Civic Intelligence

Downtown Waynesville Association

EIN 56-1489920 • 501(c)4 • Waynesville, NC

Profile

Undertaking revitalization activities within the municipal service district and downtown area of waynesville, north carolina while preserving and sustaining the social, cultural, economic and historical role of downtown as the center of the community.

15 N Main StreetWaynesville, NC 28786

www.downtownwaynesville.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.86x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

1.53x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

7th percentile

-122%

Higher net margin than 7% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

20th percentile

-35%

Faster asset growth than 20% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

93rd percentile

95%

Faster revenue growth than 93% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$37,321

Down $51,492 (-58%) from 2022

Liabilities

$69,574

No earlier filing loaded for comparison.

Net Assets

Down

-$32,253

Down $121,066 (-136%) from 2022

Operations
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Up

$45,463

Up $33,497 (+280%) from 2022

Expenses

Up

$100,985

Up $90,403 (+854%) from 2022

Net Income

Down

-$55,522

Down $56,906 (-4112%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2010: $83,021Liabilities 2010: $2,389Net Assets 2010: $80,6322010Assets 2011: $68,575Liabilities 2011: $2,233Net Assets 2011: $66,3422011Assets 2012: $76,829Liabilities 2012: $2,300Net Assets 2012: $74,5292012Assets 2013: $97,892Liabilities 2013: $340Net Assets 2013: $97,5522013Assets 2014: $104,120Liabilities 2014: $0Net Assets 2014: $104,1202014Assets 2015: $107,125Liabilities 2015: $0Net Assets 2015: $107,1252015Assets 2016: $104,176Liabilities 2016: $0Net Assets 2016: $104,1762016Assets 2017: $125,075Liabilities 2017: $0Net Assets 2017: $125,0752017Assets 2018: $136,978Net Assets 2018: $136,9782018Assets 2019: $131,422Liabilities 2019: $2,577Net Assets 2019: $128,8452019Assets 2020: $111,818Liabilities 2020: $11,756Net Assets 2020: $100,0622020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $88,813Net Assets 2022: $88,8132022Assets 2024: $37,321Liabilities 2024: $69,574Net Assets 2024: -$32,2532024

Highlighted filing

2024

Assets$37,321
Liabilities$69,574
Net Assets-$32,253
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2010: $164,4182010Expenses 2011: $158,4142011Expenses 2012: $159,9702012Revenue 2013: $181,708Expenses 2013: $158,685Net Income 2013: $23,0232013Revenue 2014: $159,929Expenses 2014: $153,361Net Income 2014: $6,5682014Revenue 2015: $159,806Expenses 2015: $156,801Net Income 2015: $3,0052015Revenue 2016: $152,096Expenses 2016: $155,045Net Income 2016: -$2,9492016Revenue 2017: $174,932Expenses 2017: $154,033Net Income 2017: $20,8992017Revenue 2018: $152,044Expenses 2018: $140,141Net Income 2018: $11,9032018Revenue 2019: $155,624Expenses 2019: $163,757Net Income 2019: -$8,1332019Revenue 2020: $82,516Expenses 2020: $141,952Net Income 2020: -$59,4362020Revenue 2021: $139,345Expenses 2021: $118,024Net Income 2021: $21,3212021Revenue 2022: $11,966Expenses 2022: $10,582Net Income 2022: $1,3842022Revenue 2024: $45,463Expenses 2024: $100,985Net Income 2024: -$55,5222024

Highlighted filing

2024

Revenue$45,463
Expenses$100,985
Net Income-$55,522
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$37,321
Liabilities
$69,574
Net assets
-$32,253
Revenue
$45,463
Expenses
$100,985
Net income
-$55,522
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.37$0.70$0.32$0.45$1.01$0.56
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.89$0.12$0.11$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.39$1.18$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.12$1.00$0.83$1.42$0.59
2019Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.29$1.56$1.64$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.37$1.37$1.52$1.40$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.75$1.54$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$1.52$1.55$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$1.60$1.57$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$1.60$1.53$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$1.82$1.59$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.02$0.75$1.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.02$0.66$1.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.02$0.81$1.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.2
Gross Receipts
$45,463
Mission and Program Overview

Mission

Undertaking revitalization activities within the municipal service district and downtown area of waynesville, north carolina while preserving and sustaining the social, cultural, economic and historical role of downtown as the center of the community.

