Civic Intelligence

On Broadway Inc.

990 • Fiscal year 2021 • EIN 39-1825541

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 15, 2022

340 N Broadway 165Green Bay, WI 54303

(920) 437-2531

Siviq Scores

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

Liabilities / Assets

81st percentile

0.33x

Higher debt load relative to assets than 81% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.20x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

87th percentile

$97,168

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

70th percentile

25%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

73rd percentile

49%

Faster revenue growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$487,199

Up $97,421 (+25%) from 2020

Net Assets

Up

$324,303

Up $104,535 (+48%) from 2020

Liabilities

Down

$162,896

Down $7,114 (-4.2%) from 2020

Revenue

Up

$800,059

Up $261,851 (+49%) from 2020

Expenses

Up

$695,524

Up $392,572 (+130%) from 2020

Net Income

Down

$104,535

Down $130,721 (-56%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,622,809Liabilities 2011: $3,537,900Net Assets 2011: $2,084,9092011Assets 2012: $5,526,935Liabilities 2012: $3,514,951Net Assets 2012: $2,011,9842012Assets 2013: $4,843,629Liabilities 2013: $3,657,643Net Assets 2013: $1,185,9862013Assets 2014: $4,420,657Liabilities 2014: $3,222,106Net Assets 2014: $1,198,5512014Assets 2015: $429,136Liabilities 2015: $231,071Net Assets 2015: $198,0652015Assets 2016: $220,114Liabilities 2016: $228,339Net Assets 2016: -$8,2252016Assets 2017: $229,448Liabilities 2017: $227,131Net Assets 2017: $2,3172017Assets 2018: $185,570Liabilities 2018: $131,981Net Assets 2018: $53,5892018Assets 2019: $173,482Liabilities 2019: $188,970Net Assets 2019: -$15,4882019Assets 2020: $389,778Liabilities 2020: $170,010Net Assets 2020: $219,7682020Assets 2021: $487,199Liabilities 2021: $162,896Net Assets 2021: $324,3032021Assets 2022: $3,000,367Liabilities 2022: $2,697,822Net Assets 2022: $302,5452022Assets 2023: $4,377,456Liabilities 2023: $2,753,037Net Assets 2023: $1,624,4192023

Highlighted filing

2021

Assets$487,199
Liabilities$162,896
Net Assets$324,303

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $407,3882011Revenue 2012: $444,916Expenses 2012: $517,842Net Income 2012: -$72,9262012Revenue 2013: $545,007Expenses 2013: $601,706Net Income 2013: -$56,6992013Revenue 2014: $486,978Expenses 2014: $568,643Net Income 2014: -$81,6652014Revenue 2015: $393,027Expenses 2015: $582,938Net Income 2015: -$189,9112015Revenue 2016: $249,346Expenses 2016: $502,567Net Income 2016: -$253,2212016Revenue 2017: $545,991Expenses 2017: $535,449Net Income 2017: $10,5422017Revenue 2018: $773,649Expenses 2018: $722,377Net Income 2018: $51,2722018Revenue 2019: $822,907Expenses 2019: $891,984Net Income 2019: -$69,0772019Revenue 2020: $538,208Expenses 2020: $302,952Net Income 2020: $235,2562020Revenue 2021: $800,059Expenses 2021: $695,524Net Income 2021: $104,5352021Revenue 2022: $1,135,124Expenses 2022: $1,156,882Net Income 2022: -$21,7582022Revenue 2023: $2,850,321Expenses 2023: $1,528,448Net Income 2023: $1,321,8732023

Highlighted filing

2021

Revenue$800,059
Expenses$695,524
Net Income$104,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 15, 2022
Return Version
2021v4.2
Gross Receipts
$800,059
Mission and Program Overview

Mission

On broadway, inc. Will champion the historic broadway district as the vibrant, engaging business and residential urban center of northeast wisconsin by focusing on strategic marketing and staffing, funding and sustainability efforts, event development and coordination of promotions, business and residential recruitment and retention.

