Civic Intelligence

Capitol Riverfront Business Improvement District

990 • Fiscal year 2012 • EIN 20-5712546

Oct 01, 2011 to Sep 30, 2012 • Filed on Jul 29, 2013

1100 New Jersey Avenue SE20003
Siviq Scores

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

Liabilities / Assets

76th percentile

0.45x

Higher debt load relative to assets than 76% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

2012 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,358,829

Down $202,208 (-13%) from 2011

Net Assets

Up

$748,030

Up $130,020 (+21%) from 2011

Liabilities

Down

$610,799

Down $332,228 (-35%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,311,347

Up $230,764 (+11%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,561,037Liabilities 2011: $943,027Net Assets 2011: $618,0102011Assets 2012: $1,358,829Liabilities 2012: $610,799Net Assets 2012: $748,0302012Assets 2013: $1,021,880Liabilities 2013: $200,289Net Assets 2013: $821,5912013Assets 2014: $1,322,199Liabilities 2014: $200,094Net Assets 2014: $1,122,1052014Assets 2015: $1,675,255Liabilities 2015: $512,391Net Assets 2015: $1,162,8642015Assets 2016: $1,607,035Liabilities 2016: $349,791Net Assets 2016: $1,257,2442016Assets 2017: $1,820,956Liabilities 2017: $611,774Net Assets 2017: $1,209,1822017Assets 2018: $2,015,705Liabilities 2018: $1,348,108Net Assets 2018: $667,5972018Assets 2019: $1,989,695Liabilities 2019: $1,222,468Net Assets 2019: $767,2272019Assets 2020: $1,867,112Liabilities 2020: $1,229,916Net Assets 2020: $637,1962020Assets 2021: $2,012,656Liabilities 2021: $1,284,285Net Assets 2021: $728,3712021Assets 2022: $2,784,952Liabilities 2022: $1,842,270Net Assets 2022: $942,6822022Assets 2023: $3,644,475Liabilities 2023: $2,598,625Net Assets 2023: $1,045,8502023Assets 2024: $3,648,526Liabilities 2024: $2,352,676Net Assets 2024: $1,295,8502024

Highlighted filing

2012

Assets$1,358,829
Liabilities$610,799
Net Assets$748,030

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,099,854Expenses 2011: $2,080,583Net Income 2011: $19,2712011Expenses 2012: $2,311,3472012Expenses 2013: $2,495,5142013Revenue 2014: $2,862,134Expenses 2014: $2,561,620Net Income 2014: $300,5142014Revenue 2015: $3,154,159Expenses 2015: $3,113,400Net Income 2015: $40,7592015Revenue 2016: $3,400,295Expenses 2016: $3,318,774Net Income 2016: $81,5212016Revenue 2017: $3,325,632Expenses 2017: $3,373,694Net Income 2017: -$48,0622017Revenue 2018: $3,372,523Expenses 2018: $3,914,108Net Income 2018: -$541,5852018Revenue 2019: $4,341,991Expenses 2019: $4,242,361Net Income 2019: $99,6302019Revenue 2020: $4,028,556Expenses 2020: $4,158,587Net Income 2020: -$130,0312020Revenue 2021: $4,344,568Expenses 2021: $4,253,396Net Income 2021: $91,1722021Revenue 2022: $4,125,775Expenses 2022: $3,911,464Net Income 2022: $214,3112022Revenue 2023: $4,679,100Expenses 2023: $4,556,328Net Income 2023: $122,7722023Revenue 2024: $4,966,051Expenses 2024: $4,716,051Net Income 2024: $250,0002024

Highlighted filing

2012

Revenue-
Expenses$2,311,347
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Jul 29, 2013
Return Version
2011v1.5
Gross Receipts
$2,438,143
Mission and Program Overview

Mission

The organization is dedicated to making the capitol riverfront clean, safe, friendly and vibrant. The bid supports and enhances the capitol riverfront through the following activities: clean teams; marketing, branding and special events; economic development and office, retail and residential attraction; coordination with decision makers and advocating on behalf of the ongoing public realm, transportation access, infrastructure and neighborhood improvements and community building.

Major Activities

Activity 2
Clean and safe services - the uniformed street cleaning team removes trash, weeds, graffiti, sediment, and other debris from the streets and sidewalks on a daily basis. In addition, the hospitality/safety ambassador team assists and welcomes workers, residents, and visitors with directions and other needs. The organization hosts quarterly public safety meetings with the metropolitan police department (mpd), metro transit police, and property owners to address local safety concerns. It is anticipated that the bid may be asked to expand these services to include the maintenance, programming and security services for the new parks and open spaces that are being developed in the capitol riverfront.
Activity 3
Economic development - the organization works with dc agencies and property owners to assure that the capitol riverfronts basic infrastructure needs are met, including street and sidewalk repair, utility upgrades, traffic circulation, transit access, parking and management. In addition, the organization works to improve the areas landscaping, street furniture, and signage which support a high quality public realm and neighborhood development. The organization also works with property owners and other entities on business attraction efforts that include attracting office tenants to this submarket, attracting neighborhood support retail and restaurants to the capitol riverfront, attracting residents to the residential offerings in the neighborhood (apartments, condos, coops, and townhomes), and working with the dc government and property owners to facilitate the construction of proposed parks, open spaces and the anacostia riverwalk trail system.
Filing and Contact Details

Filer

EIN
20-5712546
Raw XML AppendixShowing 400 of 515 raw XML fields

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IRS990/Activity2/Description0CLEAN AND SAFE SERVICES - THE UNIFORMED STREET CLEANING TEAM REMOVES TRASH, WEEDS, GRAFFITI, SEDIMENT, AND OTHER DEBRIS FROM THE STREETS AND SIDEWALKS ON A DAILY BASIS. IN ADDITION, THE HOSPITALITY/SAFETY AMBASSADOR TEAM ASSISTS AND WELCOMES WORKERS, RESIDENTS, AND VISITORS WITH DIRECTIONS AND OTHER NEEDS. THE ORGANIZATION HOSTS QUARTERLY PUBLIC SAFETY MEETINGS WITH THE METROPOLITAN POLICE DEPARTMENT (MPD), METRO TRANSIT POLICE, AND PROPERTY OWNERS TO ADDRESS LOCAL SAFETY CONCERNS. IT IS ANTICIPATED THAT THE BID MAY BE ASKED TO EXPAND THESE SERVICES TO INCLUDE THE MAINTENANCE, PROGRAMMING AND SECURITY SERVICES FOR THE NEW PARKS AND OPEN SPACES THAT ARE BEING DEVELOPED IN THE CAPITOL RIVERFRONT.
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IRS990/MissionDescription0THE ORGANIZATION IS DEDICATED TO MAKING THE CAPITOL RIVERFRONT CLEAN, SAFE, FRIENDLY AND VIBRANT. THE BID SUPPORTS AND ENHANCES THE CAPITOL RIVERFRONT THROUGH THE FOLLOWING ACTIVITIES: CLEAN TEAMS AND HOSPITALITY; SAFETY AMBASSADORS MARKETING; BRANDING AND SPECIAL EVENTS; ECONOMIC DEVELOPMENT AND OFFICE, RETAIL AND RESIDENTIAL ATTRACTION; COORDINATION WITH DECISION MAKERS AND ADVOCATING ON BEHALF OF THE ONGOING PUBLIC REALM, TRANSPORTATION ACCESS, INFRASTRUCTURE AND NEIGHBORHOOD IMPROVEMENTS AND COMMUNITY BUILDING.
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IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0126796
IRS990/RevenuesLessExpensesPriorYear019271
IRS990/RoyaltiesRevenue/TotalRevenueColumn00
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear0597621
IRS990/SalariesEtcPriorYear0511907
IRS990/SavingsAndTempCashInvestments/BOY00
IRS990/SavingsAndTempCashInvestments/EOY00
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleC/AgreeToCarryoverPriorYear0false
IRS990ScheduleC/OnlyInHouseLobbying0true
IRS990ScheduleC/SubstantiallyAllDuesNondeduct0false
IRS990ScheduleD/DonatedServicesUseOfFacilities06984
IRS990ScheduleD/DonatedSrvcAndUseOfFacilities06984
IRS990ScheduleD/Equipment/BookValue016189
IRS990ScheduleD/Equipment/Depreciation0120283
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0136472
IRS990ScheduleD/ExcessOrDeficitForYear0126796
IRS990ScheduleD/ExcessOrDeficitPerFS0126796
IRS990ScheduleD/ExpensesNotRptdF99006984
IRS990ScheduleD/ExpensesSubtotal02311347
IRS990ScheduleD/FederalIncomeTaxLiability00
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The Organization evaluates uncertainty in income tax positions taken or expected to be taken on a tax return based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement and is recognized in the consolidated financial statements. If applicable, the Organization records interest and penalties as a component of income tax expense. Tax years from 2009 through the current year remain open for examination by tax authorities.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0financial statement footnote regarding fin 48 (asc 740)
