Civic Intelligence

Downtown Franklin Association

990 • Fiscal year 2017 • EIN 26-0011687

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

120 S Main StFranklin, VA 23851

(757) 562-6900

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

70th percentile

19%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$265,227

Up $41,488 (+19%) from 2016

Net Assets

Up

$264,049

Up $41,016 (+18%) from 2016

Liabilities

Up

$1,178

Up $472 (+67%) from 2016

Revenue

Up

$267,559

Up $81,356 (+44%) from 2016

Expenses

Up

$226,543

Up $38,887 (+21%) from 2016

Net Income

Up

$41,016

Up $42,469 (+2923%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $237,588Liabilities 2012: $15,663Net Assets 2012: $221,9252012Assets 2013: $233,399Liabilities 2013: $11,599Net Assets 2013: $221,8002013Assets 2014: $238,684Liabilities 2014: $7,574Net Assets 2014: $231,1102014Assets 2015: $228,134Liabilities 2015: $3,648Net Assets 2015: $224,4862015Assets 2016: $223,739Liabilities 2016: $706Net Assets 2016: $223,0332016Assets 2017: $265,227Liabilities 2017: $1,178Net Assets 2017: $264,0492017Assets 2018: $236,695Liabilities 2018: $901Net Assets 2018: $235,7942018Assets 2019: $205,334Liabilities 2019: $847Net Assets 2019: $204,4872019Assets 2020: $197,366Liabilities 2020: $695Net Assets 2020: $196,6712020Assets 2021: $178,609Liabilities 2021: $4,336Net Assets 2021: $174,2732021Assets 2022: $127,657Net Assets 2022: $127,6572022Assets 2023: $113,998Net Assets 2023: $113,9982023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$265,227
Liabilities$1,178
Net Assets$264,049

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2012: $216,9772012Expenses 2013: $201,5792013Revenue 2014: $207,766Expenses 2014: $198,456Net Income 2014: $9,3102014Revenue 2015: $185,448Expenses 2015: $192,072Net Income 2015: -$6,6242015Revenue 2016: $186,203Expenses 2016: $187,656Net Income 2016: -$1,4532016Revenue 2017: $267,559Expenses 2017: $226,543Net Income 2017: $41,0162017Revenue 2018: $221,371Expenses 2018: $249,626Net Income 2018: -$28,2552018Revenue 2019: $201,572Expenses 2019: $232,879Net Income 2019: -$31,3072019Revenue 2020: $172,782Expenses 2020: $180,598Net Income 2020: -$7,8162020Revenue 2021: $122,415Expenses 2021: $144,813Net Income 2021: -$22,3982021Revenue 2022: -$974Expenses 2022: $45,642Net Income 2022: -$46,6162022Revenue 2023: $2,958Expenses 2023: $16,617Net Income 2023: -$13,6592023Revenue 2024: $393Expenses 2024: $45,391Net Income 2024: -$44,9982024

Highlighted filing

2017

Revenue$267,559
Expenses$226,543
Net Income$41,016
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$270,912
Mission and Program Overview

Mission

To promote the historic district of franklin, va from an economic and aesthetic standpoint.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$172,553$165,045▼ $7,508
Savings and Temporary Cash Investments$41,650$97,047▲ $55,397
Cash and Non-Interest-Bearing Accounts$9,536$3,135▼ $6,401
Total Assets$223,739$265,227▲ $41,488
Liabilities
Other Liabilities$706$1,178▲ $472
Total Liabilities$706$1,178▲ $472
Net Assets / Fund Balance
Unrestricted Net Assets$223,033$264,049▲ $41,016
Total Net Assets Fund Balance$223,033$264,049▲ $41,016
Total Liabilities and Net Assets / Fund Balance$223,739$265,227▲ $41,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$161,637$28,885$190,522
Other Land Buildings-$40,670$40,670
Equipment$3,408$24,927$28,335
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bevery MyersPresident
Adam FoxwellDirector
Ashley CottonDirector
Beneta CofieldDirector
Bobby TylerDirector
Cheryl SteppDirector
David PriceDirector
Frank RabilDirector
Harper ThompsonDirector
Jerry GrizzardDirector
Jim WrightDirector
Roberta BowmanDirector
Dan HoweExecutive Di
Jackie NewsomeSecretary
Victor StoryTreasurer
Juanita RichardsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$186,828
Program Service Revenue
$80,634
Investment Income
$174
Other Revenue
$-77
All Other Contributions
$84,500
Change in Net Assets
$41,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,918
Grants and Similar Amounts Paid$19,052
Salaries, Compensation, and Employee Benefits$15,573
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$21,614$48,921-$21,614
All Other Expenses$8,831$12,450-$21,281
Grants to Domestic Orgs$19,052--$19,052
Advertising$16,987--$16,987
Other Salaries and Wages$7,233$7,233-$14,466
Depreciation Depletion$7,419$89-$7,508
Occupancy$5,021--$5,021
Insurance$2,969--$2,969
Fees for Services Accounting-$2,085-$2,085
Conferences and Meetings-$2,043-$2,043
Office Expenses$703$704-$1,407
Payroll Taxes$553$554-$1,107
Fees for Services Legal-$150-$150
Total Functional Expenses$152,314$74,229$0$226,543
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Franklin Seafood & Steak HouseFranklin, VA-Business Development$5,208
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
Payroll Liabilities$1,178
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
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, Page 6, Part VI, Line 11B

Governing body will review form 990 during the annual board meeting.

