Civic Intelligence

Downtown Event Inc

990EZ • Fiscal year 2018 • EIN 51-0564728

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

53rd percentile

3.3%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-34%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$18,498

Up $597 (+3.3%) from 2017

Net Assets

Up

$18,498

Up $597 (+3.3%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$4,044

Down $2,084 (-34%) from 2017

Expenses

Down

$3,447

Down $349 (-9.2%) from 2017

Net Income

Down

$597

Down $1,735 (-74%) from 2017

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

2018

Assets$18,498
Liabilities$0
Net Assets$18,498

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

2018

Revenue$4,044
Expenses$3,447
Net Income$597
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$18,013
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Events to connect newcomers, locals creative professionals in Blacksburg, VA-$13,969
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Krisha ChachraPresident-$0--
Michael SorianoTreasurer-$0--
Cliv CranwellDirector-$0--
Derek KlinedinstDirector-$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
2019-11-14
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 311

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

Dues, Tax, Fees Licenses 689

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

Insurance 1,816

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

Merchant Fees 63

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

Meetings 128

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

Merchandise Inventory Beginning of year 487, End of year 411

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/BooksInCareOfDetail/USAddress/CityNm0Blacksburg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024060
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Krisha Chachra
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Christopher Belluzzo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0487
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0411
IRS990EZ/OtherExpensesTotalAmt03007
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt0165
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013969
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt013969
IRS990EZ/SpecialEventsNetIncomeLossAmt0-3256
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt07300
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt046724
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt016922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt072403
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
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IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt018013
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt022844
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt024080
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt030057
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt018013
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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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues, Tax, Fees Licenses 689
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 1,816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Merchant Fees 63
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meetings 128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Merchandise Inventory Beginning of year 487, End of year 411
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Soriano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
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/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.244.107.191
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm020:34:31
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/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alice T Ledford
ReturnHeader/ReturnTs02019-11-14T03:35:30-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings