Civic Intelligence

Rediscover Downtown Peru Inc.

990EZ • Fiscal year 2022 • EIN 47-5119470

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 20, 2023

Organization ProfileWWW.REDISCOVERDOWNTOWNPERU.COM
PO Box 85Peru, IN 46970

(765) 513-9608

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

82nd percentile

35%

Higher net margin than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

96th percentile

277%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-26%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$39,205

Up $28,817 (+277%) from 2021

Net Assets

Up

$39,205

Up $28,817 (+277%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin82nd percentile

Revenue

Down

$81,955

Down $28,614 (-26%) from 2021

Expenses

Down

$53,138

Down $92,985 (-64%) from 2021

Net Income

Up

$28,817

Up $64,371 (+181%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$60K$40K$20K$0Assets 2016: $31,730Liabilities 2016: $0Net Assets 2016: $31,7302016Assets 2017: $16,284Liabilities 2017: $0Net Assets 2017: $16,2842017Assets 2018: $48,392Liabilities 2018: $0Net Assets 2018: $48,3922018Assets 2019: $58,834Liabilities 2019: $0Net Assets 2019: $58,8342019Assets 2020: $45,942Liabilities 2020: $0Net Assets 2020: $45,9422020Assets 2021: $10,388Liabilities 2021: $0Net Assets 2021: $10,3882021Assets 2022: $39,205Liabilities 2022: $0Net Assets 2022: $39,2052022Assets 2023: $44,003Liabilities 2023: $0Net Assets 2023: $44,0032023Assets 2024: $39,727Net Assets 2024: $39,7272024

Highlighted filing

2022

Assets$39,205
Liabilities$0
Net Assets$39,205
Open 2022 Filing

Operations Trend

Revenue Growth20th percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $55,000Expenses 2016: $33,300Net Income 2016: $21,7002016Revenue 2017: $50,749Expenses 2017: $66,195Net Income 2017: -$15,4462017Revenue 2018: $112,286Expenses 2018: $80,178Net Income 2018: $32,1082018Revenue 2019: $89,815Expenses 2019: $79,373Net Income 2019: $10,4422019Revenue 2020: $38,275Expenses 2020: $51,167Net Income 2020: -$12,8922020Revenue 2021: $110,569Expenses 2021: $146,123Net Income 2021: -$35,5542021Revenue 2022: $81,955Expenses 2022: $53,138Net Income 2022: $28,8172022Revenue 2023: $91,651Expenses 2023: $86,853Net Income 2023: $4,7982023Revenue 2024: $103,982Expenses 2024: $108,258Net Income 2024: -$4,2762024

Highlighted filing

2022

Revenue$81,955
Expenses$53,138
Net Income$28,817
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 20, 2023
Return Version
2022v5.0
Gross Receipts
$119,720
Mission and Program Overview

Mission

PUBLIC CHARITY

Program Services

DescriptionGrantsExpenses
SUPPORTING LOCAL BUSINESS THROUGH GRANTS MATCHING THE COST OF IMPROVEMENTS MADE TO FACADE OF DOWNTOWN PERU BUILDINGS.$11,800$33,822
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC MCCOYPresident-$0--
TERRY T SMITHVice Preside-$0--
GIZELLA ROBERTSSecretary/Tr-$0--
Filing and Contact Details

Filer

Filer Name
Rediscover Downtown Peru Inc
EIN
47-5119470
Phone
7655139608
Address
PO BOX 85, PERU, IN 46970

Signing Officer

Name
Terry T Smith
Title
Vice President
Phone
7654735529
Signed
2023-03-20
Discuss with paid preparer
Yes

Preparer

Firm
Comerford & Co Pc
Address
36 W FIFTH ST, PERU, IN 46970-2219
Preparer
James R Comerford
Phone
7654722387
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

“Form 990-ez, part i, line 10 - grants and similar amounts paid no grantee organization was paid more than 5,000.00”

Form 990-ez, Part I, Line 16

“Cole porter activities advertising 3,758 dues and subscriptions 1,695 bank fees 40 supplies 10,704 telephone 115 utilities 28 insurance 311 taxes & licences 438 expenses advertising 325 contract labor 1,100 dues & subscriptions 979 supplies 288 licenses and fees 178 insurance 2,164 marie edwards statue 2,227 total 24,350”

Form 990-ez, Part II, Line 24

“Security deposits 125 125 total 125 125”

Raw XML Appendix129 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/PersonNm0TERRY T SMITH
IRS990EZ/BooksInCareOfDetail/PhoneNum07654735529
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0118 E MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PERU
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046970
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010263
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039080
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt080645
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028817
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016988
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010388
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039205
IRS990EZ/FundraisingGrossIncomeAmt039075
IRS990EZ/GrantsAndSimilarAmountsPaidAmt011800
IRS990EZ/GrossReceiptsAmt0119720
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010388
IRS990EZ/NetAssetsOrFundBalancesEOYAmt039205
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010388
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt039205
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC MCCOY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TERRY T SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GIZELLA ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0125
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0125
IRS990EZ/OtherExpensesTotalAmt024350
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PUBLIC CHARITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORTING LOCAL BUSINESS THROUGH GRANTS MATCHING THE COST OF IMPROVEMENTS MADE TO FACADE OF DOWNTOWN PERU BUILDINGS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt011800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt033822
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt037765
IRS990EZ/SpecialEventsNetIncomeLossAmt01310
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053138
IRS990EZ/TotalProgramServiceExpensesAmt033822
IRS990EZ/TotalRevenueAmt081955
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.REDISCOVERDOWNTOWNPERU.COM
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt080645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt081214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt094670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0407003
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0103344
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0407003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt080645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt081214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt094670
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0407003
IRS990ScheduleA/TotalSupportAmt0407003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID NO GRANTEE ORGANIZATION WAS PAID MORE THAN 5,000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COLE PORTER ACTIVITIES ADVERTISING 3,758 DUES AND SUBSCRIPTIONS 1,695 BANK FEES 40 SUPPLIES 10,704 TELEPHONE 115 UTILITIES 28 INSURANCE 311 TAXES & LICENCES 438 EXPENSES ADVERTISING 325 CONTRACT LABOR 1,100 DUES & SUBSCRIPTIONS 979 SUPPLIES 288 LICENSES AND FEES 178 INSURANCE 2,164 MARIE EDWARDS STATUE 2,227 TOTAL 24,350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSITS 125 125 TOTAL 125 125
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY T SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07654735529
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REDISCOVER DOWNTOWN PERU INC
ReturnHeader/Filer/BusinessNameControlTxt0REDI
ReturnHeader/Filer/EIN0475119470
ReturnHeader/Filer/PhoneNum07655139608
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 85
ReturnHeader/Filer/USAddress/CityNm0PERU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046970
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202122609
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COMERFORD & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt036 W FIFTH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PERU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0469702219
ReturnHeader/PreparerPersonGrp/PhoneNum07654722387
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES R COMERFORD
ReturnHeader/ReturnTs02023-03-20T12:28:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERRY T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,205
Liabilities
$0
Net assets
$39,205
Revenue
$81,955
Expenses
$53,138
Net income
$28,817
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.40$0.40$1.04$1.08$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.92$0.87$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.82$0.53$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.11$1.46$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.38$0.51$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.90$0.79$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.12$0.80$0.32
2017Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.51$0.66$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.55$0.33$0.22