Civic Intelligence

Downtown Syracuse Foundation Inc.

990EZ • Fiscal year 2017 • EIN 45-5419583

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

115 West Fayette StreetSyracuse, NY 13202

(315) 470-1800

Siviq Scores

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

Liabilities / Assets

78th percentile

0.13x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • NTEE S20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.19x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • NTEE S20 • <$500k nonprofits • Source year 2017

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

2017 filings • NTEE S20 • <$500k nonprofits • Source year 2017

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2017 filings • NTEE S20 • <$500k nonprofits • Source year 2017

Asset Growth

84th percentile

48%

Faster asset growth than 84% of similar nonprofits.

2017 filings • NTEE S20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

27%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • NTEE S20 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$267,043

Up $87,113 (+48%) from 2016

Net Assets

Up

$233,500

Up $101,235 (+77%) from 2016

Liabilities

Down

$33,543

Down $14,122 (-30%) from 2016

Revenue

Up

$175,320

Up $36,731 (+27%) from 2016

Expenses

Up

$74,085

Up $2,749 (+3.9%) from 2016

Net Income

Up

$101,235

Up $33,982 (+51%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $71,227Liabilities 2012: $1,9452012Assets 2015: $72,200Liabilities 2015: $7,188Net Assets 2015: $65,0122015Assets 2016: $179,930Liabilities 2016: $47,665Net Assets 2016: $132,2652016Assets 2017: $267,043Liabilities 2017: $33,543Net Assets 2017: $233,5002017Assets 2018: $259,131Liabilities 2018: $20,809Net Assets 2018: $238,3222018Assets 2019: $268,822Liabilities 2019: $13,378Net Assets 2019: $255,4442019Assets 2020: $337,815Liabilities 2020: $37,685Net Assets 2020: $300,1302020Assets 2021: $329,673Liabilities 2021: $31,465Net Assets 2021: $298,2082021Assets 2022: $406,793Liabilities 2022: $99,603Net Assets 2022: $307,1902022Assets 2023: $480,793Liabilities 2023: $181,545Net Assets 2023: $299,2482023Assets 2024: $598,259Liabilities 2024: $299,360Net Assets 2024: $298,8992024

Highlighted filing

2017

Assets$267,043
Liabilities$33,543
Net Assets$233,500

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $70,000Expenses 2012: $718Net Income 2012: $69,2822012Revenue 2015: $55,496Expenses 2015: $56,340Net Income 2015: -$8442015Revenue 2016: $138,589Expenses 2016: $71,336Net Income 2016: $67,2532016Revenue 2017: $175,320Expenses 2017: $74,085Net Income 2017: $101,2352017Revenue 2018: $100,677Expenses 2018: $95,855Net Income 2018: $4,8222018Revenue 2019: $100,658Expenses 2019: $83,536Net Income 2019: $17,1222019Revenue 2020: $99,617Expenses 2020: $54,931Net Income 2020: $44,6862020Revenue 2021: $70,941Expenses 2021: $72,863Net Income 2021: -$1,9222021Revenue 2022: $407,316Expenses 2022: $398,333Net Income 2022: $8,9832022Revenue 2023: $177,139Expenses 2023: $185,081Net Income 2023: -$7,9422023Revenue 2024: $329,189Expenses 2024: $329,538Net Income 2024: -$3492024

Highlighted filing

2017

Revenue$175,320
Expenses$74,085
Net Income$101,235
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$175,320
Mission and Program Overview

Mission

To conduct research, identify best policies and practices, secure resources and implement programs and projects to support the revitalization of downtown syracuse.

Program Services

DescriptionGrantsExpenses
DOWNTOWN LIVING TOUR - TO BUILD AWARENESS OF THE IMPORTANCE OF RESIDENTIAL DEVELOPMENT AS A KEY ELEMENT IN A VIBRANT AND SUCCESSFUL DOWNTOWN, AS WELL AS INCREASE AWARENESS OF THE REVITALIZATION TAKING PLACE IN DOWNTOWN SYRACUSE$0$24,614
FLOWER BASKET CAMPAIGN - TO ENSURE THAT DOWNTOWN SYRACUSE IS ATTRACTIVE, CLEAN AND ACCESSIBLE.$0$17,562
TO CONDUCT RESEARCH, IDENTIFY BEST POLICIES AND PRACTICES, SECURE RESOURCES AND IMPLEMENT PROGRAMS AND PROJECTS TO SUPPORT THE REVITALIZATION OF DOWNTOWN SYRACUSE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MERIKE TREIERPresident-$0--
ROBERT DOUCETTEChairman-$0--
NICOLE SAMOLISVice Chairman-$0--
LINDSAY WEICHERTSecretary/ Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Syracuse Foundation Inc
EIN
45-5419583
Phone
3154701800
Address
115 WEST FAYETTE STREET, SYRACUSE, NY 13202

Signing Officer

Name
Merike Treier
Title
President
Phone
3154701800
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Fust Charles Chambers Llp
Address
5784 WIDEWATERS PARKWAY, SYRACUSE, NY 13214
Preparer
Kelly a Redmond
Phone
3154463600
Supplemental Narrative

Additional Explanations

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

Description: bank fees. Amount: 3. Description: insurance. Amount: 2,127. Description: flower baskets. Amount: 17,562. Description: downtown lving tour. Amount: 24,615. Description: special projects. Amount: 25,398. Description: service contracts. Amount: 125. Total to form 990-ez, line 16: 69,830.

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

Description: prepaid insurance. Beg. Of year amount: 1,828. End of year amount: 1,495. Description: def'd exp, living tour. Beg. Of year amount: 0. End of year amount: 536.

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

Description: grant advance. Beg. Of year amount: 45,471. End of year amount: 33,343. Description: due to related party. Beg. Of year amount: 2,194. End of year amount: 150. Description: de flower program. Beg. Of year amount: 0. End of year amount: 50.

Raw XML Appendix156 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/BooksInCareOfDetail/USAddress/CityNm0SYRACUSE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MERIKE TREIER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0TO CONDUCT RESEARCH, IDENTIFY BEST POLICIES AND PRACTICES, SECURE RESOURCES AND IMPLEMENT PROGRAMS AND PROJECTS TO SUPPORT THE REVITALIZATION OF DOWNTOWN SYRACUSE.
IRS990EZ/PrintingPublicationsPostageAmt02900
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FLOWER BASKET CAMPAIGN - TO ENSURE THAT DOWNTOWN SYRACUSE IS ATTRACTIVE, CLEAN AND ACCESSIBLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2DOWNTOWN LIVING TOUR - TO BUILD AWARENESS OF THE IMPORTANCE OF RESIDENTIAL DEVELOPMENT AS A KEY ELEMENT IN A VIBRANT AND SUCCESSFUL DOWNTOWN, AS WELL AS INCREASE AWARENESS OF THE REVITALIZATION TAKING PLACE IN DOWNTOWN SYRACUSE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 3. DESCRIPTION: INSURANCE. AMOUNT: 2,127. DESCRIPTION: FLOWER BASKETS. AMOUNT: 17,562. DESCRIPTION: DOWNTOWN LVING TOUR. AMOUNT: 24,615. DESCRIPTION: SPECIAL PROJECTS. AMOUNT: 25,398. DESCRIPTION: SERVICE CONTRACTS. AMOUNT: 125. TOTAL TO FORM 990-EZ, LINE 16: 69,830.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 1,828. END OF YEAR AMOUNT: 1,495. DESCRIPTION: DEF'D EXP, LIVING TOUR. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 536.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: GRANT ADVANCE. BEG. OF YEAR AMOUNT: 45,471. END OF YEAR AMOUNT: 33,343. DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 2,194. END OF YEAR AMOUNT: 150. DESCRIPTION: DE FLOWER PROGRAM. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 50.
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MERIKE TREIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03154701800
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN SYRACUSE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0455419583
ReturnHeader/Filer/PhoneNum03154701800
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 WEST FAYETTE STREET
ReturnHeader/Filer/USAddress/CityNm0SYRACUSE
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ReturnHeader/Filer/USAddress/ZIPCd013202
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ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm008:51:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161226221
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FUST CHARLES CHAMBERS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05784 WIDEWATERS PARKWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SYRACUSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013214
ReturnHeader/PreparerPersonGrp/PhoneNum03154463600
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY A REDMOND
ReturnHeader/ReturnTs02018-11-15T12:57:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings