Civic Intelligence

Downtown Lafayette Unlimited

990 • Fiscal year 2019 • EIN 58-1647516

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 01, 2020

735 Jefferson StreetLafayette, LA 70501

(337) 291-5566

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.08x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.07x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.5%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

47th percentile

1.3%

Faster asset growth than 47% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

62%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$428,923

Up $5,534 (+1.3%) from 2018

Net Assets

Down

$396,115

Down $23,982 (-5.7%) from 2018

Liabilities

Up

$32,808

Up $29,516 (+897%) from 2018

Revenue

Up

$438,893

Up $167,165 (+62%) from 2018

Expenses

Up

$462,875

Up $192,235 (+71%) from 2018

Net Income

Down

-$23,982

Down $25,070 (-2304%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $462,221Liabilities 2010: $1,690Net Assets 2010: $460,5312010Assets 2011: $428,998Liabilities 2011: $2,846Net Assets 2011: $426,1522011Assets 2012: $434,473Liabilities 2012: $4,134Net Assets 2012: $430,3392012Assets 2013: $499,509Liabilities 2013: $1,382Net Assets 2013: $498,1272013Assets 2014: $505,419Liabilities 2014: $1,424Net Assets 2014: $503,9952014Assets 2015: $500,255Liabilities 2015: $5,630Net Assets 2015: $494,6252015Assets 2016: $445,497Liabilities 2016: $5,234Net Assets 2016: $440,2632016Assets 2017: $422,333Liabilities 2017: $3,324Net Assets 2017: $419,0092017Assets 2018: $423,389Liabilities 2018: $3,292Net Assets 2018: $420,0972018Assets 2019: $428,923Liabilities 2019: $32,808Net Assets 2019: $396,1152019Assets 2020: $414,776Liabilities 2020: $38,424Net Assets 2020: $376,3522020Assets 2021: $644,173Liabilities 2021: $87,101Net Assets 2021: $557,0722021Assets 2022: $595,104Liabilities 2022: $13,419Net Assets 2022: $581,6852022Assets 2023: $509,655Liabilities 2023: $20,613Net Assets 2023: $489,0422023Assets 2024: $318,342Liabilities 2024: $7,562Net Assets 2024: $310,7802024

Highlighted filing

2019

Assets$428,923
Liabilities$32,808
Net Assets$396,115

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $297,5072010Expenses 2011: $312,7252011Expenses 2012: $304,1442012Revenue 2013: $376,474Expenses 2013: $314,636Net Income 2013: $61,8382013Revenue 2014: $256,355Expenses 2014: $251,496Net Income 2014: $4,8592014Revenue 2015: $360,208Expenses 2015: $384,385Net Income 2015: -$24,1772015Revenue 2016: $313,322Expenses 2016: $367,684Net Income 2016: -$54,3622016Revenue 2017: $261,561Expenses 2017: $282,815Net Income 2017: -$21,2542017Revenue 2018: $271,728Expenses 2018: $270,640Net Income 2018: $1,0882018Revenue 2019: $438,893Expenses 2019: $462,875Net Income 2019: -$23,9822019Revenue 2020: $251,489Expenses 2020: $271,252Net Income 2020: -$19,7632020Revenue 2021: $540,402Expenses 2021: $359,682Net Income 2021: $180,7202021Revenue 2022: $518,652Expenses 2022: $494,039Net Income 2022: $24,6132022Revenue 2023: $528,199Expenses 2023: $620,842Net Income 2023: -$92,6432023Revenue 2024: $583,108Expenses 2024: $761,370Net Income 2024: -$178,2622024

Highlighted filing

2019

Revenue$438,893
Expenses$462,875
Net Income-$23,982
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 1, 2020
Return Version
2019v5.0
Gross Receipts
$438,893
Mission and Program Overview

Mission

The organization's mission is to preserve, restore and expand downtown lafayette, louisiana as a business and cultural center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$346,060$220,894▼ $125,166
Land, Buildings, and Equipment, Net$6,526$84,609▲ $78,083
Savings and Temporary Cash Investments$63,123$83,841▲ $20,718
Accounts Receivable$4,151$32,000▲ $27,849
Prepaid Expenses and Deferred Charges$3,529$5,088▲ $1,559
Other Notes and Loans Receivable, Net-$2,491-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$423,389$428,923▲ $5,534
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,292$32,808▲ $29,516
Total Liabilities$3,292$32,808▲ $29,516
Net Assets / Fund Balance
Net Assets With Donor Restrictions$168,000$200,000▲ $32,000
Net Assets Without Donor Restrictions$252,097$196,115▼ $55,982
Total Net Assets Fund Balance$420,097$396,115▼ $23,982
Total Liabilities and Net Assets / Fund Balance$423,389$428,923▲ $5,534

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$82,539$17,933$100,472
Other Land Buildings$2,070$4,447$6,517
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason MattPresident
DAVID D'AQUINPresident Elect
Alex ProchaskaBoard Member
Amy JonesBoard Member
Blake DouetBoard Member
Blake LagneauxBoard Member
Brad RidgeBoard Member
Cb TalleyBoard Member
Chris MattBoard Member
Cindi AxtellBoard Member
Eric CrozierBoard Member
Jared GuilliotBoard Member
Jason MattBoard Member
Kyle GideonBoard Member
Lisette HendersonBoard Member
Luke SonnierBoard Member
Michael LeblancBoard Member
Mike MunzingBoard Member
Missy TheriotBoard Member
Philippe CallaisBoard Member
Rev Max ZehnerBoard Member
Julie ChauvinSecretary
Nic WaltsVP Fundraising
DAVID D'AQUINVP Membership
Matthew ThibodeauxVP Relations
Revenue and Support

Revenue Composition

Contributions and Grants
$254,846
Program Service Revenue
$179,924
Investment Income
$4,123
Other Revenue
$0
All Other Contributions
$226,770
Change in Net Assets
$-23,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,586
Salaries, Compensation, and Employee Benefits$114,289
Total Fundraising Expense$58,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$55,424$58,865$114,289
All Other Expenses$54,278$23,849-$78,127
Other Expenses$18,415$468-$18,883
Advertising$4,943$9,363-$14,306
Fees for Services Accounting-$14,235-$14,235
Office Expenses-$7,782-$7,782
Insurance$2,984$1,921-$4,905
Depreciation Depletion-$3,131-$3,131
Total Functional Expenses$286,737$117,273$58,865$462,875
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Downtown Lafayette Unlimited
EIN
58-1647516
Phone
3372915566
Address
735 Jefferson Street, Lafayette, LA 70501

Signing Officer

Name
Anita Begnaud
Title
CEO
Signed
2020-09-01
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
30
Independent Board Members
26
Employees
3
Volunteers
100

Preparer

Firm
Kolder Slaven & Company LLC
Address
183 S BEADLE RD, LAFAYETTE, LA 70508-4211
Preparer
C Burton Kolder CPA
Phone
3372324141
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BAD DEBT EXPENSE: Column (A) - Total = $1500; Column (B) - Program Services = $0; Column (C) - Management & General = $1500; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BANK CHARGES: Column (A) - Total = $769; Column (B) - Program Services = $247; Column (C) - Management & General = $522; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BEER PURCHASE: Column (A) - Total = $14703; Column (B) - Program Services = $14703; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

FOOD PURCHASES: Column (A) - Total = $125; Column (B) - Program Services = $0; Column (C) - Management & General = $125; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MERCHANDISE PURCHASES: Column (A) - Total = $1199; Column (B) - Program Services = $1199; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

OPERATING SUPPLIES: Column (A) - Total = $13911; Column (B) - Program Services = $7451; Column (C) - Management & General = $6460; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PHOTOGRAPHERS: Column (A) - Total = $2000; Column (B) - Program Services = $1800; Column (C) - Management & General = $200; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $2253; Column (B) - Program Services = $1903; Column (C) - Management & General = $350; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Printing and Publications: Column (A) - Total = $2407; Column (B) - Program Services = $0; Column (C) - Management & General = $2407; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

RENT: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

RENTAL - EQUIPMENT: Column (A) - Total = $11201; Column (B) - Program Services = $10039; Column (C) - Management & General = $1162; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

RENTAL - PROPERTY: Column (A) - Total = $2152; Column (B) - Program Services = $0; Column (C) - Management & General = $2152; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

REPAIRS & MAINTENANCE: Column (A) - Total = $13; Column (B) - Program Services = $0; Column (C) - Management & General = $13; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SECURITY: Column (A) - Total = $4613; Column (B) - Program Services = $4613; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SHOP SESSIONS: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SOFT DRINK PURCHASE: Column (A) - Total = $4007; Column (B) - Program Services = $4007; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SPONSOR RELATIONS: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

STREET PARTY: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TAXES, LICENSE, & PERMIT: Column (A) - Total = $6027; Column (B) - Program Services = $3244; Column (C) - Management & General = $2783; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TRAVEL AND MEETINGS: Column (A) - Total = $6178; Column (B) - Program Services = $9; Column (C) - Management & General = $6169; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

WINES & SPIRITS: Column (A) - Total = $5069; Column (B) - Program Services = $5063; Column (C) - Management & General = $6; Column (D) - Fundraising = $0

Accounting Method

The organization changed the method of accounting to accrual basis to be consistent with their financial statements issued.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
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IRS990/LocalChaptersInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OtherExpensesGrp/Desc0OTHER PROJECTS
IRS990/OtherExpensesGrp/Desc1BAND FEES
IRS990/OtherExpensesGrp/Desc2SOUND
IRS990/OtherExpensesGrp/Desc3MISC LABOR & OTHER COSTS
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IRS990/OtherExpensesGrp/TotalAmt318883
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055424
IRS990/OtherSalariesAndWagesGrp/TotalAmt0114289
IRS990/OtherWebsiteInd0X
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IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
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IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0CHRISTMAS PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1CRAWFISH BOIL
IRS990/ProgramServiceRevenueGrp/Desc2DOWNTOWN ALIVE
IRS990/ProgramServiceRevenueGrp/Desc3MOVIE NIGHT
IRS990/ProgramServiceRevenueGrp/Desc4SNOWBALL FEST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027037

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.08$3.11$5.83$7.61$1.78
2023Detailed filing. Detailed filing data is available for this year.$5.10$0.21$4.89$5.28$6.21$0.93
2022Detailed filing. Detailed filing data is available for this year.$5.95$0.13$5.82$5.19$4.94$0.25
2021Detailed filing. Detailed filing data is available for this year.$6.44$0.87$5.57$5.40$3.60$1.81
2020Detailed filing. Detailed filing data is available for this year.$4.15$0.38$3.76$2.51$2.71$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.29$0.33$3.96$4.39$4.63$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.23$0.03$4.20$2.72$2.71$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.22$0.03$4.19$2.62$2.83$0.21
2016Summary only. Only limited summary data is available for this year.$4.45$0.05$4.40$3.13$3.68$0.54
2015Summary only. Only limited summary data is available for this year.$5.00$0.06$4.95$3.60$3.84$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.05$0.01$5.04$2.56$2.51$0.05
2013Detailed filing. Detailed filing data is available for this year.$5.00$0.01$4.98$3.76$3.15$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$0.04$4.30$3.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.03$4.26$3.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$0.02$4.61$2.98