Civic Intelligence

Hamilton Downtown Association

990EZ • Fiscal year 2022 • EIN 27-4526064

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 17, 2023

PO Box 424Hamilton, MT 59840

(406) 360-9124

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.52x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.17x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

35th percentile

-4.6%

Higher net margin than 35% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$20,833

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 30.9% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

92nd percentile

58%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

226%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$22,538

Up $8,303 (+58%) from 2021

Net Assets

Down

$10,773

Down $3,136 (-23%) from 2021

Liabilities

Up

$11,765

Up $11,439 (+3509%) from 2021

Revenue

Up

$67,493

Up $46,801 (+226%) from 2021

Expenses

Up

$70,629

Up $39,268 (+125%) from 2021

Net Income

Up

-$3,136

Up $7,533 (+71%) from 2021

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20KAssets 2017: $9,613Net Assets 2017: $9,6132017Assets 2018: $10,729Liabilities 2018: $0Net Assets 2018: $10,7292018Assets 2019: $10,780Liabilities 2019: $0Net Assets 2019: $10,7802019Assets 2020: $24,578Liabilities 2020: $0Net Assets 2020: $24,5782020Assets 2021: $14,235Liabilities 2021: $326Net Assets 2021: $13,9092021Assets 2022: $22,538Liabilities 2022: $11,765Net Assets 2022: $10,7732022Assets 2023: $6,628Liabilities 2023: $322Net Assets 2023: $6,3062023Assets 2024: $2,062Liabilities 2024: $21,802Net Assets 2024: -$19,7402024

Highlighted filing

2022

Assets$22,538
Liabilities$11,765
Net Assets$10,773

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $75,164Expenses 2017: $71,337Net Income 2017: $3,8272017Revenue 2018: $57,580Expenses 2018: $56,464Net Income 2018: $1,1162018Revenue 2019: $51,036Expenses 2019: $50,985Net Income 2019: $512019Revenue 2020: $102,177Expenses 2020: $88,379Net Income 2020: $13,7982020Revenue 2021: $20,692Expenses 2021: $31,361Net Income 2021: -$10,6692021Revenue 2022: $67,493Expenses 2022: $70,629Net Income 2022: -$3,1362022Revenue 2023: $91,559Expenses 2023: $96,027Net Income 2023: -$4,4682023Revenue 2024: $94,470Expenses 2024: $108,391Net Income 2024: -$13,9212024

Highlighted filing

2022

Revenue$67,493
Expenses$70,629
Net Income-$3,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 17, 2023
Return Version
2022v5.0
Gross Receipts
$67,493
Mission and Program Overview

Mission

The purpose of the hamilton downtown association (hda) is to reinvest and maintain the vitality of the hamilton business community; to promote hamilton as a cultural, historic, entertainment and business destination; to reach out to the residents of the valley to educate them on our products and services and the importance of supporting local business; and to contribute to the vitality and well-being of our community. Established in 2011, the hda is supported by annual membership dues and event proceeds. The board is chosen by its members which include businesses, non-profits, and individuals.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE HAMILTON DOWNTOWN ASSOCIATION (HDA) IS TO REINVEST AND MAINTAIN THE VITALITY OF THE HAMILTON BUSINESS COMMUNITY; TO PROMOTE HAMILTON AS A CULTURAL, HISTORIC, ENTERTAINMENT AND BUSINESS DESTINATION; TO REACH OUT TO THE RESIDENTS OF THE VALLEY TO EDUCATE THEM ON OUR PRODUCTS AND SERVICES AND THE IMPORTANCE OF SUPPORTING LOCAL BUSINESS; AND TO CONTRIBUTE TO THE VITALITY AND WELL-BEING OF OUR COMMUNITY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBIN PRUITTExecutive DiFT$20,833-$20,833
GABRYELLE ELEYPresident-$0--
MARK RUDVice Preside-$0--
SAIGE STURVISTSecretary-$0--
WILL RAMSEYTreasurerPT$0--
SUSAN WETZSTEONBoard Member-$0--
KRISTIN HEONSTINEBoard Member-$0--
JENI SEIFERTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hamilton Downtown Association
EIN
27-4526064
Address
PO BOX 424, HAMILTON, MT 59840

Signing Officer

Name
Mark Rud
Title
Vice President
Signed
2023-07-17

Preparer

Firm
Davis Group Pllc
Address
178 S 3RD ST, HAMILTON, MT 59840
Preparer
Douglas J Davis
Phone
4063632225
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Daly days daly days event exp 7,141 other event exp 15,988 expenses advertising & marketing 3,593 office supplies 3,050 internet 1,430 travel 268 conference meals 105 meeting expenses 140 speaker social exp 444 insurance 2,591 501(c)3 registration fee 1,110 bank charges 1,153 main street flowers 3,318 corporate filing fees 40 total 40,371

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 11,519 payroll liabilities 326 246

Form 990-ez, Part III

The purpose of the hamilton downtown association (hda) is to reinvest and maintain the vitality of the hamilton business community; to promote hamilton as a cultural, historic, entertainment and business destination; to reach out to the residents of the valley to educate them on our products and services and the importance of supporting local business; and to contribute to the vitality and well-being of our community. Established in 2011, the hda is supported by annual membership dues and event proceeds. The board is chosen by its members which include businesses, non-profits, and individuals.

Form 990-ez, Part III, Line 28

The purpose of the hamilton downtown association (hda) is to reinvest and maintain the vitality of the hamilton business community; to promote hamilton as a cultural, historic, entertainment and business destination; to reach out to the residents of the valley to educate them on our products and services and the importance of supporting local business; and to contribute to the vitality and well-being of our community.

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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/PrimaryExemptPurposeTxt0THE PURPOSE OF THE HAMILTON DOWNTOWN ASSOCIATION (HDA) IS TO REINVEST AND MAINTAIN THE VITALITY OF THE HAMILTON BUSINESS COMMUNITY; TO PROMOTE HAMILTON AS A CULTURAL, HISTORIC, ENTERTAINMENT AND BUSINESS DESTINATION; TO REACH OUT TO THE RESIDENTS OF THE VALLEY TO EDUCATE THEM ON OUR PRODUCTS AND SERVICES AND THE IMPORTANCE OF SUPPORTING LOCAL BUSINESS; AND TO CONTRIBUTE TO THE VITALITY AND WELL-BEING OF OUR COMMUNITY. ESTABLISHED IN 2011, THE HDA IS SUPPORTED BY ANNUAL MEMBERSHIP DUES AND EVENT PROCEEDS. THE BOARD IS CHOSEN BY ITS MEMBERS WHICH INCLUDE BUSINESSES, NON-PROFITS, AND INDIVIDUALS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 11,519 PAYROLL LIABILITIES 326 246
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PURPOSE OF THE HAMILTON DOWNTOWN ASSOCIATION (HDA) IS TO REINVEST AND MAINTAIN THE VITALITY OF THE HAMILTON BUSINESS COMMUNITY; TO PROMOTE HAMILTON AS A CULTURAL, HISTORIC, ENTERTAINMENT AND BUSINESS DESTINATION; TO REACH OUT TO THE RESIDENTS OF THE VALLEY TO EDUCATE THEM ON OUR PRODUCTS AND SERVICES AND THE IMPORTANCE OF SUPPORTING LOCAL BUSINESS; AND TO CONTRIBUTE TO THE VITALITY AND WELL-BEING OF OUR COMMUNITY. ESTABLISHED IN 2011, THE HDA IS SUPPORTED BY ANNUAL MEMBERSHIP DUES AND EVENT PROCEEDS. THE BOARD IS CHOSEN BY ITS MEMBERS WHICH INCLUDE BUSINESSES, NON-PROFITS, AND INDIVIDUALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE HAMILTON DOWNTOWN ASSOCIATION (HDA) IS TO REINVEST AND MAINTAIN THE VITALITY OF THE HAMILTON BUSINESS COMMUNITY; TO PROMOTE HAMILTON AS A CULTURAL, HISTORIC, ENTERTAINMENT AND BUSINESS DESTINATION; TO REACH OUT TO THE RESIDENTS OF THE VALLEY TO EDUCATE THEM ON OUR PRODUCTS AND SERVICES AND THE IMPORTANCE OF SUPPORTING LOCAL BUSINESS; AND TO CONTRIBUTE TO THE VITALITY AND WELL-BEING OF OUR COMMUNITY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS J DAVIS
ReturnHeader/ReturnTs02023-07-18T13:41:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings