Civic Intelligence

Roosevelt Row Community Development Corporation

EIN 20-5937475 • 501(c)3 • Phoenix, AZ

Profile

Roosevelt Row Community Development Corporation CDC is a 501c3 non-profit organization established to further the unique cultural character and creative assets of the Roosevelt Row Arts District, to support the continuing presence and role of the arts, particularly individual artists

918 N 2nd StPhoenix, AZ 85004

www.rooseveltrow.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.38x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

21st percentile

-24%

Higher net margin than 21% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$40,135

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

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

Asset Growth

25th percentile

-34%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

16th percentile

-58%

Faster revenue growth than 16% of similar nonprofits.

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

Assets

Down

$261,994

Down $134,486 (-34%) from 2023

Liabilities

Down

$99,912

Down $58,666 (-37%) from 2023

Net Assets

Down

$162,082

Down $75,820 (-32%) from 2023

Revenue

Down

$318,652

Down $434,503 (-58%) from 2023

Expenses

Down

$394,472

Down $242,088 (-38%) from 2023

Net Income

Down

-$75,820

Down $192,415 (-165%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$200K$0-$200KAssets 2010: $9,350Net Assets 2010: $9,3502010Assets 2011: $25,673Liabilities 2011: $181Net Assets 2011: $25,4922011Assets 2012: $133,166Liabilities 2012: $3,357Net Assets 2012: $129,8092012Assets 2013: $19,377Liabilities 2013: $6,094Net Assets 2013: $13,2832013Assets 2014: $92,164Liabilities 2014: $183Net Assets 2014: $91,9812014Assets 2015: $67,038Liabilities 2015: $02015Assets 2016: $71,696Net Assets 2016: $71,6962016Assets 2017: $53,469Net Assets 2017: $53,4692017Assets 2018: $53,413Liabilities 2018: $2,000Net Assets 2018: $51,4132018Assets 2019: $82,360Liabilities 2019: $2,550Net Assets 2019: $79,8102019Assets 2020: $113,605Liabilities 2020: $105,150Net Assets 2020: $8,4552020Assets 2021: $87,146Liabilities 2021: $101,772Net Assets 2021: -$14,6262021Assets 2022: $210,960Liabilities 2022: $50,854Net Assets 2022: $160,1062022Assets 2023: $396,480Liabilities 2023: $158,578Net Assets 2023: $237,9022023Assets 2024: $261,994Liabilities 2024: $99,912Net Assets 2024: $162,0822024

Highlighted filing

2024

Assets$261,994
Liabilities$99,912
Net Assets$162,082

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $76,879Expenses 2010: $73,862Net Income 2010: $3,0172010Revenue 2011: $173,878Expenses 2011: $157,736Net Income 2011: $16,1422011Expenses 2012: $148,1312012Revenue 2013: $154,351Expenses 2013: $272,229Net Income 2013: -$117,8782013Revenue 2014: $204,184Expenses 2014: $125,486Net Income 2014: $78,6982014Revenue 2015: $145,321Expenses 2015: $171,264Net Income 2015: -$25,9432015Revenue 2016: $127,204Expenses 2016: $122,546Net Income 2016: $4,6582016Revenue 2017: $162,370Expenses 2017: $180,597Net Income 2017: -$18,2272017Revenue 2018: $146,173Expenses 2018: $148,229Net Income 2018: -$2,0562018Revenue 2019: $199,415Expenses 2019: $171,018Net Income 2019: $28,3972019Revenue 2020: $97,839Expenses 2020: $169,194Net Income 2020: -$71,3552020Revenue 2021: $141,176Expenses 2021: $164,191Net Income 2021: -$23,0152021Revenue 2022: $432,566Expenses 2022: $257,834Net Income 2022: $174,7322022Revenue 2023: $753,155Expenses 2023: $636,560Net Income 2023: $116,5952023Revenue 2024: $318,652Expenses 2024: $394,472Net Income 2024: -$75,8202024

Highlighted filing

2024

Revenue$318,652
Expenses$394,472
Net Income-$75,820

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$1.00$1.62$3.19$3.94$0.76
2023Summary only. Only limited summary data is available for this year.$3.96$1.59$2.38$7.53$6.37$1.17
2022Summary only. Only limited summary data is available for this year.$2.11$0.51$1.60$4.33$2.58$1.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$1.02$0.15$1.41$1.64$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$1.05$0.08$0.98$1.69$0.71
2019Summary only. Only limited summary data is available for this year.$0.82$0.03$0.80$1.99$1.71$0.28
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.51$1.46$1.48$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.53$1.62$1.81$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.72$1.27$1.23$0.05
2015Summary only. Only limited summary data is available for this year.$0.67$0.00$1.45$1.71$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$2.04$1.25$0.79
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.06$0.13$1.54$2.72$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.03$1.30$1.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.25$1.74$1.58$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.09$0.77$0.74$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$318,652
Mission and Program Overview

Mission

Support arts and culture in rr community

To advance arts-focused initiatives for artists, entrepreneurs and residents, cultivating creative space within a sustainable roosevelt row arts district

