Civic Intelligence

Downtown Blackstone Inc.

990 • Fiscal year 2012 • EIN 20-8761491

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 13, 2013

107 West Broad Street23824
Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)3 • <$500k 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

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$11,347

Down $6,202 (-35%) from 2011

Net Assets

Down

$11,347

Down $6,202 (-35%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$93,472

Up $14,536 (+18%) 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.

$150K$100K$50K$0-$50KAssets 2010: $11,732Liabilities 2010: $0Net Assets 2010: $11,7322010Assets 2011: $17,549Liabilities 2011: $0Net Assets 2011: $17,5492011Assets 2012: $11,347Liabilities 2012: $0Net Assets 2012: $11,3472012Assets 2013: $9,878Liabilities 2013: $0Net Assets 2013: $9,8782013Assets 2014: $8,343Liabilities 2014: $0Net Assets 2014: $8,3432014Assets 2015: $7,511Liabilities 2015: $124Net Assets 2015: $7,3872015Assets 2016: $10,636Liabilities 2016: -$254Net Assets 2016: $10,8902016Assets 2017: $46,885Liabilities 2017: $24,366Net Assets 2017: $22,5192017Assets 2018: $40,851Liabilities 2018: $24,400Net Assets 2018: $16,4512018Assets 2019: $50,126Liabilities 2019: $25,592Net Assets 2019: $24,5342019Assets 2020: $73,750Liabilities 2020: $31,364Net Assets 2020: $42,3862020Assets 2021: $73,199Liabilities 2021: $32,382Net Assets 2021: $40,8172021Assets 2022: $74,011Liabilities 2022: $31,358Net Assets 2022: $42,6532022Assets 2023: $110,257Liabilities 2023: $25,001Net Assets 2023: $85,2562023

Highlighted filing

2012

Assets$11,347
Liabilities$0
Net Assets$11,347

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $59,7582010Revenue 2011: $84,753Expenses 2011: $78,936Net Income 2011: $5,8172011Expenses 2012: $93,4722012Revenue 2013: $80,704Expenses 2013: $81,310Net Income 2013: -$6062013Revenue 2014: $109,178Expenses 2014: $111,575Net Income 2014: -$2,3972014Revenue 2015: $75,300Expenses 2015: $76,256Net Income 2015: -$9562015Revenue 2016: $87,559Expenses 2016: $84,056Net Income 2016: $3,5032016Revenue 2017: $67,710Expenses 2017: $56,081Net Income 2017: $11,6292017Revenue 2018: $57,070Expenses 2018: $63,138Net Income 2018: -$6,0682018Revenue 2019: $68,229Expenses 2019: $60,146Net Income 2019: $8,0832019Revenue 2020: $56,613Expenses 2020: $38,761Net Income 2020: $17,8522020Revenue 2021: $98,716Expenses 2021: $100,285Net Income 2021: -$1,5692021Revenue 2022: $79,194Expenses 2022: $77,358Net Income 2022: $1,8362022Revenue 2023: $117,452Expenses 2023: $74,871Net Income 2023: $42,5812023

Highlighted filing

2012

Revenue-
Expenses$93,472
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 13, 2013
Return Version
2012v2.1
Gross Receipts
$87,269
Mission and Program Overview

Mission

Downtown blackstone, inc. Will provide leadership in developing and promoting downtown blackstone as an inviting place to visit and shop, a productive place to work and a profitable place to invest. We will accomplish this mission * through building partnerships and coalitions with merchants, property owners, developers and government entities; * through working to enhance and improve the look and feel of the downtown streetscape; and * through fostering vibrance that attracts development and redevelopment.these activities will resul in long-term sustaniable growth in the downtown business community.

Major Activities

Activity 2
Designthe design committee plays a key role in shaping the physical image of main street as a place attractive to shoppers, investors, business owners and visitors. To succeed this committee must persuade business owners, building owners and civic leaders to adopt a specific approach for physical improvements to buildings, businesses and public improvements. Specifically: * educating others about good design - enhancing the image of each business as well as that of the district; * providing good design advice - encouraging quality improvements to private properties and public spaces; * planning main streets development - guiding future growth and shaping regulations; * motivating others to make changes - creating incentives and targeting key projects.
Activity 3
Promotionsthe promotion committee has the job of promoting downtown as the center of commerce, culture and community life for residents and visitors alike. To be effective this committee must move beyond cookie-cutter downtown promotion ideas. Specifically: * understanding the changing market - identifying both potential shoppers and the competition; * identifying downtown assets - including people, buildings, heritage and institutions; * defining main streets market niche - its unique position in the marketplace; * creating new image campaigns, retail promotions and special events - these activities should be market driven and designed to bring people back to downtown.
Filing and Contact Details

