Civic Intelligence

Down Syndrome Network Inc.

990 • Fiscal year 2020 • EIN 61-1409048

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 20, 2022

1445 E Guadalupe RdTempe, AZ 85283

(480) 759-9150

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

32nd percentile

-6.2%

Higher net margin than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$59,064

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 22.1% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-7.6%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-38%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$220,912

Down $18,202 (-7.6%) from 2019

Net Assets

Down

$220,912

Down $16,251 (-6.9%) from 2019

Liabilities

Down

$0

Down $1,951 (-100%) from 2019

Revenue

Down

$266,993

Down $163,628 (-38%) from 2019

Expenses

Down

$283,495

Down $65,715 (-19%) from 2019

Net Income

Down

-$16,502

Down $97,913 (-120%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $130,027Liabilities 2011: $02011Assets 2013: $132,827Liabilities 2013: $2,1722013Assets 2014: $167,848Liabilities 2014: $4,9892014Assets 2015: $163,636Liabilities 2015: $762015Assets 2016: $194,533Liabilities 2016: $31,1342016Assets 2017: $188,354Liabilities 2017: $22,952Net Assets 2017: $165,4022017Assets 2018: $229,889Liabilities 2018: $73,387Net Assets 2018: $156,5022018Assets 2019: $239,114Liabilities 2019: $1,951Net Assets 2019: $237,1632019Assets 2020: $220,912Liabilities 2020: $0Net Assets 2020: $220,9122020Assets 2021: $289,822Liabilities 2021: $118,500Net Assets 2021: $171,3222021Assets 2022: $259,414Liabilities 2022: $124,012Net Assets 2022: $135,4022022Assets 2023: $268,489Liabilities 2023: $124,315Net Assets 2023: $144,1742023Assets 2024: $230,363Liabilities 2024: $121,703Net Assets 2024: $108,6602024

Highlighted filing

2020

Assets$220,912
Liabilities$0
Net Assets$220,912

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $109,839Expenses 2011: $77,865Net Income 2011: $31,9742011Revenue 2013: $62,063Expenses 2013: $85,683Net Income 2013: -$23,6202013Revenue 2014: $120,332Expenses 2014: $88,089Net Income 2014: $32,2432014Revenue 2015: $192,218Expenses 2015: $191,517Net Income 2015: $7012015Revenue 2016: $190,288Expenses 2016: $190,449Net Income 2016: -$1612016Revenue 2017: $234,173Expenses 2017: $226,858Net Income 2017: $7,3152017Revenue 2018: $266,854Expenses 2018: $274,204Net Income 2018: -$7,3502018Revenue 2019: $430,621Expenses 2019: $349,210Net Income 2019: $81,4112019Revenue 2020: $266,993Expenses 2020: $283,495Net Income 2020: -$16,5022020Revenue 2021: $309,762Expenses 2021: $349,352Net Income 2021: -$39,5902021Revenue 2022: $282,702Expenses 2022: $318,622Net Income 2022: -$35,9202022Revenue 2023: $263,264Expenses 2023: $254,492Net Income 2023: $8,7722023Revenue 2024: $234,079Expenses 2024: $269,590Net Income 2024: -$35,5112024

Highlighted filing

2020

Revenue$266,993
Expenses$283,495
Net Income-$16,502
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 20, 2022
Return Version
2020v4.1
Gross Receipts
$284,965
Mission and Program Overview

Mission

Our mission at DSNetwork is to educate, support, and advocate for those in our community touched by Down syndrome. DSNetwork achieves this goal through an open, supportive and collaborative network that connects individuals and families with needed resources and information.

Our mission at DSNetwork is to educate, support and advocate for those in our community touched by Down syndrome.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,237$220,912▲ $145,675
Savings and Temporary Cash Investments$162,177--
Prepaid Expenses and Deferred Charges$1,700--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$239,114$220,912▼ $18,202
Liabilities
Accounts Payable and Accrued Expenses$1,951--
Total Liabilities$1,951$0▼ $1,951
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$237,163$212,912▼ $24,251
Total Net Assets Fund Balance$237,163$220,912▼ $16,251
Total Liabilities and Net Assets / Fund Balance$239,114$220,912▼ $18,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Louise BowdenExecutive DirectorFT$59,064$59,064

Board Members and Trustees

NameTitle
Jill NicoChair
Cassie LaughreyVice Chair
Andrew SchmidtkeDirector
Andy KestiDirector
Gonzalo CastanedaDirector
Jessica AvenaDirector
John EscobarDirector
Andrea OBrienSecretary
Chandra WilliamsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$212,226
Program Service Revenue
$2,638
Investment Income
$42
Other Revenue
$52,087
All Other Contributions
$145,062
Change in Net Assets
$-16,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$160,166
Other Expenses$123,329
Total Fundraising Expense$29,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$116,642$10,206$18,954$145,802
Occupancy$23,708$2,074$3,853$29,635
Payroll Taxes$11,491$1,005$1,868$14,364
Travel$10,569--$10,569
Fees for Services Accounting$2,826$6,397$459$9,682
Insurance$3,885$340$631$4,856
Advertising$3,711$325$603$4,639
Office Expenses$1,579$138$257$1,974
Conferences and Meetings$1,434$126$233$1,793
Other Expenses$413$36$67$516
Total Functional Expenses$231,576$22,168$29,751$283,495
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,059
Fundraising Direct Expenses$17,972
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walk$101,523$51,400$2,422$48,978
Auction$10,200$10,200-$10,200
Total Events$120,182$70,059$17,972$52,087
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Section B Line 11B

The organization provides draft copies of the form 990 to all directors for their review and approval prior to filing.

Part VI Section B Line 19

The organization makes its form 990 and annually compiled financial statements available to download on their website. Governing documents and conflict of interest policy documents are available for public inspection upon request by contacting the organization.

Part VI Section B Line 12C

All directors review conflict of interest policies annually.

Part VI Section B Line 15

The organization seeks readily available market data to determine the appropriate compensation for key employees.

Filing and Contact Details

Filer

Filer Name
Down Syndrome Network Inc
EIN
61-1409048
Phone
4807599150
Address
1445 E Guadalupe Rd, Tempe, AZ 85283

Signing Officer

Name
Jill Nico
Title
Board Chair
Signed
2022-01-20

Organization Details

Formed
2002
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
9
Employees
12
Volunteers
100

Preparer

Firm
Stevenson CPA LLC
Address
24 W Camelback Road A568, Phoenix, AZ 85013
Preparer
Lisa Stevenson
Phone
6023199243
Supplemental Narrative

Additional Explanations

Part XII Line 1

The organization previously presented its financials and filed its 990 on accrual basis, but changed its accounting method to cash basis as it is easier to understand, less costly to apply and use in the organization's circumstances and in considering the needs of the users of the financial statements.

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