Civic Intelligence

Main Street Torrington Inc

EIN 46-5564530 • 501(c)3 • Torrington, CT

Profile

To bring vibrancy back into downtown torrington, ct.

PO Box 838Torrington, CT 06790

www.mainsttorrington.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

41st percentile

-2.0%

Higher net margin than 41% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

35th percentile

-14%

Faster asset growth than 35% of similar nonprofits.

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

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Down

$5,693

Down $914 (-14%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$5,693

Down $914 (-14%) from 2018

Revenue

Up

$46,384

Up $12,914 (+39%) from 2018

Expenses

Up

$47,298

Up $17,462 (+59%) from 2018

Net Income

Down

-$914

Down $4,548 (-125%) from 2018

Trend Graphs

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2017: $2,973Liabilities 2017: $0Net Assets 2017: $2,9732017Assets 2018: $6,607Liabilities 2018: $0Net Assets 2018: $6,6072018Assets 2019: $5,693Liabilities 2019: $0Net Assets 2019: $5,6932019

Highlighted filing

2019

Assets$5,693
Liabilities$0
Net Assets$5,693

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2017: $38,818Expenses 2017: $37,430Net Income 2017: $1,3882017Revenue 2018: $33,470Expenses 2018: $29,836Net Income 2018: $3,6342018Revenue 2019: $46,384Expenses 2019: $47,298Net Income 2019: -$9142019

Highlighted filing

2019

Revenue$46,384
Expenses$47,298
Net Income-$914

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 12, 2020
Return Version
2019v5.0
Gross Receipts
$46,384
Mission and Program Overview

Mission

To bring vibrancy back into downtown torrington, ct.

Program Services

DescriptionGrantsExpenses
MSMP IS AN OPEN AIR FESTIVAL DESIGNED TO BRING AWARENESS TO DOWNTOWN TORRINGTON BUSINESSES AND ACTIVITIES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KRISTIN ROBERTSPresidentPT$0--
RACHEL KELLYDirectorPT$0--
ED CANNATAVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Main Street Torrington Inc
EIN
46-5564530
Phone
8604106767
Address
PO BOX 838, TORRINGTON, CT 06790

Signing Officer

Name
Kristin Roberts
Title
Director
Phone
8602834847
Signed
2020-01-12
Discuss with paid preparer
Yes

Preparer

Firm
The Roberts Tax Group Inc
Address
PO BOX 838, TORRINGTON, CT 06790
Phone
8602834847
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 3.

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

Description: advertising. Amount: 3,391. Description: credit card fees. Amount: 701. Description: insurance. Amount: 2,044. Description: meals and entertainment. Amount: 618. Description: supplies. Amount: 4,726. Description: entertainers. Amount: 2,000. Description: accounting/tax. Amount: 1,000. Description: stipends. Amount: 12,800. Description: graphic design. Amount: 1,000. Description: dues. Amount: 568. Description: website expenses. Amount: 341. Description: food costs. Amount: 3,749. Total to form 990-ez, line 16: 32,938.

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

Description: account receivable. Beg. Of year amount: 0. End of year amount: 3,015.

Raw XML Appendix158 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ROBERTS TAX GROUP
IRS990EZ/BooksInCareOfDetail/PhoneNum08602834847
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt049 MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TORRINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006790
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06607
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02678
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-914
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06607
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05693
IRS990EZ/GrossReceiptsAmt046384
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt06607
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06607
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05693
IRS990EZ/OccupancyRentUtltsAndMaintAmt07168
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KRISTIN ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RACHEL KELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ED CANNATA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt03015
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt032938
IRS990EZ/OtherRevenueTotalAmt03
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO BRING VIBRANCY BACK INTO DOWNTOWN TORRINGTON, CT.
IRS990EZ/PrintingPublicationsPostageAmt03842
IRS990EZ/ProgramServiceRevenueAmt046381
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MSMP IS AN OPEN AIR FESTIVAL DESIGNED TO BRING AWARENESS TO DOWNTOWN TORRINGTON BUSINESSES AND ACTIVITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt047298
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt046384
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAINSTTORRINGTON.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt046381
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt038815
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt029415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0114611
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0114611
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046381
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IRS990ScheduleA/Total509Grp/TotalAmt0114611
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046384
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt029417
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0114619
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING. AMOUNT: 3,391. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 701. DESCRIPTION: INSURANCE. AMOUNT: 2,044. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 618. DESCRIPTION: SUPPLIES. AMOUNT: 4,726. DESCRIPTION: ENTERTAINERS. AMOUNT: 2,000. DESCRIPTION: ACCOUNTING/TAX. AMOUNT: 1,000. DESCRIPTION: STIPENDS. AMOUNT: 12,800. DESCRIPTION: GRAPHIC DESIGN. AMOUNT: 1,000. DESCRIPTION: DUES. AMOUNT: 568. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 341. DESCRIPTION: FOOD COSTS. AMOUNT: 3,749. TOTAL TO FORM 990-EZ, LINE 16: 32,938.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNT RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,015.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTIN ROBERTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08602834847
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAIN STREET TORRINGTON INC
ReturnHeader/Filer/BusinessNameControlTxt0MAIN
ReturnHeader/Filer/EIN0465564530
ReturnHeader/Filer/PhoneNum08604106767
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 838
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
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ReturnHeader/FilingSecurityInformation/IPDt02020-01-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm008:24:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822826658
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE ROBERTS TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 838
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TORRINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006790
ReturnHeader/PreparerPersonGrp/PhoneNum08602834847
ReturnHeader/ReturnTs02020-01-12T08:24:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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