Civic Intelligence

Modesto Improvement Partnership Inc DBA Downtown Modesto Partnership

EIN 47-5067361 • 501(c)3 • Modesto, CA

Profile

To build a positive image of Downtown Modesto by highlighting all the great things the community has to offer and bolstering services that improve the user experience.

1003 10th Street Ste AModesto, CA 95354

domopartnership.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.44x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.44x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

25th percentile

-9.0%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$45,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

55th percentile

5.4%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.5%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$963,536

Up $49,312 (+5.4%) from 2023

Liabilities

Up

$426,766

Up $131,336 (+44%) from 2023

Net Assets

Down

$536,770

Down $82,024 (-13%) from 2023

Revenue

Up

$961,649

Up $66,795 (+7.5%) from 2023

Expenses

Down

$1,048,243

Down $48,371 (-4.4%) from 2023

Net Income

Up

-$86,594

Up $115,166 (+57%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2015: $0Net Assets 2015: $02015Assets 2016: $420,800Liabilities 2016: $0Net Assets 2016: $420,8002016Assets 2017: $567,520Liabilities 2017: $43,024Net Assets 2017: $524,4962017Assets 2019: $577,543Liabilities 2019: $45,863Net Assets 2019: $531,6802019Assets 2020: $2,860,083Liabilities 2020: $2,231,397Net Assets 2020: $628,6862020Assets 2021: $4,076,515Liabilities 2021: $3,267,278Net Assets 2021: $809,2372021Assets 2022: $4,051,206Liabilities 2022: $3,230,652Net Assets 2022: $820,5542022Assets 2023: $914,224Liabilities 2023: $295,430Net Assets 2023: $618,7942023Assets 2024: $963,536Liabilities 2024: $426,766Net Assets 2024: $536,7702024

Highlighted filing

2024

Assets$963,536
Liabilities$426,766
Net Assets$536,770

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $02015Revenue 2016: $656,229Expenses 2016: $235,429Net Income 2016: $420,8002016Revenue 2017: $722,176Expenses 2017: $557,344Net Income 2017: $164,8322017Revenue 2019: $789,156Expenses 2019: $769,472Net Income 2019: $19,6842019Revenue 2020: $994,953Expenses 2020: $897,947Net Income 2020: $97,0062020Revenue 2021: $1,379,029Expenses 2021: $1,198,478Net Income 2021: $180,5512021Revenue 2022: $1,478,727Expenses 2022: $1,467,410Net Income 2022: $11,3172022Revenue 2023: $894,854Expenses 2023: $1,096,614Net Income 2023: -$201,7602023Revenue 2024: $961,649Expenses 2024: $1,048,243Net Income 2024: -$86,5942024

Highlighted filing

2024

Revenue$961,649
Expenses$1,048,243
Net Income-$86,594

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$961,649
Mission and Program Overview

Mission

To build a positive image of downtown modesto by highlighting all the great things the community has to offer and bolstering services that improve the user experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$63,290$578,944▲ $515,654
Savings and Temporary Cash Investments$321,550$0▼ $321,550
Land, Buildings, and Equipment, Net$14,457$10,234▼ $4,223
Prepaid Expenses and Deferred Charges$1,291$6,220▲ $4,929
Pledges and Grants Receivable$28,771$450▼ $28,321
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$918,794$963,536▲ $44,742
Other Assets Total$489,435$367,688▼ $121,747
Liabilities
Other Liabilities$295,430$375,399▲ $79,969
Accounts Payable and Accrued Expenses-$51,367-
Total Liabilities$295,430$426,766▲ $131,336
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$623,364$536,770▼ $86,594
Total Net Assets Fund Balance$623,364$536,770▼ $86,594
Total Liabilities and Net Assets / Fund Balance$918,794$963,536▲ $44,742

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,234$141,797$152,031
Other Assets Org$86,348--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Heidi SavageCEOFT$45,000$45,000

