Downtown Event Inc

990EZ • Fiscal year 2013 • EIN 51-0564728

Jan 01, 2013 to Dec 31, 2013 • Filed on May 09, 2014

Organization Profile N/A

PO Box 154Blacksburg, VA 24062

(540) 953-0054

Siviq Scores

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

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

43%

Higher net margin than 90% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

49%

Faster asset growth than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

49%

Faster revenue growth than 85% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

$9,815

Up $3,247 (+49%) from 2012

Net Assets

$9,815

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2012

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin90th percentile

Revenue

$7,639

Up $2,528 (+49%) from 2012

Expenses

$4,392

Up $2,047 (+87%) from 2012

Net Income

$3,247

Up $481 (+17%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

Highlighted filing

2013

Assets$9,815

Liabilities$0

Net Assets$9,815

Open 2013 Filing

Operations Trend

Revenue Growth85th percentile

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

Highlighted filing

2013

Revenue$7,639

Expenses$4,392

Net Income$3,247

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: May 9, 2014
Return Version: 2013v3.1
Gross Receipts: $29,421

Mission and Program Overview

Mission

See Schedule O

Program Services

Description	Grants	Expenses
Events to connect newcomers, locals creative professionals in Blacksburg, VA	-	$21,782

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Krisha Chachra	President	-	$0	-	-
Michael Soriano	Treasurer	-	$0	-	-
Cliv Cranwell	Director	-	$0	-	-
Jessica Hudson	Director	-	$0	-	-
Derek Klinedinst	Director	-	$0	-	-
Cliff Cothran	Director	-	$0	-	-
Lud Eng	Director	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Event 1	$16,883	$16,883	$3,282	$13,601
Total Events	$16,883	$16,883	$21,782	$-4,899

Filing and Contact Details

Filer

EIN: 51-0564728
Phone: 5409530054

Signing Officer

Name: Mike Soriano
Title: Treasurer
Phone: 5409512222
Signed: 2014-05-09
Discuss with paid preparer: Yes

Preparer

Preparer: Alice Ledford
Phone: 5405524034

Supplemental Narrative

Additional Explanations

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

“Supplies 150”

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

“Dues, Fees Licenses 75”

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

“TOB Contribution 2,000”

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

“Insurance 1,443”

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

“Meeting Expenses 259”

Form 990-EZ, Part III, Line 28

“To facilitate events to connect newcomers, locals creative professionals in Blacksburg, VA.”

Raw XML Appendix178 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.

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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5409512222
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	111 North Main Street
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	Blacksburg
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	24060
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	6568
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	9815
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	12538
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	3247
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	275
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	6568
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	9815
IRS990EZ/FundraisingGrossIncomeAmt	0	16883
IRS990EZ/GrossReceiptsAmt	0	29421
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	6568
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	9815
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	6568
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	9815
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	6	001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Krisha Chachra
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Michael Soriano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Cliv Cranwell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Jessica Hudson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Derek Klinedinst
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	Cliff Cothran
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	Lud Eng
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	Director
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	3927
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt	0	190
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Events to connect newcomers, locals creative professionals in Blacksburg, VA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	21782
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/RelatedOrgSect527OrgInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	21782
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	-4899
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	VA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TotalExpensesAmt	0	4392
IRS990EZ/TotalProgramServiceExpensesAmt	0	21782
IRS990EZ/TotalRevenueAmt	0	7639
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	12538
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	6531
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	10450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	13520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	43039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	1
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	1
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	16883
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	11825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	19348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	48056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	1
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	1
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome509Grp/TotalAmt	0	0
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.00000
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	0
IRS990ScheduleA/PublicSupportTotal509Amt	0	91095
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	29421
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	18356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	29798
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	13520
IRS990ScheduleA/Total509Grp/TotalAmt	0	91095
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	29421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	18357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	29798
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	13520
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	91096
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	21782
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt	0	1150
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt	0	1150
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt	0	17350
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt	0	17350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	16883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	16883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	16883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	16883
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt	0	Up On The Roof
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	-4899
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	3282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	3282
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Supplies 150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Dues, Fees Licenses 75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	TOB Contribution 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Insurance 1,443
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Meeting Expenses 259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	To facilitate events to connect newcomers, locals creative professionals in Blacksburg, VA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Form 990-EZ, Part III, Line 28
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Mike Soriano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5409512222
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	Downtown Events Inc
ReturnHeader/Filer/BusinessNameControlTxt	0	DOWN
ReturnHeader/Filer/EIN	0	510564728
ReturnHeader/Filer/PhoneNum	0	5409530054
ReturnHeader/Filer/USAddress/AddressLine1	0	PO Box 154
ReturnHeader/Filer/USAddress/City	0	Blacksburg
ReturnHeader/Filer/USAddress/State	0	VA
ReturnHeader/Filer/USAddress/ZIPCode	0	24062
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	Alice Ledford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	PO Box 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	Blacksburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	24063
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5405524034
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Alice Ledford
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2014-05-13T07:48:03-00:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $9,815
Liabilities: $0
Net assets: $9,815
Revenue: $7,639
Expenses: $4,392
Net income: $3,247

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2020Detailed filing. Detailed filing data is available for this year.	$13.4	$0.00	$13.4	$0.00	$0.49	$0.49
2019Detailed filing. Detailed filing data is available for this year.	$13.9	$0.00	$13.9	$3.32	$7.90	$4.58
2018Detailed filing. Detailed filing data is available for this year.	$18.5	$0.00	$18.5	$4.04	$3.45	$0.60
2017Detailed filing. Detailed filing data is available for this year.	$17.9	$0.00	$17.9	$6.13	$3.80	$2.33
2016Detailed filing. Detailed filing data is available for this year.	$15.6	$0.00	$15.6	$7.36	$4.01	$3.35
2015Detailed filing. Detailed filing data is available for this year.	$12.2	$0.28	$11.9	$4.18	$6.18	$2.00
2014Detailed filing. Detailed filing data is available for this year.	$13.9	$0.00	$13.9	$9.77	$5.64	$4.13
2013Detailed filing. Detailed filing data is available for this year.	$9.82	$0.00	$9.82	$7.64	$4.39	$3.25
2012Summary only. Only limited summary data is available for this year.	$6.57	$0.00		$5.11	$2.35	$2.77
2011Summary only. Only limited summary data is available for this year.	$3.80	$0.00		$2.03	$3.26	$1.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.03		$5.03	$13.5	$11.7	$1.81