Civic Intelligence

Adp Community Services

990 • Fiscal year 2023 • EIN 73-1665266

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 24, 2024

750 W 2nd Avenue Ste 100Anchorage, AK 99501

(907) 279-5658

Siviq Scores

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

Liabilities / Assets

80th percentile

0.10x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-31%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$127,349

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 59.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-44%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$313,427

Down $251,108 (-44%) from 2022

Net Assets

Down

$280,654

Down $67,899 (-19%) from 2022

Liabilities

Down

$32,773

Down $183,209 (-85%) from 2022

Revenue

Down

$215,671

Down $39,587 (-16%) from 2022

Expenses

Down

$283,570

Down $18,402 (-6.1%) from 2022

Net Income

Down

-$67,899

Down $21,185 (-45%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $338,508Liabilities 2010: $30,948Net Assets 2010: $307,5602010Assets 2011: $444,821Liabilities 2011: $49,097Net Assets 2011: $395,7242011Assets 2012: $531,130Liabilities 2012: $45,807Net Assets 2012: $485,3232012Assets 2013: $620,664Liabilities 2013: $38,856Net Assets 2013: $581,8082013Assets 2014: $654,316Liabilities 2014: $27,218Net Assets 2014: $627,0982014Assets 2015: $762,397Liabilities 2015: $79,895Net Assets 2015: $682,5022015Assets 2016: $543,111Liabilities 2016: $74,717Net Assets 2016: $468,3942016Assets 2017: $366,703Liabilities 2017: $114,349Net Assets 2017: $252,3542017Assets 2018: $332,312Liabilities 2018: $20,468Net Assets 2018: $311,8442018Assets 2019: $389,953Liabilities 2019: $54,026Net Assets 2019: $335,9272019Assets 2020: $523,942Liabilities 2020: $134,727Net Assets 2020: $389,2152020Assets 2021: $594,810Liabilities 2021: $199,543Net Assets 2021: $395,2672021Assets 2022: $564,535Liabilities 2022: $215,982Net Assets 2022: $348,5532022Assets 2023: $313,427Liabilities 2023: $32,773Net Assets 2023: $280,6542023Assets 2024: $257,439Liabilities 2024: $40,082Net Assets 2024: $217,3572024

Highlighted filing

2023

Assets$313,427
Liabilities$32,773
Net Assets$280,654

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $225,1762010Expenses 2011: $264,4572011Revenue 2012: $293,681Expenses 2012: $204,082Net Income 2012: $89,5992012Revenue 2013: $304,978Expenses 2013: $208,493Net Income 2013: $96,4852013Revenue 2014: $300,794Expenses 2014: $255,504Net Income 2014: $45,2902014Revenue 2015: $487,257Expenses 2015: $431,853Net Income 2015: $55,4042015Revenue 2016: $164,451Expenses 2016: $403,965Net Income 2016: -$239,5142016Revenue 2017: $231,197Expenses 2017: $447,237Net Income 2017: -$216,0402017Revenue 2018: $196,004Expenses 2018: $136,514Net Income 2018: $59,4902018Revenue 2019: $242,872Expenses 2019: $218,789Net Income 2019: $24,0832019Revenue 2020: $112,018Expenses 2020: $58,730Net Income 2020: $53,2882020Revenue 2021: $247,797Expenses 2021: $230,210Net Income 2021: $17,5872021Revenue 2022: $255,258Expenses 2022: $301,972Net Income 2022: -$46,7142022Revenue 2023: $215,671Expenses 2023: $283,570Net Income 2023: -$67,8992023Revenue 2024: $185,436Expenses 2024: $248,733Net Income 2024: -$63,2972024

Highlighted filing

2023

Revenue$215,671
Expenses$283,570
Net Income-$67,899
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 24, 2024
Return Version
2023v5.0
Gross Receipts
$215,671
Mission and Program Overview

Mission

To provide services that promote the health and social welfare of downtown anchorage.

Adp community services was formed to promote the health and social welfare of downtown anchorage and to accept tax deductible donations from corporate and individual donors; to provide services that promote the health and social welfare of downtown anchorage; lessen the burden on government to provide services to downtown anchorage; and promote the health of stakeholders in the greater anchorage community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$563,969$100,960▼ $463,009
Accounts Receivable$566$25,600▲ $25,034
Total Assets$564,535$313,427▼ $251,108
Other Assets Total-$186,867-
Liabilities
Deferred Revenue$95,335--
Other Liabilities$84,068--
Accounts Payable and Accrued Expenses$36,579$32,773▼ $3,806
Total Liabilities$215,982$32,773▼ $183,209
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$348,553$280,654▼ $67,899
Total Net Assets Fund Balance$348,553$280,654▼ $67,899
Total Liabilities and Net Assets / Fund Balance$564,535$313,427▼ $251,108

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$186,867--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Radhika KrishnaExecutive Di$127,349$127,349

Board Members and Trustees

NameTitle
Michelle KloudaPresident
Brad EricksonDirector
Clai PorterDirector
Cyrus AldermanDirector
Danielle BailyDirector
Doug LamkinDirector
Jim KubitzDirector
Joe LumpkinDirector
Larry MichaelDirector
Matthew SamuelDirector
Shanna ZuspanDirector
Stephen RibuffoDirector
Scott WoodlandAt Large
Gretchen FauskePast Preside
Katherine JernstromPast Preside
Laile FairbairnSecretary
Eric RitnerTreasurer
Mark BegichVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$162,026
Program Service Revenue
$53,598
Investment Income
$47
Other Revenue
$0
All Other Contributions
$137,026
Change in Net Assets
$-67,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$151,600
Other Expenses$131,970
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$151,600--$151,600
Fees for Services Accounting$2,200--$2,200
Office Expenses$896--$896
Information Technology$373--$373
Other Expenses$25--$25
Conferences and Meetings$20--$20
Total Functional Expenses$283,570$0$0$283,570
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 11B

Form 990 is reviewed by the governing body upon completion and before being filed.

