Civic Intelligence

Dewey Business Partnership Inc

EIN 45-2789161 • 501(c)6 • Dewey Beach, DE

990-N Coverage

Profile

The dewey business partnership working in conjunction with the rehoboth-dewey beach chamber of commerce collectively promotes a positive business environment that contributes to the community and enhances the quality of life in dewey beach.

2009 Coastal HighwayDewey Beach, DE 19971

www.deweybusinesspartnership.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

2.76x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

3rd percentile

-300%

Higher net margin than 3% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$10,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 211.6% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-15%

Faster asset growth than 29% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-88%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$43,386

Down $7,700 (-15%) from 2023

Liabilities

Up

$13,064

Up $6,486 (+99%) from 2023

Net Assets

Down

$30,322

Down $14,186 (-32%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin3rd percentile

Revenue

Down

$4,727

Down $34,684 (-88%) from 2023

Expenses

Up

$18,913

Up $193 (+1.0%) from 2023

Net Income

Down

-$14,186

Down $34,877 (-169%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2017: $37,605Liabilities 2017: $5,364Net Assets 2017: $32,2412017Assets 2018: $10,041Liabilities 2018: $02018Assets 2019: $19,586Liabilities 2019: $3,353Net Assets 2019: $16,2332019Assets 2020: $11,480Liabilities 2020: $2,100Net Assets 2020: $9,3802020Assets 2021: $4,914Liabilities 2021: $3,824Net Assets 2021: $1,0902021Assets 2022: $23,817Liabilities 2022: $0Net Assets 2022: $23,8172022Assets 2023: $51,086Liabilities 2023: $6,578Net Assets 2023: $44,5082023Assets 2024: $43,386Liabilities 2024: $13,064Net Assets 2024: $30,3222024

Highlighted filing

2024

Assets$43,386
Liabilities$13,064
Net Assets$30,322
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2017: $32,684Expenses 2017: $12,359Net Income 2017: $20,3252017Revenue 2018: -$6,319Expenses 2018: $15,881Net Income 2018: -$22,2002018Revenue 2019: $20,026Expenses 2019: $13,834Net Income 2019: $6,1922019Revenue 2020: $3,647Expenses 2020: $10,500Net Income 2020: -$6,8532020Revenue 2021: $4,936Expenses 2021: $13,226Net Income 2021: -$8,2902021Revenue 2022: $37,895Expenses 2022: $15,168Net Income 2022: $22,7272022Revenue 2023: $39,411Expenses 2023: $18,720Net Income 2023: $20,6912023Revenue 2024: $4,727Expenses 2024: $18,913Net Income 2024: -$14,1862024

Highlighted filing

2024

Revenue$4,727
Expenses$18,913
Net Income-$14,186
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,386
Liabilities
$13,064
Net assets
$30,322
Revenue
$4,727
Expenses
$18,913
Net income
-$14,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$43.4$13.1$30.3$4.73$18.9$14.2
2023Detailed filing. Detailed filing data is available for this year.$51.1$6.58$44.5$39.4$18.7$20.7
2022Detailed filing. Detailed filing data is available for this year.$23.8$0.00$23.8$37.9$15.2$22.7
2021Detailed filing. Detailed filing data is available for this year.$4.91$3.82$1.09$4.94$13.2$8.29
2020Detailed filing. Detailed filing data is available for this year.$11.5$2.10$9.38$3.65$10.5$6.85
2019Detailed filing. Detailed filing data is available for this year.$19.6$3.35$16.2$20.0$13.8$6.19
2018Summary only. Only limited summary data is available for this year.$10.0$0.00$6.32$15.9$22.2
2017Detailed filing. Detailed filing data is available for this year.$37.6$5.36$32.2$32.7$12.4$20.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$191,503
Mission and Program Overview

Mission

The dewey business partnership working in conjunction with the rehoboth-dewey beach chamber of commerce collectively promotes a positive business environment that contributes to the community and enhances the quality of life in dewey beach.

Program Services

DescriptionGrantsExpenses
DEWEY BEACH WINTER GALA (FEBRUARY): TO CELEBRATE DEWEY AND ALL IT HAS TO OFFER, BRING THE TOWN TOGETHER AND SUPPORT THE LOCAL DEWEY POLICE AND LIFEGUARDS.$0$0
DEWEY ARTS FEST (MAY): PHOTOGRAPHERS, JEWELERS, WOODWORKERS AND OTHER ARTISTS AND CRAFTERS SET UP TENTS ALONG DAGSWORTHY AVENUE TO SHOWCASE THIER WORK. BESIDES ARTIST TENTS, EVENT FEATURES ACTIVITIES FOR CHILDREN INCLUDING A MOONBOUNCE, MAGIC SHOW AND FACE-PAINTING STATIONS. BRINGS OVER 1000 PEOPLE INTO THE TOWN.$0$0
END OF THE SEASON LOCALS BEACH PARTY (SEPT): DEWEY BUSINESSES AND VOLUNTEERS COME TOGETHER TO HOST THIS PARTY ON THE BEACH TO END THE SUMMER SEASON. HUNDREDS ENTERTAINED BY LIVE MUSIC, AND THE FOOD AND DRINKS ARE ALL PROVIDED FROM LOCAL DEWEY RESTURANTS.$0$0
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLY RANIERIExecutive DirectorFT$10,000-$10,000
STEPHEN MONTGOMERYPresident-$0--
JIMMY O'CONORVice President-$0--
DREW DIFONZOSecretary/Treasurer-$0--
VINCE DIFONZODirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Gala$89,250$71,125$62,844$8,281
Total Events$153,878$119,050$158,271$-39,221
Filing and Contact Details

Filer

Filer Name
Dewey Business Partnership Inc
EIN
45-2789161
Phone
3022274660
Address
2009 COASTAL HIGHWAY, DEWEY BEACH, DE 19971

Signing Officer

Name
Stephen Montgomery
Title
President
Phone
3022274660
Signed
2025-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Wheeler Wolfenden & Dwares Pa
Address
4550 LINDEN HILL ROAD STE 201, WILMINGTON, DE 19808
Preparer
Kathleen Corcoran CPA
Phone
3022548240
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 22. Description: insurance expense. Amount: 862. Description: tax expense. Amount: 27. Total to form 990-ez, line 16: 911.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses . Beg. Of year amount: 0. End of year amount: 2,200.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts receivable. Beg. Of year amount: 50. End of year amount: 0. Description: accouts payable . Beg. Of year amount: 6,528. End of year amount: 11,064. Description: deferred revenue . Beg. Of year amount: 0. End of year amount: 2,000.”

Raw XML Appendix153 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEPHEN MONTGOMERY
IRS990EZ/BooksInCareOfDetail/PhoneNum03022274660
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02009 HIGHWAY ONE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DEWEY BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019971
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IRS990EZ/GrossReceiptsAmt0191503
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHEN MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIMMY O'CONOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KELLY RANIERI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DREW DIFONZO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VINCE DIFONZO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02200
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0911
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE DEWEY BUSINESS PARTNERSHIP WORKING IN CONJUNCTION WITH THE REHOBOTH-DEWEY BEACH CHAMBER OF COMMERCE COLLECTIVELY PROMOTES A POSITIVE BUSINESS ENVIRONMENT THAT CONTRIBUTES TO THE COMMUNITY AND ENHANCES THE QUALITY OF LIFE IN DEWEY BEACH.
IRS990EZ/PrintingPublicationsPostageAmt05702
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEWEY BEACH WINTER GALA (FEBRUARY): TO CELEBRATE DEWEY AND ALL IT HAS TO OFFER, BRING THE TOWN TOGETHER AND SUPPORT THE LOCAL DEWEY POLICE AND LIFEGUARDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DEWEY ARTS FEST (MAY): PHOTOGRAPHERS, JEWELERS, WOODWORKERS AND OTHER ARTISTS AND CRAFTERS SET UP TENTS ALONG DAGSWORTHY AVENUE TO SHOWCASE THIER WORK. BESIDES ARTIST TENTS, EVENT FEATURES ACTIVITIES FOR CHILDREN INCLUDING A MOONBOUNCE, MAGIC SHOW AND FACE-PAINTING STATIONS. BRINGS OVER 1000 PEOPLE INTO THE TOWN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2END OF THE SEASON LOCALS BEACH PARTY (SEPT): DEWEY BUSINESSES AND VOLUNTEERS COME TOGETHER TO HOST THIS PARTY ON THE BEACH TO END THE SUMMER SEASON. HUNDREDS ENTERTAINED BY LIVE MUSIC, AND THE FOOD AND DRINKS ARE ALL PROVIDED FROM LOCAL DEWEY RESTURANTS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-50201
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06578
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt013064
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt018913
IRS990EZ/TotalRevenueAmt04727
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.DEWEYBUSINESSPARTNERSHIP.COM
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04750
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt010684
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt015434
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WINTER GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt018588
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0600
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019188
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt064628
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt071125
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0119050
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0123649
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt062844
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 22. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 862. DESCRIPTION: TAX EXPENSE. AMOUNT: 27. TOTAL TO FORM 990-EZ, LINE 16: 911.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID EXPENSES . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 50. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUTS PAYABLE . BEG. OF YEAR AMOUNT: 6,528. END OF YEAR AMOUNT: 11,064. DESCRIPTION: DEFERRED REVENUE . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN MONTGOMERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03022274660
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DEWEY BUSINESS PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0DEWE
ReturnHeader/Filer/EIN0452789161
ReturnHeader/Filer/PhoneNum03022274660
ReturnHeader/Filer/USAddress/AddressLine1Txt02009 COASTAL HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0DEWEY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019971
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510380493
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHEELER WOLFENDEN & DWARES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 LINDEN HILL ROAD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019808
ReturnHeader/PreparerPersonGrp/PhoneNum03022548240
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHLEEN CORCORAN CPA
ReturnHeader/ReturnTs02025-05-12T12:03:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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