Civic Intelligence

Downtown Springfield Inc

990 • Fiscal year 2021 • EIN 37-0807716

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

3 W Old State Capitol Plz 15Springfield, IL 62701-1536

(217) 544-1723

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.01x

Higher debt load relative to revenue than 50% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

65th percentile

17%

Higher net margin than 65% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$57,417

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

45%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

9.1%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$187,696

Up $58,649 (+45%) from 2020

Net Assets

Up

$184,958

Up $67,895 (+58%) from 2020

Liabilities

Down

$2,738

Down $9,246 (-77%) from 2020

Revenue

Up

$392,734

Up $32,627 (+9.1%) from 2020

Expenses

Up

$324,839

Up $30,180 (+10%) from 2020

Net Income

Up

$67,895

Up $2,447 (+3.7%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $68,732Liabilities 2011: $19,022Net Assets 2011: $49,7102011Assets 2012: $27,603Liabilities 2012: $29,397Net Assets 2012: -$1,7942012Assets 2013: $10,731Liabilities 2013: $22,497Net Assets 2013: -$11,7662013Assets 2014: $53,395Liabilities 2014: $42,660Net Assets 2014: $10,7352014Assets 2015: $34,343Liabilities 2015: $28,420Net Assets 2015: $5,9232015Assets 2016: $12,565Liabilities 2016: $36,351Net Assets 2016: -$23,7862016Assets 2017: $24,811Liabilities 2017: $59,577Net Assets 2017: -$34,7662017Assets 2018: $10,345Liabilities 2018: $24,040Net Assets 2018: -$13,6952018Assets 2019: $70,191Liabilities 2019: $18,576Net Assets 2019: $51,6152019Assets 2020: $129,047Liabilities 2020: $11,984Net Assets 2020: $117,0632020Assets 2021: $187,696Liabilities 2021: $2,738Net Assets 2021: $184,9582021Assets 2022: $246,270Liabilities 2022: $3,048Net Assets 2022: $243,2222022Assets 2023: $252,008Liabilities 2023: $1,743Net Assets 2023: $250,2652023Assets 2024: $505,222Liabilities 2024: -$1,589Net Assets 2024: $506,8112024

Highlighted filing

2021

Assets$187,696
Liabilities$2,738
Net Assets$184,958

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $239,7962011Expenses 2012: $236,9602012Revenue 2013: $227,057Expenses 2013: $237,029Net Income 2013: -$9,9722013Revenue 2014: $247,552Expenses 2014: $225,051Net Income 2014: $22,5012014Revenue 2015: $267,536Expenses 2015: $272,348Net Income 2015: -$4,8122015Revenue 2016: $278,415Expenses 2016: $308,124Net Income 2016: -$29,7092016Revenue 2017: $250,342Expenses 2017: $251,614Net Income 2017: -$1,2722017Revenue 2018: $264,549Expenses 2018: $243,478Net Income 2018: $21,0712018Revenue 2019: $412,855Expenses 2019: $347,545Net Income 2019: $65,3102019Revenue 2020: $360,107Expenses 2020: $294,659Net Income 2020: $65,4482020Revenue 2021: $392,734Expenses 2021: $324,839Net Income 2021: $67,8952021Revenue 2022: $378,906Expenses 2022: $320,642Net Income 2022: $58,2642022Revenue 2023: $326,536Expenses 2023: $319,493Net Income 2023: $7,0432023Revenue 2024: $582,201Expenses 2024: $325,655Net Income 2024: $256,5462024

Highlighted filing

2021

Revenue$392,734
Expenses$324,839
Net Income$67,895
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$401,496
Mission and Program Overview

Mission

To help make downtown springfield an ideal place to shop, work, visit, invest, and live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$124,083$182,864▲ $58,781
Prepaid Expenses and Deferred Charges$4,964$4,832▼ $132
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$129,047$187,696▲ $58,649
Liabilities
Accounts Payable and Accrued Expenses$11,903$1,599▼ $10,304
Other Liabilities$81$939▲ $858
Deferred Revenue-$200-
Total Liabilities$11,984$2,738▼ $9,246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$103,063$170,958▲ $67,895
Net Assets With Donor Restrictions$14,000$14,000→ $0
Total Net Assets Fund Balance$117,063$184,958▲ $67,895
Total Liabilities and Net Assets / Fund Balance$129,047$187,696▲ $58,649

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,781$1,781
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kayla Graven - From July 1Executive DirectorFT$57,417$57,417
Lisa Clemmons Stott - Thru June 30DirectorFT$37,917$37,917

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$175,848
Program Service Revenue
$184,422
Investment Income
$324
Other Revenue
$32,140
All Other Contributions
$71,946
Change in Net Assets
$67,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$210,975
Salaries, Compensation, and Employee Benefits$113,864
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons---$102,444
All Other Expenses---$24,588
Other Expenses---$11,970
Payroll Taxes---$11,420
Occupancy---$8,896
Insurance---$5,945
Advertising---$5,809
Fees for Services Other---$5,655
Information Technology---$2,173
Office Expenses---$1,432
Total Functional Expenses$0$0$0$324,839
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,210
Fundraising Direct Expenses$8,762
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$27,620$27,620$8,675$18,945
Board Fundraiser$6,590$6,590$87$6,503
Total Events$39,210$39,210$8,762$30,448
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$939
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

The organization's form 990 is reviewed by the treasurer and available to the board of directors upon filing.

Form 990, Part VI, Section B, Line 12C

Board of directors reviews vendor relationships annually and ensures they meet the policy.

Form 990, Part VI, Section B, Line 15

President of board performs annual evaluations and salary is determined by vote of the executive board.

Form 990, Part VI, Section C, Line 18

The 990 is provided upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are provided upon request.

Filing and Contact Details

Filer

Filer Name
Downtown Springfield Inc
EIN
37-0807716
Phone
2175441723
Address
3 W OLD STATE CAPITOL PLZ 15, SPRINGFIELD, IL 62701-1536

Signing Officer

Name
Kayla Graven
Title
Executive Director
Phone
2175441723
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kayla Graven
Formed
1961
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
8
Volunteers
0

Preparer

Firm
Eck Schafer & Punke Llp
Address
227 S SEVENTH STREET, SPRINGFIELD, IL 62701
Preparer
Brent Leach
Phone
2175251111
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0103063
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0170958
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt08896
IRS990/OfficeExpensesGrp/TotalAmt01432
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FARMERS MARKET
IRS990/OtherExpensesGrp/Desc1BANNER EXPENSE
IRS990/OtherExpensesGrp/Desc2OPERATIONS EXPENSE
IRS990/OtherExpensesGrp/Desc3HOLIDAY WALKS
IRS990/OtherExpensesGrp/TotalAmt0100293
IRS990/OtherExpensesGrp/TotalAmt128014
IRS990/OtherExpensesGrp/TotalAmt216200
IRS990/OtherExpensesGrp/TotalAmt311970
IRS990/OtherLiabilitiesGrp/BOYAmt081
IRS990/OtherLiabilitiesGrp/EOYAmt0939
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01692
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01692
IRS990/OtherRevenueTotalAmt01692
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt011420
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04964
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04832
IRS990/PrincipalOfficerNm0KAYLA GRAVEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0FARMERS MARKET
IRS990/ProgramServiceRevenueGrp/Desc1DISPLAY BANNER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2HOLIDAY WALKS AND RETA
IRS990/ProgramServiceRevenueGrp/Desc3OPEN STREETS
IRS990/ProgramServiceRevenueGrp/Desc4ARTIFICATION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0117049
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133760
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219888
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0117049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219888
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44025
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt084281
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0108
IRS990/PYOtherExpensesAmt0172634
IRS990/PYOtherRevenueAmt024391
IRS990/PYProgramServiceRevenueAmt0251327
IRS990/PYRevenuesLessExpensesAmt065448
IRS990/PYSalariesCompEmpBnftPaidAmt0122025
IRS990/PYTotalExpensesAmt0294659
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0360107
IRS990/ReconcilationRevenueExpnssAmt067895
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01781
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0939
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0939
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08762
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL MEETING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BOARD FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt027620
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06590
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039210
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027620
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06590
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039210
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030448
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08762
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08675
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE TREASURER AND AVAILABLE TO THE BOARD OF DIRECTORS UPON FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS VENDOR RELATIONSHIPS ANNUALLY AND ENSURES THEY MEET THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT OF BOARD PERFORMS ANNUAL EVALUATIONS AND SALARY IS DETERMINED BY VOTE OF THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0129047
IRS990/TotalAssetsEOYAmt0187696
IRS990/TotalAssetsGrp/BOYAmt0129047
IRS990/TotalAssetsGrp/EOYAmt0187696
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0175848
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt0324839
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011984
IRS990/TotalLiabilitiesEOYAmt02738
IRS990/TotalLiabilitiesGrp/BOYAmt011984
IRS990/TotalLiabilitiesGrp/EOYAmt02738
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0117063
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0184958
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt04700
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt04700
IRS990/TotalProgramServiceRevenueAmt0184422
IRS990/TotalReportableCompFromOrgAmt095334
IRS990/TotalRevenueGrp/ExclusionAmt030772
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0186114
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0392734
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0129047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0187696
IRS990/TotReportableCompRltdOrgAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$0.02$5.07$5.82$3.26$2.57
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.02$2.50$3.27$3.19$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.03$2.43$3.79$3.21$0.58
2021Detailed filing. Detailed filing data is available for this year.$1.88$0.03$1.85$3.93$3.25$0.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.12$1.17$3.60$2.95$0.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.19$0.52$4.13$3.48$0.65
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.24$0.14$2.65$2.43$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.60$0.35$2.50$2.52$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.36$0.24$2.78$3.08$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.28$0.06$2.68$2.72$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.43$0.11$2.48$2.25$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.22$0.12$2.27$2.37$0.10
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.29$0.02$2.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.19$0.50$2.40