Civic Intelligence

Jackson Downtown Development Corporation

990EZ • Fiscal year 2021 • EIN 62-1383207

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

Organization ProfileWWW.DOWNTOWNJACKSON.COM
314 E Main St Ste 303Jackson, TN 38301-6226

(731) 935-9589

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-51%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

11th percentile

-38%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

20th percentile

-41%

Faster revenue growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$44,948

Down $27,669 (-38%) from 2020

Net Assets

Down

$44,690

Down $24,777 (-36%) from 2020

Liabilities

Down

$258

Down $2,892 (-92%) from 2020

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin11th percentile

Revenue

Down

$51,892

Down $35,610 (-41%) from 2020

Expenses

Down

$78,567

Down $31,312 (-28%) from 2020

Net Income

Down

-$26,675

Down $4,298 (-19%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$200K$150K$100K$50K$0Assets 2010: $86,439Liabilities 2010: $3,857Net Assets 2010: $82,5822010Assets 2011: $76,203Liabilities 2011: $487Net Assets 2011: $75,7162011Assets 2012: $66,686Liabilities 2012: $2,881Net Assets 2012: $63,8052012Assets 2013: $55,560Liabilities 2013: $6,685Net Assets 2013: $48,8752013Assets 2014: $80,467Liabilities 2014: $4,700Net Assets 2014: $75,7672014Assets 2015: $77,647Liabilities 2015: $4,339Net Assets 2015: $73,3082015Assets 2016: $62,070Liabilities 2016: $1,206Net Assets 2016: $60,8642016Assets 2017: $95,304Liabilities 2017: $1,488Net Assets 2017: $93,8162017Assets 2018: $101,851Liabilities 2018: $870Net Assets 2018: $100,9812018Assets 2019: $95,833Liabilities 2019: $3,988Net Assets 2019: $91,8452019Assets 2020: $72,617Liabilities 2020: $3,150Net Assets 2020: $69,4672020Assets 2021: $44,948Liabilities 2021: $258Net Assets 2021: $44,6902021Assets 2022: $38,746Liabilities 2022: $395Net Assets 2022: $38,3512022Assets 2023: $54,721Net Assets 2023: $52,7572023Assets 2024: $113,445Net Assets 2024: $113,4452024Assets 2025: $172,558Net Assets 2025: $172,5582025

Highlighted filing

2021

Assets$44,948
Liabilities$258
Net Assets$44,690
Open 2021 Filing

Operations Trend

Revenue Growth20th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $193,061Expenses 2010: $198,722Net Income 2010: -$5,6612010Expenses 2011: $209,5892011Revenue 2012: $218,411Expenses 2012: $230,322Net Income 2012: -$11,9112012Revenue 2013: $228,533Expenses 2013: $243,463Net Income 2013: -$14,9302013Revenue 2014: $196,422Expenses 2014: $193,963Net Income 2014: $2,4592014Revenue 2015: $228,283Expenses 2015: $218,780Net Income 2015: $9,5032015Revenue 2016: $150,982Expenses 2016: $169,051Net Income 2016: -$18,0692016Revenue 2017: $151,669Expenses 2017: $113,617Net Income 2017: $38,0522017Revenue 2018: $131,799Expenses 2018: $124,634Net Income 2018: $7,1652018Revenue 2019: $126,960Expenses 2019: $136,096Net Income 2019: -$9,1362019Revenue 2020: $87,502Expenses 2020: $109,879Net Income 2020: -$22,3772020Revenue 2021: $51,892Expenses 2021: $78,567Net Income 2021: -$26,6752021Revenue 2022: $7,459Expenses 2022: $13,798Net Income 2022: -$6,3392022Revenue 2023: $79,329Expenses 2023: $64,924Net Income 2023: $14,4052023Revenue 2024: $170,784Expenses 2024: $110,591Net Income 2024: $60,1932024Revenue 2025: $186,512Expenses 2025: $127,399Net Income 2025: $59,1132025

Highlighted filing

2021

Revenue$51,892
Expenses$78,567
Net Income-$26,675
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.0
Gross Receipts
$51,892
Mission and Program Overview

Mission

Downtown economic and community development

Program Services

DescriptionGrantsExpenses
ECONOMIC DEVELOPMENT AND COMMUNITY ENRICHMENT-$76,009
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEE WILSONPresident-$0--
DEBBIE DUNAWAYSecretary-$0--
RUSSELL COOKTreasurer-$0--
ROBERT GRIFFITHInterim ExecPT$0--
Filing and Contact Details

Filer

Filer Name
Jackson Downtown Development
EIN
62-1383207
Phone
7319359589
Address
314 E MAIN ST STE 303, JACKSON, TN 38301-6226

Signing Officer

Name
Debbie Dunaway
Title
Secretary
Phone
7313137723
Signed
2022-11-07

Preparer

Firm
Cowart Reese Sargent Cpas
Address
64 LYNOAK COVE, JACKSON, TN 38305-2800
Preparer
Beth Paschall CPA
Phone
7316681806
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 3,575 office supplies 3,427 insurance 3,834 taxes 62 program expense 1,288 dues 375 non-investment depreciation 2,291 total 14,852”

Form 990-ez, Part I, Line 20

“Write off of prior year stale checks 1,900”

Form 990-ez, Part II, Line 24

“Accounts receivable 17,250 1,480 prepaid expenses and deferred charges 1,093 1,602 51,490 51,490 less accumulated depreciation 42,037 43,724 total 27,796 10,848”

Form 990-ez, Part II, Line 26

“Accrued payroll taxes 3,150 258”

Raw XML Appendix146 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DEBBIE DUNAWAY
IRS990EZ/BooksInCareOfDetail/PhoneNum07316955448
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0314 E MAIN ST SUITE 303
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0383016226
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027317
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011824
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt035729
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-26675
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03026
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt072615
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044948
IRS990EZ/GrossReceiptsAmt051892
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/LandAndBuildingsGrp/BOYAmt017502
IRS990EZ/LandAndBuildingsGrp/EOYAmt022276
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt069465
IRS990EZ/NetAssetsOrFundBalancesEOYAmt044690
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt069465
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt044690
IRS990EZ/OccupancyRentUtltsAndMaintAmt014376
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt330.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEE WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DEBBIE DUNAWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RUSSELL COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT GRIFFITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3INTERIM EXEC
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt027796
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010848
IRS990EZ/OtherChangesInNetAssetsAmt01900
IRS990EZ/OtherExpensesTotalAmt014852
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DOWNTOWN ECONOMIC AND COMMUNITY DEVELOPMENT
IRS990EZ/PrintingPublicationsPostageAmt058
IRS990EZ/ProgramServiceRevenueAmt016160
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ECONOMIC DEVELOPMENT AND COMMUNITY ENRICHMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt076009
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt046255
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03150
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0258
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt078567
IRS990EZ/TotalProgramServiceExpensesAmt076009
IRS990EZ/TotalRevenueAmt051892
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.DOWNTOWNJACKSON.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt073124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0109174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0123911
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0467452
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0111
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt098610
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt0467452
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt073124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0109174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0123911
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0467452
IRS990ScheduleA/TotalSupportAmt0467563
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 3,575 OFFICE SUPPLIES 3,427 INSURANCE 3,834 TAXES 62 PROGRAM EXPENSE 1,288 DUES 375 NON-INVESTMENT DEPRECIATION 2,291 TOTAL 14,852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WRITE OFF OF PRIOR YEAR STALE CHECKS 1,900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 17,250 1,480 PREPAID EXPENSES AND DEFERRED CHARGES 1,093 1,602 51,490 51,490 LESS ACCUMULATED DEPRECIATION 42,037 43,724 TOTAL 27,796 10,848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCRUED PAYROLL TAXES 3,150 258
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBBIE DUNAWAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07313137723
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSON DOWNTOWN DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0621383207
ReturnHeader/Filer/PhoneNum07319359589
ReturnHeader/Filer/USAddress/AddressLine1Txt0314 E MAIN ST STE 303
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0383016226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273218230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COWART REESE SARGENT CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt064 LYNOAK COVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0383052800
ReturnHeader/PreparerPersonGrp/PhoneNum07316681806
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETH PASCHALL CPA
ReturnHeader/ReturnTs02022-11-14T17:07:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEBBIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUNAWAY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,948
Liabilities
$258
Net assets
$44,690
Revenue
$51,892
Expenses
$78,567
Net income
-$26,675
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.73$1.73$1.87$1.27$0.59
2024Detailed filing. Detailed filing data is available for this year.$1.13$1.13$1.71$1.11$0.60
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.53$0.79$0.65$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.38$0.07$0.14$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.52$0.79$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.03$0.69$0.88$1.10$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$1.27$1.36$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.01$1.32$1.25$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$1.52$1.14$0.38
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$1.51$1.69$0.18
2015Summary only. Only limited summary data is available for this year.$0.78$0.04$0.73$2.28$2.19$0.10
2014Summary only. Only limited summary data is available for this year.$0.80$0.05$0.76$1.96$1.94$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.07$0.49$2.29$2.43$0.15
2012Summary only. Only limited summary data is available for this year.$0.67$0.03$0.64$2.18$2.30$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$2.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.04$0.83$1.93$1.99$0.06