Civic Intelligence

Downtown Beaufort Development Assoc

990EZ • Fiscal year 2021 • EIN 47-3032912

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 01, 2022

P O Box 56Beaufort, NC 28516

(252) 241-4485

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

30th percentile

-1.8%

Higher net margin than 30% of similar nonprofits.

2021 filings • NTEE S41 • <$500k nonprofits • Source year 2021

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2021 filings • NTEE S41 • <$500k nonprofits • Source year 2021

Asset Growth

13th percentile

-23%

Faster asset growth than 13% of similar nonprofits.

2021 filings • NTEE S41 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

45th percentile

-0.4%

Faster revenue growth than 45% of similar nonprofits.

2021 filings • NTEE S41 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$2,864

Down $834 (-23%) from 2020

Net Assets

$2,864

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$47,626

Down $181 (-0.4%) from 2020

Expenses

Up

$48,466

Up $2,573 (+5.6%) from 2020

Net Income

Down

-$840

Down $2,754 (-144%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2016: $2,633Liabilities 2016: $0Net Assets 2016: $2,6332016Assets 2017: $7,164Liabilities 2017: $0Net Assets 2017: $7,1642017Assets 2018: $2,498Liabilities 2018: $0Net Assets 2018: $2,4982018Assets 2019: $1,784Liabilities 2019: $0Net Assets 2019: $1,7842019Assets 2020: $3,698Liabilities 2020: $02020Assets 2021: $2,864Net Assets 2021: $2,8642021Assets 2022: $14,248Liabilities 2022: $74Net Assets 2022: $14,1742022Assets 2023: $42,892Liabilities 2023: $419Net Assets 2023: $42,4732023Assets 2024: $49,184Liabilities 2024: $2,501Net Assets 2024: $46,6832024

Highlighted filing

2021

Assets$2,864
Liabilities-
Net Assets$2,864

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $30,444Expenses 2016: $28,754Net Income 2016: $1,6902016Revenue 2017: $46,922Expenses 2017: $42,391Net Income 2017: $4,5312017Revenue 2018: $43,660Expenses 2018: $48,326Net Income 2018: -$4,6662018Revenue 2019: $40,992Expenses 2019: $41,706Net Income 2019: -$7142019Revenue 2020: $47,807Expenses 2020: $45,893Net Income 2020: $1,9142020Revenue 2021: $47,626Expenses 2021: $48,466Net Income 2021: -$8402021Revenue 2022: $73,836Expenses 2022: $62,525Net Income 2022: $11,3112022Revenue 2023: $108,308Expenses 2023: $80,008Net Income 2023: $28,3002023Revenue 2024: $142,509Expenses 2024: $138,299Net Income 2024: $4,2102024

Highlighted filing

2021

Revenue$47,626
Expenses$48,466
Net Income-$840
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 1, 2022
Return Version
2021v4.0
Gross Receipts
$47,626
Mission and Program Overview

Mission

Downtown beaufort development association's mission is to realize the full economic potential of beaufort by promoting the downtown district as a place of commerce, recreation and culture. To provide a forum for businesses, organizations and residents within our focus area to exchange information, build community and forward the area's cultural and economic development.

Program Services

DescriptionGrantsExpenses
TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE.-$25,558
TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE.-$22,908
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN SANDERSTreasurer-$0--
NELSON OWENSPresident-$0--
KRISTEN PRESCOTTVice Preside-$0--
WENDY PARKBoard Member-$0--
WENDY DAVIDSONBoard Member-$0--
MARTHA BARNESBoard Member-$0--
LIZ KOPFBoard Member-$0--
TOMMY SIMPSONBoard Member-$0--
BUCKY OLIVERBoard Member-$0--
PAT WESSONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Beaufort Development Assoc
EIN
47-3032912
Phone
2522414485
Address
P O BOX 56, BEAUFORT, NC 28516

