Civic Intelligence

Souderton-Telford Community Development Corporation

990EZ • Fiscal year 2017 • EIN 46-0494456

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 09, 2018

PO Box 314Telford, PA 18969

(215) 723-6627

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

55th percentile

5.7%

Higher net margin than 55% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$52,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 35.3% of source-year revenue.

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

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

49th percentile

0.6%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Up

$58,526

Up $9,226 (+19%) from 2016

Net Assets

Up

$55,916

Up $8,416 (+18%) from 2016

Liabilities

Up

$2,610

Up $810 (+45%) from 2016

Revenue

Up

$147,375

Up $916 (+0.6%) from 2016

Expenses

Up

$138,959

Up $24,372 (+21%) from 2016

Net Income

Down

$8,416

Down $23,456 (-74%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $65,916Liabilities 2010: $0Net Assets 2010: $65,9162010Assets 2011: $47,949Liabilities 2011: $530Net Assets 2011: $47,4192011Assets 2012: $45,640Liabilities 2012: $1,166Net Assets 2012: $44,4742012Assets 2013: $61,806Liabilities 2013: $190Net Assets 2013: $61,6162013Assets 2014: $34,601Liabilities 2014: $17Net Assets 2014: $34,5842014Assets 2015: $17,562Liabilities 2015: $1,934Net Assets 2015: $15,6282015Assets 2016: $49,300Liabilities 2016: $1,800Net Assets 2016: $47,5002016Assets 2017: $58,526Liabilities 2017: $2,610Net Assets 2017: $55,9162017Assets 2018: $57,622Liabilities 2018: $2,633Net Assets 2018: $54,9892018Assets 2019: $64,631Liabilities 2019: $2,048Net Assets 2019: $62,5832019Assets 2020: $89,851Liabilities 2020: $2,319Net Assets 2020: $87,5322020Assets 2021: $61,997Liabilities 2021: $3,795Net Assets 2021: $58,2022021Assets 2022: $35,871Liabilities 2022: $4,586Net Assets 2022: $31,2852022Assets 2023: $67,494Liabilities 2023: $3,281Net Assets 2023: $64,2132023Assets 2024: $84,732Liabilities 2024: $1,428Net Assets 2024: $83,3042024

Highlighted filing

2017

Assets$58,526
Liabilities$2,610
Net Assets$55,916

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $202,1722010Expenses 2011: $236,4652011Revenue 2012: $108,619Expenses 2012: $111,564Net Income 2012: -$2,9452012Revenue 2013: $110,952Expenses 2013: $93,810Net Income 2013: $17,1422013Revenue 2014: $69,319Expenses 2014: $96,351Net Income 2014: -$27,0322014Revenue 2015: $82,790Expenses 2015: $101,746Net Income 2015: -$18,9562015Revenue 2016: $146,459Expenses 2016: $114,587Net Income 2016: $31,8722016Revenue 2017: $147,375Expenses 2017: $138,959Net Income 2017: $8,4162017Revenue 2018: $156,132Expenses 2018: $157,059Net Income 2018: -$9272018Revenue 2019: $164,176Expenses 2019: $156,582Net Income 2019: $7,5942019Revenue 2020: $142,717Expenses 2020: $117,768Net Income 2020: $24,9492020Revenue 2021: $106,864Expenses 2021: $136,194Net Income 2021: -$29,3302021Revenue 2022: $134,348Expenses 2022: $161,265Net Income 2022: -$26,9172022Revenue 2023: $145,564Expenses 2023: $112,636Net Income 2023: $32,9282023Revenue 2024: $121,282Expenses 2024: $102,191Net Income 2024: $19,0912024

Highlighted filing

2017

Revenue$147,375
Expenses$138,959
Net Income$8,416
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 9, 2018
Return Version
2017v2.3
Gross Receipts
$147,375
Mission and Program Overview

Mission

The purpose of the souderton - telford community development corporation is to promote the development and marketing of distinctive business and culture opportunities for vibrant downtown communities.

