Civic Intelligence

Eden Downtown Development Inc.

990EZ • Fiscal year 2021 • EIN 26-0635995

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 11, 2021

PO Box 70Eden, NC 27289-0070

(336) 612-8034

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

83rd percentile

47%

Higher net margin than 83% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Asset Growth

96th percentile

910%

Faster asset growth than 96% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

43%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,253

Up $2,030 (+910%) from 2020

Net Assets

Up

$2,253

Up $2,030 (+910%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$4,295

Up $1,295 (+43%) from 2020

Expenses

Down

$2,265

Down $2,265 (-50%) from 2020

Net Income

Up

$2,030

Up $3,560 (+233%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0K$4.0K$2.0K$0Assets 2019: $1,753Net Assets 2019: $1,7532019Assets 2020: $223Net Assets 2020: $2232020Assets 2021: $2,253Net Assets 2021: $2,2532021Assets 2022: $3,305Net Assets 2022: $3,3052022Assets 2023: $4,206Net Assets 2023: $4,2062023

Highlighted filing

2021

Assets$2,253
Liabilities-
Net Assets$2,253

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2019: $10,398Expenses 2019: $13,600Net Income 2019: -$3,2022019Revenue 2020: $3,000Expenses 2020: $4,530Net Income 2020: -$1,5302020Revenue 2021: $4,295Expenses 2021: $2,265Net Income 2021: $2,0302021Revenue 2022: $28,000Expenses 2022: $26,948Net Income 2022: $1,0522022Revenue 2023: $3,000Expenses 2023: $2,099Net Income 2023: $9012023

Highlighted filing

2021

Revenue$4,295
Expenses$2,265
Net Income$2,030
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$4,295
Mission and Program Overview

Mission

The mission of eden downtown development corporation is to promote the historic perservation, protection, and use of eden's traditional dowtown areas, including the areas' commerical enterprises and residences and to take remedial actions to eliminate the physical, economic, and social welfare while lessening the burdens of eden's traditional downtown areas and thereby promote eden's historic preservation, contribute to its community betterment and enhance the social walfare while lessening the burdens of eden's government.

Program Services

DescriptionGrantsExpenses
THE EDEN DOWNTOWN DEVELOPMENT IS ORGANIZED FOR THE PURPOSE OF ELIMINATING THE PHYSICAL, ECONOMIC, AND SOCIAL DETERIORATION OF EDEN'S TRADITIONAL DOWNTOWN AREAS.$1,295$1,295
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE QUICKELChairman-$0--
TOM BARBOURSecretary-$0--
SANDRA MEADOWSTreasurer-$0--
RANDY HUNTExecutive Di-$0--
CINDY ADAMSAssistant Di-$0--
PHIL HUNNICUTTBoard Member-$0--
RHONDA PRICEBoard Member-$0--
DEBBIE ELLISBoard Member-$0--
FAYE SHELTONBoard Member-$0--
GLENN DENNYBoard Member-$0--
ASHLEY LATHAMBoard Member-$0--
BARRY CARTERBoard Member-$0--
LINDA WYATTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Eden Downtown Development Inc
EIN
26-0635995
Phone
3366128034
Address
PO BOX 70, EDEN, NC 27289-0070

Signing Officer

Name
Randy Hunt
Title
Executive Director
Phone
3366128034
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Barham & Associates Cpas Pc
Address
PO BOX 899, EDEN, NC 27289-0899
Preparer
R Scott Barham CPA
Phone
3366232151
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 500 dues 175 total 675

Form 990-ez, Part III

The mission of eden downtown development corporation is to promote the historic perservation, protection, and use of eden's traditional dowtown areas, including the areas' commerical enterprises and residences and to take remedial actions to eliminate the physical, economic, and social welfare while lessening the burdens of eden's traditional downtown areas and thereby promote eden's historic preservation, contribute to its community betterment and enhance the social walfare while lessening the burdens of eden's government.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 500 DUES 175 TOTAL 675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MISSION OF EDEN DOWNTOWN DEVELOPMENT CORPORATION IS TO PROMOTE THE HISTORIC PERSERVATION, PROTECTION, AND USE OF EDEN'S TRADITIONAL DOWTOWN AREAS, INCLUDING THE AREAS' COMMERICAL ENTERPRISES AND RESIDENCES AND TO TAKE REMEDIAL ACTIONS TO ELIMINATE THE PHYSICAL, ECONOMIC, AND SOCIAL WELFARE WHILE LESSENING THE BURDENS OF EDEN'S TRADITIONAL DOWNTOWN AREAS AND THEREBY PROMOTE EDEN'S HISTORIC PRESERVATION, CONTRIBUTE TO ITS COMMUNITY BETTERMENT AND ENHANCE THE SOCIAL WALFARE WHILE LESSENING THE BURDENS OF EDEN'S GOVERNMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RANDY HUNT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03366128034
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
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ReturnHeader/Filer/EIN0260635995
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R SCOTT BARHAM CPA
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ReturnHeader/TaxPeriodBeginDt02020-07-01
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ReturnHeader/TaxYr02020

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