Civic Intelligence

Hamilton Downtown Association

990EZ • Fiscal year 2023 • EIN 27-4526064

Jan 01, 2023 to Dec 31, 2023 • Filed on May 20, 2024

PO Box 424Hamilton, MT 59840

(406) 360-9458

Siviq Scores

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

Liabilities / Assets

67th percentile

0.05x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

49th percentile

0.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

36th percentile

-4.9%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-71%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

36%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$6,628

Down $15,910 (-71%) from 2022

Net Assets

Down

$6,306

Down $4,467 (-41%) from 2022

Liabilities

Down

$322

Down $11,443 (-97%) from 2022

Revenue

Up

$91,559

Up $24,066 (+36%) from 2022

Expenses

Up

$96,027

Up $25,398 (+36%) from 2022

Net Income

Down

-$4,468

Down $1,332 (-42%) from 2022

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

2023

Assets$6,628
Liabilities$322
Net Assets$6,306

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

2023

Revenue$91,559
Expenses$96,027
Net Income-$4,468
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 20, 2024
Return Version
2023v5.0
Gross Receipts
$91,559
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$0--
MARK RUDPresident-$0--
LACI ROSEVice Preside-$0--
NICOLE TENHAKENSecretary-$0--
WILL RAMSEYTreasurerPT$0--
SAIGE STURVISTBoard Member-$0--
CRAIG KAULBoard Member-$0--
JENI SEIFERTBoard Member-$0--
RACHEL JENSENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hamilton Downtown Association
EIN
27-4526064
Phone
4063609458
Address
PO BOX 424, HAMILTON, MT 59840

Signing Officer

Name
Mark Rud
Title
President
Phone
4063609458
Signed
2024-05-20
Discuss with paid preparer
Yes

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

Event income cost of goods sold 34,634 expenses advertising & marketing 9,140 office supplies 6,137 other business expenses 54 internet 1,791 travel 131 conference meals 423 meeting expenses 567 20 insurance 1,580 bank charges 1,276 main street flowers 558 corporate filing fees 40 dues & subscriptions 1,020 education 2,021 total 59,392

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 11,518 50 payroll liabilities 246 272

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EVENT INCOME COST OF GOODS SOLD 34,634 EXPENSES ADVERTISING & MARKETING 9,140 OFFICE SUPPLIES 6,137 OTHER BUSINESS EXPENSES 54 INTERNET 1,791 TRAVEL 131 CONFERENCE MEALS 423 MEETING EXPENSES 567 20 INSURANCE 1,580 BANK CHARGES 1,276 MAIN STREET FLOWERS 558 CORPORATE FILING FEES 40 DUES & SUBSCRIPTIONS 1,020 EDUCATION 2,021 TOTAL 59,392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 11,518 50 PAYROLL LIABILITIES 246 272
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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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings