Civic Intelligence

Downtown Bordentown Association Inc

EIN 22-3461020 • 501(c)6 • Bordentown, NJ

Profile

Promotion of the Bordentown City business district

PO Box 686Bordentown, NJ 08505

www.downtownbordentown.com

Siviq Scores

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

Liabilities / Assets

99th percentile

4.82x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.64x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-88%

Higher net margin than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

11th percentile

-67%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

-3.1%

Faster revenue growth than 45% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,556

Down $7,066 (-67%) from 2023

Liabilities

Up

$17,154

Up $16,660 (+3372%) from 2023

Net Assets

Down

-$13,598

Down $23,726 (-234%) from 2023

Revenue

Down

$26,840

Down $857 (-3.1%) from 2023

Expenses

Up

$50,566

Up $21,512 (+74%) from 2023

Net Income

Down

-$23,726

Down $22,369 (-1648%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20K$10K$0-$10K-$20KAssets 2011: $13,435Liabilities 2011: $02011Assets 2012: $12,595Liabilities 2012: $02012Assets 2013: $9,877Liabilities 2013: $02013Assets 2014: $6,499Liabilities 2014: $02014Assets 2016: $10,622Net Assets 2016: $10,6222016Assets 2017: $208Liabilities 2017: $5,367Net Assets 2017: -$5,1592017Assets 2018: $3,720Liabilities 2018: $3,275Net Assets 2018: $4452018Assets 2019: $8,411Liabilities 2019: $0Net Assets 2019: $8,4112019Assets 2021: $6,351Liabilities 2021: $216Net Assets 2021: $6,1352021Assets 2022: $11,952Liabilities 2022: $467Net Assets 2022: $11,4852022Assets 2023: $10,622Liabilities 2023: $494Net Assets 2023: $10,1282023Assets 2024: $3,556Liabilities 2024: $17,154Net Assets 2024: -$13,5982024

Highlighted filing

2024

Assets$3,556
Liabilities$17,154
Net Assets-$13,598

Operations Trend

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $31,249Expenses 2011: $33,667Net Income 2011: -$2,4182011Revenue 2012: $25,126Expenses 2012: $25,966Net Income 2012: -$8402012Revenue 2013: $28,662Expenses 2013: $31,380Net Income 2013: -$2,7182013Revenue 2014: $20,607Expenses 2014: $23,985Net Income 2014: -$3,3782014Revenue 2016: $32,291Expenses 2016: $38,643Net Income 2016: -$6,3522016Revenue 2017: $21,554Expenses 2017: $37,335Net Income 2017: -$15,7812017Revenue 2018: $47,330Expenses 2018: $41,726Net Income 2018: $5,6042018Revenue 2019: $35,662Expenses 2019: $27,696Net Income 2019: $7,9662019Revenue 2021: $11,784Expenses 2021: $18,423Net Income 2021: -$6,6392021Revenue 2022: $27,185Expenses 2022: $21,835Net Income 2022: $5,3502022Revenue 2023: $27,697Expenses 2023: $29,054Net Income 2023: -$1,3572023Revenue 2024: $26,840Expenses 2024: $50,566Net Income 2024: -$23,7262024

Highlighted filing

2024

Revenue$26,840
Expenses$50,566
Net Income-$23,726

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$67,459
Mission and Program Overview

Mission

Promotion of the Bordentown City business district

Program Services

DescriptionGrantsExpenses
The Cranberry Fest annually draws nearly 25,000 people from all over the region so they could discover Bordentown City as agreat place to shop, dine & have fun.-$31,154
The DBA sponsored other events such as the Chocolate Walk,1st Fridays and Taste of Bordentown as a way to promote Bordentown City-$9,465
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Neil SanderPresidentPT$0--
James HeupelVice PresidentPT$0--
Cathy J MugaveroTreasurerPT$0--
Doug PalmieriSecretaryPT$0--
Lora Noller AmatoBoard MemberPT$0--
George XuerubBoard Member-$0--
Zack MelkerBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cranberry Festival$25,005$25,005$19,761$5,244
Taste of Bordentown$14,701$14,701$1,880$12,821
Total Events$39,706$39,706$33,034$6,672
Filing and Contact Details

Filer

Filer Name
Downtown Bordentown Association Inc
EIN
22-3461020
Phone
6092910859
Address
PO Box 686, Bordentown, NJ 08505

Signing Officer

Name
Cathy J Mugavero
Title
Treasurer
Phone
6092910859
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Mouhcine Sghir CPA
Address
5 Crosswicks St, Bordentown, NJ 08505
Preparer
Mouhcine Sghir
Phone
6092988229
Supplemental Narrative

Additional Explanations

Pt V, Line 35B

No unrelated business income

Form 990EZ, Part I, Line 8

Brochure 10713.

Form 990EZ, Part I, Line 8

Other 4543.

Form 990EZ, Part I, Line 16

Brochure 8426.

Form 990EZ, Part I, Line 16

Bordentown Bucks 120.

Form 990EZ, Part I, Line 16

Donations 28.

Form 990EZ, Part I, Line 16

Other 375.

Form 990EZ, Part II, Line 24

Accounts Receivable 590.

Form 990EZ, Part II, Line 26

Accounts Payable 494. 17154.

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/BooksInCareOfDetail/USAddress/CityNm0Bordentown
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Neil Sander
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1James Heupel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cathy J Mugavero
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Doug Palmieri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Lora Noller Amato
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5George Xuerub
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Zack Melker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherExpensesTotalAmt08949
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031154
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt19465
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt026840
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IRS990EZ/WebsiteAddressTxt0www.downtownbordentown.com
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033034
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019761
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01880
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt09393
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt09393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No unrelated business income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Brochure 10713.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other 4543.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Brochure 8426.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bordentown Bucks 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Donations 28.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other 375.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Receivable 590.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable 494. 17154.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 35b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Cathy J Mugavero
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06092910859
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Downtown Bordentown Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0223461020
ReturnHeader/Filer/PhoneNum06092910859
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 686
ReturnHeader/Filer/USAddress/CityNm0Bordentown
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008505
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874133475
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mouhcine Sghir CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05 Crosswicks St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bordentown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008505
ReturnHeader/PreparerPersonGrp/PhoneNum06092988229
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mouhcine Sghir
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-22T08:15:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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