Civic Intelligence

The Downtown School Inc

EIN 46-4428508 • 501(c)3 • Norwich, VT

Revoked990-N Coverage

Profile

The Downtown School promotes exceptional academic achievement, intellectual flexibility, deep learning, creativity, and whole-child growth through an authentic, experience-based curriculum that creates a landscape for learning out of the world around us.

Revocation date: Nov 15, 2023

442 Main StreetNorwich, VT 05055

www.thedowntownschool.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

100th percentile

2026.32x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-7819%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $36,290 (-100%) from 2018

Liabilities

Down

$228,974

Down $27,455 (-11%) from 2018

Net Assets

Down

-$228,974

Down $8,835 (-4.0%) from 2018

Operations
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$113

Down $20,718 (-99%) from 2018

Expenses

Down

$8,948

Down $14,203 (-61%) from 2018

Net Income

Down

-$8,835

Down $6,515 (-281%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$400K$200K$0-$200K-$400KAssets 2015: $69,875Liabilities 2015: $196,725Net Assets 2015: -$126,8502015Assets 2016: $52,527Liabilities 2016: $279,164Net Assets 2016: -$226,6372016Assets 2017: $60,213Liabilities 2017: $278,032Net Assets 2017: -$217,8192017Assets 2018: $36,290Liabilities 2018: $256,429Net Assets 2018: -$220,1392018Assets 2019: $0Liabilities 2019: $228,974Net Assets 2019: -$228,9742019

Highlighted filing

2019

Assets$0
Liabilities$228,974
Net Assets-$228,974
Open 2019 Filing

Operations Trend

Revenue Growth4th percentile

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

$400K$200K$0-$200KRevenue 2015: $108,016Expenses 2015: $210,436Net Income 2015: -$102,4202015Revenue 2016: $181,750Expenses 2016: $257,448Net Income 2016: -$75,6982016Revenue 2017: $348,193Expenses 2017: $339,375Net Income 2017: $8,8182017Revenue 2018: $20,831Expenses 2018: $23,151Net Income 2018: -$2,3202018Revenue 2019: $113Expenses 2019: $8,948Net Income 2019: -$8,8352019

Highlighted filing

2019

Revenue$113
Expenses$8,948
Net Income-$8,835
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$228,974
Net assets
-$228,974
Revenue
$113
Expenses
$8,948
Net income
-$8,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$2.29$2.29$0.00$0.09$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.36$2.56$2.20$0.21$0.23$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.60$2.78$2.18$3.48$3.39$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.53$2.79$2.27$1.82$2.57$0.76
2015Detailed filing. Detailed filing data is available for this year.$0.70$1.97$1.27$1.08$2.10$1.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 30, 2020
Return Version
2018v3.1
Gross Receipts
$113
Mission and Program Overview

Mission

The Downtown School promotes exceptional academic achievement, intellectual flexibility, deep learning, creativity, and whole-child growth through an authentic, experience-based curriculum that creates a landscape for learning out of the world around us.

Program Services

DescriptionGrantsExpenses
The Downtown School promotes exceptional academic achievement, intellectual flexibility, deep learning, creativity, and whole-child growth through an authentic, experience-based curriculum that creates a landscape for learning out of the world around us.$1-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEXA MANNINGPres & TreasFT$0--
WILLIAM BADGERTrustee-$0--
SUNNY BREENTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Downtown School Inc
EIN
46-4428508
Phone
8023798810
Address
442 MAIN STREET, NORWICH, VT 05055

Signing Officer

Name
Alexa Manning
Title
President
Signed
2020-05-30
Discuss with paid preparer
Yes

Preparer

Firm
Spivey Lemonik Swenor Pc
Address
PO BOX 1349, MANCHESTER CENTER, VT 05255-1349
Preparer
Jennifer A Swenor
Phone
8023621946
Supplemental Narrative

Additional Explanations

Other Expenses.1009

“Depreciation $1591”

Other Expenses.1010

“Amortization $558”

Other Expenses.1

“START-UP COSTS $6014”

Other Expenses.2

“GENERAL & ADMIN $536”

Other Expenses.3

“COMPUTER & INTERNET $122”

Other Assets.1003

“Machinery and Equipment - Beginning $5381 Machinery and Equipment - Ending $0”

Other Assets.1012

“Intangible Assets - Beginning $6572 Intangible Assets - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $4671 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $251758 Payable to Officers, Directors, Etc. - Ending $228974”

Raw XML Appendix173 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/PersonNm0ALEXA MANNING
IRS990EZ/BooksInCareOfDetail/PhoneNum08023798810
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0442 MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORWICH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005055
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0660
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8835
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0127
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036290
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0113
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt023677
IRS990EZ/LoansToFromOfficersAmt0228974
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-220139
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-228974
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-220139
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-228974
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALEXA MANNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM BADGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUNNY BREEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres & Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt011953
IRS990EZ/OtherExpensesTotalAmt08821
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Downtown School promotes exceptional academic achievement, intellectual flexibility, deep learning, creativity, and whole-child growth through an authentic, experience-based curriculum that creates a landscape for learning out of the world around us.
IRS990EZ/ProgramServiceRevenueAmt0108
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Downtown School promotes exceptional academic achievement, intellectual flexibility, deep learning, creativity, and whole-child growth through an authentic, experience-based curriculum that creates a landscape for learning out of the world around us.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0256429
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0228974
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08948
IRS990EZ/TotalProgramServiceExpensesAmt01
IRS990EZ/TotalRevenueAmt0113
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.thedowntownschool.org
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0228974
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START UP FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0251758
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALEXA MANNING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0228974
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0LEASEHOLD IMPROVEMENTS & FF&E
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Alexa Manning
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02019-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt027468
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0Individual
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0adjusted tax basis
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0442 Main Street
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0Norwich
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0VT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd005055
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL WAS FORCED TO CLOSE DUE TO LACK OF ENROLLMENT.THE REMAINING FIXED ASSETS WERE TRANSFERRED IN PARTIAL SATISFACTION OF OUTSTANDING DEBT OWED TO ALEXA MANNING AND SECURED BY SUCH ASSETS RELATED TO THE BUILDING OWNED BY ALEXA MANNING.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Sch N, Part III, Additional Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation $1591
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amortization $558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2START-UP COSTS $6014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GENERAL & ADMIN $536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPUTER & INTERNET $122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Machinery and Equipment - Beginning $5381 Machinery and Equipment - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Intangible Assets - Beginning $6572 Intangible Assets - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $4671 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Payable to Officers, Directors, Etc. - Beginning $251758 Payable to Officers, Directors, Etc. - Ending $228974
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1006
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEXA MANNING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DOWNTOWN SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0464428508
ReturnHeader/Filer/PhoneNum08023798810
ReturnHeader/Filer/USAddress/AddressLine1Txt0442 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0NORWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005055
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061052184
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SPIVEY LEMONIK SWENOR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1349
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANCHESTER CENTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0052551349
ReturnHeader/PreparerPersonGrp/PhoneNum08023621946
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jennifer A Swenor
ReturnHeader/ReturnTs02020-06-02T07:13:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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