Civic Intelligence

Downtown Florence Alliance

990EZ • Fiscal year 2016 • EIN 63-1075621

Oct 01, 2015 to Sep 30, 2016 • Filed on May 10, 2017

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

77th percentile

0.09x

Higher debt load relative to assets than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$33,440

Down $16,752 (-33%) from 2015

Net Assets

Down

$30,275

Down $18,254 (-38%) from 2015

Liabilities

Up

$3,165

Up $1,502 (+90%) from 2015

Revenue

Down

$99,284

Down $13,887 (-12%) from 2015

Expenses

Down

$117,403

Down $14,844 (-11%) from 2015

Net Income

Up

-$18,119

Up $957 (+5.0%) from 2015

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

2016

Assets$33,440
Liabilities$3,165
Net Assets$30,275

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

2016

Revenue$99,284
Expenses$117,403
Net Income-$18,119
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$99,284
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.-$117,403
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERYL SHIELDSExecutive Di-$0--
BILL GULLETTPresident-$0--
BOBBY DOLANVice-Preside-$0--
HEIDI TIBERIUSSecretary-$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
Phone
2567609648
Signed
2017-05-10

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 390 christmas parade cost of event 1,293 downtown dollars cost of goods sold 2,621 florence restaurant week cost of goods sold 950 lion night cost of goods sold 1,203 bacon crawl cost of goods sold 1,906 chocolate crawl cost of goods sold 1,631 shopping spree cost of goods sold 16,100 expenses website 493 ecommerce 929 books and supplies 228 supplies 1,352 quickbooks software 427 email software 504 travel - board meeting 74 travel- conferences 3,314 travel- statewide meetings 1,111 travel 40 insurance 2,092 fred's mural project 3,600 dues 1,775 cell phone 28 payroll fees 50 payroll expenses - other 56 professional development 627 christmas oh 784 fall run festival 515 taxes/penalty 73 total 44,166

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -135

Form 990-ez, Part II, Line 24

Equipment 1,407 1,407 less accumulated depreciation 1,193 1,328 other assets 6,488 6,488 total 6,702 6,567

Form 990-ez, Part II, Line 26

Payroll taxes payable 1,663 3,165

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 Appendix158 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/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 8,820
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FLORENCE FOODIES COST OF GOODS SOLD 390 CHRISTMAS PARADE COST OF EVENT 1,293 DOWNTOWN DOLLARS COST OF GOODS SOLD 2,621 FLORENCE RESTAURANT WEEK COST OF GOODS SOLD 950 LION NIGHT COST OF GOODS SOLD 1,203 BACON CRAWL COST OF GOODS SOLD 1,906 CHOCOLATE CRAWL COST OF GOODS SOLD 1,631 SHOPPING SPREE COST OF GOODS SOLD 16,100 EXPENSES WEBSITE 493 ECOMMERCE 929 BOOKS AND SUPPLIES 228 SUPPLIES 1,352 QUICKBOOKS SOFTWARE 427 EMAIL SOFTWARE 504 TRAVEL - BOARD MEETING 74 TRAVEL- CONFERENCES 3,314 TRAVEL- STATEWIDE MEETINGS 1,111 TRAVEL 40 INSURANCE 2,092 FRED'S MURAL PROJECT 3,600 DUES 1,775 CELL PHONE 28 PAYROLL FEES 50 PAYROLL EXPENSES - OTHER 56 PROFESSIONAL DEVELOPMENT 627 CHRISTMAS OH 784 FALL RUN FESTIVAL 515 TAXES/PENALTY 73 TOTAL 44,166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE -135
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 1,407 1,407 LESS ACCUMULATED DEPRECIATION 1,193 1,328 OTHER ASSETS 6,488 6,488 TOTAL 6,702 6,567
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES PAYABLE 1,663 3,165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SERVES 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 I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERYL SHIELDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02567609648
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
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
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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/PreparationDt02017-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RITA M PRINCE CPA
ReturnHeader/ReturnTs02017-05-15T08:11:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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