Civic Intelligence

Licking Downtown Inc.

990EZ • Fiscal year 2015 • EIN 43-2074313

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 19, 2016

13398 Mcculloch DrLicking, MO 65542

(573) 674-1275

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

8th percentile

-51%

Faster asset growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-85%

Faster revenue growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$34,136

Down $35,275 (-51%) from 2014

Net Assets

Down

$34,136

Down $35,275 (-51%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$6,465

Down $35,348 (-85%) from 2014

Expenses

Down

$1,970

Down $10,205 (-84%) from 2014

Net Income

Down

$4,495

Down $25,143 (-85%) from 2014

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $42,104Net Assets 2010: $42,1042010Assets 2011: $40,786Net Assets 2011: $40,7862011Assets 2012: $39,670Net Assets 2012: $39,6702012Assets 2013: $39,773Liabilities 2013: $0Net Assets 2013: $39,7732013Assets 2014: $69,411Liabilities 2014: $0Net Assets 2014: $69,4112014Assets 2015: $34,136Liabilities 2015: $0Net Assets 2015: $34,1362015Assets 2016: $29,279Liabilities 2016: $0Net Assets 2016: $29,2792016

Highlighted filing

2015

Assets$34,136
Liabilities$0
Net Assets$34,136

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2010: $3,204Expenses 2010: $4,712Net Income 2010: -$1,5082010Revenue 2011: $3,669Expenses 2011: $4,987Net Income 2011: -$1,3182011Revenue 2012: $5,556Expenses 2012: $6,672Net Income 2012: -$1,1162012Revenue 2013: $2,608Expenses 2013: $2,505Net Income 2013: $1032013Revenue 2014: $41,813Expenses 2014: $12,175Net Income 2014: $29,6382014Revenue 2015: $6,465Expenses 2015: $1,970Net Income 2015: $4,4952015Revenue 2016: $4,512Expenses 2016: $9,369Net Income 2016: -$4,8572016

Highlighted filing

2015

Revenue$6,465
Expenses$1,970
Net Income$4,495
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 19, 2016
Return Version
2015v2.1
Gross Receipts
$7,163
Mission and Program Overview

Mission

The primary purpose of licking downtown, inc is to educate the local community about grants/sources for improvements in licking, missouri. The public has benefitted because donations and grant monies were used for public and infrastructure improvements. Such improvements included but were not limited to sidewalks, lighting, and proper water drainage. Thereby, public safety and facility accessibility by disabled persons were be enhanced through these programs. In 2009, a local organization, licking betterment association, dissolved and transferred all of its assets according to missouri law to licking downtown, inc. The assets transferred included cash in the checking account and a historical building, the licking mill. The mill is a focal point in the community and the current year activities may include continued renovation, christmas lighting, historical and musical programs. In conjunction with improving the downtown focus along with fostering patriotism, the organization has a prog

Program Services

DescriptionGrantsExpenses
LICKING DOWNTOWN CONTINUES TO MAINTAIN THE HISTORIC MILL FACILITY IN AN EFFORT TO REVITALIZE DOWNTOWN LICKING WITH VARIOUS ACTIVITIES WHICH INCLUDE A FALL FESTIVAL WITH MUSIC AND DEMONSTRATIONS. THE MILL BUILDING WAS TRANSFERRED TO THIS ORGANIZATION IN 2009. THE MILL ANCHORS DOWNTOWN AND IS THE LARGEST TOURIST ATRACTION IN DOWNTOWN LICKING.-$1,281
LICKING DOWNTOWN, INC. PUTS TOGETHER A CALENDAR FROM PICTURES GATHERED FROM INDIVIDUALS OF SCENES FROM PAST YEARS IN THE TOWN. THESE CALENDARS ARE AVAILABLE FOR SALE AND FOSTER INTEREST IN THE TOWN. T SHIRT SALES ARE ALSO PART OF THE FUND RAISING FOR THE ORGANIZATION. THE ORGANIZATION ALSO SPONSORED A POKER RUN TO RAISE MONEY FOR ITS PROJECTS.-$424
A 3 ON 3 BASKETBALL TOURNAMENT IS HELD ANNUALLY AT LICKING HIGH SCHOOL WHICH BRINGS IN HUNDREDS OF PEOPLE TO DOWNTOWN LICKING. THE PROCEEDS ARE USED FOR THE VARIOUS IMPROVEMENTS TO DOWNTOWN LICKING AND INCLUDES CONTINUED MAINTENANCE OF THE FLAG DISPLAYS ON THE DOWNTOWN LIGHT POSTS. THESE MEMORIAL FLAGS ARE PURCHASED THROUGH PRIOR YEAR DONATIONS AND THE ORGANIZATION ENSURES THAT THE FLAGS ARE DISPLAYED AT VARIOUS APPROPRIATE TIMES DURING THE YEAR IN THE DOWNTOWN AREA. IN 2014, A PROJECT TO CONSTRUCT AND ERECT A PERMANENT MEMORIAL PARK FOR THE FALLEN WAS UNDERTAKEN. DONATIONS WERE RECEIVED IN 2014 AND THE PARK WAS DEDICATED IN 2015. PAVING BRICKS, BENCHES, AND VARIOUS MEMORIAL ITEMS WERE PART OF THE ACTIVITIES IN 2014/2015 TO MAKE THIS MEMORIAL PARK A REALITY. THE PARK MEMORIALS INCLUDE AREA RESIDENTS WHO WERE KILLED IN ACTION WHILE SERVING IN THE MILITARY, AS WELL AS LAW ENFORCEMENT OFFICERS KILLED IN THE LINE OF DUTY.-$265
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CONWAY HAWNPresident/Tr-$0--
JOAN BRANNAMSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Licking Downtown Inc
EIN
43-2074313
Phone
5736741275
Address
13398 MCCULLOCH DR, LICKING, MO 65542

Signing Officer

Name
Conway Hawn
Title
President/treasurer
Phone
5736744343
Signed
2016-10-19
Discuss with paid preparer
Yes

Preparer

Firm
Pratt Mitchell & Co Pc
Address
303 N WASHINGTON P O BOX 150, SALEM, MO 65560
Preparer
Chester E Pratt Jr
Phone
5737296115
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses supplies/postage 40 licking mill bldg insurance 735 total 775

Form 990-ez, Part I, Line 20

Memorial park transfer to city -39,770 transfer of memorial park to city of licking, missouri land was donated in 2014 and construction of a permanent memorial park for the fallen was undertaken in that same year. Donations were received during 2014 and the park was dedicated in 2015. The park memorial includes area residents who were killed in action while serving in the military, as well as law enforcement officers killed in the line of duty. All of these donations/details were disclosed in the organizations 2014 form 990ez. On december 18, 2015, the legal ownership of the park was transferred to the city of licking. Therefore, the accumulated costs of the park, including land value are adjusted from the organization's balance sheet and decreases the fund balance of the organization.

Form 990-ez, Part III

The primary purpose of licking downtown, inc is to educate the local community about grants/sources for improvements in licking, missouri. The public has benefitted because donations and grant monies were used for public and infrastructure improvements. Such improvements included but were not limited to sidewalks, lighting, and proper water drainage. Thereby, public safety and facility accessibility by disabled persons were be enhanced through these programs. In 2009, a local organization, licking betterment association, dissolved and transferred all of its assets according to missouri law to licking downtown, inc. The assets transferred included cash in the checking account and a historical building, the licking mill. The mill is a focal point in the community and the current year activities may include continued renovation, christmas lighting, historical and musical programs. In conjunction with improving the downtown focus along with fostering patriotism, the organization has a program to display flags on the light posts that line the downtown area on special days of the year. A veterans memorial park project commenced in 2014 and was completed in 2015. The project is a permanent memorial for individuals associated with the community who gave their lives in service for their communities and their country.

Form 990-ez, Part III, Line 28

A 3 on 3 basketball tournament is held annually at licking high school which brings in hundreds of people to downtown licking. The proceeds are used for the various improvements to downtown licking and includes continued maintenance of the flag displays on the downtown light posts. These memorial flags are purchased through prior year donations and the organization ensures that the flags are displayed at various appropriate times during the year in the downtown area. In 2014, a project to construct and erect a permanent memorial park for the fallen was undertaken. Donations were received in 2014 and the park was dedicated in 2015. Paving bricks, benches, and various memorial items were part of the activities in 2014/2015 to make this memorial park a reality. The park memorials include area residents who were killed in action while serving in the military, as well as law enforcement officers killed in the line of duty.

Form 990-ez, Part III, Line 29

Licking downtown continues to maintain the historic mill facility in an effort to revitalize downtown licking with various activities which include a fall festival with music and demonstrations. The mill building was transferred to this organization in 2009. The mill anchors downtown and is the largest tourist atraction in downtown licking.

Form 990-ez, Part III, Line 30

Licking downtown, inc. Puts together a calendar from pictures gathered from individuals of scenes from past years in the town. These calendars are available for sale and foster interest in the town. T shirt sales are also part of the fund raising for the organization. The organization also sponsored a poker run to raise money for its projects.

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IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY PURPOSE OF LICKING DOWNTOWN, INC IS TO EDUCATE THE LOCAL COMMUNITY ABOUT GRANTS/SOURCES FOR IMPROVEMENTS IN LICKING, MISSOURI. THE PUBLIC HAS BENEFITTED BECAUSE DONATIONS AND GRANT MONIES WERE USED FOR PUBLIC AND INFRASTRUCTURE IMPROVEMENTS. SUCH IMPROVEMENTS INCLUDED BUT WERE NOT LIMITED TO SIDEWALKS, LIGHTING, AND PROPER WATER DRAINAGE. THEREBY, PUBLIC SAFETY AND FACILITY ACCESSIBILITY BY DISABLED PERSONS WERE BE ENHANCED THROUGH THESE PROGRAMS. IN 2009, A LOCAL ORGANIZATION, LICKING BETTERMENT ASSOCIATION, DISSOLVED AND TRANSFERRED ALL OF ITS ASSETS ACCORDING TO MISSOURI LAW TO LICKING DOWNTOWN, INC. THE ASSETS TRANSFERRED INCLUDED CASH IN THE CHECKING ACCOUNT AND A HISTORICAL BUILDING, THE LICKING MILL. THE MILL IS A FOCAL POINT IN THE COMMUNITY AND THE CURRENT YEAR ACTIVITIES MAY INCLUDE CONTINUED RENOVATION, CHRISTMAS LIGHTING, HISTORICAL AND MUSICAL PROGRAMS. IN CONJUNCTION WITH IMPROVING THE DOWNTOWN FOCUS ALONG WITH FOSTERING PATRIOTISM, THE ORGANIZATION HAS A PROG
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0A 3 ON 3 BASKETBALL TOURNAMENT IS HELD ANNUALLY AT LICKING HIGH SCHOOL WHICH BRINGS IN HUNDREDS OF PEOPLE TO DOWNTOWN LICKING. THE PROCEEDS ARE USED FOR THE VARIOUS IMPROVEMENTS TO DOWNTOWN LICKING AND INCLUDES CONTINUED MAINTENANCE OF THE FLAG DISPLAYS ON THE DOWNTOWN LIGHT POSTS. THESE MEMORIAL FLAGS ARE PURCHASED THROUGH PRIOR YEAR DONATIONS AND THE ORGANIZATION ENSURES THAT THE FLAGS ARE DISPLAYED AT VARIOUS APPROPRIATE TIMES DURING THE YEAR IN THE DOWNTOWN AREA. IN 2014, A PROJECT TO CONSTRUCT AND ERECT A PERMANENT MEMORIAL PARK FOR THE FALLEN WAS UNDERTAKEN. DONATIONS WERE RECEIVED IN 2014 AND THE PARK WAS DEDICATED IN 2015. PAVING BRICKS, BENCHES, AND VARIOUS MEMORIAL ITEMS WERE PART OF THE ACTIVITIES IN 2014/2015 TO MAKE THIS MEMORIAL PARK A REALITY. THE PARK MEMORIALS INCLUDE AREA RESIDENTS WHO WERE KILLED IN ACTION WHILE SERVING IN THE MILITARY, AS WELL AS LAW ENFORCEMENT OFFICERS KILLED IN THE LINE OF DUTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1LICKING DOWNTOWN CONTINUES TO MAINTAIN THE HISTORIC MILL FACILITY IN AN EFFORT TO REVITALIZE DOWNTOWN LICKING WITH VARIOUS ACTIVITIES WHICH INCLUDE A FALL FESTIVAL WITH MUSIC AND DEMONSTRATIONS. THE MILL BUILDING WAS TRANSFERRED TO THIS ORGANIZATION IN 2009. THE MILL ANCHORS DOWNTOWN AND IS THE LARGEST TOURIST ATRACTION IN DOWNTOWN LICKING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2LICKING DOWNTOWN, INC. PUTS TOGETHER A CALENDAR FROM PICTURES GATHERED FROM INDIVIDUALS OF SCENES FROM PAST YEARS IN THE TOWN. THESE CALENDARS ARE AVAILABLE FOR SALE AND FOSTER INTEREST IN THE TOWN. T SHIRT SALES ARE ALSO PART OF THE FUND RAISING FOR THE ORGANIZATION. THE ORGANIZATION ALSO SPONSORED A POKER RUN TO RAISE MONEY FOR ITS PROJECTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES/POSTAGE 40 LICKING MILL BLDG INSURANCE 735 TOTAL 775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMORIAL PARK TRANSFER TO CITY -39,770 TRANSFER OF MEMORIAL PARK TO CITY OF LICKING, MISSOURI LAND WAS DONATED IN 2014 AND CONSTRUCTION OF A PERMANENT MEMORIAL PARK FOR THE FALLEN WAS UNDERTAKEN IN THAT SAME YEAR. DONATIONS WERE RECEIVED DURING 2014 AND THE PARK WAS DEDICATED IN 2015. THE PARK MEMORIAL INCLUDES AREA RESIDENTS WHO WERE KILLED IN ACTION WHILE SERVING IN THE MILITARY, AS WELL AS LAW ENFORCEMENT OFFICERS KILLED IN THE LINE OF DUTY. ALL OF THESE DONATIONS/DETAILS WERE DISCLOSED IN THE ORGANIZATIONS 2014 FORM 990EZ. ON DECEMBER 18, 2015, THE LEGAL OWNERSHIP OF THE PARK WAS TRANSFERRED TO THE CITY OF LICKING. THEREFORE, THE ACCUMULATED COSTS OF THE PARK, INCLUDING LAND VALUE ARE ADJUSTED FROM THE ORGANIZATION'S BALANCE SHEET AND DECREASES THE FUND BALANCE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRIMARY PURPOSE OF LICKING DOWNTOWN, INC IS TO EDUCATE THE LOCAL COMMUNITY ABOUT GRANTS/SOURCES FOR IMPROVEMENTS IN LICKING, MISSOURI. THE PUBLIC HAS BENEFITTED BECAUSE DONATIONS AND GRANT MONIES WERE USED FOR PUBLIC AND INFRASTRUCTURE IMPROVEMENTS. SUCH IMPROVEMENTS INCLUDED BUT WERE NOT LIMITED TO SIDEWALKS, LIGHTING, AND PROPER WATER DRAINAGE. THEREBY, PUBLIC SAFETY AND FACILITY ACCESSIBILITY BY DISABLED PERSONS WERE BE ENHANCED THROUGH THESE PROGRAMS. IN 2009, A LOCAL ORGANIZATION, LICKING BETTERMENT ASSOCIATION, DISSOLVED AND TRANSFERRED ALL OF ITS ASSETS ACCORDING TO MISSOURI LAW TO LICKING DOWNTOWN, INC. THE ASSETS TRANSFERRED INCLUDED CASH IN THE CHECKING ACCOUNT AND A HISTORICAL BUILDING, THE LICKING MILL. THE MILL IS A FOCAL POINT IN THE COMMUNITY AND THE CURRENT YEAR ACTIVITIES MAY INCLUDE CONTINUED RENOVATION, CHRISTMAS LIGHTING, HISTORICAL AND MUSICAL PROGRAMS. IN CONJUNCTION WITH IMPROVING THE DOWNTOWN FOCUS ALONG WITH FOSTERING PATRIOTISM, THE ORGANIZATION HAS A PROGRAM TO DISPLAY FLAGS ON THE LIGHT POSTS THAT LINE THE DOWNTOWN AREA ON SPECIAL DAYS OF THE YEAR. A VETERANS MEMORIAL PARK PROJECT COMMENCED IN 2014 AND WAS COMPLETED IN 2015. THE PROJECT IS A PERMANENT MEMORIAL FOR INDIVIDUALS ASSOCIATED WITH THE COMMUNITY WHO GAVE THEIR LIVES IN SERVICE FOR THEIR COMMUNITIES AND THEIR COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A 3 ON 3 BASKETBALL TOURNAMENT IS HELD ANNUALLY AT LICKING HIGH SCHOOL WHICH BRINGS IN HUNDREDS OF PEOPLE TO DOWNTOWN LICKING. THE PROCEEDS ARE USED FOR THE VARIOUS IMPROVEMENTS TO DOWNTOWN LICKING AND INCLUDES CONTINUED MAINTENANCE OF THE FLAG DISPLAYS ON THE DOWNTOWN LIGHT POSTS. THESE MEMORIAL FLAGS ARE PURCHASED THROUGH PRIOR YEAR DONATIONS AND THE ORGANIZATION ENSURES THAT THE FLAGS ARE DISPLAYED AT VARIOUS APPROPRIATE TIMES DURING THE YEAR IN THE DOWNTOWN AREA. IN 2014, A PROJECT TO CONSTRUCT AND ERECT A PERMANENT MEMORIAL PARK FOR THE FALLEN WAS UNDERTAKEN. DONATIONS WERE RECEIVED IN 2014 AND THE PARK WAS DEDICATED IN 2015. PAVING BRICKS, BENCHES, AND VARIOUS MEMORIAL ITEMS WERE PART OF THE ACTIVITIES IN 2014/2015 TO MAKE THIS MEMORIAL PARK A REALITY. THE PARK MEMORIALS INCLUDE AREA RESIDENTS WHO WERE KILLED IN ACTION WHILE SERVING IN THE MILITARY, AS WELL AS LAW ENFORCEMENT OFFICERS KILLED IN THE LINE OF DUTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LICKING DOWNTOWN CONTINUES TO MAINTAIN THE HISTORIC MILL FACILITY IN AN EFFORT TO REVITALIZE DOWNTOWN LICKING WITH VARIOUS ACTIVITIES WHICH INCLUDE A FALL FESTIVAL WITH MUSIC AND DEMONSTRATIONS. THE MILL BUILDING WAS TRANSFERRED TO THIS ORGANIZATION IN 2009. THE MILL ANCHORS DOWNTOWN AND IS THE LARGEST TOURIST ATRACTION IN DOWNTOWN LICKING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LICKING DOWNTOWN, INC. PUTS TOGETHER A CALENDAR FROM PICTURES GATHERED FROM INDIVIDUALS OF SCENES FROM PAST YEARS IN THE TOWN. THESE CALENDARS ARE AVAILABLE FOR SALE AND FOSTER INTEREST IN THE TOWN. T SHIRT SALES ARE ALSO PART OF THE FUND RAISING FOR THE ORGANIZATION. THE ORGANIZATION ALSO SPONSORED A POKER RUN TO RAISE MONEY FOR ITS PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
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ReturnHeader/PreparerPersonGrp/PhoneNum05737296115
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHESTER E PRATT JR
ReturnHeader/ReturnTs02016-11-02T09:23:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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