Program Services

DescriptionGrantsExpenses
THE SOUDERTON BUSINESS IMPROVEMENT DISTRICT WHICH FUNCTIONS AS A GROUP OF PROPERTY AND BUSINESS OWNERS THAT COOPERATE FINANCIALLY TO PROVIDE MUTUALLY-BENEFICIAL SERVICES THROUGH THE DEFINED AREA.-$78,266
THE SOUDERTON TELFORD CDC WORKS TO IMPROVE THE PUBLIC PERCEPTION BY THE PUBLIC AND POTENTIAL INVESTORS OF THE TWO TOWNS OF SOUDERTON AND TELFORD. TO ACHIEVE THIS GOAL, THE VOLUNTEERS RUN SEVERAL EVENTS THAT HAVE BECOME PART OF THE LOCAL HERITAGE. THE FIRST IS THE 53-YEAR-OLD SOUDERTON HOLIDAY PARADE. STCDC HAS MADE THE PARADE SELF-SUSTAINING THROUGH DONATIONS BY PARTICIPANTS AND SPONSORSHIPS. THE ATTENDANCE AND THE PARTICIPATION HAS STEADILY INCREASED SINCE STCDC TOOK OVER THE OPERATION . THE INDIAN VALLEY FARMERS' MARKET AT THE MARKETPLACE AT TELFORD STATION HAS BECOME AN INTEGRAL PART OF THE LOCAL COMMUNITY ON SATURDAY MORNINGS FROM JULY THROUGH MID OCTOBER. WITH LOCAL FARMS, BAKERS, ARTISANS, A VINTNER AND, EVEN, A LOCAL COFFEE ROASTER, THE MARKET IS FULL OF LOCAL FLAVOR. EACH WEEK, THE STCDC VOLUNTEERS HOLD SPECIAL EVENTS THAT INVOLVE LOCAL MUSICIANS, DEMONSTRATIONS, KIDS' ACTIVITIES AND MORE. STCDC ALSO HANDLES SEVERAL SMALLER EVENTS LIKE THE TELFORD TREE LIGHTING CEREMONY OR PARTICIPATE IN LARGER COMMUNITY EVENTS. THIS YEAR THE ORGANIZATION ADDED A NEW ANNUAL EVENT IN THE ART JAM. THIS CELEBRATES ARTISTS FROM ALL AREAS AND BRINGS THEM INTO A GROUP WHERE CROWDS GATHER TO SEE INDIVIDUAL VENDORS, LISTEN TO GREAT MUSIC AND PARTAKE OF ALL THE VARIOUS FORMS OF FOOD OFFERED. THIS WILL NOW BE AN ANNUAL EVENT BRINGING ALL KINDS OF BUSINESS TO THE AREA. THE SOUDERTON TELFORD CDC ALSO WORKS TO COMMUNICATE WITH A GREATER AUDIENCE ABOUT THE QUALITIES OF SOUDERTON AND TELFORD. THEY RUN TWO WEBSITES, WWW.STMAINST.ORG AND WWW.IVFM.ORG, AND TWO FACEBOOK PAGES FOR SOUDERTON TELFORD MAIN STREETS AND THE INDIAN VALLEY FARMERS' MARKET. THEY CIRCULATE AN EMAIL NEWSLETTER AT LEAST TWICE A MONTH FULL OF COMMUNITY EVENTS, BUSINESS NEWS AND ANYTHING THAT WOULD ENCOURAGE READERS TO SHOP, WORK OR PLAY IN THE TOWNS. THE STCDC ALSO SHARES COMMUNITY EVENTS WITH ONLINE CALENDARS OF LOCAL AND REGIONAL NEWSPAPERS AND OTHER RESOURCES. THEY ACTIVELY PARTICIPATE IN REGIONAL MARKETING EFFORTS THROUGH THE CLASSIC TOWNS OF GREATER PHILADELPHIA, WWW.CLASSICTOWNS.ORG, AND THE VALLEY FORGE CONVENTION AND VISITOR BUREAU'S PUBLICATIONS AND WEBSITES, SEE WWW.MONTCOMAINSTREETS.COM.-$29,651
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOANNE COPPENSManagerFT$52,000-$52,000
PAM BAKERPast ChairPT$0--
LINDA TUFFTChair-$0--
STEVE TOYTreasurer-$0--
JOHN TAYLORVice ChairPT$0--
HARRY BOARDMANSecretary-$0--
DEE RAPPBoard Member-$0--
DAN HOUSERBoard Member-$0--
EDWARD HUBERBoard Member-$0--
PATRICIA LEMBOBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Souderton-telford Community
EIN
46-0494456
Phone
2157236627
Address
PO BOX 314, TELFORD, PA 18969