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0SCHEDULE D PART X line 2
IRS990ScheduleD/LeaseholdImprovements/BookValue021815
IRS990ScheduleD/LeaseholdImprovements/Depreciation044736
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis066551
IRS990ScheduleD/RevenueNotRptdF99006984
IRS990ScheduleD/RevenueSubtotal02438143
IRS990ScheduleD/TotalExpenses02311347
IRS990ScheduleD/TotalExpensesPerForm99002311347
IRS990ScheduleD/TotalOfAmounts00
IRS990ScheduleD/TotalOfBookValueLandBuildings038004
IRS990ScheduleD/TotalRevenue02438143
IRS990ScheduleD/TotalRevenuePerForm99002438143
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt02318331
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt02445127
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompensationCommittee0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/EquityBasedCompArrangement0false
IRS990ScheduleJ/Form990OfOtherOrganizations0X
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0175100
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg05353
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0MICHAEL STEVENS
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg06774
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0187227
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990/ScheduleJRequired0true
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0false
IRS990ScheduleJ/WrittenEmploymentContract0X
IRS990ScheduleO/GeneralExplanation/Explanation0MEMBERS CONSIST OF PROPERTY OWNERS WITHIN THE BUSINESS IMPROVEMENT DISTRICT. THE MEMBERS ARE INVITED TO THE ANNUAL MEETING AT WHICH TIME THE GOVERNING BODY IS ELECTED. PAYING BID TAX MEMBERS ARE ELIGIBLE TO VOTE IN THESE ELECTIONS. THE ORGANIZATION'S MEMBERS APPROVE CERTAIN DECISIONS OF THE BOARD INCLUDING CHANGES TO ITS ORGANIZATIONAL DOCUMENTS AND INCREASES IN BID TAX ASSESSMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED, AND THE FULL BOARD IS GIVEN A COPY TO REVIEW FOR COMMENT BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES ANNUAL ATTESTING OF COMPLIANCE BY EVERY BOARD MEMBER.
IRS990ScheduleO/GeneralExplanation/Explanation3COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AND KEY EMPLOYEES ARE DETERMINED BY THE EXECUTIVE COMMITTEE USING SALARY SURVEYS OF SIMILIAR ORGANIZATIONS.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH PUBLICATIONS IN THE FORM OF AN ANNUAL REPORT WHICH IS DISTRIBUTED TO THE PUBLIC UPON REQUEST OR CAN BE FOUND ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/GeneralExplanation/Explanation5Yarks park LLC is a single member LLC, that is related through common board members with the capitol riverfront business improvement district (the organization); it is consolidated with the organization for audit purpopses, but disregarded for tax purposes. The nature of its activities are to provide cleaning, safety, security, and maintenance services, and event programming to the yards park which is within the boundaries of the organization.
IRS990ScheduleO/GeneralExplanation/Explanation6prior period adjustment $3,224
IRS990ScheduleO/GeneralExplanation/Identifier0MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier1990 REVIEW

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$2.35$1.30$4.97$4.72$0.25
2023Summary only. Only limited summary data is available for this year.$3.64$2.60$1.05$4.68$4.56$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$1.84$0.94$4.13$3.91$0.21
2021Summary only. Only limited summary data is available for this year.$2.01$1.28$0.73$4.34$4.25$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$1.23$0.64$4.03$4.16$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$1.22$0.77$4.34$4.24$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$1.35$0.67$3.37$3.91$0.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.61$1.21$3.33$3.37$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.61$0.35$1.26$3.40$3.32$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.51$1.16$3.15$3.11$0.04
2014Summary only. Only limited summary data is available for this year.$1.32$0.20$1.12$2.86$2.56$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.20$0.82$2.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.61$0.75$2.31
2011Summary only. Only limited summary data is available for this year.$1.56$0.94$0.62$2.10$2.08$0.02