Civic Intelligence

Downtown Alliance

990 • Fiscal year 2014 • EIN 56-2195020

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 15, 2014

222 Hay StreetFayetteville, NC 28301

(910) 222-3382

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

47th percentile

0.00x

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

9th percentile

-26%

Higher net margin than 9% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

22nd percentile

-12%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$33,835

Down $4,640 (-12%) from 2013

Net Assets

Down

$33,835

Down $4,640 (-12%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$17,518

No earlier filing loaded for comparison.

Expenses

Up

$22,158

Up $1,705 (+8.3%) from 2013

Net Income

-$4,640

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2012: $31,296Liabilities 2012: $0Net Assets 2012: $31,2962012Assets 2013: $38,475Liabilities 2013: $0Net Assets 2013: $38,4752013Assets 2014: $33,835Liabilities 2014: $0Net Assets 2014: $33,8352014Assets 2015: $41,182Liabilities 2015: $0Net Assets 2015: $41,1822015Assets 2016: $38,496Liabilities 2016: $6,949Net Assets 2016: $31,5472016Assets 2019: $2,598Liabilities 2019: $0Net Assets 2019: $2,5982019Assets 2020: $8,201Liabilities 2020: $0Net Assets 2020: $8,2012020Assets 2021: $7,834Liabilities 2021: $0Net Assets 2021: $7,8342021Assets 2022: $6,225Liabilities 2022: $0Net Assets 2022: $6,2252022Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2014

Assets$33,835
Liabilities$0
Net Assets$33,835

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2012: $27,5812012Expenses 2013: $20,4532013Revenue 2014: $17,518Expenses 2014: $22,158Net Income 2014: -$4,6402014Revenue 2015: $25,891Expenses 2015: $18,544Net Income 2015: $7,3472015Revenue 2016: $215,191Expenses 2016: $224,826Net Income 2016: -$9,6352016Revenue 2019: $1,491Expenses 2019: $2,838Net Income 2019: -$1,3472019Revenue 2020: $11,697Expenses 2020: $6,094Net Income 2020: $5,6032020Revenue 2021: $11,010Expenses 2021: $11,377Net Income 2021: -$3672021Revenue 2022: $10,335Expenses 2022: $11,944Net Income 2022: -$1,6092022

Highlighted filing

2014

Revenue$17,518
Expenses$22,158
Net Income-$4,640
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 15, 2014
Return Version
2013v3.1
Gross Receipts
$66,395
Mission and Program Overview

Mission

Enrich, enliven, enhance downtown fayetteville nc

Enrich,enliven,enhance downtownfayetteville nc

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,475$33,835▼ $4,640
Total Assets$38,475$33,835▼ $4,640
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$38,475$33,835▼ $4,640
Total Net Assets Fund Balance$38,475$33,835▼ $4,640
Total Liabilities and Net Assets / Fund Balance$38,475$33,835▼ $4,640
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hank ParfittInterim Presidentvp
Ingrid StellySecretary
Tony ChavonneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,154
Program Service Revenue
$0
Investment Income
$91
Other Revenue
$-41,727
Change in Net Assets
$-4,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,158
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$11,527--$11,527
Occupancy$7,920--$7,920
Other Expenses$775--$775
Fees for Services Accounting$500--$500
Total Functional Expenses$22,158$0$0$22,158
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$48,877
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A draft copy of Form 990 can be reviewed by the governing body before filing.

Governing documents etc available to public Part VI line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

EIN
56-2195020

Signing Officer

Name
Hank Parfitt
Title
Interim Preside
Phone
9102223382
Signed
2014-10-15
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Preparer
Donald L Overstreet Jr EA
Phone
9105519588
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

See Overflow List of Other Expenses

Raw XML Appendix257 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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IRS990/BooksInCareOfDetail/PersonNm0TONY CHAVONNE
IRS990/BooksInCareOfDetail/PhoneNum09102223382
IRS990/BooksInCareOfDetail/USAddress/AddressLine10222 HAY STREET
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IRS990/Desc0The Downtown Alliance of Fayetteville is a not-for-profit membership organization representing the common interests of downtown merchants, professionals, property owners and residents that work to encourage downtown business, residential and retail growth and promote downtown to the public.The Downtown Alliance has set aside specific goals such as improving the image of downtown as a safe, vibrant and vital center for business shopping and entertainment, improving access to downtown retail shops and businesses and promoting downtown as a venue for arts and entertainment.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft copy of Form 990 can be reviewed by the governing body before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2See Overflow List of Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other expenses Part IX line 24e
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101309 Summitt Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Fayetteville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum09105519588
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald L Overstreet Jr EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-10-10T12:16:54-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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No mirrored PDF or thumbnail assets are attached yet.

Filings