Signing Officer

Name
John Taylor
Title
Vice Chair
Phone
2153681531
Signed
2018-04-09

Preparer

Firm
Canon Capital Cpas
Address
357 N MAIN ST, SOUDERTON, PA 18964-1608
Preparer
Georgia Ls Myers CPA
Phone
2157234881
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 3,488 marketing 590 office expenses 7,873 bank fees 6 information technology 2,631 travel 382 conferences/meetings 79 insurance 2,605 events and activities 13,214 dues 1,261 banners and holiday decor 19,859 taxes 15 miscellaneous 382 non-investment depreciation 230 total 52,615

Form 990-ez, Part II, Line 24

Equipment 1,535 1,535 less accumulated depreciation 865 1,095 total 670 440

Form 990-ez, Part II, Line 26

Credit card payable 0 607 payroll tax and sales tax liability 1,800 2,003

Form 990-ez, Part III

The purpose of the souderton - telford community development corporation is to promote the development and marketing of distinctive business and culture opportunities for vibrant downtown communities.

Form 990-ez, Part III, Line 28

The souderton telford cdc works to improve the public perception by the public and potential investors of the two towns of souderton and telford. To achieve this goal, the volunteers run several events that have become part of the local heritage. The first is the 53-year-old souderton holiday parade. Stcdc has made the parade self-sustaining through donations by participants and sponsorships. The attendance and the participation has steadily increased since stcdc took over the operation . The indian valley farmers' market at the marketplace at telford station has become an integral part of the local community on saturday mornings from july through mid october. With local farms, bakers, artisans, a vintner and, even, a local coffee roaster, the market is full of local flavor. Each week, the stcdc volunteers hold special events that involve local musicians, demonstrations, kids' activities and more. Stcdc also handles several smaller events like the telford tree lighting ceremony or participate in larger community events. This year the organization added a new annual event in the art jam. This celebrates artists from all areas and brings them into a group where crowds gather to see individual vendors, listen to great music and partake of all the various forms of food offered. This will now be an annual event bringing all kinds of business to the area. The souderton telford cdc also works to communicate with a greater audience about the qualities of souderton and telford. They run two websites, www.stmainst.org and www.ivfm.org, and two facebook pages for souderton telford main streets and the indian valley farmers' market. They circulate an email newsletter at least twice a month full of community events, business news and anything that would encourage readers to shop, work or play in the towns. The stcdc also shares community events with online calendars of local and regional newspapers and other resources. They actively participate in regional marketing efforts through the classic towns of greater philadelphia, www.classictowns.org, and the valley forge convention and visitor bureau's publications and websites, see www.montcomainstreets.com.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 3,488 MARKETING 590 OFFICE EXPENSES 7,873 BANK FEES 6 INFORMATION TECHNOLOGY 2,631 TRAVEL 382 CONFERENCES/MEETINGS 79 INSURANCE 2,605 EVENTS AND ACTIVITIES 13,214 DUES 1,261 BANNERS AND HOLIDAY DECOR 19,859 TAXES 15 MISCELLANEOUS 382 NON-INVESTMENT DEPRECIATION 230 TOTAL 52,615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 1,535 1,535 LESS ACCUMULATED DEPRECIATION 865 1,095 TOTAL 670 440
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 0 607 PAYROLL TAX AND SALES TAX LIABILITY 1,800 2,003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE SOUDERTON - TELFORD COMMUNITY DEVELOPMENT CORPORATION IS TO PROMOTE THE DEVELOPMENT AND MARKETING OF DISTINCTIVE BUSINESS AND CULTURE OPPORTUNITIES FOR VIBRANT DOWNTOWN COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SOUDERTON TELFORD CDC WORKS TO IMPROVE THE PUBLIC PERCEPTION BY THE PUBLIC AND POTENTIAL INVESTORS OF THE TWO TOWNS OF SOUDERTON AND TELFORD. TO ACHIEVE THIS GOAL, THE VOLUNTEERS RUN SEVERAL EVENTS THAT HAVE BECOME PART OF THE LOCAL HERITAGE. THE FIRST IS THE 53-YEAR-OLD SOUDERTON HOLIDAY PARADE. STCDC HAS MADE THE PARADE SELF-SUSTAINING THROUGH DONATIONS BY PARTICIPANTS AND SPONSORSHIPS. THE ATTENDANCE AND THE PARTICIPATION HAS STEADILY INCREASED SINCE STCDC TOOK OVER THE OPERATION . THE INDIAN VALLEY FARMERS' MARKET AT THE MARKETPLACE AT TELFORD STATION HAS BECOME AN INTEGRAL PART OF THE LOCAL COMMUNITY ON SATURDAY MORNINGS FROM JULY THROUGH MID OCTOBER. WITH LOCAL FARMS, BAKERS, ARTISANS, A VINTNER AND, EVEN, A LOCAL COFFEE ROASTER, THE MARKET IS FULL OF LOCAL FLAVOR. EACH WEEK, THE STCDC VOLUNTEERS HOLD SPECIAL EVENTS THAT INVOLVE LOCAL MUSICIANS, DEMONSTRATIONS, KIDS' ACTIVITIES AND MORE. STCDC ALSO HANDLES SEVERAL SMALLER EVENTS LIKE THE TELFORD TREE LIGHTING CEREMONY OR PARTICIPATE IN LARGER COMMUNITY EVENTS. THIS YEAR THE ORGANIZATION ADDED A NEW ANNUAL EVENT IN THE ART JAM. THIS CELEBRATES ARTISTS FROM ALL AREAS AND BRINGS THEM INTO A GROUP WHERE CROWDS GATHER TO SEE INDIVIDUAL VENDORS, LISTEN TO GREAT MUSIC AND PARTAKE OF ALL THE VARIOUS FORMS OF FOOD OFFERED. THIS WILL NOW BE AN ANNUAL EVENT BRINGING ALL KINDS OF BUSINESS TO THE AREA. THE SOUDERTON TELFORD CDC ALSO WORKS TO COMMUNICATE WITH A GREATER AUDIENCE ABOUT THE QUALITIES OF SOUDERTON AND TELFORD. THEY RUN TWO WEBSITES, WWW.STMAINST.ORG AND WWW.IVFM.ORG, AND TWO FACEBOOK PAGES FOR SOUDERTON TELFORD MAIN STREETS AND THE INDIAN VALLEY FARMERS' MARKET. THEY CIRCULATE AN EMAIL NEWSLETTER AT LEAST TWICE A MONTH FULL OF COMMUNITY EVENTS, BUSINESS NEWS AND ANYTHING THAT WOULD ENCOURAGE READERS TO SHOP, WORK OR PLAY IN THE TOWNS. THE STCDC ALSO SHARES COMMUNITY EVENTS WITH ONLINE CALENDARS OF LOCAL AND REGIONAL NEWSPAPERS AND OTHER RESOURCES. THEY ACTIVELY PARTICIPATE IN REGIONAL MARKETING EFFORTS THROUGH THE CLASSIC TOWNS OF GREATER PHILADELPHIA, WWW.CLASSICTOWNS.ORG, AND THE VALLEY FORGE CONVENTION AND VISITOR BUREAU'S PUBLICATIONS AND WEBSITES, SEE WWW.MONTCOMAINSTREETS.COM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/FilingSecurityInformation/IPTm015:42:08
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUDERTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGIA LS MYERS CPA
ReturnHeader/ReturnTs02018-04-10T16:42:08-04:00
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.83$1.21$1.02$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.03$0.64$1.46$1.13$0.33
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.05$0.31$1.34$1.61$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.58$1.07$1.36$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.02$0.88$1.43$1.18$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.02$0.63$1.64$1.57$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.03$0.55$1.56$1.57$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.03$0.56$1.47$1.39$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.02$0.48$1.46$1.15$0.32
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.02$0.16$0.83$1.02$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.69$0.96$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.11$0.94$0.17
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.01$0.44$1.09$1.12$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.01$0.47$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$2.02