Civic Intelligence

Downs Designs Dreams

990 • Fiscal year 2016 • EIN 47-2906724

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 05, 2017

8796 Tyler BlvdMentor, OH 44060

(216) 410-4489

Siviq Scores

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

Liabilities / Assets

88th percentile

0.42x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

33rd percentile

-3.6%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-95%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-47%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$10,663

Down $215,169 (-95%) from 2015

Net Assets

Down

$6,225

Down $3,145 (-34%) from 2015

Liabilities

Down

$4,438

Down $212,024 (-98%) from 2015

Revenue

Down

$90,045

Down $79,396 (-47%) from 2015

Expenses

Down

$93,249

Down $66,835 (-42%) from 2015

Net Income

Down

-$3,204

Down $12,561 (-134%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2015: $225,832Liabilities 2015: $216,462Net Assets 2015: $9,3702015Assets 2016: $10,663Liabilities 2016: $4,438Net Assets 2016: $6,2252016Assets 2017: $4,987Liabilities 2017: $27,452Net Assets 2017: -$22,4652017Assets 2018: $5,806Liabilities 2018: $26,742Net Assets 2018: -$20,9362018

Highlighted filing

2016

Assets$10,663
Liabilities$4,438
Net Assets$6,225

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2015: $169,441Expenses 2015: $160,084Net Income 2015: $9,3572015Revenue 2016: $90,045Expenses 2016: $93,249Net Income 2016: -$3,2042016Revenue 2017: $9,041Expenses 2017: $8,588Net Income 2017: $4532017Revenue 2018: $2,145Expenses 2018: $616Net Income 2018: $1,5292018

Highlighted filing

2016

Revenue$90,045
Expenses$93,249
Net Income-$3,204
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 5, 2017
Return Version
2016v3.0
Gross Receipts
$170,857
Mission and Program Overview

Mission

The mission of downs designs dreams advocates disability awareness, promotes independence and instills confidence by designing, developing and marketing a special clothing line for special people to meet the needs of individuals with disabilities. It is our duty to provide adaptive wear clothing for individuals with disabilities and to help improve the quality of their lives through our designs and styles that aid in independent dressing. Everyone deserves independence, right? By creating two lines of jeans, we have begun to fulfill our mission of creating a special clothing line for special people that meet the needs of individuals with disabilities. We have two lines of jeans as of this date: downs designs has 18 styles of jeans for individuals from ages 2 and up. Nbz jeans has men sizes 30, 32, 34, 36, 38, 40, 42 and 44 and boy sizes 8,10,12,14,16 and 18. They are easy to put on and take off, comfortable and stylish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$204,279--
Cash and Non-Interest-Bearing Accounts$21,153$9,558▼ $11,595
Accounts Receivable$320$1,025▲ $705
Other Notes and Loans Receivable, Net$80$80→ $0
Total Assets$225,832$10,663▼ $215,169
Liabilities
Unsecured Notes Loans Payable$19,000$9,000▼ $10,000
Other Liabilities$3,182$7,253▲ $4,071
Accounts Payable and Accrued Expenses$194,280$-11,815▼ $206,095
Total Liabilities$216,462$4,438▼ $212,024
Net Assets / Fund Balance
Unrestricted Net Assets$9,370$6,225▼ $3,145
Total Net Assets Fund Balance$9,370$6,225▼ $3,145
Total Liabilities and Net Assets / Fund Balance$225,832$10,663▼ $215,169
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan PetersBoard Chair
Tischa MochanBoard Secret
Sean BlakeBoard Vice C
Adam RosplockDirector
Chester Karchefsky JrDirector
Harold BowersoxDirector
Michelle KoehlerDirector
Trenton Tipton-fletcherDirector
Karen BowersoxExecutive Di
Jill JankovskyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$42,770
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$47,275
All Other Contributions
$42,770
Change in Net Assets
$-3,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$68,966
Other Expenses$24,283
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,759$9,310-$62,069
Office Expenses$10,866$1,917-$12,783
Payroll Taxes$5,862$1,035-$6,897
Occupancy$5,354$945-$6,299
Fees for Services Other$3,898$300-$4,198
Insurance$801--$801
Advertising$779--$779
Travel$93--$93
Fees for Services Accounting$-670--$-670
Total Functional Expenses$79,742$13,507$0$93,249
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$8,131
Sales Tax Payable$-73
Other$-805
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

David bowersox karen bowersox director married trenton tipton-fletcher director business relationship karen bowersox david bowersox exec direct married karen bowersox michelle koehler exec direct mother david bowersox michelle koehler director step father

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

Policy requires disclosure of any potential conflicts. Such disclosure, including a report of "no conflicts" are recorded and maintained in the books and records.an annual review by the board of the policy and proper adherence to the policy.

Form 990, Page 6, Part VI, Line 19

Copy of governing documents are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Downs Designs Dreams
EIN
47-2906724
Address
8796 TYLER BLVD, MENTOR, OH 44060

Signing Officer

Name
Karen Bowersox
Title
Executive Director
Signed
2017-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Bowersox
Formed
2015
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
5
Employees
5

Preparer

Firm
Jlp Cpas LLC
Address
8952 TYLER BLVD, MENTOR, OH 44060-2185
Preparer
Paul R Pahoresky CPA
Phone
4409741040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of downs designs dreams advocates disability awareness, promotes independence and instills confidence by designing, developing and marketing a special clothing line for special people to meet the needs of individuals with disabilities. It is our duty to provide adaptive wear clothing for individuals with disabilities and to help improve the quality of their lives through our designs and styles that aid in independent dressing. Everyone deserves independence, right? By creating two lines of jeans, we have begun to fulfill our mission of creating a special clothing line for special people that meet the needs of individuals with disabilities. We have two lines of jeans as of this date: downs designs has 18 styles of jeans for individuals from ages 2 and up. Nbz jeans has men sizes 30, 32, 34, 36, 38, 40, 42 and 44 and boy sizes 8,10,12,14,16 and 18. They are easy to put on and take off, comfortable and stylish.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF DOWNS DESIGNS DREAMS ADVOCATES DISABILITY AWARENESS, PROMOTES INDEPENDENCE AND INSTILLS CONFIDENCE BY DESIGNING, DEVELOPING AND MARKETING A SPECIAL CLOTHING LINE FOR SPECIAL PEOPLE TO MEET THE NEEDS OF INDIVIDUALS WITH DISABILITIES. IT IS OUR DUTY TO PROVIDE ADAPTIVE WEAR CLOTHING FOR INDIVIDUALS WITH DISABILITIES AND TO HELP IMPROVE THE QUALITY OF THEIR LIVES THROUGH OUR DESIGNS AND STYLES THAT AID IN INDEPENDENT DRESSING. EVERYONE DESERVES INDEPENDENCE, RIGHT? BY CREATING TWO LINES OF JEANS, WE HAVE BEGUN TO FULFILL OUR MISSION OF CREATING A SPECIAL CLOTHING LINE FOR SPECIAL PEOPLE THAT MEET THE NEEDS OF INDIVIDUALS WITH DISABILITIES. WE HAVE TWO LINES OF JEANS AS OF THIS DATE: DOWNS DESIGNS HAS 18 STYLES OF JEANS FOR INDIVIDUALS FROM AGES 2 AND UP. NBZ JEANS HAS MEN SIZES 30, 32, 34, 36, 38, 40, 42 AND 44 AND BOY SIZES 8,10,12,14,16 AND 18. THEY ARE EASY TO PUT ON AND TAKE OFF, COMFORTABLE AND STYLISH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DAVID BOWERSOX KAREN BOWERSOX DIRECTOR MARRIED TRENTON TIPTON-FLETCHER DIRECTOR BUSINESS RELATIONSHIP KAREN BOWERSOX DAVID BOWERSOX EXEC DIRECT MARRIED KAREN BOWERSOX MICHELLE KOEHLER EXEC DIRECT MOTHER DAVID BOWERSOX MICHELLE KOEHLER DIRECTOR STEP FATHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS. SUCH DISCLOSURE, INCLUDING A REPORT OF "NO CONFLICTS" ARE RECORDED AND MAINTAINED IN THE BOOKS AND RECORDS.AN ANNUAL REVIEW BY THE BOARD OF THE POLICY AND PROPER ADHERENCE TO THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPY OF GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013507
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt079742
IRS990/TotalFunctionalExpensesGrp/TotalAmt093249
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0216462
IRS990/TotalLiabilitiesEOYAmt04438
IRS990/TotalLiabilitiesGrp/BOYAmt0216462
IRS990/TotalLiabilitiesGrp/EOYAmt04438
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06225
IRS990/TotalProgramServiceExpensesAmt079742
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt047275
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt090045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0225832
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010663
IRS990/TravelGrp/ProgramServicesAmt093
IRS990/TravelGrp/TotalAmt093
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09370
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06225
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt019000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt09000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09354 LORI JEAN DRIVE
IRS990/USAddress/CityNm0MENTOR
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044060
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0DOWNSDESIGNSDREAMS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN BOWERSOX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNS DESIGNS DREAMS
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0472906724
ReturnHeader/Filer/USAddress/AddressLine1Txt08796 TYLER BLVD
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A0523A5A1F6E1593B07ACD76839964A39D72FA1D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0716E0A8C980AD19A6B61AE380E8BEB2F9F8902BD
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200766572
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JLP CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08952 TYLER BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MENTOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0440602185
ReturnHeader/PreparerPersonGrp/PhoneNum04409741040
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL R PAHORESKY CPA
ReturnHeader/ReturnTs02017-09-25T10:01:04-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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