Civic Intelligence

Norman Downtowners Association

990EZ • Fiscal year 2017 • EIN 47-2985275

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

Organization ProfileDOWNTONWNORMAN.COM
115 E Gray StNorman, OK 73069

(406) 360-5369

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

6th percentile

-43%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

9th percentile

-36%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

-2.3%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$4,549

Down $2,574 (-36%) from 2016

Net Assets

Down

$4,549

Down $2,574 (-36%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin6th percentile

Revenue

Down

$5,983

Down $142 (-2.3%) from 2016

Expenses

Up

$8,557

Up $6,454 (+307%) from 2016

Net Income

Down

-$2,574

Down $6,596 (-164%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2015: $3,101Liabilities 2015: $0Net Assets 2015: $3,1012015Assets 2016: $7,123Liabilities 2016: $0Net Assets 2016: $7,1232016Assets 2017: $4,549Liabilities 2017: $0Net Assets 2017: $4,5492017Assets 2018: $5,143Liabilities 2018: $0Net Assets 2018: $5,1432018Assets 2019: $3,781Liabilities 2019: $0Net Assets 2019: $3,7812019Assets 2020: $3,707Liabilities 2020: $0Net Assets 2020: $3,7072020

Highlighted filing

2017

Assets$4,549
Liabilities$0
Net Assets$4,549
Open 2017 Filing

Operations Trend

Revenue Growth43rd percentile

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

$10K$5.0K$0-$5.0KRevenue 2015: $6,364Expenses 2015: $3,263Net Income 2015: $3,1012015Revenue 2016: $6,125Expenses 2016: $2,103Net Income 2016: $4,0222016Revenue 2017: $5,983Expenses 2017: $8,557Net Income 2017: -$2,5742017Revenue 2018: $5,075Expenses 2018: $4,481Net Income 2018: $5942018Revenue 2019: $6,149Expenses 2019: $7,511Net Income 2019: -$1,3622019Revenue 2020: $6,200Expenses 2020: $6,274Net Income 2020: -$742020

Highlighted filing

2017

Revenue$5,983
Expenses$8,557
Net Income-$2,574
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 9, 2018
Return Version
2017v2.3
Gross Receipts
$5,983
Mission and Program Overview

Mission

The purpose of the company is to foster an environment consistent with the area's function as a housing, entertainment, cultural, convention, business, artists, performing artists, sports activities and retail section of the city that supports downtown norman.

Program Services

DescriptionGrantsExpenses
PROVIDING ORGANIZATIONAL SUPPORT FOR EVENTS IN DOWNTOWN NORMAN, OKLAHOMA SUCH AS SECOND FRIDAY ART WALK, NORMAN MUSIC FESTIVAL AND NORMAN FALL FESTIVAL.$0$0
COLLABORATING WITH OTHER ORGANIZATIONS INTERESTED IN URBAN REVITALIZATION AND DEVELOPMENT$0$0
ASSISTING OTHER ORGANIZATIONS WITH SIMILAR AND COMPATIBLE INTEREST IN MAINTAINING DOWNTOWN NORMAN$0$0
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAN SCHEMMChair-$0--
MICHAEL PALERMOVice-Chair-$0--
CHUCK THOMPSONTreasurer-$0--
STEPHEN KORANDASecretary-$0--
Filing and Contact Details

Filer

Filer Name
Norman Downtowners Association
EIN
47-2985275
Phone
4063605369
Address
115 E GRAY ST, NORMAN, OK 73069

Signing Officer

Name
Chuck Thompson
Title
Treasurer
Phone
4063605369
Signed
2018-10-09
Discuss with paid preparer
Yes

Preparer

Firm
Eide Bailly Llp
Address
2402 WESTPORT DR, NORMAN, OK 73069-6336
Preparer
Kelley Grace CPA
Phone
4052922900
Supplemental Narrative

Additional Explanations

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

“Description: downtown lighting. Amount: 4,528. Description: insurance. Amount: 1,295. Description: office supplies. Amount: 109. Description: permits & fees. Amount: 850. Description: accounting . Amount: 1,775. Total to form 990-ez, line 16: 8,557.”

Raw XML Appendix119 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/PersonNm0SARAH SMITH
IRS990EZ/BooksInCareOfDetail/PhoneNum04057950588
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01725 GREENBRIAR DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORMAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd073072
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07123
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04549
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-2574
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07123
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04549
IRS990EZ/GrossReceiptsAmt05983
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt05983
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07123
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04549
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07123
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04549
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAN SCHEMM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL PALERMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHUCK THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEPHEN KORANDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt08557
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE COMPANY IS TO FOSTER AN ENVIRONMENT CONSISTENT WITH THE AREA'S FUNCTION AS A HOUSING, ENTERTAINMENT, CULTURAL, CONVENTION, BUSINESS, ARTISTS, PERFORMING ARTISTS, SPORTS ACTIVITIES AND RETAIL SECTION OF THE CITY THAT SUPPORTS DOWNTOWN NORMAN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING ORGANIZATIONAL SUPPORT FOR EVENTS IN DOWNTOWN NORMAN, OKLAHOMA SUCH AS SECOND FRIDAY ART WALK, NORMAN MUSIC FESTIVAL AND NORMAN FALL FESTIVAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COLLABORATING WITH OTHER ORGANIZATIONS INTERESTED IN URBAN REVITALIZATION AND DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2ASSISTING OTHER ORGANIZATIONS WITH SIMILAR AND COMPATIBLE INTEREST IN MAINTAINING DOWNTOWN NORMAN
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OK
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt08557
IRS990EZ/TotalRevenueAmt05983
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0DOWNTONWNORMAN.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DOWNTOWN LIGHTING. AMOUNT: 4,528. DESCRIPTION: INSURANCE. AMOUNT: 1,295. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 109. DESCRIPTION: PERMITS & FEES. AMOUNT: 850. DESCRIPTION: ACCOUNTING . AMOUNT: 1,775. TOTAL TO FORM 990-EZ, LINE 16: 8,557.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHUCK THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04063605369
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORMAN DOWNTOWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0NORM
ReturnHeader/Filer/EIN0472985275
ReturnHeader/Filer/PhoneNum04063605369
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 E GRAY ST
ReturnHeader/Filer/USAddress/CityNm0NORMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073069
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId036F9FD6BD1EC4967B809F1A9E9753689C605CADC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06BEF29782C3F78401788E6B6F0B881FE81B6DF45
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0154.45.214.91
ReturnHeader/FilingSecurityInformation/IPDt02018-10-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:01:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02402 WESTPORT DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0730696336
ReturnHeader/PreparerPersonGrp/PhoneNum04052922900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLEY GRACE CPA
ReturnHeader/ReturnTs02018-10-15T11:48:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,549
Liabilities
$0
Net assets
$4,549
Revenue
$5,983
Expenses
$8,557
Net income
-$2,574
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$3,707$0$3,707$6,200$6,274$74
2019Detailed filing. Detailed filing data is available for this year.$3,781$0$3,781$6,149$7,511$1,362
2018Detailed filing. Detailed filing data is available for this year.$5,143$0$5,143$5,075$4,481$594
2017Detailed filing. Detailed filing data is available for this year.$4,549$0$4,549$5,983$8,557$2,574
2016Detailed filing. Detailed filing data is available for this year.$7,123$0$7,123$6,125$2,103$4,022
2015Detailed filing. Detailed filing data is available for this year.$3,101$0$3,101$6,364$3,263$3,101
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)6 • <$500k nonprofits