Civic Intelligence

Downtown Kannapolis Inc

990EZ • Fiscal year 2022 • EIN 45-3230743

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 15, 2022

Organization ProfileN/A
PO Box 85Kannapolis, NC 28082

(704) 699-1965

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

2nd percentile

-614%

Higher net margin than 2% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2022 filings • NTEE S41 • <$500k nonprofits • Source year 2022

Asset Growth

48th percentile

-0.3%

Faster asset growth than 48% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

27th percentile

-6.7%

Faster revenue growth than 27% of similar nonprofits.

2022 filings • NTEE S41 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$29,143

Down $86 (-0.3%) from 2021

Net Assets

$29,143

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$14

Down $1 (-6.7%) from 2021

Expenses

Flat

$100

Flat from 2021

Net Income

Down

-$86

Down $1 (-1.2%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$60K$40K$20K$0Assets 2012: $1,977Liabilities 2012: $02012Assets 2013: $17,287Liabilities 2013: $02013Assets 2014: $32,246Net Assets 2014: $32,2462014Assets 2015: $45,144Liabilities 2015: $02015Assets 2016: $35,162Liabilities 2016: $02016Assets 2017: $30,943Liabilities 2017: $02017Assets 2018: $29,487Liabilities 2018: $02018Assets 2019: $29,400Liabilities 2019: $02019Assets 2020: $29,314Liabilities 2020: $02020Assets 2021: $29,229Liabilities 2021: $02021Assets 2022: $29,143Net Assets 2022: $29,1432022Assets 2023: $29,006Net Assets 2023: $29,0062023Assets 2024: $28,195Net Assets 2024: $28,1952024Assets 2025: $27,711Net Assets 2025: $27,7112025

Highlighted filing

2022

Assets$29,143
Liabilities-
Net Assets$29,143
Open 2022 Filing

Operations Trend

Revenue Growth27th percentile

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

$30K$20K$10K$0-$10KRevenue 2012: $6,168Expenses 2012: $4,191Net Income 2012: $1,9772012Revenue 2013: $17,311Expenses 2013: $2,001Net Income 2013: $15,3102013Revenue 2014: $16,630Expenses 2014: $1,671Net Income 2014: $14,9592014Revenue 2015: $26,978Expenses 2015: $14,080Net Income 2015: $12,8982015Revenue 2016: $6,965Expenses 2016: $16,947Net Income 2016: -$9,9822016Revenue 2017: $113Expenses 2017: $4,332Net Income 2017: -$4,2192017Revenue 2018: $14Expenses 2018: $1,470Net Income 2018: -$1,4562018Revenue 2019: $13Expenses 2019: $100Net Income 2019: -$872019Revenue 2020: $14Expenses 2020: $100Net Income 2020: -$862020Revenue 2021: $15Expenses 2021: $100Net Income 2021: -$852021Revenue 2022: $14Expenses 2022: $100Net Income 2022: -$862022Revenue 2023: $13Expenses 2023: $150Net Income 2023: -$1372023Revenue 2024: $14Expenses 2024: $825Net Income 2024: -$8112024Revenue 2025: $13,035Expenses 2025: $13,519Net Income 2025: -$4842025

Highlighted filing

2022

Revenue$14
Expenses$100
Net Income-$86
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 15, 2022
Return Version
2021v4.1
Gross Receipts
$14
Mission and Program Overview

Mission

To build a better city for all

Program Services

DescriptionGrantsExpenses
WORKED ON BUILDING A BETTER RELATIONSHIP BETWEEN BUSI- NESS OWNERS, THE CITY OF KANNAPOLIS, AND CITIZENS OF KANNAPOLIS--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANN BRACKETTTreasurer-$0--
ERIC DEARMONSecretary-$0--
KENNETH RODELLPresident-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Kannapolis Inc
EIN
45-3230743
Address
PO BOX 85, KANNAPOLIS, NC 28082

Signing Officer

Name
Ann Brackett
Title
Treasurer
Phone
7046991965
Signed
2022-09-15
Discuss with paid preparer
Yes

Preparer

Firm
Quality Accounting and Tax Ser Inc
Address
806 N MAIN ST, KANNAPOLIS, NC 28081
Preparer
Amber Safrit
Phone
7049385390
Supplemental Narrative

Additional Explanations

01 Description of Other Assets Part II Line 24

“Intangible assets beg of yr 2904 end of yr 2904 machinery and equipment beg of yr 1657 end of yr 1657”

Raw XML Appendix84 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ANN BRACKETT
IRS990EZ/BooksInCareOfDetail/PhoneNum07046991965
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0402 E 25TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KANNAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028081
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024668
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024582
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-86
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0100
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029229
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029143
IRS990EZ/GrossReceiptsAmt014
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt014
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029229
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029143
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029229
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029143
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANN BRACKETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC DEARMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KENNETH RODELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04561
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04561
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO BUILD A BETTER CITY FOR ALL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORKED ON BUILDING A BETTER RELATIONSHIP BETWEEN BUSI- NESS OWNERS, THE CITY OF KANNAPOLIS, AND CITIZENS OF KANNAPOLIS
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0100
IRS990EZ/TotalRevenueAmt014
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTANGIBLE ASSETS BEG OF YR 2904 END OF YR 2904 MACHINERY AND EQUIPMENT BEG OF YR 1657 END OF YR 1657
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc001 DESCRIPTION OF OTHER ASSETS PART II LINE 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN BRACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046991965
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN KANNAPOLIS INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0453230743
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 85
ReturnHeader/Filer/USAddress/CityNm0KANNAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028082
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561625399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0QUALITY ACCOUNTING AND TAX SER INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0806 N MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANNAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028081
ReturnHeader/PreparerPersonGrp/PhoneNum07049385390
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMBER SAFRIT
ReturnHeader/ReturnTs02022-09-20T22:58:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRACKETT
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,143
Liabilities
-
Net assets
$29,143
Revenue
$14
Expenses
$100
Net income
-$86
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$27.7$27.7$13.0$13.5$0.48
2024Detailed filing. Detailed filing data is available for this year.$28.2$28.2$0.01$0.83$0.81
2023Detailed filing. Detailed filing data is available for this year.$29.0$29.0$0.01$0.15$0.14
2022Detailed filing. Detailed filing data is available for this year.$29.1$29.1$0.01$0.10$0.09
2021Summary only. Only limited summary data is available for this year.$29.2$0.00$0.02$0.10$0.09
2020Summary only. Only limited summary data is available for this year.$29.3$0.00$0.01$0.10$0.09
2019Summary only. Only limited summary data is available for this year.$29.4$0.00$0.01$0.10$0.09
2018Summary only. Only limited summary data is available for this year.$29.5$0.00$0.01$1.47$1.46
2017Summary only. Only limited summary data is available for this year.$30.9$0.00$0.11$4.33$4.22
2016Summary only. Only limited summary data is available for this year.$35.2$0.00$6.97$16.9$9.98
2015Summary only. Only limited summary data is available for this year.$45.1$0.00$27.0$14.1$12.9
2014Detailed filing. Detailed filing data is available for this year.$32.2$32.2$16.6$1.67$15.0
2013Summary only. Only limited summary data is available for this year.$17.3$0.00$17.3$2.00$15.3
2012Summary only. Only limited summary data is available for this year.$1.98$0.00$6.17$4.19$1.98