Civic Intelligence

Downtown Farmville

990EZ • Fiscal year 2020 • EIN 45-2018548

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 18, 2021

PO Box 413Farmville, VA 23901

(434) 392-3060

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

56th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

72nd percentile

22%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

85th percentile

$24,231

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

63rd percentile

16%

Faster asset growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

-4.7%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$134,191

Up $18,105 (+16%) from 2019

Net Assets

Up

$134,080

Up $19,621 (+17%) from 2019

Liabilities

Down

$111

Down $1,516 (-93%) from 2019

Revenue

Down

$88,360

Down $4,361 (-4.7%) from 2019

Expenses

Down

$68,740

Down $25,868 (-27%) from 2019

Net Income

Up

$19,620

Up $21,507 (+1140%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $48,173Liabilities 2013: $840Net Assets 2013: $47,3332013Assets 2014: $76,203Liabilities 2014: $1,178Net Assets 2014: $75,0252014Assets 2015: $91,620Liabilities 2015: $2,538Net Assets 2015: $89,0822015Assets 2016: $84,589Liabilities 2016: $1,121Net Assets 2016: $83,4682016Assets 2017: $115,600Liabilities 2017: $2,088Net Assets 2017: $113,5122017Assets 2018: $116,403Liabilities 2018: $57Net Assets 2018: $116,3462018Assets 2019: $116,086Liabilities 2019: $1,627Net Assets 2019: $114,4592019Assets 2020: $134,191Liabilities 2020: $111Net Assets 2020: $134,0802020Assets 2021: $94,323Liabilities 2021: $75Net Assets 2021: $94,2482021Assets 2022: $115,225Liabilities 2022: $2,371Net Assets 2022: $112,8542022Assets 2023: $148,465Liabilities 2023: $194Net Assets 2023: $148,2712023Assets 2024: $190,792Net Assets 2024: $190,7922024Assets 2025: $151,775Net Assets 2025: $151,7752025

Highlighted filing

2020

Assets$134,191
Liabilities$111
Net Assets$134,080

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $111,966Expenses 2013: $89,406Net Income 2013: $22,5602013Revenue 2014: $143,801Expenses 2014: $116,109Net Income 2014: $27,6922014Revenue 2015: $118,724Expenses 2015: $104,667Net Income 2015: $14,0572015Revenue 2016: $96,085Expenses 2016: $101,699Net Income 2016: -$5,6142016Revenue 2017: $121,408Expenses 2017: $91,364Net Income 2017: $30,0442017Revenue 2018: $90,080Expenses 2018: $87,246Net Income 2018: $2,8342018Revenue 2019: $92,721Expenses 2019: $94,608Net Income 2019: -$1,8872019Revenue 2020: $88,360Expenses 2020: $68,740Net Income 2020: $19,6202020Revenue 2021: $58,146Expenses 2021: $97,978Net Income 2021: -$39,8322021Revenue 2022: $74,992Expenses 2022: $56,387Net Income 2022: $18,6052022Revenue 2023: $154,008Expenses 2023: $118,591Net Income 2023: $35,4172023Revenue 2024: $119,124Expenses 2024: $76,603Net Income 2024: $42,5212024Revenue 2025: $125,676Expenses 2025: $164,693Net Income 2025: -$39,0172025

Highlighted filing

2020

Revenue$88,360
Expenses$68,740
Net Income$19,620
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 18, 2021
Return Version
2020v4.0
Gross Receipts
$88,360
Mission and Program Overview

Mission

Contribute to the revival of downtown farmville, va through orginizing events, applying for and administring revitalization grants centered in downtown farmville.

To use local resources and initiatives to help the community facilitate a self-help methodology of educational programs and events celebrating the social, residential, and business activities of the traditional commercial neighborhood.

Program Services

DescriptionGrantsExpenses
DOWNTOWN PROMOTION PROJECT - AN ANALYSIS OF THE CURRENT CONDITION OF THE DOWNTOWN AREA WAS CONDUCTED TO FACILITATE THE DESIGN FOR THE DOWNTOWN AREA TO AID IN THE DEVELOPMENT OF ECONOMIC GROWTH AND PRIDE IN DOWNTOWN FARMVILLE. PRODUCED A HISTORIC WALKING AND BUSINESS GUIDE WITH DISTRICT MAP THAT PROVIDES ANECDOTAL, HISTORICAL, AND CURRENT INFORMATION ON DOWNTOWN BUSINESSES AND BUILDINGS. SPONSORED SEVERAL EVENTS TO PROMOTE THE MAIN STREET DISTRICT AND ATTRACT VISITORS TO DOWNTOWN.$14,000$38,077
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHELSEY S WHITEProgram ManaFT$21,231$3,000$24,231
JENNIFER COXPresidentPT$0--
PAM BUTLERVice Preside-$0--
EBONI LEESecretary-$0--
MATTHEW AGNORTreasurer-$0--
DEN CRALLEDirector-$0--
PATRICIA CARTERDirector-$0--
SHERI MCGUIREDirector-$0--
EMILY PILKDirector-$0--
CARYN KAYTONDirector-$0--
AMANDA DUNCANDirector-$0--
MICHELLE WALTERSDirector-$0--
JULIE FLORESDirector-$0--
SCOTT DAVISDirector-$0--
SUSIE THOMASDirector-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Farmville
EIN
45-2018548
Phone
4343923060
Address
PO BOX 413, FARMVILLE, VA 23901

Signing Officer

Name
Jennifer Cox
Title
President
Phone
4343923060
Signed
2021-06-18
Discuss with paid preparer
Yes

Preparer

Firm
Honeycutt & Mcguire Cpas Pc
Address
408 EAST THIRD STREET, FARMVILLE, VA 23901
Preparer
William P Mcguire
Phone
4343923159
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Fdp relief and recovery grants of 1,000.00 each were awarded to 14 eligible downtown farmville businesses impacted by covid-19.

