Civic Intelligence

Downtown Event Inc

990EZ • Fiscal year 2017 • EIN 51-0564728

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

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

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$17,901

Up $2,333 (+15%) from 2016

Net Assets

Up

$17,901

Up $2,333 (+15%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$6,128

Down $1,231 (-17%) from 2016

Expenses

Down

$3,796

Down $209 (-5.2%) from 2016

Net Income

Down

$2,332

Down $1,022 (-30%) from 2016

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

2017

Assets$17,901
Liabilities$0
Net Assets$17,901

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

2017

Revenue$6,128
Expenses$3,796
Net Income$2,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$24,133
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Events to connect newcomers, locals creative professionals in Blacksburg, VA-$18,005
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Krisha ChachraPresident-$0--
Michael SorianoTreasurer-$0--
Cliv CranwellDirector-$0--
Derek KlinedinstDirector-$0--
Jessica HudsonDirector-$0--
Lud EngDirector-$0--
Chelsea KoonceDirector-$0--
Karie GeissDirector-$0--
Christopher BelluzzoDirector-$0--
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
2018-11-13
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 16, Other Expenses

Supplies 272

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

Dues, Tax, Fees Licenses 1,019

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

Insurance 1,816

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

Merchandise Sales Costs 15

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

Meetings 177

Form 990-EZ, Part I, Line 20, Net Assets

Rounding Difference 1

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

Merchandise Inventory Beginning of year 501, End of year 487

Raw XML Appendix185 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/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt0487
IRS990EZ/OtherChangesInNetAssetsAmt01
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018005
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 272
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues, Tax, Fees Licenses 1,019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 1,816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Merchandise Sales Costs 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meetings 177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding Difference 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Merchandise Inventory Beginning of year 501, End of year 487
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Soriano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-13
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
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.62.156.181
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13
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ReturnHeader/FilingSecurityInformation/IPTm005:37:48
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Blacksburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
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ReturnHeader/PreparerPersonGrp/PhoneNum05405524034
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alice T Ledford
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-13T12:38:45-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings