Civic Intelligence

Downtown Springfield Inc

990 • Fiscal year 2022 • EIN 37-0807716

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

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.

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

Liabilities / Revenue

53rd percentile

0.01x

Higher debt load relative to revenue than 53% of similar nonprofits.

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

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

91st percentile

$68,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 17.9% of source-year revenue.

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

Asset Growth

85th percentile

31%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

31st percentile

-3.5%

Faster revenue growth than 31% of similar nonprofits.

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

Assets

Up

$246,270

Up $58,574 (+31%) from 2021

Net Assets

Up

$243,222

Up $58,264 (+32%) from 2021

Liabilities

Up

$3,048

Up $310 (+11%) from 2021

Revenue

Down

$378,906

Down $13,828 (-3.5%) from 2021

Expenses

Down

$320,642

Down $4,197 (-1.3%) from 2021

Net Income

Down

$58,264

Down $9,631 (-14%) from 2021

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

2022

Assets$246,270
Liabilities$3,048
Net Assets$243,222

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

2022

Revenue$378,906
Expenses$320,642
Net Income$58,264
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$398,409
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$182,864$246,270▲ $63,406
Prepaid Expenses and Deferred Charges$4,832$0▼ $4,832
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$187,696$246,270▲ $58,574
Liabilities
Accounts Payable and Accrued Expenses$1,599$2,018▲ $419
Other Liabilities$939$1,030▲ $91
Deferred Revenue$200$0▼ $200
Total Liabilities$2,738$3,048▲ $310
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$170,958$229,222▲ $58,264
Net Assets With Donor Restrictions$14,000$14,000→ $0
Total Net Assets Fund Balance$184,958$243,222▲ $58,264
Total Liabilities and Net Assets / Fund Balance$187,696$246,270▲ $58,574

Asset Categories

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

Employees

NameTitleFull / Part TimeBaseTotal
Kayla GravenExecutive DirectorFT$68,000$68,000

Board Members and Trustees

NameTitle
Brian WojcickiPast President
Kendra BoesdorferPresident
Anthony SchueringVice President
Andrew DentonDirector
Brenda StrohDirector
David LeeDirector
Erin SvendsenDirector
Heather WietzelDirector
Jay ShanleDirector
Josh FlandersDirector
Katherine Dinges CadaginDirector
Kevin KuhnDirector
Linda RenehanDirector
Matt PriceDirector
Mike JohnsonDirector
Sheri KochDirector
Tiffany MathisDirector
Graham PrellwitzSecretary
Blake PryorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$142,831
Program Service Revenue
$217,124
Investment Income
$383
Other Revenue
$18,568
All Other Contributions
$37,100
Change in Net Assets
$58,264
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$203,418
Salaries, Compensation, and Employee Benefits$117,224
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons---$105,720
All Other Expenses---$13,890
Payroll Taxes---$11,504
Occupancy---$9,792
Insurance---$6,307
Fees for Services Other---$6,000
Advertising---$4,003
Other Expenses---$3,130
Travel---$1,941
Information Technology---$1,817
Office Expenses---$1,379
Total Functional Expenses$0$0$0$320,642
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$36,946
Fundraising Direct Expenses$19,503
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$31,446$31,446$19,477$11,969
State Fair Grandstand$5,000$5,000-$5,000
Total Events$36,446$36,446$19,477$16,969
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,030
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
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kayla Graven
Formed
1961
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
6
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/MissionDesc0TO HELP MAKE DOWNTOWN SPRINGFIELD AN IDEAL PLACE TO SHOP, WORK, VISIT, INVEST, AND LIVE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0184958
IRS990/NetAssetsOrFundBalancesEOYAmt0243222
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt017443
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt017443
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0170958
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0229222
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt09792
IRS990/OfficeExpensesGrp/TotalAmt01379
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FARMERS MARKET
IRS990/OtherExpensesGrp/Desc1BANNER EXPENSE
IRS990/OtherExpensesGrp/Desc2HOLIDAY WALKS
IRS990/OtherExpensesGrp/Desc3LEGAL & ACCOUNTING
IRS990/OtherExpensesGrp/TotalAmt0109560
IRS990/OtherExpensesGrp/TotalAmt134024
IRS990/OtherExpensesGrp/TotalAmt211575
IRS990/OtherExpensesGrp/TotalAmt33130
IRS990/OtherLiabilitiesGrp/BOYAmt0939
IRS990/OtherLiabilitiesGrp/EOYAmt01030
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01125
IRS990/OtherRevenueTotalAmt01125
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt011504
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04832
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KAYLA GRAVEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0FARMERS MARKET
IRS990/ProgramServiceRevenueGrp/Desc1DISPLAY BANNER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2HOLIDAY WALKS AND RETA
IRS990/ProgramServiceRevenueGrp/Desc3ARTIFICATION INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MOMENTUM ON MAIN STREE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0148435
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137567
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt224000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt422
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0148435
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137567
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt422
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0175848
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0324
IRS990/PYOtherExpensesAmt0210975
IRS990/PYOtherRevenueAmt032140
IRS990/PYProgramServiceRevenueAmt0184422
IRS990/PYRevenuesLessExpensesAmt067895
IRS990/PYSalariesCompEmpBnftPaidAmt0113864
IRS990/PYTotalExpensesAmt0324839
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0392734
IRS990/ReconcilationRevenueExpnssAmt058264
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01781
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01781
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01030
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01030
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019477
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL MEETING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STATE FAIR GRANDSTAND
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031446
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt036446
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031446
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036446
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016969
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019477
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019477
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/TotalAssetsBOYAmt0187696
IRS990/TotalAssetsEOYAmt0246270
IRS990/TotalAssetsGrp/BOYAmt0187696
IRS990/TotalAssetsGrp/EOYAmt0246270
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0142831
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt0320642
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02738
IRS990/TotalLiabilitiesEOYAmt03048
IRS990/TotalLiabilitiesGrp/BOYAmt02738
IRS990/TotalLiabilitiesGrp/EOYAmt03048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0184958
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0243222
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0217124

Document Assets

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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
2022Detailed filing. Detailed filing data is available for this year.$2.46$0.03$2.43$3.79$3.21$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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