Civic Intelligence

Downcity Design

990 • Fiscal year 2019 • EIN 27-1125644

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 31, 2020

425 West Fountain StreetProvidence, RI 02903

(401) 952-8227

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.01x

Higher debt load relative to assets than 43% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

71st percentile

$60,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

7.5%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$430,785

Up $76,544 (+22%) from 2018

Net Assets

Up

$424,416

Up $76,238 (+22%) from 2018

Liabilities

Up

$6,369

Up $306 (+5.0%) from 2018

Revenue

Up

$566,093

Up $39,705 (+7.5%) from 2018

Expenses

Up

$489,855

Up $82,680 (+20%) from 2018

Net Income

Down

$76,238

Down $42,975 (-36%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $108,360Liabilities 2015: $4,259Net Assets 2015: $104,1012015Assets 2016: $170,291Liabilities 2016: $13,862Net Assets 2016: $156,4292016Assets 2017: $233,692Liabilities 2017: $4,727Net Assets 2017: $228,9652017Assets 2018: $354,241Liabilities 2018: $6,063Net Assets 2018: $348,1782018Assets 2019: $430,785Liabilities 2019: $6,369Net Assets 2019: $424,4162019Assets 2020: $784,547Liabilities 2020: $278,462Net Assets 2020: $506,0852020Assets 2021: $1,131,271Liabilities 2021: $259,038Net Assets 2021: $872,2332021Assets 2022: $1,506,630Liabilities 2022: $229,390Net Assets 2022: $1,277,2402022Assets 2023: $2,135,514Liabilities 2023: $253,504Net Assets 2023: $1,882,0102023Assets 2024: $2,598,585Liabilities 2024: $244,072Net Assets 2024: $2,354,5132024

Highlighted filing

2019

Assets$430,785
Liabilities$6,369
Net Assets$424,416

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2015: $248,364Expenses 2015: $178,030Net Income 2015: $70,3342015Revenue 2016: $271,059Expenses 2016: $218,731Net Income 2016: $52,3282016Revenue 2017: $397,217Expenses 2017: $324,681Net Income 2017: $72,5362017Revenue 2018: $526,388Expenses 2018: $407,175Net Income 2018: $119,2132018Revenue 2019: $566,093Expenses 2019: $489,855Net Income 2019: $76,2382019Revenue 2020: $570,899Expenses 2020: $489,230Net Income 2020: $81,6692020Revenue 2021: $835,344Expenses 2021: $469,196Net Income 2021: $366,1482021Revenue 2022: $929,354Expenses 2022: $524,347Net Income 2022: $405,0072022Revenue 2023: $1,057,990Expenses 2023: $453,220Net Income 2023: $604,7702023Revenue 2024: $1,180,576Expenses 2024: $708,073Net Income 2024: $472,5032024

Highlighted filing

2019

Revenue$566,093
Expenses$489,855
Net Income$76,238
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 31, 2020
Return Version
2018v3.1
Gross Receipts
$566,093
Mission and Program Overview

Mission

DownCity Design helps people design improvements to strengthen their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$213,420$284,733▲ $71,313
Accounts Receivable$112,836$122,087▲ $9,251
Land, Buildings, and Equipment, Net$24,541$19,684▼ $4,857
Prepaid Expenses and Deferred Charges$1,919$1,756▼ $163
Total Assets$354,241$430,785▲ $76,544
Other Assets Total$1,525$2,525▲ $1,000
Liabilities
Accounts Payable and Accrued Expenses$6,063$6,369▲ $306
Total Liabilities$6,063$6,369▲ $306
Net Assets / Fund Balance
Unrestricted Net Assets$288,658$357,117▲ $68,459
Temporarily Rstr Net Assets$59,520$67,299▲ $7,779
Total Net Assets Fund Balance$348,178$424,416▲ $76,238
Total Liabilities and Net Assets / Fund Balance$354,241$430,785▲ $76,544

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,471$15,293$26,764
Equipment$8,213$7,637$15,850
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Adrienne GagnonExecutive DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
Cynthia LanglykkePresident
Samuel ZippVice President
Ben WillisDirector
Caroline StevensDirector
Joelle KanterDirector
Robert VierraDirector
Steve DurkeeDirector
Sue BohorquezDirector
Bethany CostelloSecretary
Lynee ProdgerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$377,298
Program Service Revenue
$188,795
Investment Income
$0
Other Revenue
$0
All Other Contributions
$114,680
Change in Net Assets
$76,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$383,493
Other Expenses$106,362
Total Fundraising Expense$33,474
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$302,236$13,764$2,391$318,391
Current Officers, Directors, Trustees, and Key Employees$6,000$30,000$24,000$60,000
Occupancy$17,135$5,800$3,427$26,362
Insurance$6,533$2,541-$9,074
Depreciation Depletion$6,980$517-$7,497
Office Expenses-$3,767$1,940$5,707
Other Employee Benefits$3,752$842$508$5,102
All Other Expenses$1,902$645$903$3,450
Other Expenses$1,526$361$213$1,526
Advertising$369-$92$461
Travel$159--$159
Total Functional Expenses$391,688$64,693$33,474$489,855
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Part VI, Section B, line 11B

Finance committee reviews and approves the financial statements upon which the tax return is based.

Form 990, Part VI, Section B, line 12C

Board memebers sign a disclosure document annually

Form 990, Part VI, Section B, line 15

Compensation is based upon similar positions in similar size organizations

Form 990, Part VI, Section C, line 18

Available upon request

Form 990, Part VI, Section C, line 19

Avialable upon request in writing to the organization's mailing address

Filing and Contact Details

Filer

Filer Name
DownCity Design
EIN
27-1125644
Phone
4019528227
Address
425 West Fountain Street, Providence, RI 02903

Signing Officer

Name
Adrienne Gagnon
Title
Executive Director
Phone
4019528227
Signed
2020-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adrienne Gagnon
Formed
2010
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
55
Volunteers
90

Preparer

Firm
Aaronson Lavoie Streitfeld Diaz & Co PC
Address
1604 Broad Street, Cranston, RI 02905
Preparer
Adam Diaz
Phone
4012230205
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

DownCity Design is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for year ending June 30, 2019. The organization is generally no longer subject to examination by the Internal Revenue Service for years before fiscal year 2016.

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IRS990/Desc0In 2018/2019 DownCity Design served over 350 youth through our free in-school, after school, and summer design education programs in which young people designed and built new structures for public spaces. Students created 5 new amenities for community clients including Providence Public Schools, United Way of RI, Dorcas International Institute, and Audubon Society of RI. Our programs help to develop students' critical thinking, creative problem solving, and STEAM skills, all of which have been deemed crucial skills for an effective 21st century workforce.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0243069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0185718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0246308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01383841
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0626489
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90740
IRS990ScheduleA/PublicSupportPY170Pct00.72370
IRS990ScheduleA/PublicSupportTotal170Amt01255751
IRS990ScheduleA/SubstantialContributorsTotAmt0128090
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0377298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0331448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0243069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0185718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0246308
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01383841
IRS990ScheduleA/TotalSupportAmt01383841
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt08213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07637
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015850
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011471
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015293
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026764
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DownCity Design is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for year ending June 30, 2019. The organization is generally no longer subject to examination by the Internal Revenue Service for years before fiscal year 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019684
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Finance committee reviews and approves the financial statements upon which the tax return is based.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board memebers sign a disclosure document annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is based upon similar positions in similar size organizations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Avialable upon request in writing to the organization's mailing address
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt0430785
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0377298
IRS990/TotalEmployeeCnt055
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033474
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064693
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0391688
IRS990/TotalFunctionalExpensesGrp/TotalAmt0489855
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06063
IRS990/TotalLiabilitiesEOYAmt06369
IRS990/TotalLiabilitiesGrp/BOYAmt06063
IRS990/TotalLiabilitiesGrp/EOYAmt06369
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0348178
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0424416
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0391688
IRS990/TotalProgramServiceRevenueAmt0188795
IRS990/TotalReportableCompFromOrgAmt060000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0188795
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0566093
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt090
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0354241
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0430785
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0159
IRS990/TravelGrp/TotalAmt0159
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0288658
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0357117
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0425 West Fountain Street
IRS990/USAddress/CityNm0Providence
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002903
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.downcitydesign.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Adrienne Gagnon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04019528227
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DownCity Design
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0271125644
ReturnHeader/Filer/PhoneNum04019528227
ReturnHeader/Filer/USAddress/AddressLine1Txt0425 West Fountain Street
ReturnHeader/Filer/USAddress/CityNm0Providence
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002903

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