Civic Intelligence

Downtown Community Partnership

990 • Fiscal year 2018 • EIN 46-4472309

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 30, 2019

207 4th St N Suite BFargo, ND 58102

(701) 241-1570

Siviq Scores

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

Liabilities / Assets

91st percentile

0.49x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.09x

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

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Net Margin

43rd percentile

0.3%

Higher net margin than 43% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$92,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 20.4% of source-year revenue.

2018 filings • NTEE S41 • <$500k nonprofits • Source year 2018

Asset Growth

31st percentile

-9.4%

Faster asset growth than 31% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

43rd percentile

-4.4%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • NTEE S41 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$81,765

Down $8,467 (-9.4%) from 2017

Net Assets

Up

$41,354

Up $1,551 (+3.9%) from 2017

Liabilities

Down

$40,411

Down $10,018 (-20%) from 2017

Revenue

Down

$450,029

Down $20,503 (-4.4%) from 2017

Expenses

Down

$448,477

Down $13,235 (-2.9%) from 2017

Net Income

Down

$1,552

Down $7,268 (-82%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2014: $43,487Liabilities 2014: $25,089Net Assets 2014: $18,3982014Assets 2015: $59,747Liabilities 2015: $21,975Net Assets 2015: $37,7722015Assets 2016: $38,951Liabilities 2016: $7,965Net Assets 2016: $30,9862016Assets 2017: $90,232Liabilities 2017: $50,429Net Assets 2017: $39,8032017Assets 2018: $81,765Liabilities 2018: $40,411Net Assets 2018: $41,3542018Assets 2019: $74,599Liabilities 2019: $33,015Net Assets 2019: $41,5842019Assets 2020: $125,423Liabilities 2020: $150,427Net Assets 2020: -$25,0042020Assets 2021: $175,649Liabilities 2021: $97,191Net Assets 2021: $78,4582021Assets 2022: $216,813Liabilities 2022: $76,414Net Assets 2022: $140,3992022Assets 2023: $240,072Liabilities 2023: $78,766Net Assets 2023: $161,3062023Assets 2024: $235,120Liabilities 2024: $82,390Net Assets 2024: $152,7302024

Highlighted filing

2018

Assets$81,765
Liabilities$40,411
Net Assets$41,354

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $476,488Expenses 2014: $458,090Net Income 2014: $18,3982014Revenue 2015: $469,449Expenses 2015: $450,075Net Income 2015: $19,3742015Revenue 2016: $503,417Expenses 2016: $510,203Net Income 2016: -$6,7862016Revenue 2017: $470,532Expenses 2017: $461,712Net Income 2017: $8,8202017Revenue 2018: $450,029Expenses 2018: $448,477Net Income 2018: $1,5522018Revenue 2019: $518,030Expenses 2019: $517,800Net Income 2019: $2302019Revenue 2020: $294,251Expenses 2020: $360,839Net Income 2020: -$66,5882020Revenue 2021: $602,244Expenses 2021: $498,782Net Income 2021: $103,4622021Revenue 2022: $479,116Expenses 2022: $451,043Net Income 2022: $28,0732022Revenue 2023: $481,804Expenses 2023: $460,897Net Income 2023: $20,9072023Revenue 2024: $726,999Expenses 2024: $737,087Net Income 2024: -$10,0882024

Highlighted filing

2018

Revenue$450,029
Expenses$448,477
Net Income$1,552
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 30, 2019
Return Version
2018v3.1
Gross Receipts
$453,312
Mission and Program Overview

Mission

The mission of the downtown community partnership (dcp) is to be promoters, advocates, educators, and visionaries of our historic downtown by connecting and partnering inside our community and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$13,639$38,647▲ $25,008
Land, Buildings, and Equipment, Net$36,766$24,158▼ $12,608
Cash and Non-Interest-Bearing Accounts$39,827$18,960▼ $20,867
Total Assets$90,232$81,765▼ $8,467
Liabilities
Other Liabilities$18,759$18,759→ $0
Accounts Payable and Accrued Expenses$28,337$13,902▼ $14,435
Deferred Revenue$3,333$7,750▲ $4,417
Total Liabilities$50,429$40,411▼ $10,018
Net Assets / Fund Balance
Unrestricted Net Assets$39,803$41,354▲ $1,551
Total Net Assets Fund Balance$39,803$41,354▲ $1,551
Total Liabilities and Net Assets / Fund Balance$90,232$81,765▼ $8,467

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,158$14,648$38,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melissa RademacherPresident/CEOFT$92,000$92,000

Board Members and Trustees

NameTitle
Travis KochChair
Michael EricksonVice Chair
Adrienne OlsonBoard Member
Ann OlsonBoard Member
Austin MorrisBoard Member
Brad WimmerBoard Member
Jake JoraanstadBoard Member
Josh RohrerBoard Member
Josie DanzBoard Member
Kevin RileyBoard Member
Lee DobrinzBoard Member
Taya SpelhaugBoard Member
Tom SmithBoard Member
Janie HoganSecretary
Becky WalenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$165,310
Program Service Revenue
$277,774
Investment Income
$-3,151
Other Revenue
$10,096
Change in Net Assets
$1,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$232,184
Other Expenses$216,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$110,232
Current Officers, Directors, Trustees, and Key Employees---$92,000
All Other Expenses---$36,415
Occupancy---$21,173
Payroll Taxes---$16,049
Other Employee Benefits---$13,903
Fees for Services Legal---$11,984
Depreciation Depletion---$9,324
Other Expenses---$7,252
Insurance---$6,895
Fees for Services Management---$6,500
Office Expenses---$5,959
Fees for Services Accounting---$5,546
Advertising---$3,341
Information Technology---$2,337
Travel---$415
Total Functional Expenses$0$0$0$448,477
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Liability$18,759
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There is no committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed when presented to the board of directors by independent accountants.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public at the organizaitons's office located at 207 4th st. N., suite b, fargo, north dakota upon request.

Filing and Contact Details

Filer

Filer Name
Downtown Community Partnership
EIN
46-4472309
Phone
7012411570
Address
207 4TH ST N SUITE B, FARGO, ND 58102

Signing Officer

Name
Melissa Rademacher
Title
President/CEO
Phone
7012411570
Signed
2019-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Rademacher
Formed
2014
Legal Domicile
Nd
Voting Board Members
15
Independent Board Members
15
Employees
8
Volunteers
50

Preparer

Firm
Widmer Roel Pc
Address
4334 18TH AVE S SUITE 101, FARGO, ND 58103-7414
Preparer
Tracee S Buethner CPA
Phone
7012376022
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -1.

Form 990. Part XII, Line 2C.

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Dcp is exempt from federal income taxes under section 501(c)(6) of the internal revenue code, and bid is exempt from federal income tax under section 501(c)(3) of the internal revenue code and therefore no provision is made for federal and state income taxes. With few exceptions, the organization is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years since 2015.

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IRS990/OtherLiabilitiesGrp/BOYAmt018759
IRS990/OtherLiabilitiesGrp/EOYAmt018759
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt010096
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010096
IRS990/OtherRevenueTotalAmt010096
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110232
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt016049
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MELISSA RADEMACHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTIONS AND EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1WALKING MAP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0261574
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt116200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0261574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0236028
IRS990/PYOtherRevenueAmt08427
IRS990/PYProgramServiceRevenueAmt0462105
IRS990/PYRevenuesLessExpensesAmt08820
IRS990/PYSalariesCompEmpBnftPaidAmt0225684
IRS990/PYTotalExpensesAmt0461712
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0470532
IRS990/ReconcilationRevenueExpnssAmt01552
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0277774
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0165310
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt024158
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014648
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038806
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DCP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, AND BID IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE NO PROVISION IS MADE FOR FEDERAL AND STATE INCOME TAXES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS SINCE 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024158
IRS990ScheduleD/TotalLiabilityAmt018759
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED WHEN PRESENTED TO THE BOARD OF DIRECTORS BY INDEPENDENT ACCOUNTANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZAITONS'S OFFICE LOCATED AT 207 4TH ST. N., SUITE B, FARGO, NORTH DAKOTA UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990. PART XII, LINE 2C.
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DOWNTOWN COMMUNITY PARTNERSHIP BID
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0464482667
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO ENHANCE DOWNTOWN FARGO'S ECONOMIC AND CULTURAL LANDSCAPE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0207 4TH ST N SUITE B
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FARGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0ND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd058102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt035750
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0DOWNTOWN COMMUNITY PARTNERSHIP BID - 46-4482667
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt090232
IRS990/TotalAssetsEOYAmt081765
IRS990/TotalAssetsGrp/BOYAmt090232
IRS990/TotalAssetsGrp/EOYAmt081765
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0165310
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt0448477
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050429
IRS990/TotalLiabilitiesEOYAmt040411
IRS990/TotalLiabilitiesGrp/BOYAmt050429
IRS990/TotalLiabilitiesGrp/EOYAmt040411
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt039803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt041354
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0268381
IRS990/TotalProgramServiceRevenueAmt0277774
IRS990/TotalReportableCompFromOrgAmt092000
IRS990/TotalRevenueGrp/ExclusionAmt06945
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0277774
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0450029
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090232
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt081765
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0415
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt039803
IRS990/UnrestrictedNetAssetsGrp/EOYAmt041354

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