Civic Intelligence

Downtown Springdale Alliance

990 • Fiscal year 2016 • EIN 58-2117723

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

110 West Emma AveSpringdale, AR 72764

(479) 236-4256

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

30th percentile

-2.8%

Faster asset growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

381%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,037,313

Down $30,261 (-2.8%) from 2015

Net Assets

Down

$1,037,313

Down $30,261 (-2.8%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$249,945

Up $198,016 (+381%) from 2015

Expenses

Down

$280,206

Down $190,895 (-41%) from 2015

Net Income

Up

-$30,261

Up $388,911 (+93%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $1,535,597Liabilities 2014: $48,809Net Assets 2014: $1,486,7882014Assets 2015: $1,067,574Liabilities 2015: $0Net Assets 2015: $1,067,5742015Assets 2016: $1,037,313Liabilities 2016: $0Net Assets 2016: $1,037,3132016Assets 2017: $1,823,979Liabilities 2017: $21,000Net Assets 2017: $1,802,9792017Assets 2018: $1,678,619Liabilities 2018: $0Net Assets 2018: $1,678,6192018Assets 2019: $1,561,019Liabilities 2019: $0Net Assets 2019: $1,561,0192019Assets 2020: $1,066,427Liabilities 2020: $0Net Assets 2020: $1,066,4272020Assets 2021: $1,033,007Liabilities 2021: $986Net Assets 2021: $1,032,0212021Assets 2022: $1,042,059Liabilities 2022: $3,139Net Assets 2022: $1,038,9202022Assets 2023: $1,071,970Liabilities 2023: $14,930Net Assets 2023: $1,057,0402023Assets 2024: $1,119,518Liabilities 2024: $275,788Net Assets 2024: $843,7302024

Highlighted filing

2016

Assets$1,037,313
Liabilities$0
Net Assets$1,037,313

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2014: $1,765,538Expenses 2014: $354,602Net Income 2014: $1,410,9362014Revenue 2015: $51,929Expenses 2015: $471,101Net Income 2015: -$419,1722015Revenue 2016: $249,945Expenses 2016: $280,206Net Income 2016: -$30,2612016Revenue 2017: $1,203,873Expenses 2017: $438,207Net Income 2017: $765,6662017Revenue 2018: $222,262Expenses 2018: $346,622Net Income 2018: -$124,3602018Revenue 2019: $267,185Expenses 2019: $384,785Net Income 2019: -$117,6002019Revenue 2020: $448,337Expenses 2020: $942,929Net Income 2020: -$494,5922020Revenue 2021: $653,359Expenses 2021: $687,765Net Income 2021: -$34,4062021Revenue 2022: $679,666Expenses 2022: $672,767Net Income 2022: $6,8992022Revenue 2023: $739,049Expenses 2023: $720,929Net Income 2023: $18,1202023Revenue 2024: $630,485Expenses 2024: $843,795Net Income 2024: -$213,3102024

Highlighted filing

2016

Revenue$249,945
Expenses$280,206
Net Income-$30,261
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$249,945
Mission and Program Overview

Mission

To improve the image of downtown Springdale and to communicate its exciting potential bringing people downtown through contractual arrangements with the City of Springdale.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$682,752$684,256▲ $1,504
Cash and Non-Interest-Bearing Accounts$375,822$305,499▼ $70,323
Pledges and Grants Receivable$9,000$47,558▲ $38,558
Total Assets$1,067,574$1,037,313▼ $30,261
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,047,574$1,037,313▼ $10,261
Temporarily Rstr Net Assets$20,000--
Total Net Assets Fund Balance$1,067,574$1,037,313▼ $30,261
Total Liabilities and Net Assets / Fund Balance$1,067,574$1,037,313▼ $30,261
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chilson HeatherPresident
George CarlVice President
Anderson BrendaDirector
Culver RickDirector
Espinoza GeordanyDirector
Gilbert MikeDirector
Hirsch KentDirector
Johnson MitchellDirector
Morgenthaler MikeDirector
Phillips BetsyDirector
Rouse BrendaDirector
Williams KentDirector
Wray LindaDirector
Kelly Hale SyerExecutive Director
Christie Patsyex-officio
Clifford Edex-officio
Gibson Derekex-officio
Ray Lisaex-officio
Sprouse Dougex-officio
Webb Perryex-officio
Drummonds JoySecretary
Parsons LukeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$200,863
Program Service Revenue
$47,558
Investment Income
$1,524
Other Revenue
$0
All Other Contributions
$200,863
Change in Net Assets
$-30,261
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171,766
Salaries, Compensation, and Employee Benefits$108,440
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$124,624--$124,624
Other Salaries and Wages-$92,855-$92,855
Office Expenses-$11,293-$11,293
Payroll Taxes-$8,431-$8,431
Other Employee Benefits-$7,154-$7,154
Fees for Services Accounting-$3,604-$3,604
Insurance-$2,348-$2,348
Fees for Services Legal-$940-$940
Conferences and Meetings-$928-$928
Other Expenses-$316-$316
Total Functional Expenses$124,624$155,582$0$280,206
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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, Section B, Line 11B

A copy of the Form 990 is prosented to the board prior to discussion and acceptance by the board.

Filing and Contact Details

Filer

Filer Name
Downtown Springdale Alliance
EIN
58-2117723
Phone
4792364256
Address
110 West Emma Ave, Springdale, AR 72764

Signing Officer

Name
Kelly Hale Syer
Title
Executive Director
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
E Kent Hirsch
Formed
1999
Legal Domicile
Ar
Voting Board Members
16
Independent Board Members
16
Employees
2

Preparer

Firm
SF Fiser and Company
Address
112 East Emma Ave, Springdale, AR 72764
Preparer
Richard D Whittle CPA
Phone
4797514851
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011293
IRS990/OfficeExpensesGrp/TotalAmt011293
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07154
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07154
IRS990/OtherExpensesGrp/Desc0Fees
IRS990/OtherExpensesGrp/Desc1Meals Entertainment
IRS990/OtherExpensesGrp/Desc2Consulting
IRS990/OtherExpensesGrp/Desc3Contract Labor
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0577
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11267
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225869
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3316
IRS990/OtherExpensesGrp/TotalAmt0577
IRS990/OtherExpensesGrp/TotalAmt11267
IRS990/OtherExpensesGrp/TotalAmt225869
IRS990/OtherExpensesGrp/TotalAmt3316
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt092855
IRS990/OtherSalariesAndWagesGrp/TotalAmt092855
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08431
IRS990/PayrollTaxesGrp/TotalAmt08431
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt047558
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0E Kent Hirsch
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541800
IRS990/ProgramServiceRevenueGrp/Desc0Contract Revenue City of Springdale
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt047558
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt047558
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt051000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0929
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0463282
IRS990/PYRevenuesLessExpensesAmt0-419172
IRS990/PYSalariesCompEmpBnftPaidAmt07819
IRS990/PYTotalExpensesAmt0471101
IRS990/PYTotalRevenueAmt051929
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-30261
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0682752
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0684256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0248421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01765538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02064959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01523
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0929
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02452
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.98210
IRS990ScheduleA/PublicSupportTotal170Amt02064959
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0248421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01765538
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02064959
IRS990ScheduleA/TotalSupportAmt02067411
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
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Form 990 is prosented to the board prior to discussion and acceptance by the board.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt020000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01067574
IRS990/TotalAssetsEOYAmt01037313
IRS990/TotalAssetsGrp/BOYAmt01067574
IRS990/TotalAssetsGrp/EOYAmt01037313
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0200863
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0155582
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0124624
IRS990/TotalFunctionalExpensesGrp/TotalAmt0280206
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01067574

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