Civic Intelligence

Downtown Goshen Inc

EIN 35-1848884 • 501(c)3 • Goshen, IN

Profile

Improve the downtown of goshen, indiana

234 S Main St Ste 4Goshen, IN 46526

www.cityonthego.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

-1.8%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

19th percentile

-53%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$11,955

Down $13,631 (-53%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$11,955

Down $13,631 (-53%) from 2023

Revenue

Up

$228,613

Up $29,417 (+15%) from 2023

Expenses

Up

$232,644

Up $10,508 (+4.7%) from 2023

Net Income

Up

-$4,031

Up $18,909 (+82%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2012: $40,069Liabilities 2012: $0Net Assets 2012: $40,0692012Assets 2013: $53,950Liabilities 2013: $0Net Assets 2013: $53,9502013Assets 2014: $49,420Liabilities 2014: $0Net Assets 2014: $49,4202014Assets 2015: $34,678Liabilities 2015: $0Net Assets 2015: $34,6782015Assets 2016: $81,986Liabilities 2016: $0Net Assets 2016: $81,9862016Assets 2017: $106,723Liabilities 2017: $0Net Assets 2017: $106,7232017Assets 2018: $170,171Liabilities 2018: $0Net Assets 2018: $170,1712018Assets 2019: $123,336Liabilities 2019: $0Net Assets 2019: $123,3362019Assets 2020: $65,682Liabilities 2020: $0Net Assets 2020: $65,6822020Assets 2021: $36,989Liabilities 2021: $0Net Assets 2021: $36,9892021Assets 2022: $44,051Liabilities 2022: $0Net Assets 2022: $44,0512022Assets 2023: $25,586Liabilities 2023: $0Net Assets 2023: $25,5862023Assets 2024: $11,955Liabilities 2024: $0Net Assets 2024: $11,9552024

Highlighted filing

2024

Assets$11,955
Liabilities$0
Net Assets$11,955

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2012: $218,3262012Revenue 2013: $208,373Expenses 2013: $194,492Net Income 2013: $13,8812013Revenue 2014: $172,752Expenses 2014: $177,282Net Income 2014: -$4,5302014Revenue 2015: $169,651Expenses 2015: $181,818Net Income 2015: -$12,1672015Revenue 2016: $222,486Expenses 2016: $175,178Net Income 2016: $47,3082016Revenue 2017: $227,918Expenses 2017: $203,181Net Income 2017: $24,7372017Revenue 2018: $279,056Expenses 2018: $215,608Net Income 2018: $63,4482018Revenue 2019: $283,143Expenses 2019: $329,978Net Income 2019: -$46,8352019Revenue 2020: $171,500Expenses 2020: $229,154Net Income 2020: -$57,6542020Revenue 2021: $160,715Expenses 2021: $189,408Net Income 2021: -$28,6932021Revenue 2022: $203,686Expenses 2022: $196,624Net Income 2022: $7,0622022Revenue 2023: $199,196Expenses 2023: $222,136Net Income 2023: -$22,9402023Revenue 2024: $228,613Expenses 2024: $232,644Net Income 2024: -$4,0312024

Highlighted filing

2024

Revenue$228,613
Expenses$232,644
Net Income-$4,031

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 20, 2025
Return Version
2024v5.2
Gross Receipts
$228,613
Mission and Program Overview

Mission

Improve the downtown of goshen, indiana

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,786$16,355▼ $4,431
Total Assets$25,586$11,955▼ $13,631
Other Assets Total$4,800$-4,400▼ $9,200
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,586$11,955▼ $13,631
Total Net Assets Fund Balance$25,586$11,955▼ $13,631
Total Liabilities and Net Assets / Fund Balance$25,586$11,955▼ $13,631
Compensation and Service Providers

