Civic Intelligence

Downtown Kannapolis Inc

990EZ • Fiscal year 2023 • EIN 45-3230743

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 14, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

1st percentile

-1054%

Higher net margin than 1% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE S41 • <$500k nonprofits • Source year 2023

Asset Growth

45th percentile

-0.5%

Faster asset growth than 45% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-7.1%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$29,006

Down $137 (-0.5%) from 2022

Net Assets

Down

$29,006

Down $137 (-0.5%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Down

$13

Down $1 (-7.1%) from 2022

Expenses

Up

$150

Up $50 (+50%) from 2022

Net Income

Down

-$137

Down $51 (-59%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2023

Assets$29,006
Liabilities-
Net Assets$29,006
Open 2023 Filing

Operations Trend

Revenue Growth29th 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

2023

Revenue$13
Expenses$150
Net Income-$137
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$13
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
2024-02-14
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

“Category beginning of year end of year intangible asstes 2904 2904 machinery & equipment 1657 1657”

Raw XML Appendix96 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/BOYAmt024582
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024445
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-137
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0150
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt029143
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029006
IRS990EZ/GrossReceiptsAmt013
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt013
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt029143
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029006
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt029143
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029006
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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0150
IRS990EZ/TotalRevenueAmt013
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CATEGORY BEGINNING OF YEAR END OF YEAR INTANGIBLE ASSTES 2904 2904 MACHINERY & EQUIPMENT 1657 1657
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc001. DESCRIPTION OF OTHER ASSETS PART II LINE 24
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANN BRACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046991965
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-14
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMBER SAFRIT
ReturnHeader/ReturnTs02024-03-06T21:25:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BRACKETT
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,006
Liabilities
-
Net assets
$29,006
Revenue
$13
Expenses
$150
Net income
-$137
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • NTEE S41 • <$500k nonprofits