Civic Intelligence

Downtown Event Inc

990EZ • Fiscal year 2019 • EIN 51-0564728

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

Organization ProfileN/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.

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

4th percentile

-138%

Higher net margin than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

18th percentile

-25%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-18%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$13,920

Down $4,578 (-25%) from 2018

Net Assets

Down

$13,920

Down $4,578 (-25%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin4th percentile

Revenue

Down

$3,321

Down $723 (-18%) from 2018

Expenses

Up

$7,899

Up $4,452 (+129%) from 2018

Net Income

Down

-$4,578

Down $5,175 (-867%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

2019

Assets$13,920
Liabilities$0
Net Assets$13,920
Open 2019 Filing

Operations Trend

Revenue Growth26th percentile

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

2019

Revenue$3,321
Expenses$7,899
Net Income-$4,578
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$13,968
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Events to connect newcomers, locals creative professionals in Blacksburg, VA-$10,647
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael SorianoPresident-$0--
Chelsea KoonceTreasurer-$0--
Lud EngDirector-$0--
Karie GeissDirector-$0--
Christopher BelluzzoDirector-$0--
Will Mason-DeeseDirector-$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
President
Signed
2020-11-15
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 201”

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

“Dues, Tax, Fees Licenses 984”

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

“Insurance 1,887”

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

“Merchant Fees 74”

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

“Meetings 334”

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

“Merchandise Inventory Beginning of year 411, End of year 411”

Raw XML Appendix170 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/BOYAmt018087
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013509
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03460
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4578
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0275
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018498
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013920
IRS990EZ/FundraisingGrossIncomeAmt010508
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04000
IRS990EZ/GrossReceiptsAmt013968
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018498
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013920
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018498
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013920
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/PersonNm0Michael Soriano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Chelsea Koonce
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lud Eng
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Karie Geiss
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Christopher Belluzzo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Will Mason-Deese
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/BOYAmt0411
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0411
IRS990EZ/OtherExpensesTotalAmt03480
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt0144
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Events to connect newcomers, locals creative professionals in Blacksburg, VA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010647
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt010647
IRS990EZ/SpecialEventsNetIncomeLossAmt0-139
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt07899
IRS990EZ/TotalProgramServiceExpensesAmt010647
IRS990EZ/TotalRevenueAmt03321
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03460
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07126
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08963
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt037049
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt013933
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt015718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt015117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt065989
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/PublicSupportTotal509Amt0103038
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013968
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt018013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt024133
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt022844
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt024080
IRS990ScheduleA/Total509Grp/TotalAmt0103038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt018013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt024133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt022844
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024080
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0103038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Dues, Tax, Fees Licenses 984
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 1,887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Merchant Fees 74
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Meetings 334
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Merchandise Inventory Beginning of year 411, 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
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 II, Line 24, Other Assets
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Soriano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-15
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0E44671155DA31751693BF5E17EB7EE128678E69C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E44671155DA31751693BF5E17EB7EE128678E69C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.152.189.121
ReturnHeader/FilingSecurityInformation/IPDt02020-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:33:10
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/PreparationDt02020-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alice T Ledford
ReturnHeader/ReturnTs02020-11-15T03:19:07-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,920
Liabilities
$0
Net assets
$13,920
Revenue
$3,321
Expenses
$7,899
Net income
-$4,578
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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