Board Members and Trustees

NameTitle
Veronica BerkeyPresident
Justin BellVice President
Amanda SchutzBoard Member
Amy WorshamBoard Member
Anne ThielBoard Member
Jesse SensenigBoard Member
Jon HunsbergerBoard Member
Kate SteuryBoard Member
Rosie SinghBoard Member
Phil LederachCity Council Represenative
Tara SparksSecretary
Amy SorgTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$203,358
Program Service Revenue
$25,255
Investment Income
$0
Other Revenue
$0
All Other Contributions
$72,908
Change in Net Assets
$-4,031
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$210,707
Grants and Similar Amounts Paid$21,937
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$198,189$4,054-$198,189
Grants to Domestic Orgs$21,937--$21,937
Fees for Services Accounting-$4,290-$4,290
All Other Expenses$2,852--$2,852
Insurance-$919-$919
Advertising-$84-$84
Total Functional Expenses$222,978$9,666$0$232,644
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various - Facade GrantsGoshen, IN-Facade Improvements Downtown$21,937
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
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, Line 7A

The organization has members who have the power to elect or appoint one or more members to the governing body

Form 990, Part VI, Line 11B

A copy of the 990 return will be made available to all board members for their review prior to filing

Form 990, Part VI, Line 12C

Board members are to annually disclose any conflict of interest.

Form 990, Part VI, Line 19

A copy of the 990 return is available to the public upon request

Filing and Contact Details

Filer

Filer Name
Downtown Goshen Inc
EIN
35-1848884
Phone
5743129922
Address
234 S MAIN ST STE 4, GOSHEN, IN 46526

Signing Officer

Name
Veronica Berkey
Title
Director
Phone
5743129922
Signed
2025-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Veronica Berkey
Formed
1992
Legal Domicile
In
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Cornerstone Financial Solutions
Address
104 S MAIN ST, GOSHEN, IN 46526
Preparer
Amy E Frankenberger CPA
Phone
5745379500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Other expesnes facade program coordinator 2851.77, total expenses are 2851.77

Form 990, Part XI, Line LINE 8

Prior period adjustment due to mis-classification of bad debt allowance as a positive number, instead of contra-asset to accounts receivable. Adjustment was to remove the asset by creating an expense to make the account negative at the same balance it should have been for the year.

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IRS990/Form990PartVIISectionAGrp/TitleTxt9CITY COUNCIL REPRESENATIVE
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0877262
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0877262
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0228613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0192685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0169620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0133181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0153163
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0877262
IRS990ScheduleA/TotalSupportAmt0877262
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/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt021937
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FACADE IMPROVEMENTS DOWNTOWN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS - FACADE GRANTS
IRS990ScheduleI/RecipientTable/RecipientEIN0351848884
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0234 S MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GOSHEN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046526
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER EXPESNES FACADE PROGRAM COORDINATOR 2851.77, TOTAL EXPENSES ARE 2851.77
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS TO THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 RETURN WILL BE MADE AVAILABLE TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE TO ANNUALLY DISCLOSE ANY CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE 990 RETURN IS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD ADJUSTMENT DUE TO MIS-CLASSIFICATION OF BAD DEBT ALLOWANCE AS A POSITIVE NUMBER, INSTEAD OF CONTRA-ASSET TO ACCOUNTS RECEIVABLE. ADJUSTMENT WAS TO REMOVE THE ASSET BY CREATING AN EXPENSE TO MAKE THE ACCOUNT NEGATIVE AT THE SAME BALANCE IT SHOULD HAVE BEEN FOR THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IX, Line 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line LINE 8
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt025586
IRS990/TotalAssetsEOYAmt011955
IRS990/TotalAssetsGrp/BOYAmt025586
IRS990/TotalAssetsGrp/EOYAmt011955
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0203358
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09666
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0222978
IRS990/TotalFunctionalExpensesGrp/TotalAmt0232644
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025586
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011955
IRS990/TotalProgramServiceExpensesAmt0222978
IRS990/TotalProgramServiceRevenueAmt025255
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0228613
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025586
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011955
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0234 S MAIN STREET STE 4
IRS990/USAddress/CityNm0GOSHEN
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046526
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.CITYONTHEGO.ORG
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VERONICA BERKEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05743129922
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN GOSHEN INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0351848884
ReturnHeader/Filer/PhoneNum05743129922
ReturnHeader/Filer/USAddress/AddressLine1Txt0234 S MAIN ST STE 4
ReturnHeader/Filer/USAddress/CityNm0GOSHEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046526
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200070423
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORNERSTONE FINANCIAL SOLUTIONS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0104 S MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GOSHEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN

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