Filer

EIN
20-8761491
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IRS990/Activity2/Description0DESIGNTHE DESIGN COMMITTEE PLAYS A KEY ROLE IN SHAPING THE PHYSICAL IMAGE OF MAIN STREET AS A PLACE ATTRACTIVE TO SHOPPERS, INVESTORS, BUSINESS OWNERS AND VISITORS. TO SUCCEED THIS COMMITTEE MUST PERSUADE BUSINESS OWNERS, BUILDING OWNERS AND CIVIC LEADERS TO ADOPT A SPECIFIC APPROACH FOR PHYSICAL IMPROVEMENTS TO BUILDINGS, BUSINESSES AND PUBLIC IMPROVEMENTS. SPECIFICALLY: * EDUCATING OTHERS ABOUT GOOD DESIGN - ENHANCING THE IMAGE OF EACH BUSINESS AS WELL AS THAT OF THE DISTRICT; * PROVIDING GOOD DESIGN ADVICE - ENCOURAGING QUALITY IMPROVEMENTS TO PRIVATE PROPERTIES AND PUBLIC SPACES; * PLANNING MAIN STREETS DEVELOPMENT - GUIDING FUTURE GROWTH AND SHAPING REGULATIONS; * MOTIVATING OTHERS TO MAKE CHANGES - CREATING INCENTIVES AND TARGETING KEY PROJECTS.
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IRS990/Activity3/Description0PROMOTIONSTHE PROMOTION COMMITTEE HAS THE JOB OF PROMOTING DOWNTOWN AS THE CENTER OF COMMERCE, CULTURE AND COMMUNITY LIFE FOR RESIDENTS AND VISITORS ALIKE. TO BE EFFECTIVE THIS COMMITTEE MUST MOVE BEYOND COOKIE-CUTTER DOWNTOWN PROMOTION IDEAS. SPECIFICALLY: * UNDERSTANDING THE CHANGING MARKET - IDENTIFYING BOTH POTENTIAL SHOPPERS AND THE COMPETITION; * IDENTIFYING DOWNTOWN ASSETS - INCLUDING PEOPLE, BUILDINGS, HERITAGE AND INSTITUTIONS; * DEFINING MAIN STREETS MARKET NICHE - ITS UNIQUE POSITION IN THE MARKETPLACE; * CREATING NEW IMAGE CAMPAIGNS, RETAIL PROMOTIONS AND SPECIAL EVENTS - THESE ACTIVITIES SHOULD BE MARKET DRIVEN AND DESIGNED TO BRING PEOPLE BACK TO DOWNTOWN.
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IRS990/ActivityOrMissionDescription0DOWNTOWN BLACKSTONE, INC. WILL PROVIDE LEADERSHIP IN DEVELOPING AND PROMOTING DOWNTOWN BLACKSTONE AS AN INVITING PLACE TO VISIT AND SHOP, A PRODUCTIVE PLACE TO WORK AND A PROFITABLE PLACE TO INVEST.WE WILL ACCOMPLISH THIS MISSION * THROUGH BUILDING PARTNERSHIPS AND COALITIONS WITH MERCHANTS, PROPERTY OWNERS, DEVELOPERS AND GOVERNMENT ENTITIES; * THROUGH WORKING TO ENHANCE AND IMPROVE THE LOOK AND FEEL OF THE DOWNTOWN STREETSCAPE; AND * THROUGH FOSTERING VIBRANCY THAT ATTRACTS DEVELOPMENT AND REDEVELOPMENT.THESE ACTIVITIES WILL RESULT IN LONG-TERM SUSTAINABLE GROWTH IN THE DOWNTOWN BUSINESS COMMUNITY.
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IRS990/Description0ECONOMIC RESTRUCTURINGTHE ECONOMIC RESTRUCTURING COMMITTEE HAS THE JOB OF IDENTIFYING NEW MARKET OPPORTUNITIES FOR THE TRADITIONAL COMMERCIAL DISTRICT, FINDING NEW USES FOR HISTORIC COMMERCIAL BUILDINGS AND STIMULATING INVESTMENT IN PROPERTY. TO SUCCEED, THIS COMMITTEE MUST DEVELOP A THOROUGH UNDERSTANDING OF THE COMMUNITY'S ECONOMIC CONDITION AND OPPORTUNITIES FOR INCREMENTAL MARKET GROWTH. SPECIFICALLY: * STRENGTHENING EXISTING BUSINESSES AND RECRUITING NEW ONES; * FINDING NEW ECONOMIC USES FOR TRADITIONAL MAIN STREET BUILDINGS; * DEVELOPING FINANCIAL INCENTIVES AND CAPITAL FOR BUILDING REHABILITATIONS AND BUSINESS DEVELOPMENT; * MONITORING THE ECONOMIC PERFORMANCE OF THE DISTRICT. * ECONOMIC RESTRUCTURING PLAN
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IRS990/MissionDescription0DOWNTOWN BLACKSTONE, INC. WILL PROVIDE LEADERSHIP IN DEVELOPING AND PROMOTING DOWNTOWN BLACKSTONE AS AN INVITING PLACE TO VISIT AND SHOP, A PRODUCTIVE PLACE TO WORK AND A PROFITABLE PLACE TO INVEST. WE WILL ACCOMPLISH THIS MISSION: * THROUGH BUILDING PARTNERSHIPS AND COALITIONS WITH MERCHANTS, PROPERTY OWNERS, DEVELOPERS AND GOVERNMENT ENTITIES; * THROUGH WORKING TO ENHANCE AND IMPROVE THE LOOK AND FEEL OF THE DOWNTOWN STREETSCAPE; AND * THROUGH FOSTERING VIBRANCY THAT ATTRACTS DEVELOPMENT AND REDEVELOPMENT.THESE ACTIVITIES WILL RESULT IN LONG-TERM SUSTAINABLE GROWTH IN THE DOWNTOWN BUSINESS COMMUNITY.
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IRS990ScheduleD/TotalOfBookValueLandBuildings055
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE EXECUTIVE DIRECTOR AND THE CHAIR REVIEWS THE RETURN BEFORE SIGNING AND FILING.
IRS990ScheduleO/GeneralExplanation/Explanation1THE TAX EXEMPT FORM 990 AND FORM 1023 WILL BE AVAILABLE AT THE ORGANIZATIONS OFFICE AND A COPY WILL BE PROVIDED UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATIONS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY CAN BE VIEWED AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0VA
IRS990/StatesWhereCopyOfReturnIsFiled0VA
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10110 SOUTH MAIN ST
IRS990/TheBooksAreInCareOf/AddressUS/City0BLACKSTONE
IRS990/TheBooksAreInCareOf/AddressUS/State0VA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode023824
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10BARBARA Y GIBBS & ASSOCAITES INC
IRS990/TheBooksAreInCareOf/TelephoneNumber04342980020
IRS990/TotalAssets/BOY017549
IRS990/TotalAssetsBOY017549
IRS990/TotalAssets/EOY011347
IRS990/TotalAssetsEOY011347
IRS990/TotalCompGT150K00
IRS990/TotalContributions061384
IRS990/TotalExpensesCurrentYear093472
IRS990/TotalExpensesPriorYear078936
IRS990/TotalFunctionalExpenses/Fundraising015549
IRS990/TotalFunctionalExpenses/ManagementAndGeneral014161
IRS990/TotalFunctionalExpenses/ProgramServices063762
IRS990/TotalFunctionalExpenses/Total093472
IRS990/TotalFundrsngExpCurrentYear015549
IRS990/TotalGrossUBI011
IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilitiesBOY00
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
IRS990/TotalLiabNetAssetsFundBalances/BOY017549
IRS990/TotalLiabNetAssetsFundBalances/EOY011347
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers030
IRS990/TotalNetAssetsFundBalances/BOY017549
IRS990/TotalNetAssetsFundBalances/EOY011347
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense063762
IRS990/TotalProgramServiceRevenue025874
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg040854
IRS990/TotalRevenueCurrentYear087269
IRS990/TotalRevenue/ExclusionAmount00
IRS990/TotalRevenuePriorYear084753
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome025874
IRS990/TotalRevenue/TotalRevenueColumn087269
IRS990/TotalRevenue/UnrelatedBusinessRevenue011
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ProgramServices01177
IRS990/Travel/Total01177
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UponRequest0X
IRS990/WebSite0DOWNTOWNBLACKSTONE.ORG
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02007
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0208761491
ReturnHeader/Filer/Name/BusinessNameLine10DOWNTOWN BLACKSTONE INC
ReturnHeader/Filer/NameControl0DOWN
ReturnHeader/Filer/Phone04342923041

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.25$0.85$1.17$0.75$0.43
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.31$0.43$0.79$0.77$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.32$0.41$0.99$1.00$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.74$0.31$0.42$0.57$0.39$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.26$0.25$0.68$0.60$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.24$0.16$0.57$0.63$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.24$0.23$0.68$0.56$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.88$0.84$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.07$0.75$0.76$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.09$1.12$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.81$0.81$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.93
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$0.18$0.85$0.79$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.60