Signing Officer

Name
Susan Sanders
Title
Treasurer
Phone
2522414485
Signed
2022-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Bradford H Piner CPA Pa
Address
PO BOX 750, BEAUFORT, NC 28516
Preparer
Charlene S Fulcher
Phone
2527284832
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Fireworks cost of goods sold 14,096 illuminate beaufort cost of goods sold 5,170 tree lighting cost of goods sold 389 expenses advertising & promotion 21,393 office supplies & postage 372 insurance 4,603 website 222 event setup & supplies 921 total 47,166

Form 990-ez, Part III

Downtown beaufort development association's mission is to realize the full economic potential of beaufort by promoting the downtown district as a place of commerce, recreation and culture. To provide a forum for businesses, organizations and residents within our focus area to exchange information, build community and forward the area's cultural and economic development.

Form 990-ez, Part III, Line 31

To realize the full economic potential of beaufort by promoting the downtown district as a place of commerce, recreation and culture.

Raw XML Appendix172 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/PersonNm0SUSAN SANDERS
IRS990EZ/BooksInCareOfDetail/PhoneNum02522414485
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 56
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEAUFORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028516
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03704
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02864
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt046052
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-840
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03704
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02864
IRS990EZ/GrossReceiptsAmt047626
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03704
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02864
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03704
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02864
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SUSAN SANDERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NELSON OWENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KRISTEN PRESCOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WENDY PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WENDY DAVIDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARTHA BARNES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LIZ KOPF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TOMMY SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BUCKY OLIVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9PAT WESSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt047166
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DOWNTOWN BEAUFORT DEVELOPMENT ASSOCIATION'S MISSION IS TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE. TO PROVIDE A FORUM FOR BUSINESSES, ORGANIZATIONS AND RESIDENTS WITHIN OUR FOCUS AREA TO EXCHANGE INFORMATION, BUILD COMMUNITY AND FORWARD THE AREA'S CULTURAL AND ECONOMIC DEVELOPMENT.
IRS990EZ/ProgramServiceRevenueAmt01574
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022908
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt125558
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt048466
IRS990EZ/TotalProgramServiceExpensesAmt048466
IRS990EZ/TotalRevenueAmt047626
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt046052
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt041627
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027256
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt034081
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035932
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0184948
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01574
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06180
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014286
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09854
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt011842
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt043736
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0228684
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt047626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt047807
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt041542
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043935
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt047774
IRS990ScheduleA/Total509Grp/TotalAmt0228684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047626
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt047807
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt041542
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt043935
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt047774
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0228684
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FIREWORKS COST OF GOODS SOLD 14,096 ILLUMINATE BEAUFORT COST OF GOODS SOLD 5,170 TREE LIGHTING COST OF GOODS SOLD 389 EXPENSES ADVERTISING & PROMOTION 21,393 OFFICE SUPPLIES & POSTAGE 372 INSURANCE 4,603 WEBSITE 222 EVENT SETUP & SUPPLIES 921 TOTAL 47,166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOWNTOWN BEAUFORT DEVELOPMENT ASSOCIATION'S MISSION IS TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE. TO PROVIDE A FORUM FOR BUSINESSES, ORGANIZATIONS AND RESIDENTS WITHIN OUR FOCUS AREA TO EXCHANGE INFORMATION, BUILD COMMUNITY AND FORWARD THE AREA'S CULTURAL AND ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO REALIZE THE FULL ECONOMIC POTENTIAL OF BEAUFORT BY PROMOTING THE DOWNTOWN DISTRICT AS A PLACE OF COMMERCE, RECREATION AND CULTURE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN SANDERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02522414485
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN BEAUFORT DEVELOPMENT ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0473032912
ReturnHeader/Filer/PhoneNum02522414485
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 56
ReturnHeader/Filer/USAddress/CityNm0BEAUFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028516
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271572893
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADFORD H PINER CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 750
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEAUFORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028516
ReturnHeader/PreparerPersonGrp/PhoneNum02527284832
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLENE S FULCHER
ReturnHeader/ReturnTs02023-01-26T16:53:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SUSAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SANDERS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings