Civic Intelligence

Downtown Redevelopment Authority Inc.

990 • Fiscal year 2020 • EIN 61-1355965

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

Organization ProfileWWW.DOWNTOWNBG.ORG

View Organization Page

PO Box 32Bowling Green, KY 42102-0032

(270) 782-0222

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

2nd percentile

-39%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

889%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$485,982

Down $310,036 (-39%) from 2019

Net Assets

Up

$485,752

Up $153,947 (+46%) from 2019

Liabilities

Down

$230

Down $463,983 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin92nd percentile

Revenue

Up

$273,160

Up $245,541 (+889%) from 2019

Expenses

Up

$119,209

Up $92,305 (+343%) from 2019

Net Income

Up

$153,951

Up $153,236 (+21432%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$1.0M$500K$0Assets 2010: $434,891Liabilities 2010: $2,500Net Assets 2010: $432,3912010Assets 2011: $449,511Liabilities 2011: $2,718Net Assets 2011: $446,7932011Assets 2012: $406,707Liabilities 2012: $377Net Assets 2012: $406,3302012Assets 2013: $575,586Liabilities 2013: $250,000Net Assets 2013: $325,5862013Assets 2014: $827,093Liabilities 2014: $445,627Net Assets 2014: $381,4662014Assets 2015: $826,234Liabilities 2015: $482,282Net Assets 2015: $343,9522015Assets 2016: $786,537Liabilities 2016: $489,027Net Assets 2016: $297,5102016Assets 2017: $780,352Liabilities 2017: $470,626Net Assets 2017: $309,7262017Assets 2018: $816,956Liabilities 2018: $485,869Net Assets 2018: $331,0872018Assets 2019: $796,018Liabilities 2019: $464,213Net Assets 2019: $331,8052019Assets 2020: $485,982Liabilities 2020: $230Net Assets 2020: $485,7522020Assets 2021: $440,846Liabilities 2021: $229Net Assets 2021: $440,6172021Assets 2022: $342,377Liabilities 2022: $676Net Assets 2022: $341,7012022Assets 2023: $247,857Liabilities 2023: $960Net Assets 2023: $246,8972023Assets 2024: $191,167Liabilities 2024: $911Net Assets 2024: $190,2562024Assets 2025: $61,789Liabilities 2025: $27,500Net Assets 2025: $34,2892025

Highlighted filing

2020

Assets$485,982
Liabilities$230
Net Assets$485,752
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$400K$200K$0-$200KRevenue 2010: $163,125Expenses 2010: $174,889Net Income 2010: -$11,7642010Expenses 2011: $162,7142011Expenses 2012: $100,4832012Revenue 2013: $43,952Expenses 2013: $101,443Net Income 2013: -$57,4912013Revenue 2014: $181,451Expenses 2014: $125,571Net Income 2014: $55,8802014Revenue 2015: $3,413Expenses 2015: $40,928Net Income 2015: -$37,5152015Revenue 2016: -$3,689Expenses 2016: $42,752Net Income 2016: -$46,4412016Revenue 2017: $31,446Expenses 2017: $19,230Net Income 2017: $12,2162017Revenue 2018: $42,223Expenses 2018: $20,862Net Income 2018: $21,3612018Revenue 2019: $27,619Expenses 2019: $26,904Net Income 2019: $7152019Revenue 2020: $273,160Expenses 2020: $119,209Net Income 2020: $153,9512020Revenue 2021: $2,107Expenses 2021: $47,242Net Income 2021: -$45,1352021Revenue 2022: -$7,807Expenses 2022: $91,109Net Income 2022: -$98,9162022Revenue 2023: -$2,021Expenses 2023: $92,783Net Income 2023: -$94,8042023Revenue 2024: $41,329Expenses 2024: $97,970Net Income 2024: -$56,6412024Revenue 2025: -$16,649Expenses 2025: $139,318Net Income 2025: -$155,9672025

Highlighted filing

2020

Revenue$273,160
Expenses$119,209
Net Income$153,951
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 15, 2021
Return Version
2020v4.0
Gross Receipts
$1,070,583
Mission and Program Overview

Mission

Revitalization of bowling green's downtown business area.

Revitalization of bowling green's downtown business area

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$11,811$269,142▲ $257,331
Cash and Non-Interest-Bearing Accounts$59,220$179,442▲ $120,222
Prepaid Expenses and Deferred Charges-$37,377-
Intangible Assets$4,431--
Land, Buildings, and Equipment, Net$720,556$21▼ $720,535
Total Assets$796,018$485,982▼ $310,036
Liabilities
Mortgage Notes Payable Secured by Investment Property$463,744--
Accounts Payable and Accrued Expenses$469$230▼ $239
Total Liabilities$464,213$230▼ $463,983
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$331,805$485,752▲ $153,947
Total Net Assets Fund Balance$331,805$485,752▲ $153,947
Total Liabilities and Net Assets / Fund Balance$796,018$485,982▼ $310,036

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$21$24,079$24,100
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Ron MurphyExecutive DiFT$120,000$120,000

Board Members and Trustees

NameTitle
Gray CaudillDirector
Jim BullingtonDirector
Susan HouchnerSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$250
Program Service Revenue
$0
Investment Income
$290,492
Other Revenue
$-17,582
Change in Net Assets
$153,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,209
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
Fees for Services Management$92,000--$92,000
Advertising$3,350$3,350-$6,700
Office Expenses$553$2,219-$2,772
Insurance$1,244$1,244-$2,488
Fees for Services Accounting$625$625-$1,250
Other Expenses$470$470-$940
All Other Expenses$300$409-$709
Depreciation Depletion$75$163-$238
Total Functional Expenses$109,710$9,499$0$119,209
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,183
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
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Downtown Redevelopment Authority
EIN
61-1355965
Phone
2707820222
Address
PO BOX 32, BOWLING GREEN, KY 42102-0032

Signing Officer

Name
Ron Murphy
Title
Executive Director
Phone
2707820222
Signed
2021-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Murphy
Formed
1998
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Firm
Joe W Taylor Cpas
Address
PO BOX 1238, BOWLING GREEN, KY 42102-1238
Preparer
Tonya P Bolin CPA
Phone
2707810324
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference -4”

