Civic Intelligence

Downtown Development Unlimited

EIN 72-1470971 • 501(c)3 • New Orleans, LA

Pub. 78 Eligible990-N CoverageNTEE S30

Profile

Downtown Development Unlimited is a non-profit organization established to promote a progressive and dynamic central downtown and to preserve and expand central downtown as a regional business shopping area.

201 St Charles Ave Ste 3912New Orleans, LA 70170

www.nolaunlimited.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.29x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

1.36x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

27%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-73%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$639,660

Up $135,797 (+27%) from 2023

Liabilities

Up

$185,082

Up $75,300 (+69%) from 2023

Net Assets

Up

$454,578

Up $60,497 (+15%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin88th percentile

Revenue

Down

$135,797

Down $364,203 (-73%) from 2023

Expenses

Down

$75,300

Down $34,531 (-31%) from 2023

Net Income

Down

$60,497

Down $329,672 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2023: $503,863Liabilities 2023: $109,782Net Assets 2023: $394,0812023Assets 2024: $639,660Liabilities 2024: $185,082Net Assets 2024: $454,5782024

Highlighted filing

2024

Assets$639,660
Liabilities$185,082
Net Assets$454,578
Open 2024 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2023: $500,000Expenses 2023: $109,831Net Income 2023: $390,1692023Revenue 2024: $135,797Expenses 2024: $75,300Net Income 2024: $60,4972024

Highlighted filing

2024

Revenue$135,797
Expenses$75,300
Net Income$60,497
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$639,660
Liabilities
$185,082
Net assets
$454,578
Revenue
$135,797
Expenses
$75,300
Net income
$60,497
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.40$1.85$4.55$1.36$0.75$0.60
2023Detailed filing. Detailed filing data is available for this year.$5.04$1.10$3.94$5.00$1.10$3.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 6, 2025
Return Version
2024v5.0
Gross Receipts
$135,797
Mission and Program Overview

Mission

Downtown Development Unlimited is a non-profit organization established to promote a progressive and dynamic central downtown and to preserve and expand central downtown as a regional business shopping area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$503,863$639,660▲ $135,797
Total Assets$503,863$639,660▲ $135,797
Liabilities
Other Liabilities-$185,082-
Accounts Payable and Accrued Expenses$109,782--
Total Liabilities$109,782$185,082▲ $75,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$394,081$454,578▲ $60,497
Total Net Assets Fund Balance$394,081$454,578▲ $60,497
Total Liabilities and Net Assets / Fund Balance$503,863$639,660▲ $135,797
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Chris RossChair
Revenue and Support

Revenue Composition

Contributions and Grants
$135,797
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$60,497

Audited Revenue Reconciliation

Revenue per Audited Statements
$135,797
Total Revenue per Audited Statements
$135,797
Total Revenue per Form 990
$135,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75,300
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
Other Expenses$6,500--$6,500
Total Functional Expenses$75,300$0$0$75,300

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$75,300
Total Expenses per Audited Statements$75,300
Total Expenses per Form 990$75,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Funds$185,082
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Chris ross, alex glaser, william bradshaw, scott polakoff”

Form 990, Page 6, Part VI, Line 7A

“All decisions of the organization are subject to approval by members of the board.”

Form 990, Page 6, Part VI, Line 11B

“The board is required to review a copy of the 990 before it is filed.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available upon request and issued during semi- annual meetings and posted to the louisiana legislative auditors website annually.”

Filing and Contact Details

Filer

Filer Name
Downtown Development Unlimited
EIN
72-1470971
Phone
5045618927
Address
201 ST CHARLES AVE STE 3912, NEW ORLEANS, LA 70170

Signing Officer

Name
Chris Ross
Title
Chair
Phone
5045618927
Signed
2025-08-06

Organization Details

Principal Officer
Chris Ross
Formed
2000
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Bruno & Tervalon Llp
Address
10001 LAKE FOREST BLVD SUITE 401, NEW ORLEANS, LA 70127
Preparer
Jonald J Walker Iii CPA
Phone
3374787902
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Facade improvement micro grant program - improve exterior of the public realm by installing lighting and other improvements on privately-owned properties that enhance curb appeal and safety throughout the district. Bio-medical district beautification-strengthen the brand identity and curb appeal of this priority employment area through beautification projects such as public art, streetscape improvements, and signage.”

Raw XML Appendix229 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/ExplanationTxt1CHRIS ROSS, ALEX GLASER, WILLIAM BRADSHAW, SCOTT POLAKOFF
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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