Civic Intelligence

Downtown Event Inc

990EZ • Fiscal year 2020 • EIN 51-0564728

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

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

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

35th percentile

-3.5%

Faster asset growth than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$13,430

Down $490 (-3.5%) from 2019

Net Assets

Down

$13,430

Down $490 (-3.5%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $3,321 (-100%) from 2019

Expenses

Down

$490

Down $7,409 (-94%) from 2019

Net Income

Up

-$490

Up $4,088 (+89%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth35th 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

2020

Assets$13,430
Liabilities$0
Net Assets$13,430
Open 2020 Filing

Operations Trend

Revenue Growth2nd 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

2020

Revenue$0
Expenses$490
Net Income-$490
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
Events to connect newcomers, locals creative professionals in Blacksburg, VA--
Compensation and Service Providers
Top Officer Pay76th 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
2021-11-15
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

“Dues, Tax, Fees Licenses 7”

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

“Meetings 64”

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

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

Raw XML Appendix150 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/BOYAmt013509
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013019
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-490
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0275
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013920
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013430
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013920
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013430
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013920
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013430
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/OtherExpensesTotalAmt071
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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0490
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03460
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07126
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt028086
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010713
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt013933
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt015718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt050872
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/PublicSupportTotal509Amt078958
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013968
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt018013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt024133
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt022844
IRS990ScheduleA/Total509Grp/TotalAmt078958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt013968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt018013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt024133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt022844
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt078958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Dues, Tax, Fees Licenses 7
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meetings 64
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Merchandise 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 II, Line 24, Other Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Soriano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
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/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/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alice T Ledford
ReturnHeader/ReturnTs02021-11-15T01:03:06-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Soriano
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,430
Liabilities
$0
Net assets
$13,430
Revenue
$0
Expenses
$490
Net income
-$490
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