Raw XML Appendix337 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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IRS990ScheduleA/FactsAndCircumstancesTestTxt0DOWNTOWN REDEVELOPMENT AUTHORITY USES FUNDS PROVIDED FROM VARIOUS DONORS ACROSS THE COMMUNITY IN ORDER TO ORGANIZE VARIOUS COMMUNITY EVENTS FOR THE BENEFIT OF THE GENERAL PUBLIC. THE PURPOSES OF THE EVENTS ARE TO ATTACT COMMUNITY MEMBERS TO THE DOWNTOWN AREA IN ORDER TO PRESERVE AND REVITALIZE THE DISTRICT. DUE TO THE COVID-19 PANDEMIC, THE ORGANIZATION WAS UNABLE TO PLAN THE VARIOUS COMMUNITY EVENTS THAT HAD BEEN DONE IN THE PAST. THEREFORE, THE DONATIONS FOR SUCH EVENTS IS LOWER IN 2020.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 4,042
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DOWNTOWN REDEVELOPMENT AUTHORITY USES FUNDS PROVIDED FROM VARIOUS DONORS ACROSS THE COMMUNITY IN ORDER TO ORGANIZE VARIOUS COMMUNITY EVENTS FOR THE BENEFIT OF THE GENERAL PUBLIC. THE PURPOSES OF THE EVENTS ARE TO ATTACT COMMUNITY MEMBERS TO THE DOWNTOWN AREA IN ORDER TO PRESERVE AND REVITALIZE THE DISTRICT. DUE TO THE COVID-19 PANDEMIC, THE ORGANIZATION WAS UNABLE TO PLAN THE VARIOUS COMMUNITY EVENTS THAT HAD BEEN DONE IN THE PAST. THEREFORE, THE DONATIONS FOR SUCH EVENTS IS LOWER IN 2020.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2DOWNTOWN REDEVELOPMENT AUTHORITY USES FUNDS PROVIDED FROM VARIOUS DONORS ACROSS THE COMMUNITY IN ORDER TO ORGANIZE VARIOUS COMMUNITY EVENTS FOR THE BENEFIT OF THE GENERAL PUBLIC. THE PURPOSES OF THE EVENTS ARE TO ATTRACT COMMUNITY MEMBERS TO THE DOWNTOWN AREA IN ORDER TO PRESERVE AND REVITALIZE THE DISTRICT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE -4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0796018
IRS990/TotalAssetsEOYAmt0485982
IRS990/TotalAssetsGrp/BOYAmt0796018
IRS990/TotalAssetsGrp/EOYAmt0485982
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0250
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09499
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0109710
IRS990/TotalFunctionalExpensesGrp/TotalAmt0119209
IRS990/TotalGrossUBIAmt01934
IRS990/TotalLiabilitiesBOYAmt0464213
IRS990/TotalLiabilitiesEOYAmt0230
IRS990/TotalLiabilitiesGrp/BOYAmt0464213
IRS990/TotalLiabilitiesGrp/EOYAmt0230
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0331805
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0485752
IRS990/TotalProgramServiceExpensesAmt0109710
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/ExclusionAmt0-18183
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0289159
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0273160
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01934
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0796018
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0485982
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08227 TWIN BRIDGES RD
IRS990/USAddress/CityNm0ALVATON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042122
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.DOWNTOWNBG.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RON MURPHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02707820222
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN REDEVELOPMENT AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0611355965
ReturnHeader/Filer/PhoneNum02707820222
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 32
ReturnHeader/Filer/USAddress/CityNm0BOWLING GREEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0421020032
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461918888
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOE W TAYLOR CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1238
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOWLING GREEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0421021238
ReturnHeader/PreparerPersonGrp/PhoneNum02707810324
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONYA P BOLIN CPA
ReturnHeader/ReturnTs02021-04-03T09:33:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MURPHY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$485,982
Liabilities
$230
Net assets
$485,752
Revenue
$273,160
Expenses
$119,209
Net income
$153,951
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.62$0.28$0.34$0.17$1.39$1.56
2024Detailed filing. Detailed filing data is available for this year.$1.91$0.01$1.90$0.41$0.98$0.57
2023Detailed filing. Detailed filing data is available for this year.$2.48$0.01$2.47$0.02$0.93$0.95
2022Detailed filing. Detailed filing data is available for this year.$3.42$0.01$3.42$0.08$0.91$0.99
2021Detailed filing. Detailed filing data is available for this year.$4.41$0.00$4.41$0.02$0.47$0.45
2020Detailed filing. Detailed filing data is available for this year.$4.86$0.00$4.86$2.73$1.19$1.54
2019Detailed filing. Detailed filing data is available for this year.$7.96$4.64$3.32$0.28$0.27$0.01
2018Detailed filing. Detailed filing data is available for this year.$8.17$4.86$3.31$0.42$0.21$0.21
2017Detailed filing. Detailed filing data is available for this year.$7.80$4.71$3.10$0.31$0.19$0.12
2016Detailed filing. Detailed filing data is available for this year.$7.87$4.89$2.98$0.04$0.43$0.46
2015Detailed filing. Detailed filing data is available for this year.$8.26$4.82$3.44$0.03$0.41$0.38
2014Detailed filing. Detailed filing data is available for this year.$8.27$4.46$3.81$1.81$1.26$0.56
2013Detailed filing. Detailed filing data is available for this year.$5.76$2.50$3.26$0.44$1.01$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$0.00$4.06$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$0.03$4.47$1.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.35$0.03$4.32$1.63$1.75$0.12