Form 990, Page 6, Part VI, Line 15A

The compensation for the executive director is determined by the city of franklin, va and is included as a part of the funding received from the city, however he is an employee of the city of franklin and the payroll is not reflected as part of this return.

Form 990, Page 6, Part VI, Line 15B

There are no other compensated officers or key employees besides the director.

Form 990, Page 6, Part VI, Line 19

Copies of governing documents made upon request.

Filing and Contact Details

Filer

Filer Name
Downtown Franklin Association
EIN
26-0011687
Phone
7575626900
Address
120 S MAIN ST, FRANKLIN, VA 23851

Signing Officer

Name
Dan Howe
Title
Executive Director
Phone
7575626900
Signed
2017-11-15

Organization Details

Principal Officer
Dan Howe
Formed
2001
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
28

Preparer

Firm
Burgess & Co Pc Cpas
Address
PO BOX 634, FRANKLIN, VA 23851
Preparer
Julie C Griggs CPA
Phone
7575698156
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Establish consensus and cooperation by building effective partnerships among all downtown stakeholders.

Raw XML AppendixShowing 400 of 476 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE THE HISTORIC DISTRICT OF FRANKLIN, VA FROM AN ECONOMIC AND AESTHETIC STANDPOINT.
IRS990/AdvertisingGrp/ProgramServicesAmt016987
IRS990/AdvertisingGrp/TotalAmt016987
IRS990/AllOtherContributionsAmt084500
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012450
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08831
IRS990/AllOtherExpensesGrp/TotalAmt021281
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0DAN HOWE
IRS990/BooksInCareOfDetail/PhoneNum07575626900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 S MAIN ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023851
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09536
IRS990/CashNonInterestBearingGrp/EOYAmt03135
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02043
IRS990/ConferencesMeetingsGrp/TotalAmt02043
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt03353
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0186828
IRS990/CYGrantsAndSimilarPaidAmt019052
IRS990/CYInvestmentIncomeAmt0174
IRS990/CYOtherExpensesAmt0191918
IRS990/CYOtherRevenueAmt0-77
IRS990/CYProgramServiceRevenueAmt080634
IRS990/CYRevenuesLessExpensesAmt041016
IRS990/CYSalariesCompEmpBnftPaidAmt015573
IRS990/CYTotalExpensesAmt0226543
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0267559
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt089
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07419
IRS990/DepreciationDepletionGrp/TotalAmt07508
IRS990/Desc0ENHANCE THE UNIQUE VISUAL QUALITY OF DOWNTOWN FRANKLIN, VA BY ADDRESSING ALL DESIGN ELEMENTS TO CREATE AN APPEALING ENVIRONMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt022010
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02085
IRS990/FeesForServicesAccountingGrp/TotalAmt02085
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0150
IRS990/FeesForServicesLegalGrp/TotalAmt0150
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt126.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt133.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt143.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERTA BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1BENETA COFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm2ASHLEY COTTON
IRS990/Form990PartVIISectionAGrp/PersonNm3ADAM FOXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm4JERRY GRIZZARD
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK RABIL
IRS990/Form990PartVIISectionAGrp/PersonNm7CHERYL STEPP
IRS990/Form990PartVIISectionAGrp/PersonNm8HARPER THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JIM WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm10BOBBY TYLER
IRS990/Form990PartVIISectionAGrp/PersonNm11DAN HOWE
IRS990/Form990PartVIISectionAGrp/PersonNm12BEVERY MYERS
IRS990/Form990PartVIISectionAGrp/PersonNm13JUANITA RICHARDS
IRS990/Form990PartVIISectionAGrp/PersonNm14VICTOR STORY
IRS990/Form990PartVIISectionAGrp/PersonNm15JACKIE NEWSOME
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0102328
IRS990/GrantAmt019052
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt019052
IRS990/GrantsToDomesticOrgsGrp/TotalAmt019052
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0270912
IRS990/GrossSalesOfInventoryAmt03276
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02969
IRS990/InsuranceGrp/TotalAmt02969
IRS990/InvestmentIncomeGrp/ExclusionAmt0174
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0174
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt094482
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0172553
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0165045
IRS990/LandBldgEquipCostOrOtherBssAmt0259527
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE THE HISTORIC DISTRICT OF FRANKLIN, VA FROM AN ECONOMIC AND AESTHETIC STANDPOINT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0223033
IRS990/NetAssetsOrFundBalancesEOYAmt0264049
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-77
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-77
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt05021
IRS990/OccupancyGrp/TotalAmt05021
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0704
IRS990/OfficeExpensesGrp/ProgramServicesAmt0703
IRS990/OfficeExpensesGrp/TotalAmt01407
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LEASED EMPLOYEE EXPENSE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc3ADMIN OF STARTUP DOWNTOWN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt048921
IRS990/OtherExpensesGrp/ProgramServicesAmt016307
IRS990/OtherExpensesGrp/ProgramServicesAmt124005
IRS990/OtherExpensesGrp/ProgramServicesAmt221620
IRS990/OtherExpensesGrp/ProgramServicesAmt321614
IRS990/OtherExpensesGrp/TotalAmt065228
IRS990/OtherExpensesGrp/TotalAmt124005
IRS990/OtherExpensesGrp/TotalAmt221620
IRS990/OtherExpensesGrp/TotalAmt321614
IRS990/OtherLiabilitiesGrp/BOYAmt0706
IRS990/OtherLiabilitiesGrp/EOYAmt01178
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07233
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07233
IRS990/OtherSalariesAndWagesGrp/TotalAmt014466
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0554
IRS990/PayrollTaxesGrp/ProgramServicesAmt0553
IRS990/PayrollTaxesGrp/TotalAmt01107
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAN HOWE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0SUMMER CONCERTS
IRS990/ProgramServiceRevenueGrp/Desc1FALL FESTIVAL
IRS990/ProgramServiceRevenueGrp/Desc2OTHER EVENTS
IRS990/ProgramServiceRevenueGrp/Desc3CHRISTMAS PARADE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052652
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120439
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26872
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052652
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120439
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3671
IRS990/ProgSrvcAccomActy2Grp/Desc0CREATE AND MARKET A POSITIVE IMAGE BASED ON THE UNIQUE ATTRIBUTES OF THE DOWNTOWN DISTRICT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022447
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt052652
IRS990/ProgSrvcAccomActy3Grp/Desc0STRENGTHEN DOWNTOWN'S EXISTING ECONOMIC ASSETS AND FULFILLING ITS BROADEST MARKET POTENTIAL.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0107857
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt027982
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ESTABLISH CONSENSUS AND COOPERATION BY BUILDING EFFECTIVE PARTNERSHIPS AMONG ALL DOWNTOWN STAKEHOLDERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0119297
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt09474
IRS990/PYInvestmentIncomeAmt0164
IRS990/PYOtherExpensesAmt0163535
IRS990/PYOtherRevenueAmt0476
IRS990/PYProgramServiceRevenueAmt066266
IRS990/PYRevenuesLessExpensesAmt0-1453
IRS990/PYSalariesCompEmpBnftPaidAmt014647
IRS990/PYTotalExpensesAmt0187656
IRS990/PYTotalRevenueAmt0186203
IRS990/ReconcilationRevenueExpnssAmt041016
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt041650
IRS990/SavingsAndTempCashInvstGrp/EOYAmt097047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0134500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt071000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt083094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt075778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0427372
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt030000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0775
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt083910
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91610
IRS990ScheduleA/PublicSupportPY170Pct00.89710
IRS990ScheduleA/PublicSupportTotal170Amt0704362
IRS990ScheduleA/SubstantialContributorsTotAmt031246
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt052328
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt056297
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt051793
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt059081
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt058737
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0278236
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0192828
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0128793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0148175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140515
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0735608
IRS990ScheduleA/TotalSupportAmt0768856
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt032473
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt032473
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0161637
IRS990ScheduleD/BuildingsGrp/DepreciationAmt028885
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0190522
IRS990ScheduleD/EquipmentGrp/BookValueAmt03408
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024927
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028335
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040670
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01178
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0165045
IRS990ScheduleD/TotalLiabilityAmt01178
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt05208
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BUSINESS DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FRANKLIN SEAFOOD & STEAK HOUSE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0103 N MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FRANKLIN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023851
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DOMESTIC ORGANIZATION GRANTS - GRANTEES ARE REQUIRED TO PROVIDE DOCUMENTATION OF ELIGIBLE COSTS PRIOR TO ORGANIZATION PAYING ANY GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ESTABLISH CONSENSUS AND COOPERATION BY BUILDING EFFECTIVE PARTNERSHIPS AMONG ALL DOWNTOWN STAKEHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING BODY WILL REVIEW FORM 990 DURING THE ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE CITY OF FRANKLIN, VA AND IS INCLUDED AS A PART OF THE FUNDING RECEIVED FROM THE CITY, HOWEVER HE IS AN EMPLOYEE OF THE CITY OF FRANKLIN AND THE PAYROLL IS NOT REFLECTED AS PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES BESIDES THE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF GOVERNING DOCUMENTS MADE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings