Civic Intelligence

Downtown Lincoln Foundation

990 • Fiscal year 2016 • EIN 36-3774978

Sep 01, 2015 to Aug 31, 2016 • Filed on Mar 29, 2017

206 S 13TH STREET No 101Lincoln, NE 68508

(402) 434-6900

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

2nd percentile

-532%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

98th percentile

$104,181

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 39763.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

43rd percentile

-1.1%

Faster asset growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$123,765

Down $1,395 (-1.1%) from 2015

Net Assets

Down

$123,765

Down $1,395 (-1.1%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$262

Down $25,058 (-99%) from 2015

Expenses

Down

$1,657

Down $31,914 (-95%) from 2015

Net Income

Up

-$1,395

Up $6,856 (+83%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $123,746Liabilities 2010: $0Net Assets 2010: $123,7462010Assets 2011: $109,962Liabilities 2011: $0Net Assets 2011: $109,9622011Assets 2012: $152,379Liabilities 2012: $571Net Assets 2012: $151,8082012Assets 2013: $173,281Liabilities 2013: $572Net Assets 2013: $172,7092013Assets 2014: $134,064Liabilities 2014: $653Net Assets 2014: $133,4112014Assets 2015: $125,160Liabilities 2015: $0Net Assets 2015: $125,1602015Assets 2016: $123,765Liabilities 2016: $0Net Assets 2016: $123,7652016Assets 2017: $191,191Liabilities 2017: $172Net Assets 2017: $191,0192017Assets 2018: $158,016Liabilities 2018: $4,034Net Assets 2018: $153,9822018Assets 2019: $136,779Liabilities 2019: $805Net Assets 2019: $135,9742019Assets 2020: $157,035Liabilities 2020: $0Net Assets 2020: $157,0352020Assets 2021: $156,748Liabilities 2021: $453Net Assets 2021: $156,2952021Assets 2022: $155,856Liabilities 2022: $0Net Assets 2022: $155,8562022Assets 2023: $155,682Liabilities 2023: $528Net Assets 2023: $155,1542023Assets 2024: $154,881Liabilities 2024: $240Net Assets 2024: $154,6412024Assets 2025: $164,659Liabilities 2025: $10,639Net Assets 2025: $154,0202025

Highlighted filing

2016

Assets$123,765
Liabilities$0
Net Assets$123,765

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $104,1992010Expenses 2011: $123,2112011Expenses 2012: $120,6412012Expenses 2013: $89,8112013Revenue 2014: $15,344Expenses 2014: $54,642Net Income 2014: -$39,2982014Revenue 2015: $25,320Expenses 2015: $33,571Net Income 2015: -$8,2512015Revenue 2016: $262Expenses 2016: $1,657Net Income 2016: -$1,3952016Revenue 2017: $95,061Expenses 2017: $27,807Net Income 2017: $67,2542017Revenue 2018: $1,129Expenses 2018: $38,166Net Income 2018: -$37,0372018Revenue 2019: $54,531Expenses 2019: $72,539Net Income 2019: -$18,0082019Revenue 2020: $54,444Expenses 2020: $33,383Net Income 2020: $21,0612020Revenue 2021: $8Expenses 2021: $748Net Income 2021: -$7402021Revenue 2022: $261Expenses 2022: $700Net Income 2022: -$4392022Revenue 2023: $150Expenses 2023: $852Net Income 2023: -$7022023Revenue 2024: $298Expenses 2024: $811Net Income 2024: -$5132024Revenue 2025: $13,672Expenses 2025: $14,293Net Income 2025: -$6212025

Highlighted filing

2016

Revenue$262
Expenses$1,657
Net Income-$1,395
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Mar 29, 2017
Return Version
2015v3.0
Gross Receipts
$262
Mission and Program Overview

Mission

The foundation supports the city of lincoln and downtown lincoln, nebraska by providing opportunities for obtaining gifts, grants or other funds to be used for special projects benefitting downtown lincoln, nebraska.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$101,842$105,459▲ $3,617
Other Notes and Loans Receivable, Net$21,875$17,500▼ $4,375
Land, Buildings, and Equipment, Net$1,443$656▼ $787
Accounts Receivable-$150-
Total Assets$125,160$123,765▼ $1,395
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$141,000$141,000→ $0
Unrestricted Net Assets$-15,840$-17,235▼ $1,395
Total Net Assets Fund Balance$125,160$123,765▼ $1,395
Total Liabilities and Net Assets / Fund Balance$125,160$123,765▼ $1,395

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$656$87,407$88,063
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Terry UlandPresidentFT$104,181$104,181
Lorna ParksFinance DirectorFT$55,511$55,511

Board Members and Trustees

NameTitle
Cj ThomaChair
Ben KiserDirector
Bryan SullivanDirector
Darl NaumannDirector
John KayDirector
Jon CarlsonDirector
Ken FougeronDirector
Michelle WaiteDirector
Nancy Arter GadeDirector
Robert E Campbell IiDirector
Tom SmithDirector
Kim SturzeneggerSecretary
Patrick SpethmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$262
Other Revenue
$0
Change in Net Assets
$-1,395

Audited Revenue Reconciliation

Revenue per Audited Statements
$262
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$262
Total Revenue per Form 990
$262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,657
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$870--$870
Depreciation Depletion$787--$787
Total Functional Expenses$1,657$0$0$1,657

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,657
Total Expenses per Audited Statements$1,657
Total Expenses per Form 990$1,657
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The 990 is reviewed by the finance director and the president before filing.

Form 990, Part VI, Section B, line 15A

Form 990, part vi, section b, line 15: the board of directors sets the compensation of the president annually based on performance reviews and compensation of officers of similiar organizations.

Form 990, Part VI, Section C, line 19

The organization's governing documents and financial statements are available upon request to the organization's administrative offices.

Filing and Contact Details

Filer

Filer Name
Downtown Lincoln Foundation
EIN
36-3774978
Phone
4024346900
Address
206 S 13TH STREET No 101, LINCOLN, NE 68508

Signing Officer

Name
Terry Uland
Title
President
Phone
4024346900
Signed
2017-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Uland
Formed
2000
Legal Domicile
Ne
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Dana F Cole & Company Llp
Address
1248 O STREET SUITE 500, LINCOLN, NE 68508
Preparer
Kerry Gustafsson
Phone
4024799300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The financial statements of the downtown lincoln foundation are audited on a consolidated basis. The fianncial statement audit is reviewed by the downtown licnoln association before issuance. The process has not changed from prior years.

Financial Statement Notes

Part X, Line 2:

The association has adopted the provisions of fasb asc 740-10, "accounting for uncertain tax positions." the association continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01284
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03186
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98770
IRS990ScheduleA/PublicSupportPY170Pct00.99130
IRS990ScheduleA/PublicSupportTotal170Amt0256250
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0161203
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0256250
IRS990ScheduleA/TotalSupportAmt0259436
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0656
IRS990ScheduleD/EquipmentGrp/DepreciationAmt087407
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088063
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01657
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0262
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, "ACCOUNTING FOR UNCERTAIN TAX POSITIONS." THE ASSOCIATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0656
IRS990ScheduleD/TotalExpensesPerForm990Amt01657
IRS990ScheduleD/TotalRevenuePerForm990Amt0262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0262
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01657
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE FINANCE DIRECTOR AND THE PRESIDENT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, SECTION B, LINE 15: THE BOARD OF DIRECTORS SETS THE COMPENSATION OF THE PRESIDENT ANNUALLY BASED ON PERFORMANCE REVIEWS AND COMPENSATION OF OFFICERS OF SIMILIAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FINANCIAL STATEMENTS OF THE DOWNTOWN LINCOLN FOUNDATION ARE AUDITED ON A CONSOLIDATED BASIS. THE FIANNCIAL STATEMENT AUDIT IS REVIEWED BY THE DOWNTOWN LICNOLN ASSOCIATION BEFORE ISSUANCE. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Downtown Lincoln Association
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470606379
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTE AND MAINTAIN THE DOWNTOWN BUSINESS AREA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0206 S 13th Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Lincoln
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068508
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0869
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DOWNTOWN LINCOLN ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0141000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0141000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0125160
IRS990/TotalAssetsEOYAmt0123765
IRS990/TotalAssetsGrp/BOYAmt0125160
IRS990/TotalAssetsGrp/EOYAmt0123765
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01657
IRS990/TotalFunctionalExpensesGrp/TotalAmt01657
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0125160
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0123765
IRS990/TotalOtherCompensationAmt012820
IRS990/TotalProgramServiceExpensesAmt01657
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0262
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0262
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0125160
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0123765
IRS990/TotReportableCompRltdOrgAmt0146872
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-15840
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-17235
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0206 S 13TH STREET No 101
IRS990/USAddress/CityNm0LINCOLN
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068508
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0http://www.downtownlincoln.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY ULAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04024346900
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN LINCOLN FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0363774978
ReturnHeader/Filer/PhoneNum04024346900
ReturnHeader/Filer/USAddress/AddressLine1Txt0206 S 13TH STREET No 101
ReturnHeader/Filer/USAddress/CityNm0LINCOLN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.65$0.11$1.54$0.14$0.14$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.00$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.00$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.56$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.54$0.33$0.21
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.01$1.36$0.55$0.73$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.04$1.54$0.01$0.38$0.37
2017Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.95$0.28$0.67
2016Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.00$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.25$0.34$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.33$0.15$0.55$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.01$1.73$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.01$1.52$1.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$1.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.24$1.04