Civic Intelligence

The Downtown Foundation Inc

990EZ • Fiscal year 2022 • EIN 27-1663969

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 02, 2023

Four Corners Center 217 S Church StBowling Green, OH 43402

(419) 354-4332

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

50th percentile

4.6%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

51st percentile

1.7%

Faster asset growth than 51% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

8.3%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$343,360

Up $5,722 (+1.7%) from 2021

Net Assets

Up

$341,360

Up $5,722 (+1.7%) from 2021

Liabilities

Flat

$2,000

Flat from 2021

Revenue

Up

$125,098

Up $9,555 (+8.3%) from 2021

Expenses

Up

$119,376

Up $52,959 (+80%) from 2021

Net Income

Down

$5,722

Down $43,404 (-88%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $367,842Liabilities 2017: $0Net Assets 2017: $367,8422017Assets 2018: $277,524Net Assets 2018: $277,5242018Assets 2019: $274,978Liabilities 2019: $1,675Net Assets 2019: $273,3032019Assets 2020: $288,581Liabilities 2020: $2,069Net Assets 2020: $286,5122020Assets 2021: $337,638Liabilities 2021: $2,000Net Assets 2021: $335,6382021Assets 2022: $343,360Liabilities 2022: $2,000Net Assets 2022: $341,3602022Assets 2023: $294,768Liabilities 2023: $2,000Net Assets 2023: $292,7682023Assets 2024: $406,056Liabilities 2024: $2,000Net Assets 2024: $404,0562024

Highlighted filing

2022

Assets$343,360
Liabilities$2,000
Net Assets$341,360

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $374,854Expenses 2017: $21,114Net Income 2017: $353,7402017Revenue 2018: $81,088Expenses 2018: $171,406Net Income 2018: -$90,3182018Revenue 2019: $50,201Expenses 2019: $54,422Net Income 2019: -$4,2212019Revenue 2020: $67,423Expenses 2020: $54,214Net Income 2020: $13,2092020Revenue 2021: $115,543Expenses 2021: $66,417Net Income 2021: $49,1262021Revenue 2022: $125,098Expenses 2022: $119,376Net Income 2022: $5,7222022Revenue 2023: $50,277Expenses 2023: $98,869Net Income 2023: -$48,5922023Revenue 2024: $171,565Expenses 2024: $60,277Net Income 2024: $111,2882024

Highlighted filing

2022

Revenue$125,098
Expenses$119,376
Net Income$5,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$125,098
Mission and Program Overview

Mission

Maintenance beautification of downtown bg

Program Services

DescriptionGrantsExpenses
YEAR AROUND BEAUTIFICATION PROJECTS FOR DOWNTOWN BOWLING GREEN INCLUDING CONSTRUCTION OF GREEN SPACES, PURCHASE OF HOLIDAY LIGHTS/DECORATIONS, AND GENERAL IMPROVEMENT TO THE OVERALL AESTHETICS OF DOWNTOWN.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM CULBERTSONDirector-$0--
FLOYD CRAFTTreasurer-$0--
RANDALL ROBERTSSecretary-$0--
RICHARD NEWLOVEPresident-$0--
LARRY WEISSVice President-$0--
JUDY ENNISDirector-$0--
BECCA FERGUSONDirector-$0--
GREG HALAMAYDirector-$0--
MEGAN NEWLOVEDirector-$0--
COLLEEN SMITHDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Downtown Foundation Inc
EIN
27-1663969
Address
FOUR CORNERS CENTER 217 S CHURCH ST, Bowling Green, OH 43402

Signing Officer

Name
Richard Newlove
Title
President
Signed
2023-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Randall J Roberts CPA PC
Address
121 E Wooster St, Bowling Green, OH 43402
Preparer
Randall J Roberts
Phone
4193541612
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Depreciation 7,817

Form 990-EZ, Part I, Line 16, Other Expenses

BANK CHARGES 3

Form 990-EZ, Part I, Line 16, Other Expenses

OFFICE EXPENSE 476

Form 990-EZ, Part I, Line 16, Other Expenses

INSURANCE 750

Form 990-EZ, Part I, Line 16, Other Expenses

Rental management expense 1,701

Form 990-EZ, Part I, Line 16, Other Expenses

UTILITIES 2,490

Form 990-EZ, Part I, Line 16, Other Expenses

PROGRAM EXPENSE 95,496

Form 990-EZ, Part I, Line 16, Other Expenses

REAL ESTATE TAX 4,009

Form 990-EZ, Part I, Line 16, Other Expenses

ADVERTISING 5,000

Form 990-EZ, Part I, Line 16, Other Expenses

State registration fees 100

Form 990-EZ, Part I, Line 16, Other Expenses

Repairs and maintenance 159

Form 990-EZ, Part II, Line 26, Liabilities

SECURITY DEPOSITS Beginning of year 2,000, End of year 2,000

Raw XML Appendix179 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/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM CULBERTSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1FLOYD CRAFT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RANDALL ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD NEWLOVE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LARRY WEISS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JUDY ENNIS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GREG HALAMAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MEGAN NEWLOVE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9COLLEEN SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0118001
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IRS990EZ/ProgramServiceRevenueAmt05001
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/WebsiteAddressTxt0NONE
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IRS990ScheduleA/TotalSupportAmt0267176
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation 7,817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICE EXPENSE 476
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INSURANCE 750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RENTAL MANAGEMENT EXPENSE 1,701
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UTILITIES 2,490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROGRAM EXPENSE 95,496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7REAL ESTATE TAX 4,009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ADVERTISING 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9STATE REGISTRATION FEES 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REPAIRS AND MAINTENANCE 159
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SECURITY DEPOSITS Beginning of year 2,000, End of year 2,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD NEWLOVE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DOWNTOWN FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0271663969
ReturnHeader/Filer/USAddress/AddressLine1Txt0FOUR CORNERS CENTER 217 S CHURCH ST
ReturnHeader/Filer/USAddress/CityNm0Bowling Green
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341949933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Randall J Roberts CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0121 E Wooster St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bowling Green
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043402
ReturnHeader/PreparerPersonGrp/PhoneNum04193541612
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Randall J Roberts
ReturnHeader/ReturnTs02023-11-02T03:39:40-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEWLOVE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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