Civic Intelligence

Downtown Fresno Foundation

990EZ • Fiscal year 2018 • EIN 47-3825104

Jan 01, 2018 to Dec 31, 2018 • Filed on May 09, 2019

845 Fulton StFresno, CA 93721

(559) 490-9966

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

9th percentile

-46%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

33rd percentile

-7.1%

Faster asset growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-74%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$78,970

Down $6,021 (-7.1%) from 2017

Net Assets

Down

$78,970

Down $6,021 (-7.1%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$12,963

Down $36,691 (-74%) from 2017

Expenses

Down

$18,984

Down $5,749 (-23%) from 2017

Net Income

Down

-$6,021

Down $30,942 (-124%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $48,684Liabilities 2015: $35,572Net Assets 2015: $13,1122015Assets 2016: $60,070Net Assets 2016: $60,0702016Assets 2017: $84,991Net Assets 2017: $84,9912017Assets 2018: $78,970Net Assets 2018: $78,9702018Assets 2020: $94,668Net Assets 2020: $94,6682020Assets 2021: $96,150Net Assets 2021: $96,1502021Assets 2022: $54,626Net Assets 2022: $54,6262022Assets 2023: $277,780Liabilities 2023: $261,625Net Assets 2023: $16,1552023Assets 2024: $247,883Liabilities 2024: $221,977Net Assets 2024: $25,9062024

Highlighted filing

2018

Assets$78,970
Liabilities-
Net Assets$78,970

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $50,797Expenses 2015: $37,685Net Income 2015: $13,1122015Revenue 2016: $107,056Expenses 2016: $60,098Net Income 2016: $46,9582016Revenue 2017: $49,654Expenses 2017: $24,733Net Income 2017: $24,9212017Revenue 2018: $12,963Expenses 2018: $18,984Net Income 2018: -$6,0212018Revenue 2020: $60,037Expenses 2020: $63,658Net Income 2020: -$3,6212020Revenue 2021: $80,021Expenses 2021: $78,539Net Income 2021: $1,4822021Revenue 2022: $14,421Expenses 2022: $55,945Net Income 2022: -$41,5242022Revenue 2023: $27,477Expenses 2023: $65,948Net Income 2023: -$38,4712023Revenue 2024: $136,542Expenses 2024: $126,791Net Income 2024: $9,7512024

Highlighted filing

2018

Revenue$12,963
Expenses$18,984
Net Income-$6,021
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 9, 2019
Return Version
2018v3.1
Gross Receipts
$12,963
Mission and Program Overview

Mission

To enhance our community by providing resources and support to downtown Fresno stakeholders.

Program Services

DescriptionGrantsExpenses
DOWNTOWN ACADEMY - Fresnos Leading Young Professionals established Downtown Academy in 2010 to answer the question: how do we make downtown Fresno a vibrant place to live and work? In 2016, the Downtown Fresno Partnership and Fresnos Leading Young Professionals joined forces to make the program even bigger and better. This year, the program enters its 7th cohort with over 100 graduating members. So, what is Downtown Academy? Downtown Academy is a 10-month award-winning collaborative program designed to connect key business, government, and community leaders with forward-thinking young professionals to explore downtown Fresno, how we got here and where were headed. Downtown Academy is exclusively offered to members of Fresnos Leading Young Professionals. Downtown Academy received the 2016 Leadership & Management Excellence Award from the International Downtown Association and has been referred to by former Fresno mayor, Ashley Swearengin, as one of the best programs to come out of the revitalization movement (3/3/2016).$9,008-
FULTON STOREFRONT RENOVATION PROGRAM - The purpose of the Fulton Storefront Renovation Program is to revitalize, support, and promote the Citys downtown commercial district, Fulton District, along Fulton Street between Inyo and Tuolumne. Working toward this goal, the Program offers financial incentives in the form of a rebate on construction and design to applicants considering an exterior rehabilitation or renovation of a commercial structure. If a business or property owner is part of the Fulton District area, you are eligible to apply for funds for approved projects. The maximum award is $2,500, with a required 1:1 property/business owner match. For example, if the applicant requests $1,000 in rebate costs, the property/business owner is required to match the request with $1,000 for a total project investment of $2,000. Qualified awarded projects will be paid directly after completed work has been inspected for consistency with the grant application. To qualify for payment, all work must be in conformance with approved plans.$2,785-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah MoffatChairman-$0--
Derek FranksSecretary-$0--
Kate EilandTreasurer-$0--
Diego ArambulaDirector-$0--
CATHERINE HEANEYDirector-$0--
JIMMY CERRACCHIODirector-$0--
Dr Scott Moore PHDDirector-$0--
JORDAN GUSTAFSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Fresno Foundation
EIN
47-3825104
Phone
5594909966
Address
845 Fulton St, Fresno, CA 93721

Signing Officer

Name
Daniel Griffith
Title
Executive Director
Signed
2019-05-09
Discuss with paid preparer
Yes

Preparer

Firm
MBS Accountancy Corporation
Address
2300 Tulare St 230, Fresno, CA 93721
Preparer
Cassidy Jakovickas
Phone
5594217033
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $65

Other Expenses.1010

Amortization $3002

Other Expenses.1012

Insurance $1173

Other Expenses.1

DOWNTOWN ACADEMY $9008

Other Expenses.2

GIFTS & AWARDS $2785

Other Expenses.3

Events & programming $1766

Other Expenses.4

Dues & subscriptions $180

Other Assets.1012

Intangible Assets - Beginning $40499 Intangible Assets - Ending $37497

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $65
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1173
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/Filer/EIN0473825104
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ReturnHeader/ReturnTs02019-05-09T12:16:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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