assets$86,426
Liabilities$831
Net Assets$85,595

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

2022

Revenue$90,412
Expenses$67,240
Net Income$23,172
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Aug 9, 2022
Return Version
2021v4.0
Gross Receipts
$90,412
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.-$66,210
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIMMY STALLINGSBoard Member-$0--
PAUL HICKSChair-$0--
MORGAN POTTSDirector-$0--
JEAN BROWNPast Chair-$0--
SAMBO DIXONBoard Member-$0--
HEATHER NEWINGHAMBoard Member-$0--
CHERIE ROBERTSBoard Member-$0--
SUSAN CREEDBoard Member-$0--
COREY GOODENBoard Member-$0--
LINDA CREDILLEBoard Member-$0--
DEE SPRUCEBoard Member-$0--
BURTON SWAINBoard 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
Paul Hicks
Title
Chair
Phone
2524822962
Signed
2022-08-09
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 11,204 advertising 3,141 downtown dollars 535 office supplies 543 travel & training 525 meetings 305 insurance 342 telephone 425 event insurance 300 dues & subscriptions 375 facade grant program 1,500 covid-19 grant 1,378 non-investment depreciation 1,536 total 22,109

Form 990-ez, Part I, Line 20

Non-deductible expense -80

Form 990-ez, Part II, Line 24

Fixed assets 18,311 18,311 less accumulated depreciation 12,245 13,781 total 6,066 4,530

Form 990-ez, Part II, Line 26

Payroll liabilities 785 831

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 Appendix176 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIMMY STALLINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL HICKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MORGAN POTTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEAN BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SAMBO DIXON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5HEATHER NEWINGHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHERIE ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SUSAN CREED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8COREY GOODEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BURTON SWAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PAST CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-80
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROMOTIONS 11,204 ADVERTISING 3,141 DOWNTOWN DOLLARS 535 OFFICE SUPPLIES 543 TRAVEL & TRAINING 525 MEETINGS 305 INSURANCE 342 TELEPHONE 425 EVENT INSURANCE 300 DUES & SUBSCRIPTIONS 375 FACADE GRANT PROGRAM 1,500 COVID-19 GRANT 1,378 NON-INVESTMENT DEPRECIATION 1,536 TOTAL 22,109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NON-DEDUCTIBLE EXPENSE -80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIXED ASSETS 18,311 18,311 LESS ACCUMULATED DEPRECIATION 12,245 13,781 TOTAL 6,066 4,530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 785 831
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/ExplanationTxt5THE 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 I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-09
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ReturnHeader/Filer/EIN0201679897
ReturnHeader/Filer/PhoneNum02524822962
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-09
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ReturnHeader/ReturnTs02022-08-15T17:23:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PAUL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HICKS
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.01$0.86$0.90$0.67$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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