Champion the broadway district engaging business and residential urban center of northeast wi

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$271,238$369,525▲ $98,287
Savings and Temporary Cash Investments$53,832$52,095▼ $1,737
Accounts Receivable$2,692$25,768▲ $23,076
Prepaid Expenses and Deferred Charges$19,700$18,063▼ $1,637
Pledges and Grants Receivable$17,640$0▼ $17,640
Land, Buildings, and Equipment, Net$23,476$15,548▼ $7,928
Total Assets$389,778$487,199▲ $97,421
Other Assets Total$1,200$6,200▲ $5,000
Liabilities
Accounts Payable and Accrued Expenses$112,656$139,783▲ $27,127
Mortgage Notes Payable Secured by Investment Property$57,354$23,113▼ $34,241
Total Liabilities$170,010$162,896▼ $7,114
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$202,128$319,303▲ $117,175
Net Assets With Donor Restrictions$17,640$5,000▼ $12,640
Total Net Assets Fund Balance$219,768$324,303▲ $104,535
Total Liabilities and Net Assets / Fund Balance$389,778$487,199▲ $97,421

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,548$27,577$43,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brian JohnsonExecutive DirectorFT$97,168$97,168

Board Members and Trustees

NameTitle
Rachel SowinskiBid Board President
Peter NugentPast President
Gail McnuttPresident
Barb LamuePresident Elect
Avi BerkBoard Member
Brad TollBoard Member
Brighid RiordenBoard Member
Dru CarneyBoard Member
Heather MuellerBoard Member
Ken WachterBoard Member
Ryan MartinBoard Member
Tommy EvermanBoard Member
Chad Van HandelExecutive Committee At-lar
Garritt BaderExecutive Committee At-lar
Kasha J HuntowskiSecretary
Dru CarneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$390,131
Program Service Revenue
$403,228
Investment Income
$262
Other Revenue
$6,438
All Other Contributions
$338,646
Change in Net Assets
$104,535

Audited Revenue Reconciliation

Revenue per Audited Statements
$800,059
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$74,098
Total Revenue per Audited Statements
$874,157
Total Revenue per Form 990
$800,059
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,101
Salaries, Compensation, and Employee Benefits$244,423
Total Fundraising Expense$41,526
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$286,767--$286,767
Other Salaries and Wages$83,032$26,004$17,591$126,627
Current Officers, Directors, Trustees, and Key Employees$53,443$29,150$14,576$97,169
Advertising$72,401--$72,401
Occupancy$21,443$5,155$2,884$29,482
Information Technology$4,885$14,102-$18,987
Payroll Taxes$10,460$4,210$2,461$17,131
Office Expenses$5,345$8,079$1,215$14,639
Insurance$5,000$2,012$1,176$8,188
Depreciation Depletion$4,841$1,948$1,139$7,928
Fees for Services Accounting-$7,850-$7,850
Other Employee Benefits$2,306$706$484$3,496
Travel-$2,300-$2,300
Interest-$1,476-$1,476
Conferences and Meetings-$1,083-$1,083
Total Functional Expenses$549,923$104,075$41,526$695,524

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$769,622
Expenses per Audited Statements$695,524
Total Expenses per Form 990$695,524
Expenses Not Reported on Form 990$74,098
Expenses Not Reported on Financial Statements$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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Section B, Line 11B

A copy of form 990 is provided to the executive committee for their review before it is filed.

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

Compensation to the executive director is based off of available market data and is revised based upon experience of the director, current market conditions, and other criteria.

Form 990, Part VI, Section C, Line 19

The annual report contains a financial summary of the year end and is available on the organization's website, and the annual report is mailed to certain interested parties. Archived copies of board of directors activity are available for in-house review upon request.

Filing and Contact Details

Filer

Filer Name
On Broadway Inc
EIN
39-1825541
Phone
9204372531
Address
340 N BROADWAY 165, GREEN BAY, WI 54303

Signing Officer

Name
Dru Carney
Title
Treasurer
Phone
9204372531
Signed
2022-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dru Carney
Formed
1995
Legal Domicile
Wi
Voting Board Members
16
Independent Board Members
16
Employees
8
Volunteers
186

Preparer

Firm
Hawkins Ash Cpas Llp
Address
520 N BROADWAY SUITE 250, GREEN BAY, WI 54303
Preparer
Jeffrey Danen
Phone
9203369850
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

There was no change in the oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

U.s. Gaap requires management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority. Management has analyzed the tax positions taken by the organization and has concluded that as of december 31, 2021 and 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization will recognize future accrued interest and penalties related to any unrecognized tax benefits and income tax expense if incurred.

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IRS990/MinutesOfCommitteesInd01
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