Board Members and Trustees

NameTitle
Gabriela GuerriniPresident
Blaine CoxVice President
Ann EndsleyMember
Blake HumbleMember
Chad HilligusMember
Chelsie WebsterMember
Sue ZwahlenMember
Mike MoradianSecretary
Carlos VillapuduaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,800
Program Service Revenue
$907,848
Investment Income
$4,913
Other Revenue
$47,088
All Other Contributions
$1,800
Change in Net Assets
$-86,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$656,421
Salaries, Compensation, and Employee Benefits$381,322
Grants and Similar Amounts Paid$10,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$236,248$29,199-$265,447
Occupancy-$61,167-$61,167
Current Officers, Directors, Trustees, and Key Employees$40,050$4,950-$45,000
Other Expenses$50,248$40,025-$40,025
Other Employee Benefits$33,578$4,150-$37,728
Fees for Services Accounting-$37,122-$37,122
Insurance-$23,587-$23,587
Payroll Taxes$18,234$2,254-$20,488
All Other Expenses$157$14,659-$14,816
Pension Plan Contributions$11,267$1,392-$12,659
Grants to Domestic Orgs$10,500--$10,500
Office Expenses-$9,107-$9,107
Depreciation Depletion$3,758$465-$4,223
Travel-$2,412-$2,412
Advertising-$1,082-$1,082
Conferences and Meetings-$88-$88
Total Functional Expenses$816,584$231,659$0$1,048,243
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
RAD Card Stan County$243,745
Operating Lease Liability$97,948
Accrued Payroll$16,820
Accrued Absences$9,501
Credit Card Payables$7,228
Sales Tax Payable$157
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Signer of From 990 reviews prior to signing.

Form 990, Part VI, Section B, Line 12C

Officers and key employees are asked to complete form describing and possible conficts. Annually, there is a review for compliance during the audit.

Form 990, Part VI, Section B, Line 15A

Annually the Committee reviews an independent survey of similar positions in the geographic area to assist in determining the executive director salary.

Form 990, Part VI, Section C, Line 19

No other documents are made available to the public.

Filing and Contact Details

Filer

Filer Name
Modesto Improvement Partnership Inc
EIN
47-5067361
Phone
2093030411
Address
1003 10th Street Ste A, Modesto, CA 95354

Signing Officer

Name
Heidi Savage
Title
President
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heidi Savage
Formed
2014
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
12
Employees
5

Preparer

Firm
Johnson & Matos CPAs Inc
Address
631 15th St, Modesto, CA 95354
Preparer
Michelle N Matos
Phone
2092361040
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IRS990/OtherLiabilitiesGrp/EOYAmt0375399
IRS990/OtherRevenueMiscGrp/Desc0Contracted Services
IRS990/OtherRevenueMiscGrp/Desc1Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt040692
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16396
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt040692
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16396
IRS990/OtherRevenueTotalAmt047088
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029199
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0236248
IRS990/OtherSalariesAndWagesGrp/TotalAmt0265447
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02254
IRS990/PayrollTaxesGrp/ProgramServicesAmt018234
IRS990/PayrollTaxesGrp/TotalAmt020488
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01392
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011267
IRS990/PensionPlanContributionsGrp/TotalAmt012659
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028771
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0450
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01291
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06220
IRS990/PrincipalOfficerNm0Heidi Savage
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CBD Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0836281
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt171567
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0836281
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt171567
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06500
IRS990/PYInvestmentIncomeAmt027206
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0682965
IRS990/PYOtherRevenueAmt044030
IRS990/PYProgramServiceRevenueAmt0823618
IRS990/PYRevenuesLessExpensesAmt0-201760
IRS990/PYSalariesCompEmpBnftPaidAmt0407149
IRS990/PYTotalExpensesAmt01096614
IRS990/PYTotalRevenueAmt0894854
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-86594
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0321550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt018765
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt031650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt010521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt062736
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0783
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0512
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07219
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0954936
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01417179
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01346368
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0983920
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04702403
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt062736
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt018765
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt031650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt010521
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt062736
IRS990ScheduleA/TotalSupportAmt04772358
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02108
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1279232
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt286348
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RAD Gift Card
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Right of Use Asset - Op Lease
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Secuirty Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5UNDEPOSITED FUNDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010234
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0141797
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0152031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116820
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27228
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt397948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4243745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5157
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Payroll
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Credit Card Payables
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Operating Lease Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4RAD Card Stan County
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Sales Tax Payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010234
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0367688
IRS990ScheduleD/TotalLiabilityAmt0375399
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Signer of From 990 reviews prior to signing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers and key employees are asked to complete form describing and possible conficts. Annually, there is a review for compliance during the audit.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annually the Committee reviews an independent survey of similar positions in the geographic area to assist in determining the executive director salary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No other documents are made available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false

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