Form 990-ez, Part I, Line 16

Expenses advertising 610 dues and subscriptions 325 hra platform fees 180 supplies 1,764 telephone 1,345 conferences 1,846 interest expense 5 liability insurance 2,042 contract services 8,125 promotion 1,000 supplies 3,951 design committee 140 non-investment depreciation 578 total 21,911

Form 990-ez, Part II, Line 24

Furniture, fixtures & equipment 6,029 6,029 less accumulated depreciation 5,451 6,029 intangible assets 8,800 8,800 less accumulated amortization 1,711 2,298 total 7,667 6,502

Form 990-ez, Part II, Line 26

Payroll liabilities 1,438 0 credit card liabilities 189 111

Form 990-ez, Part III

To use local resources and initiatives to help the community facilitate a self-help methodology of educational programs and events celebrating the social, residential, and business activities of the traditional commercial neighborhood.

Form 990-ez, Part III, Line 28

Downtown promotion project - an analysis of the current condition of the downtown area was conducted to facilitate the design for the downtown area to aid in the development of economic growth and pride in downtown farmville. Produced a historic walking and business guide with district map that provides anecdotal, historical, and current information on downtown businesses and buildings. Sponsored several events to promote the main street district and attract visitors to downtown.

Raw XML Appendix217 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0TO USE LOCAL RESOURCES AND INITIATIVES TO HELP THE COMMUNITY FACILITATE A SELF-HELP METHODOLOGY OF EDUCATIONAL PROGRAMS AND EVENTS CELEBRATING THE SOCIAL, RESIDENTIAL, AND BUSINESS ACTIVITIES OF THE TRADITIONAL COMMERCIAL NEIGHBORHOOD.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DOWNTOWN PROMOTION PROJECT - AN ANALYSIS OF THE CURRENT CONDITION OF THE DOWNTOWN AREA WAS CONDUCTED TO FACILITATE THE DESIGN FOR THE DOWNTOWN AREA TO AID IN THE DEVELOPMENT OF ECONOMIC GROWTH AND PRIDE IN DOWNTOWN FARMVILLE. PRODUCED A HISTORIC WALKING AND BUSINESS GUIDE WITH DISTRICT MAP THAT PROVIDES ANECDOTAL, HISTORICAL, AND CURRENT INFORMATION ON DOWNTOWN BUSINESSES AND BUILDINGS. SPONSORED SEVERAL EVENTS TO PROMOTE THE MAIN STREET DISTRICT AND ATTRACT VISITORS TO DOWNTOWN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FDP RELIEF AND RECOVERY GRANTS OF 1,000.00 EACH WERE AWARDED TO 14 ELIGIBLE DOWNTOWN FARMVILLE BUSINESSES IMPACTED BY COVID-19.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 610 DUES AND SUBSCRIPTIONS 325 HRA PLATFORM FEES 180 SUPPLIES 1,764 TELEPHONE 1,345 CONFERENCES 1,846 INTEREST EXPENSE 5 LIABILITY INSURANCE 2,042 CONTRACT SERVICES 8,125 PROMOTION 1,000 SUPPLIES 3,951 DESIGN COMMITTEE 140 NON-INVESTMENT DEPRECIATION 578 TOTAL 21,911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE, FIXTURES & EQUIPMENT 6,029 6,029 LESS ACCUMULATED DEPRECIATION 5,451 6,029 INTANGIBLE ASSETS 8,800 8,800 LESS ACCUMULATED AMORTIZATION 1,711 2,298 TOTAL 7,667 6,502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 1,438 0 CREDIT CARD LIABILITIES 189 111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO USE LOCAL RESOURCES AND INITIATIVES TO HELP THE COMMUNITY FACILITATE A SELF-HELP METHODOLOGY OF EDUCATIONAL PROGRAMS AND EVENTS CELEBRATING THE SOCIAL, RESIDENTIAL, AND BUSINESS ACTIVITIES OF THE TRADITIONAL COMMERCIAL NEIGHBORHOOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOWNTOWN PROMOTION PROJECT - AN ANALYSIS OF THE CURRENT CONDITION OF THE DOWNTOWN AREA WAS CONDUCTED TO FACILITATE THE DESIGN FOR THE DOWNTOWN AREA TO AID IN THE DEVELOPMENT OF ECONOMIC GROWTH AND PRIDE IN DOWNTOWN FARMVILLE. PRODUCED A HISTORIC WALKING AND BUSINESS GUIDE WITH DISTRICT MAP THAT PROVIDES ANECDOTAL, HISTORICAL, AND CURRENT INFORMATION ON DOWNTOWN BUSINESSES AND BUILDINGS. SPONSORED SEVERAL EVENTS TO PROMOTE THE MAIN STREET DISTRICT AND ATTRACT VISITORS TO DOWNTOWN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-18
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023901
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM P MCGUIRE
ReturnHeader/ReturnTs02021-07-13T11:00:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COX
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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