Civic Intelligence

Framingham Downtown Renaissance Inc

990EZ • Fiscal year 2018 • EIN 26-2634709

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 11, 2019

PO Box 227Framingham, MA 01704

(617) 470-5221

Siviq Scores

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

Liabilities / Assets

97th percentile

2.12x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

0.90x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

7th percentile

-59%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

94th percentile

158%

Faster asset growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

54th percentile

3.7%

Faster revenue growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Up

$47,225

Up $40,119 (+565%) from 2016

Net Assets

Down

-$52,775

Down $59,881 (-843%) from 2016

Liabilities

$100,000

No earlier filing loaded for comparison.

Revenue

Up

$111,343

Up $7,851 (+7.6%) from 2016

Expenses

Up

$177,334

Up $60,537 (+52%) from 2016

Net Income

Down

-$65,991

Down $52,686 (-396%) from 2016

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

2018

Assets$47,225
Liabilities$100,000
Net Assets-$52,775

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

2018

Revenue$111,343
Expenses$177,334
Net Income-$65,991
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 11, 2019
Return Version
2018v3.1
Gross Receipts
$111,343
Mission and Program Overview

Mission

To assist in the revitalization of downtown framingham

Program Services

DescriptionGrantsExpenses
TO ASSIST IN THE REVITALIZATION OF DOWNTOWN FRAMINGHAM$177,013-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL GATLINPresidentPT$0--
JULIE GINNClerkPT$0--
Phil AltmanTreasurerPT$0--
Marlene AronVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Framingham Downtown Inc
EIN
26-2634709
Phone
6174705221
Address
PO BOX 227, FRAMINGHAM, MA 01704

Signing Officer

Name
Michael Gatlin
Title
President
Signed
2019-09-11
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 $14394

Other Expenses.1005

Travel $563

Other Expenses.1008

Interest $321

Other Expenses.1012

Insurance $2422

Other Expenses.1

EVENTS EXP. $34999

Other Expenses.2

MARVAL'S MURAL $21500

Other Expenses.3

PURCHASES $7770

Other Expenses.4

EQUIPMENT $6047

Other Expenses.5

CONTRACT SERVICES $5690

Other Expenses.8

MEMBERSHIP FEES $125

Other Expenses.9

BANK CHARGES $50

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $100000

Raw XML Appendix186 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/OfficerDirectorTrusteeEmplGrp/PersonNm1JULIE GINN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt093881
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt01113
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt081640
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0177334
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IRS990EZ/TotalRevenueAmt0111343
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://WWW.FDRMS.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $14394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $563
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2422
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVENTS EXP. $34999
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MARVAL'S MURAL $21500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PURCHASES $7770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EQUIPMENT $6047
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTRACT SERVICES $5690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEMBERSHIP FEES $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK CHARGES $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $100000
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL GATLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRAMINGHAM DOWNTOWN INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAM
ReturnHeader/Filer/EIN0262634709
ReturnHeader/Filer/PhoneNum06174705221
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 227
ReturnHeader/Filer/USAddress/CityNm0FRAMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001704
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/ReturnTs02019-09-11T09:15:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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