Form 990, Page 6, Part VI, Line 19

Governing documents, 990s, conflict of interest policy, and financial statements are available upon request through our office.

Filing and Contact Details

Filer

Filer Name
Adp Community Services
EIN
73-1665266
Address
750 W 2ND AVENUE STE 100, ANCHORAGE, AK 99501

Signing Officer

Name
Radhika Krishna
Title
Executive Director
Signed
2024-10-24

Organization Details

Principal Officer
Radhika Krishna
Formed
2003
Legal Domicile
Ak
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
20

Preparer

Firm
Foster and Company LLC
Address
2801 E PALMER WASILLA HWY, WASILLA, AK 99654-7339
Preparer
Michael Foster
Phone
9072905555
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Adp community services was formed to promote the health and social welfare of downtown anchorage and to accept tax deductible donations from corporate and individual donors; to provide services that promote the health and social welfare of downtown anchorage; lessen the burden on government to provide services to downtown anchorage; and promote the health of stakeholders in the greater anchorage community.

Financial Statement Notes

Schedule D, Page 3, Part X

Anchorage downtown partnership, ltd. Is exempt from federal income tax as an organization described in section 501(c)(6) of the internal revenue code whereby only unrelated business income, as defined by section 512(a)(1) of the internal revenue code, is subject to federal income tax. Adp community services is exempt from federal income tax under section 501(c)(3) and adp development corporation is exempt under section 501(c)(2). Adp applies the provisions of topic 740 of the fasb accounting standards codification relating to accounting for uncertainty in income taxes. Adp annually reviews its return and positions taken in accordance with the recognition standards. Adp believes that it has no uncertain tax positions taken in accordance with the recognition standards that would require disclosure or adjustment in these financial statements.

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IRS990/PrincipalOfficerNm0RADHIKA KRISHNA
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt07,991
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt077200
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0802
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE TO/FROM RELATED ORGANIZATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ANCHORAGE DOWNTOWN PARTNERSHIP, LTD. IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. ADP COMMUNITY SERVICES IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND ADP DEVELOPMENT CORPORATION IS EXEMPT UNDER SECTION 501(C)(2). ADP APPLIES THE PROVISIONS OF TOPIC 740 OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ADP ANNUALLY REVIEWS ITS RETURN AND POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS. ADP BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS TAKEN IN ACCORDANCE WITH THE RECOGNITION STANDARDS THAT WOULD REQUIRE DISCLOSURE OR ADJUSTMENT IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADP COMMUNITY SERVICES WAS FORMED TO PROMOTE THE HEALTH AND SOCIAL WELFARE OF DOWNTOWN ANCHORAGE AND TO ACCEPT TAX DEDUCTIBLE DONATIONS FROM CORPORATE AND INDIVIDUAL DONORS; TO PROVIDE SERVICES THAT PROMOTE THE HEALTH AND SOCIAL WELFARE OF DOWNTOWN ANCHORAGE; LESSEN THE BURDEN ON GOVERNMENT TO PROVIDE SERVICES TO DOWNTOWN ANCHORAGE; AND PROMOTE THE HEALTH OF STAKEHOLDERS IN THE GREATER ANCHORAGE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE GOVERNING BODY UPON COMPLETION AND BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, 990S, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST THROUGH OUR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ADP DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1ANCHORAGE DOWNTOWN PARTNERSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0731666295

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.57$0.40$2.17$1.85$2.49$0.63
2023Detailed filing. Detailed filing data is available for this year.$3.13$0.33$2.81$2.16$2.84$0.68
2022Detailed filing. Detailed filing data is available for this year.$5.65$2.16$3.49$2.55$3.02$0.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.95$2.00$3.95$2.48$2.30$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$1.35$3.89$1.12$0.59$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.54$3.36$2.43$2.19$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$0.20$3.12$1.96$1.37$0.59
2017Detailed filing. Detailed filing data is available for this year.$3.67$1.14$2.52$2.31$4.47$2.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$0.75$4.68$1.64$4.04$2.40
2015Detailed filing. Detailed filing data is available for this year.$7.62$0.80$6.83$4.87$4.32$0.55
2014Detailed filing. Detailed filing data is available for this year.$6.54$0.27$6.27$3.01$2.56$0.45
2013Detailed filing. Detailed filing data is available for this year.$6.21$0.39$5.82$3.05$2.08$0.96
2012Summary only. Only limited summary data is available for this year.$5.31$0.46$4.85$2.94$2.04$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.49$3.96$2.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.31$3.08$2.25