Civic Intelligence

Framingham Downtown Renaissance Inc

990EZ • Fiscal year 2021 • EIN 26-2634709

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 17, 2022

12 Irving Street 205Framingham, MA 01702

(617) 470-5221

Siviq Scores

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

Liabilities / Assets

98th percentile

4.96x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

1.41x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

30th percentile

-3.8%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

96th percentile

$67,617

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 46.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

24th percentile

-12%

Faster asset growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

59%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$41,772

Down $5,520 (-12%) from 2020

Net Assets

Down

-$165,322

Down $5,520 (-3.5%) from 2020

Liabilities

Flat

$207,094

Flat from 2020

Revenue

Up

$146,474

Up $54,634 (+59%) from 2020

Expenses

Up

$151,994

Up $2,793 (+1.9%) from 2020

Net Income

Up

-$5,520

Up $51,841 (+90%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2011: $11,957Net Assets 2011: $11,9572011Assets 2012: $3,200Net Assets 2012: $3,2002012Assets 2013: $7,146Net Assets 2013: $7,1462013Assets 2014: $24,768Net Assets 2014: $24,7682014Assets 2015: $20,411Net Assets 2015: $20,4112015Assets 2016: $7,106Net Assets 2016: $7,1062016Assets 2018: $47,225Liabilities 2018: $100,000Net Assets 2018: -$52,7752018Assets 2019: $67,153Liabilities 2019: $169,594Net Assets 2019: -$102,4412019Assets 2020: $47,292Liabilities 2020: $207,094Net Assets 2020: -$159,8022020Assets 2021: $41,772Liabilities 2021: $207,094Net Assets 2021: -$165,3222021Assets 2022: $7,348Liabilities 2022: $169,594Net Assets 2022: -$162,2462022Assets 2023: $26,608Liabilities 2023: $105,636Net Assets 2023: -$79,0282023Assets 2024: $14,694Liabilities 2024: $18,155Net Assets 2024: -$3,4612024

Highlighted filing

2021

Assets$41,772
Liabilities$207,094
Net Assets-$165,322

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $31,952Expenses 2011: $30,536Net Income 2011: $1,4162011Revenue 2012: $64,610Expenses 2012: $73,367Net Income 2012: -$8,7572012Revenue 2013: $83,622Expenses 2013: $79,676Net Income 2013: $3,9462013Revenue 2014: $96,347Expenses 2014: $78,725Net Income 2014: $17,6222014Revenue 2015: $125,066Expenses 2015: $129,423Net Income 2015: -$4,3572015Revenue 2016: $103,492Expenses 2016: $116,797Net Income 2016: -$13,3052016Revenue 2018: $111,343Expenses 2018: $177,334Net Income 2018: -$65,9912018Revenue 2019: $111,272Expenses 2019: $160,938Net Income 2019: -$49,6662019Revenue 2020: $91,840Expenses 2020: $149,201Net Income 2020: -$57,3612020Revenue 2021: $146,474Expenses 2021: $151,994Net Income 2021: -$5,5202021Revenue 2022: $141,311Expenses 2022: $138,235Net Income 2022: $3,0762022Revenue 2023: $196,439Expenses 2023: $113,221Net Income 2023: $83,2182023Revenue 2024: $190,495Expenses 2024: $114,928Net Income 2024: $75,5672024

Highlighted filing

2021

Revenue$146,474
Expenses$151,994
Net Income-$5,520
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 17, 2022
Return Version
2021v4.0
Gross Receipts
$146,474
Mission and Program Overview

Mission

To assist in the revitalization of downtown framingham

Program Services

DescriptionGrantsExpenses
TO ASSIST IN THE REVITALIZATION OF DOWNTOWN FRAMINGHAM$11,809-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANTHONY LUCIVEROExecutive DirectorFT$67,617-$67,617
ANNE O'CONNELLPresidentPT$0--
LESLIE WHITE HARVEYVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Downtown Framingham Inc
EIN
26-2634709
Phone
6174705221
Address
12 IRVING STREET 205, FRAMINGHAM, MA 01702

Signing Officer

Name
ANNE O'CONNELL
Title
President
Signed
2022-03-17
Discuss with paid preparer
Yes

Preparer

Firm
Goldfarb Band & Company PC
Address
111 Speen St Ste 117, Framingham, MA 01701
Preparer
Robert a Band
Phone
5088723399
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $7848

Other Expenses.1009

Depreciation $1405

Other Expenses.1012

Insurance $1278

Other Expenses.1

OKTOBERFEST $6907

Other Expenses.2

EVENTS EXP. $4902

Other Expenses.3

REIMBURSEMENT $1308

Other Expenses.4

FACILIITIES $285

Other Expenses.5

PURCHASES $48

Other Expenses.6

STATE TAX $35

Other Assets.1003

Machinery and Equipment - Beginning $3513 Machinery and Equipment - Ending $2108

Total Liabilities.1002

Grants Payable - Beginning $200000 Grants Payable - Ending $200000

Total Liabilities.1

BURKIS SQUARE FUND - Beginning $7094 BURKIS SQUARE FUND - Ending $7094

Raw XML Appendix187 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05086560168
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRAMINGHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt043779
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IRS990EZ/GrossReceiptsAmt0146474
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-165322
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LESLIE WHITE HARVEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03513
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02108
IRS990EZ/OtherExpensesTotalAmt024016
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ASSIST IN THE REVITALIZATION OF DOWNTOWN FRAMINGHAM
IRS990EZ/ProgramServiceRevenueAmt010067
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ASSIST IN THE REVITALIZATION OF DOWNTOWN FRAMINGHAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011809
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0126728
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0207094
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0207094
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0151994
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IRS990EZ/TotalRevenueAmt0146474
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://WWW.FDRMS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0136407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt063459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089303
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt077537
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt098776
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0465482
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010067
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt012832
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0105046
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0570528
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0146474
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt089839
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0111268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0111339
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0111608
IRS990ScheduleA/Total509Grp/TotalAmt0570528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0146474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt089840
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0111272
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0111343
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0111610
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0570539
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $7848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $1405
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1278
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OKTOBERFEST $6907
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVENTS EXP. $4902
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REIMBURSEMENT $1308
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FACILIITIES $285
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PURCHASES $48
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8STATE TAX $35
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Machinery and Equipment - Beginning $3513 Machinery and Equipment - Ending $2108
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Grants Payable - Beginning $200000 Grants Payable - Ending $200000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BURKIS SQUARE FUND - Beginning $7094 BURKIS SQUARE FUND - Ending $7094
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNE O'CONNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN FRAMINGHAM INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0262634709
ReturnHeader/Filer/PhoneNum06174705221
ReturnHeader/Filer/USAddress/AddressLine1Txt012 IRVING STREET 205
ReturnHeader/Filer/USAddress/CityNm0FRAMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001702
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043278255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Goldfarb Band & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 Speen St Ste 117
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Framingham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001701
ReturnHeader/PreparerPersonGrp/PhoneNum05088723399
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT A BAND
ReturnHeader/ReturnTs02022-03-17T14:24:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OCONNELL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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