Orginazation of downtown events

Program Services

DescriptionGrantsExpenses
CHURCH STREET FESTIVAL HAS BEEN GOING ON FOR 13 YEARS EACH YEAR ITGROWS.$0$0
MOUNTAIN STREET DANCES4 FRIDAY NIGHTS IN THE SUMMER, LOCAL ARTISTS PLAY MUSIC WHILE THE ROAD IS SHUT DOWNALL ARE WELCOME TO JOIN TO DANCE ON THE STREET. THIS EVENT HAS GROWN OVER THE PAST SEVERAL YEARS$0$0
THE NIGHT BEFORE CHRISTMAS STREETS ARE CLOSED ALL THE BUSINESSES STAY OPEN LATESANTA CLAUSE, WAGON RIDES, AND EVENTS FOR THE WHOLE FAMILY$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA PENNINGTONChairPT$0--
JOYCE MASSEYSecretaryPT$0--
JOHN FEICHTERMemberPT$0--
ALEX MCCAYMarketingPT$0--
KIRK KIRPATRICKMemeber-$0--
JEANETTE PRICETreasurer-$0--
TIFFANY LOGANVice Chair-$0--
Filing and Contact Details

Filer

Filer Name
Downtown Waynesville Association
EIN
56-1489920
Phone
8284529284
Address
15 N MAIN STREET, WAYNESVILLE, NC 28786

Signing Officer

Name
Teresa Pennington
Title
Chair
Phone
8284529284
Signed
2025-09-30

Preparer

Firm
Elevated Accounting
Address
25 Hillcrest Drive, Clyde, NC 28721
Preparer
Pamela Leal
Phone
8282831232
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“SIGN PROJECT 94819.”

Raw XML Appendix152 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/BusinessName/BusinessNameLine1Txt0PAMELA LEAL
IRS990EZ/BooksInCareOfDetail/PhoneNum08282831232
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt025 HILLCREST DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLYDE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028721
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt093234
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037305
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-55522
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt096546
IRS990EZ/Form990TotalAssetsGrp/EOYAmt037321
IRS990EZ/FundraisingGrossIncomeAmt045463
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt045463
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0513
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023269
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-32253
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023269
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-32253
IRS990EZ/OccupancyRentUtltsAndMaintAmt0330
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TERESA PENNINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOYCE MASSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN FEICHTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALEX MCCAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KIRK KIRPATRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEANETTE PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TIFFANY LOGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MARKETING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMEBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE CHAIR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02799
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016
IRS990EZ/OtherExpensesTotalAmt094819
IRS990EZ/PrimaryExemptPurposeTxt0ORGINAZATION OF DOWNTOWN EVENTS
IRS990EZ/PrintingPublicationsPostageAmt05836
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHURCH STREET FESTIVAL HAS BEEN GOING ON FOR 13 YEARS EACH YEAR ITGROWS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MOUNTAIN STREET DANCES4 FRIDAY NIGHTS IN THE SUMMER, LOCAL ARTISTS PLAY MUSIC WHILE THE ROAD IS SHUT DOWNALL ARE WELCOME TO JOIN TO DANCE ON THE STREET. THIS EVENT HAS GROWN OVER THE PAST SEVERAL YEARS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2THE NIGHT BEFORE CHRISTMAS STREETS ARE CLOSED ALL THE BUSINESSES STAY OPEN LATESANTA CLAUSE, WAGON RIDES, AND EVENTS FOR THE WHOLE FAMILY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt045463
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt073277
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt069574
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0100985
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt045463
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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/ExplanationTxt0SIGN PROJECT 94819.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA PENNINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08284529284
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN WAYNESVILLE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0561489920
ReturnHeader/Filer/PhoneNum08284529284
ReturnHeader/Filer/USAddress/AddressLine1Txt015 N MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0WAYNESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028786
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0851158462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Elevated Accounting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025 Hillcrest Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clyde
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028721
ReturnHeader/PreparerPersonGrp/PhoneNum08282831232
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Pamela Leal
ReturnHeader/ReturnTs02025-09-30T10:49:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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