Civic Intelligence

Charleston East End Main Street Inc

990 • Fiscal year 2017 • EIN 45-2041887

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

PO Box 11255Charleston, WV 25339

(304) 767-9800

Siviq Scores

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

Liabilities / Assets

91st percentile

0.62x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-25%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

96th percentile

$71,685

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 20.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

6th percentile

-65%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-41%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$73,125

Down $134,929 (-65%) from 2016

Net Assets

Down

$27,774

Down $87,255 (-76%) from 2016

Liabilities

Down

$45,351

Down $47,674 (-51%) from 2016

Revenue

Down

$344,869

Down $237,757 (-41%) from 2016

Expenses

Down

$432,124

Down $107,132 (-20%) from 2016

Net Income

Down

-$87,255

Down $130,625 (-301%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2012: $31,151Liabilities 2012: $9272012Assets 2013: $61,517Liabilities 2013: $6,127Net Assets 2013: $55,3902013Assets 2014: $125,165Liabilities 2014: $51,105Net Assets 2014: $74,0602014Assets 2015: $103,834Liabilities 2015: $32,175Net Assets 2015: $71,6592015Assets 2016: $208,054Liabilities 2016: $93,025Net Assets 2016: $115,0292016Assets 2017: $73,125Liabilities 2017: $45,351Net Assets 2017: $27,7742017Assets 2018: $103,111Liabilities 2018: $84,721Net Assets 2018: $18,3902018Assets 2019: $76,054Liabilities 2019: $107,622Net Assets 2019: -$31,5682019Assets 2020: $86,611Liabilities 2020: $128,716Net Assets 2020: -$42,1052020Assets 2021: $81,865Liabilities 2021: $120,183Net Assets 2021: -$38,3182021Assets 2022: $405,340Liabilities 2022: $368,745Net Assets 2022: $36,5952022Assets 2023: $467,586Liabilities 2023: $461,911Net Assets 2023: $5,6752023Assets 2024: $429,929Liabilities 2024: $402,891Net Assets 2024: $27,0382024

Highlighted filing

2017

Assets$73,125
Liabilities$45,351
Net Assets$27,774

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $127,759Expenses 2012: $97,535Net Income 2012: $30,2242012Revenue 2013: $147,400Expenses 2013: $122,234Net Income 2013: $25,1662013Revenue 2014: $173,638Expenses 2014: $154,968Net Income 2014: $18,6702014Revenue 2015: $218,179Expenses 2015: $220,580Net Income 2015: -$2,4012015Revenue 2016: $582,626Expenses 2016: $539,256Net Income 2016: $43,3702016Revenue 2017: $344,869Expenses 2017: $432,124Net Income 2017: -$87,2552017Revenue 2018: $268,330Expenses 2018: $277,714Net Income 2018: -$9,3842018Revenue 2019: $315,122Expenses 2019: $365,080Net Income 2019: -$49,9582019Revenue 2020: $250,067Expenses 2020: $260,604Net Income 2020: -$10,5372020Revenue 2021: $208,289Expenses 2021: $195,453Net Income 2021: $12,8362021Revenue 2022: $420,738Expenses 2022: $345,034Net Income 2022: $75,7042022Revenue 2023: $248,225Expenses 2023: $279,145Net Income 2023: -$30,9202023Revenue 2024: $391,917Expenses 2024: $365,915Net Income 2024: $26,0022024

Highlighted filing

2017

Revenue$344,869
Expenses$432,124
Net Income-$87,255
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$445,064
Mission and Program Overview

Mission

Charleston main streets will grow vibrant commercial districts, serving as the main vessel through the city's urban core, that fosters an environment for economic growth and the strongest business districts in west virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,647--
Accounts Receivable$19,099$42,901▲ $23,802
Land, Buildings, and Equipment, Net$38,308$28,597▼ $9,711
Prepaid Expenses and Deferred Charges-$1,627-
Total Assets$208,054$73,125▼ $134,929
Liabilities
Deferred Revenue$75,307$26,918▼ $48,389
Accounts Payable and Accrued Expenses$17,718$17,623▼ $95
Other Liabilities$0$810▲ $810
Total Liabilities$93,025$45,351▼ $47,674
Net Assets / Fund Balance
Unrestricted Net Assets$115,029$27,774▼ $87,255
Total Net Assets Fund Balance$115,029$27,774▼ $87,255
Total Liabilities and Net Assets / Fund Balance$208,054$73,125▼ $134,929

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,322$31,526$51,848
Equipment$8,275$5,504$13,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cavender RicExecutive DirectorFT$69,146$2,539$71,685

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$213,222
Program Service Revenue
$86,679
Investment Income
$0
Other Revenue
$44,968
All Other Contributions
$32,312
Change in Net Assets
$-87,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,355
Salaries, Compensation, and Employee Benefits$189,742
Grants and Similar Amounts Paid$50,027
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,110$16,608-$110,718
Current Officers, Directors, Trustees, and Key Employees$57,570$10,159-$67,729
Grants to Domestic Orgs$50,027--$50,027
Advertising$20,884--$20,884
Occupancy$10,107$1,784-$11,891
Depreciation Depletion$8,679$2,492-$11,171
Conferences and Meetings$8,597--$8,597
Payroll Taxes$7,069$1,247-$8,316
Office Expenses-$7,216-$7,216
Insurance-$3,723-$3,723
Travel-$3,249-$3,249
Other Employee Benefits$2,532$447-$2,979
Information Technology-$2,146-$2,146
Other Expenses$300$4,066-$300
Total Functional Expenses$378,987$53,137$0$432,124
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Triangle District LLCCharleston, WVFor ProfitFacade Grant$18,167
DaymarkCharleston, WVFor ProfitFacade Grant$15,028
FOX'S PIZZA DENCharleston, WVFor ProfitFacade Grant$6,557
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$136,909
Fundraising Direct Expenses$95,995
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Foam at Dome$70,612$70,612$54,238$16,374
Oktoberwest$66,297$66,297$41,757$24,540
Total Events$136,909$136,909$95,995$40,914
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cash Overdraft$810
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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

Copy of 990 is emailed to the board of directors for review and officially reviewed at the next board meeting. A vote is called to approve and accept the 990 as prepared before officially filing.

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

Conflict of interest form is distributed to officers and board members and they are asked to sign and submit to executive director.

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

The board does an independent study of other main street directors in the state to determine the executive director's salary.

Form 990, Part VI, Section C, Line 19

Information is available upon request.

Filing and Contact Details

Filer

Filer Name
Charleston Main Streets Inc
EIN
45-2041887
Phone
3047679800
Address
PO BOX 11255, CHARLESTON, WV 25339

Signing Officer

Name
Ric Cavender
Title
Executive Director
Phone
3047679800
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ric Cavender
Formed
2011
Legal Domicile
Wv
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
140

Preparer

Firm
Suttle & Stalnaker Pllc
Address
1411 VIRGINIA ST E STE 100, CHARLESTON, WV 25301
Preparer
Miri D Hunter CPA
Phone
3043434126
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed since the prior year.

Raw XML AppendixShowing 400 of 523 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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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0447
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02532
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02979
IRS990/OtherExpensesGrp/Desc0HALLOWEAST, BAZAAR, URB
IRS990/OtherExpensesGrp/Desc1MISCELLANOUS
IRS990/OtherExpensesGrp/Desc2MEMBERSHIPS CAMPAIGN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04066
IRS990/OtherExpensesGrp/ProgramServicesAmt0119112
IRS990/OtherExpensesGrp/ProgramServicesAmt1300
IRS990/OtherExpensesGrp/TotalAmt0119112
IRS990/OtherExpensesGrp/TotalAmt14066
IRS990/OtherExpensesGrp/TotalAmt2300
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0810
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04054
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04054
IRS990/OtherRevenueTotalAmt04054
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016608
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt094110
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110718
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01247
IRS990/PayrollTaxesGrp/ProgramServicesAmt07069
IRS990/PayrollTaxesGrp/TotalAmt08316
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01627
IRS990/PrincipalOfficerNm0RIC CAVENDER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0GENERAL
IRS990/ProgramServiceRevenueGrp/Desc1HALLOWEAST
IRS990/ProgramServiceRevenueGrp/Desc2BAZAAR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt030846
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130546
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030846
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130546
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222141
IRS990/ProgSrvcAccomActy2Grp/Desc0HALLOWEAST - DURING FY 2015-2016, OVER 1,000 PEOPLE CAME TO ENJOY LIVE ENTERTAINMENT, BUSINESS PROMOTIONS, AND SOCIAL GATHERINGS THE EVENT HAD TO OFFER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015087
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt030546
IRS990/ProgSrvcAccomActy3Grp/Desc0EAST END BAZAAR - CHARLESTON'S FIRST OPEN-AIR ARTISAN MARKET FEATURING LIVE MUSIC, LOCAL FOOD, AND LOTS OF GREAT ART AND CRAFTS. THE BAZAAR PROVIDES LOCAL AND REGIONAL ARTISTS AND CRAFTSPEOPLE A MUCH-NEEDED VENUE TO DISPLAY AND SELL THEIR WARES. LOCAL MUSICIANS AND PERFORMERS ARE SHOWCASED EACH WEEK OF THE BAZAAR, AS ARE A VARIETY OF LOCAL FOOD VENDORS AND PRODUCERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt028379
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt022141
IRS990/ProgSrvcAccomActyOtherGrp/Desc0URBAN DESIGN - IS THE COMMITTEE THAT HANDLES ALL AESTHETIC ENHANCEMENTS ON THE EAST END AND WEST SIDE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt075647
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt07200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0308232
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0130172
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0237818
IRS990/PYOtherRevenueAmt0527
IRS990/PYProgramServiceRevenueAmt0273867
IRS990/PYRevenuesLessExpensesAmt043370
IRS990/PYSalariesCompEmpBnftPaidAmt0171266
IRS990/PYTotalExpensesAmt0539256
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0582626
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-87255
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt030846
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SALARY AND PRINTING REIMBURSEMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0213222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0308232
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0172849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0104030
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0923816
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04200
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04200
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0632927
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04054
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0527
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01383
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05964
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98770
IRS990ScheduleA/PublicSupportPY170Pct00.98010
IRS990ScheduleA/PublicSupportTotal170Amt0922496
IRS990ScheduleA/SubstantialContributorsTotAmt01320
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0213222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0308232
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0172849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125483
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0104030
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0923816
IRS990ScheduleA/TotalSupportAmt0933980
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/BookValueAmt08275
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05504
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013779
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020322
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031526
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0810
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CASH OVERDRAFT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028597
IRS990ScheduleD/TotalLiabilityAmt0810
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt095995
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOAM AT DOME
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OKTOBERWEST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt070612
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt066297
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0136909
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt070612
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt066297
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0136909
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040914
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt095995
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt054238
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt041757
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015028
IRS990ScheduleI/RecipientTable/CashGrantAmt118167
IRS990ScheduleI/RecipientTable/CashGrantAmt26557
IRS990ScheduleI/RecipientTable/IRCSectionDesc0FOR PROFIT
IRS990ScheduleI/RecipientTable/IRCSectionDesc1FOR PROFIT
IRS990ScheduleI/RecipientTable/IRCSectionDesc2FOR PROFIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FACADE GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FACADE GRANT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FACADE GRANT

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