Civic Intelligence

Downtown Florence Alliance

990EZ • Fiscal year 2015 • EIN 63-1075621

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 24, 2016

301 N Pine StreetFlorence, AL 35630

(256) 760-9648

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$34,250

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 30.3% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

16th percentile

-28%

Faster asset growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

47th percentile

-0.6%

Faster revenue growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$50,192

Down $19,103 (-28%) from 2014

Net Assets

Down

$48,529

Down $19,076 (-28%) from 2014

Liabilities

Down

$1,663

Down $27 (-1.6%) from 2014

Revenue

Down

$113,171

Down $707 (-0.6%) from 2014

Expenses

Up

$132,247

Up $17,731 (+15%) from 2014

Net Income

Down

-$19,076

Down $18,438 (-2890%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $75,310Liabilities 2011: $9452011Assets 2012: $68,539Liabilities 2012: $566Net Assets 2012: $67,9732012Assets 2013: $69,289Liabilities 2013: $1,046Net Assets 2013: $68,2432013Assets 2014: $69,295Liabilities 2014: $1,690Net Assets 2014: $67,6052014Assets 2015: $50,192Liabilities 2015: $1,663Net Assets 2015: $48,5292015Assets 2016: $33,440Liabilities 2016: $3,165Net Assets 2016: $30,2752016Assets 2018: $12,119Liabilities 2018: $0Net Assets 2018: $12,1192018Assets 2019: $45,667Liabilities 2019: $0Net Assets 2019: $45,6672019Assets 2020: $95,457Liabilities 2020: $0Net Assets 2020: $95,4572020Assets 2021: $134,978Liabilities 2021: $0Net Assets 2021: $134,9782021Assets 2022: $141,146Liabilities 2022: $0Net Assets 2022: $141,1462022Assets 2023: $141,143Liabilities 2023: $0Net Assets 2023: $141,1432023Assets 2024: $146,651Liabilities 2024: $3,624Net Assets 2024: $143,0272024

Highlighted filing

2015

Assets$50,192
Liabilities$1,663
Net Assets$48,529

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $70,341Expenses 2011: $58,626Net Income 2011: $11,7152011Revenue 2012: $57,484Expenses 2012: $63,876Net Income 2012: -$6,3922012Revenue 2013: $86,117Expenses 2013: $85,847Net Income 2013: $2702013Revenue 2014: $113,878Expenses 2014: $114,516Net Income 2014: -$6382014Revenue 2015: $113,171Expenses 2015: $132,247Net Income 2015: -$19,0762015Revenue 2016: $99,284Expenses 2016: $117,403Net Income 2016: -$18,1192016Revenue 2018: $79,613Expenses 2018: $74,526Net Income 2018: $5,0872018Revenue 2019: $92,587Expenses 2019: $86,880Net Income 2019: $5,7072019Revenue 2020: $131,905Expenses 2020: $82,115Net Income 2020: $49,7902020Revenue 2021: $164,058Expenses 2021: $124,537Net Income 2021: $39,5212021Revenue 2022: $95,465Expenses 2022: $89,297Net Income 2022: $6,1682022Revenue 2023: $127,654Expenses 2023: $127,657Net Income 2023: -$32023Revenue 2024: $136,329Expenses 2024: $134,446Net Income 2024: $1,8832024

Highlighted filing

2015

Revenue$113,171
Expenses$132,247
Net Income-$19,076
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 24, 2016
Return Version
2014v6.0
Gross Receipts
$115,861
Mission and Program Overview

Mission

To promote a successful downtown area

Promote a successful downtown area.

Program Services

DescriptionGrantsExpenses
SERVES HISTORIC DOWNTOWN FLORENCE, AL WHICH DEVELOPS AND IMPLEMENTS CREATIVE STRATEGIES TO INSURE A SUCCESSFUL DOWNTOWN AREA. COMMITTEES OF VOLUNTEERS ANALYZE PROBLEMS, DEVELOP SOLUTIONS AND WORK ON PROJECTS DESIGNED TO GIVE THE HISTORIC DOWNTOWN AREA A COMPETITIVE EDGE. THE MAIN STREET COMMITTEE GENERATE AND OR SUPPORT A VARIETY OF EVENTS, FESTIVALS, TOURS AND MEETINGS THAT ARE BENEFICIAL TO THE DOWNTOWN AREA. THESE COMMITTEES AND THE STAFF ALSO ADVISE INDIVIDUAL BUSINESS, BOTH START-UPS AND ESTABLISHED, ON WAYS TO IMPROVE THEIR PROPERTIES AND THEIR OPERATIONS.-$132,247
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERYL SHIELDSExecutive DiFT$34,250-$34,250
BILL GULLETTVice-Pres-$0--
BILLY HAMMOCKPresident-$0--
KIM JACKSONSecretary-$0--
MICKEY MCCLURETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Florence Main Street Inc
EIN
63-1075621
Address
301 N PINE STREET, FLORENCE, AL 35630

Signing Officer

Name
Teryl Shields
Title
Executive Director
Signed
2016-08-24

Preparer

Firm
Patterson Prince and Associates Pc
Address
475 S SEMINARY STREET, FLORENCE, AL 35630
Preparer
Rita M Prince CPA
Phone
2567668915
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Florence foodies cost of goods sold 4,214 silver screen project cost of goods sold 35 win the window cost of goods sold 2,045 downtown dollars cost of goods sold 2,968 florence restaurant week cost of goods sold 9,943 lion night cost of goods sold 2,253 bacon crawl cost of goods sold 1,353 chocolate crawl cost of goods sold 551 shopping spree cost of goods sold 6,817 expenses advertising 14,871 postal service 98 supplies 1,213 copies 456 ecommerce 840 facilities & equipment 1,246 website 359 travel - board meeting 83 travel- conferences 4,379 travel 212 insurance 2,240 telephone 2,179 bank charges 278 dues 1,774 christmas parade 1,384 payroll qb 713 books, ref, subscriptions 230 payroll fees 13 payroll expenses - other 9 christmas oh 840 fall run festival 778 contract services 200 wilson park 2,525 non-investment depreciation 182 total 67,281

Form 990-ez, Part II, Line 24

1,407 1,407 less accumulated depreciation 1,011 1,193 other assets 6,488 6,488 total 6,884 6,702

Form 990-ez, Part II, Line 26

Payroll taxes payable 1,690 1,663

Form 990-ez, Part III, Line 28

Serves historic downtown florence, al which develops and implements creative strategies to insure a successful downtown area. Committees of volunteers analyze problems, develop solutions and work on projects designed to give the historic downtown area a competitive edge. The main street committee generate and or support a variety of events, festivals, tours and meetings that are beneficial to the downtown area. These committees and the staff also advise individual business, both start-ups and established, on ways to improve their properties and their operations.

Raw XML Appendix153 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FLORENCE FOODIES COST OF GOODS SOLD 4,214 SILVER SCREEN PROJECT COST OF GOODS SOLD 35 WIN THE WINDOW COST OF GOODS SOLD 2,045 DOWNTOWN DOLLARS COST OF GOODS SOLD 2,968 FLORENCE RESTAURANT WEEK COST OF GOODS SOLD 9,943 LION NIGHT COST OF GOODS SOLD 2,253 BACON CRAWL COST OF GOODS SOLD 1,353 CHOCOLATE CRAWL COST OF GOODS SOLD 551 SHOPPING SPREE COST OF GOODS SOLD 6,817 EXPENSES ADVERTISING 14,871 POSTAL SERVICE 98 SUPPLIES 1,213 COPIES 456 ECOMMERCE 840 FACILITIES & EQUIPMENT 1,246 WEBSITE 359 TRAVEL - BOARD MEETING 83 TRAVEL- CONFERENCES 4,379 TRAVEL 212 INSURANCE 2,240 TELEPHONE 2,179 BANK CHARGES 278 DUES 1,774 CHRISTMAS PARADE 1,384 PAYROLL QB 713 BOOKS, REF, SUBSCRIPTIONS 230 PAYROLL FEES 13 PAYROLL EXPENSES - OTHER 9 CHRISTMAS OH 840 FALL RUN FESTIVAL 778 CONTRACT SERVICES 200 WILSON PARK 2,525 NON-INVESTMENT DEPRECIATION 182 TOTAL 67,281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11,407 1,407 LESS ACCUMULATED DEPRECIATION 1,011 1,193 OTHER ASSETS 6,488 6,488 TOTAL 6,884 6,702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES PAYABLE 1,690 1,663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SERVES HISTORIC DOWNTOWN FLORENCE, AL WHICH DEVELOPS AND IMPLEMENTS CREATIVE STRATEGIES TO INSURE A SUCCESSFUL DOWNTOWN AREA. COMMITTEES OF VOLUNTEERS ANALYZE PROBLEMS, DEVELOP SOLUTIONS AND WORK ON PROJECTS DESIGNED TO GIVE THE HISTORIC DOWNTOWN AREA A COMPETITIVE EDGE. THE MAIN STREET COMMITTEE GENERATE AND OR SUPPORT A VARIETY OF EVENTS, FESTIVALS, TOURS AND MEETINGS THAT ARE BENEFICIAL TO THE DOWNTOWN AREA. THESE COMMITTEES AND THE STAFF ALSO ADVISE INDIVIDUAL BUSINESS, BOTH START-UPS AND ESTABLISHED, ON WAYS TO IMPROVE THEIR PROPERTIES AND THEIR OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERYL SHIELDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORENCE MAIN STREET INC
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0631075621
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 N PINE STREET
ReturnHeader/Filer/USAddress/CityNm0FLORENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035630
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631134175
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTERSON PRINCE AND ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 S SEMINARY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLORENCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035630
ReturnHeader/PreparerPersonGrp/PhoneNum02567668915
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RITA M PRINCE CPA
ReturnHeader/ReturnTs02016-08-26T11:59:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.47$0.04$1.43$1.36$1.34$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$1.28$1.28$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.95$0.89$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$1.64$1.25$0.40
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$1.32$0.82$0.50
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.93$0.87$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.80$0.75$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.03$0.30$0.99$1.17$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.02$0.49$1.13$1.32$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.68$1.14$1.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.01$0.68$0.86$0.86$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.01$0.68$0.57$0.64$0.06
2011Summary only. Only limited summary data is available for this year.$0.75$0.01$0.70$0.59$0.12