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$305,087$173,350▼ $131,737
Accounts Receivable$3,824$38,050▲ $34,226
Prepaid Expenses and Deferred Charges$5,009$2,123▼ $2,886
Land, Buildings, and Equipment, Net$7,820$1,118▼ $6,702
Savings and Temporary Cash Investments$989$990▲ $1
Total Assets$396,480$261,994▼ $134,486
Other Assets Total$73,751$46,363▼ $27,388
Liabilities
Other Liabilities$146,309$95,211▼ $51,098
Accounts Payable and Accrued Expenses$12,269$4,701▼ $7,568
Total Liabilities$158,578$99,912▼ $58,666
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$237,902$162,082▼ $75,820
Total Net Assets Fund Balance$237,902$162,082▼ $75,820
Total Liabilities and Net Assets / Fund Balance$396,480$261,994▼ $134,486

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,118$45,801$46,919
Other Assets Org$43,363--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Adan MadrigalExecutive Director Until 3/21/24FT$40,135$40,135

Board Members and Trustees

NameTitle
Ruben AlonzoBoard Chair
Kell DuncanVice-chair
Carlos ManzanilloDirector
Cindy DachDirector
Diane HallerDirector
Eunique YazzieDirector
James NwobuDirector
Kendra LeeDirector
Megan SchmitzDirector
Vermon PierreDirector
Leah MarcheSecretary
Jessyca LeachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,323
Program Service Revenue
$288,329
Investment Income
$0
Other Revenue
$0
All Other Contributions
$16,323
Change in Net Assets
$-75,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$352,105
Salaries, Compensation, and Employee Benefits$41,026
Total Fundraising Expense$5,518
Grants and Similar Amounts Paid$1,341
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$231,768$7,599-$239,367
Occupancy$46,422$5,461$2,731$54,614
Current Officers, Directors, Trustees, and Key Employees$34,115$4,013$2,007$40,135
Fees for Services Other$6,100$12,379-$18,479
Fees for Services Accounting-$17,065-$17,065
Insurance-$7,567-$7,567
Depreciation Depletion$6,703--$6,703
Office Expenses$1,566$1,680$45$3,291
Fees for Services Legal-$2,537-$2,537
Information Technology$1,649$120$690$2,459
Grants to Domestic Orgs$1,341--$1,341
Payroll Taxes$757$89$45$891
Advertising-$20-$20
Travel-$3-$3
Total Functional Expenses$330,421$58,533$5,518$394,472
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fiscal Agent$73,176
Federal income taxes$22,035
Property Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
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, Section B, Line 11B

The board chair distributes a pdf copy of the 990 to all board members for review and comment prior to the return being filed.

Form 990, Part VI, Section B, Line 12C

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, Part VI, Section B, Line 15

The board may hire and compensate individuals for necessary services rendered to the organization so long as such compensation is reasonable. The board shall determine reasonable compensation amounts based upon compensation paid by similarly situated nonprofits for like services. The board may rely upon salary studies, as well as data regarding compensation paid by peer organizations of similar size to determine reasonable compensation. The terms of such compensation and information relied upon shall be recorded in writing. An individual who is a member of the board who receives compensation, directly or indirectly from the organization for services, is precluded from participating in discussions or votes pertaining to their own compensation. Currently, all directors are volunteers.

Form 990, Part VI, Section C, Line 19

The organization will provide, in a timely manner, governing documents, including its conflict of interest policy, when requested in writing or in person.

Filing and Contact Details

Filer

Filer Name
Roosevelt Row Community Development Corporation
EIN
20-5937475
Phone
6028295659
Address
918 N 2nd St, Phoenix, AZ 85004

Signing Officer

Name
Ruben Alonzo
Title
Chair
Phone
6028295659
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruben Alonzo
Formed
2007
Legal Domicile
Az
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
12

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan
Phone
6022302700
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD CHAIR DISTRIBUTES A PDF COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO THE RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY, THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MAY HIRE AND COMPENSATE INDIVIDUALS FOR NECESSARY SERVICES RENDERED TO THE ORGANIZATION SO LONG AS SUCH COMPENSATION IS REASONABLE. THE BOARD SHALL DETERMINE REASONABLE COMPENSATION AMOUNTS BASED UPON COMPENSATION PAID BY SIMILARLY SITUATED NONPROFITS FOR LIKE SERVICES. THE BOARD MAY RELY UPON SALARY STUDIES, AS WELL AS DATA REGARDING COMPENSATION PAID BY PEER ORGANIZATIONS OF SIMILAR SIZE TO DETERMINE REASONABLE COMPENSATION. THE TERMS OF SUCH COMPENSATION AND INFORMATION RELIED UPON SHALL BE RECORDED IN WRITING. AN INDIVIDUAL WHO IS A MEMBER OF THE BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY FROM THE ORGANIZATION FOR SERVICES, IS PRECLUDED FROM PARTICIPATING IN DISCUSSIONS OR VOTES PERTAINING TO THEIR OWN COMPENSATION. CURRENTLY, ALL DIRECTORS ARE VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE, IN A TIMELY MANNER, GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY, WHEN REQUESTED IN WRITING OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15

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