Civic Intelligence

Downtown Event Inc

990EZ • Fiscal year 2015 • EIN 51-0564728

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

PO Box 154Blacksburg, VA 24062

(540) 953-0054

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.07x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

8th percentile

-48%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

26th percentile

-12%

Faster asset growth than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-57%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$12,214

Down $1,726 (-12%) from 2014

Net Assets

Down

$11,939

Down $2,001 (-14%) from 2014

Liabilities

Up

$275

Up $275 from 2014

Revenue

Down

$4,177

Down $5,589 (-57%) from 2014

Expenses

Up

$6,178

Up $537 (+9.5%) from 2014

Net Income

Down

-$2,001

Down $6,126 (-149%) from 2014

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2010: $5,031Net Assets 2010: $5,0312010Assets 2011: $3,802Liabilities 2011: $02011Assets 2012: $6,568Liabilities 2012: $02012Assets 2013: $9,815Liabilities 2013: $0Net Assets 2013: $9,8152013Assets 2014: $13,940Liabilities 2014: $0Net Assets 2014: $13,9402014Assets 2015: $12,214Liabilities 2015: $275Net Assets 2015: $11,9392015Assets 2016: $15,568Liabilities 2016: $0Net Assets 2016: $15,5682016Assets 2017: $17,901Liabilities 2017: $0Net Assets 2017: $17,9012017Assets 2018: $18,498Liabilities 2018: $0Net Assets 2018: $18,4982018Assets 2019: $13,920Liabilities 2019: $0Net Assets 2019: $13,9202019Assets 2020: $13,430Liabilities 2020: $0Net Assets 2020: $13,4302020

Highlighted filing

2015

Assets$12,214
Liabilities$275
Net Assets$11,939

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2010: $13,520Expenses 2010: $11,713Net Income 2010: $1,8072010Revenue 2011: $2,033Expenses 2011: $3,261Net Income 2011: -$1,2282011Revenue 2012: $5,111Expenses 2012: $2,345Net Income 2012: $2,7662012Revenue 2013: $7,639Expenses 2013: $4,392Net Income 2013: $3,2472013Revenue 2014: $9,766Expenses 2014: $5,641Net Income 2014: $4,1252014Revenue 2015: $4,177Expenses 2015: $6,178Net Income 2015: -$2,0012015Revenue 2016: $7,359Expenses 2016: $4,005Net Income 2016: $3,3542016Revenue 2017: $6,128Expenses 2017: $3,796Net Income 2017: $2,3322017Revenue 2018: $4,044Expenses 2018: $3,447Net Income 2018: $5972018Revenue 2019: $3,321Expenses 2019: $7,899Net Income 2019: -$4,5782019Revenue 2020: $0Expenses 2020: $490Net Income 2020: -$4902020

Highlighted filing

2015

Revenue$4,177
Expenses$6,178
Net Income-$2,001
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.1
Gross Receipts
$24,083
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Events to connect newcomers, locals creative professionals in Blacksburg, VA-$19,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Krisha ChachraPresident-$0--
Michael SorianoTreasurer-$0--
Cliv CranwellDirector-$0--
Derek KlinedinstDirector-$0--
Karie GeissDirector-$0--
Lud EngDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Up On The Roof$15,117$15,117$2,653$12,464
Total Events$15,117$15,117$19,906$-4,789
Filing and Contact Details

Filer

Filer Name
Downtown Events Inc
EIN
51-0564728
Phone
5409530054
Address
PO Box 154, Blacksburg, VA 24062

Signing Officer

Name
Mike Soriano
Title
Treasurer
Signed
2016-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Ledford Accounting Team Inc
Address
PO Box 207, Blacksburg, VA 24063
Preparer
Alice T Ledford
Phone
5405524034
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Merchandise Sales 3

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

Conferences, conventions, and meetings 508

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

Supplies 86

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

Dues, Tax, Fees Licenses 353

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

Insurance 1,492

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

Sponsorships Donations 3,250

Form 990-EZ, Part II, Line 24, Other Assets

Merchandise Inventory Beginning of year 599, End of year 599

Form 990-EZ, Part II, Line 26, Liabilities

Accounts Payable Beginning of year 0, End of year 275

Raw XML Appendix194 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/PersonNm0Mike Soriano
IRS990EZ/BooksInCareOfDetail/PhoneNum05409512222
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 North Main Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Blacksburg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024060
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013341
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011615
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08963
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2001
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0275
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013940
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012214
IRS990EZ/FundraisingGrossIncomeAmt015117
IRS990EZ/GrossReceiptsAmt024083
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013940
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011939
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013940
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011939
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Krisha Chachra
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael Soriano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cliv Cranwell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Derek Klinedinst
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Karie Geiss
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Lud Eng
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0599
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0599
IRS990EZ/OtherExpensesTotalAmt05689
IRS990EZ/OtherRevenueTotalAmt03
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt0214
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Events to connect newcomers, locals creative professionals in Blacksburg, VA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt019906
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt019906
IRS990EZ/SpecialEventsNetIncomeLossAmt0-4789
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0275
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt06178
IRS990EZ/TotalProgramServiceExpensesAmt019906
IRS990EZ/TotalRevenueAmt04177
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt012538
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06531
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt051617
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt016922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016883
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt019348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt080095
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0131712
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt024080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt030057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt029421
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt018356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt029798
IRS990ScheduleA/Total509Grp/TotalAmt0131712
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt024080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt030057
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt029421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt018357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt029798
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0131713
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019906
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Up On The Roof
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt015753
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt015753
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015117
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4789
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02653
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Merchandise Sales 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 86
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dues, Tax, Fees Licenses 353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 1,492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Sponsorships Donations 3,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Merchandise Inventory Beginning of year 599, End of year 599
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable Beginning of year 0, End of year 275
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Soriano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Downtown Events Inc
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0510564728
ReturnHeader/Filer/PhoneNum05409530054
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 154
ReturnHeader/Filer/USAddress/CityNm0Blacksburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024062
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ledford Accounting Team Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Blacksburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024063
ReturnHeader/PreparerPersonGrp/PhoneNum05405524034
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alice T Ledford
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-16T12:59:58-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings