Civic Intelligence

Texas Downtown Association

990 • Fiscal year 2020 • EIN 74-2400661

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 23, 2021

PO Box 546Austin, TX 78767

(512) 472-7832

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

39th percentile

-3.0%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$72,323

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 52.4% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

41st percentile

-1.8%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-36%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$225,859

Down $4,191 (-1.8%) from 2019

Net Assets

Down

$225,859

Down $4,191 (-1.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$137,935

Down $76,955 (-36%) from 2019

Expenses

Down

$142,126

Down $68,646 (-33%) from 2019

Net Income

Down

-$4,191

Down $8,309 (-202%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $199,499Liabilities 2010: $1,369Net Assets 2010: $198,1302010Assets 2011: $184,909Liabilities 2011: $1,246Net Assets 2011: $183,6632011Assets 2012: $204,184Liabilities 2012: $1,365Net Assets 2012: $202,8192012Assets 2013: $224,883Liabilities 2013: $2,314Net Assets 2013: $222,5692013Assets 2014: $258,218Liabilities 2014: $3,892Net Assets 2014: $254,3262014Assets 2015: $267,570Net Assets 2015: $267,5702015Assets 2016: $239,591Net Assets 2016: $239,5912016Assets 2017: $216,925Net Assets 2017: $216,9252017Assets 2018: $225,932Net Assets 2018: $225,9322018Assets 2019: $230,050Liabilities 2019: $0Net Assets 2019: $230,0502019Assets 2020: $225,859Liabilities 2020: $0Net Assets 2020: $225,8592020Assets 2021: $207,704Liabilities 2021: $0Net Assets 2021: $207,7042021Assets 2022: $149,845Liabilities 2022: $0Net Assets 2022: $149,8452022Assets 2023: $141,299Liabilities 2023: $0Net Assets 2023: $141,2992023Assets 2024: $157,135Liabilities 2024: $12,841Net Assets 2024: $144,2942024

Highlighted filing

2020

Assets$225,859
Liabilities$0
Net Assets$225,859

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $132,165Expenses 2010: $127,042Net Income 2010: $5,1232010Revenue 2011: $94,930Expenses 2011: $109,397Net Income 2011: -$14,4672011Revenue 2012: $131,437Expenses 2012: $112,292Net Income 2012: $19,1452012Revenue 2013: $162,863Expenses 2013: $143,113Net Income 2013: $19,7502013Revenue 2014: $171,456Expenses 2014: $139,699Net Income 2014: $31,7572014Revenue 2015: $146,670Expenses 2015: $133,426Net Income 2015: $13,2442015Revenue 2016: $141,343Expenses 2016: $169,322Net Income 2016: -$27,9792016Revenue 2017: $174,925Expenses 2017: $197,591Net Income 2017: -$22,6662017Revenue 2018: $179,582Expenses 2018: $170,575Net Income 2018: $9,0072018Revenue 2019: $214,890Expenses 2019: $210,772Net Income 2019: $4,1182019Revenue 2020: $137,935Expenses 2020: $142,126Net Income 2020: -$4,1912020Revenue 2021: $195,941Expenses 2021: $214,096Net Income 2021: -$18,1552021Revenue 2022: $247,503Expenses 2022: $305,362Net Income 2022: -$57,8592022Revenue 2023: $244,686Expenses 2023: $253,232Net Income 2023: -$8,5462023Revenue 2024: $314,557Expenses 2024: $311,562Net Income 2024: $2,9952024

Highlighted filing

2020

Revenue$137,935
Expenses$142,126
Net Income-$4,191
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 23, 2021
Return Version
2020v4.1
Gross Receipts
$137,935
Mission and Program Overview

Mission

To connect and serve communities that are committed to downtown development and revitalization

To support texas citites' downtown communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$230,004$225,859▼ $4,145
Cap Stk Tr Prin Current Funds$230,050$225,859▼ $4,191
Land, Buildings, and Equipment, Net$46$0▼ $46
Total Assets$230,050$225,859▼ $4,191
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$230,050$225,859▼ $4,191
Total Liabilities and Net Assets / Fund Balance$230,050$225,859▼ $4,191

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,590-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Mary C SakExecutive Director$72,323$72,323

Board Members and Trustees

NameTitle
Kyle KrammPast President
Aaron WernerPresident
Cristina Odenborg BurnsVice President
Andrea BarefieldDirector
Beverly AbellDirector
Christine GossettDirector
Donna CulpepperDirector
Jorge QuirinoDirector
Josie FallettaDirector
Katelyn BrownDirector
Kristi RobichhDirector
Robert SmithDirector
Sarah O'BrienDirector
Melinda BrownSecretary
Melida HeienTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,403
Program Service Revenue
$66,841
Investment Income
$691
Other Revenue
$0
Change in Net Assets
$-4,191
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$94,126
Other Expenses$48,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$72,323$0$72,323
Occupancy$16,238$2,657$0$18,895
Other Salaries and Wages$0$16,320$0$16,320
Fees for Services Other$1,893$7,993$0$9,886
Payroll Taxes$0$5,483$0$5,483
Office Expenses$514$3,010$0$3,524
Travel$1,574$1,116$0$2,690
Other Expenses$2,350$0$0$2,350
Insurance$0$2,277$0$2,277
All Other Expenses$0$825$0$825
Conferences and Meetings$0$635$0$635
Advertising$0$188$0$188
Depreciation Depletion$0$46$0$46
Total Functional Expenses$27,187$114,939$0$142,126
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Texas Downtown Association
EIN
74-2400661
Phone
5124727832
Address
PO BOX 546, AUSTIN, TX 78767

Signing Officer

Name
Mary Catherine Sak
Title
Executive Director
Phone
5124727832
Signed
2021-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Catherine Sak
Formed
1985
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
0

Preparer

Firm
Maese Fulmer Cpas Pllc
Address
109 S HARRIS ST STE 120, ROUND ROCK, TX 78664
Preparer
Ben Maese
Phone
5123880582
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

All board members are given a copy of the 990 prior to submission for review and approval.

Pt VI, Line 6

Members consist of Texas municipalities, economic development organizations, nonprofits and small businesses.

Pt VI, Line 7A

Members vote for the board of directors

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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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IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05483
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt05483
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARY CATHERINE SAK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PRESIDENTS AWARDS PROGRAM The award recognizes and honors the people and projects that have achieved excellence in Texas downtowns.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04649
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09300
IRS990/ProgSrvcAccomActy3Grp/Desc0DOWNTOWN ASSISTANCE PROGRAM Technical assistance is provided to member communities
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01700
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt04221
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061316
IRS990/PYInvestmentIncomeAmt01016
IRS990/PYOtherExpensesAmt0121760
IRS990/PYProgramServiceRevenueAmt0152558
IRS990/PYRevenuesLessExpensesAmt04118
IRS990/PYSalariesCompEmpBnftPaidAmt089012
IRS990/PYTotalExpensesAmt0210772
IRS990/PYTotalRevenueAmt0214890
IRS990/ReconcilationRevenueExpnssAmt0-4191
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt053320
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01590
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01590
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All board members are given a copy of the 990 prior to submission for review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members consist of Texas municipalities, economic development organizations, nonprofits and small businesses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members vote for the board of directors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0230050
IRS990/TotalAssetsEOYAmt0225859
IRS990/TotalAssetsGrp/BOYAmt0230050
IRS990/TotalAssetsGrp/EOYAmt0225859
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt070403
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0114939
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027187
IRS990/TotalFunctionalExpensesGrp/TotalAmt0142126
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0230050
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0225859
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt066841
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt027187
IRS990/TotalProgramServiceRevenueAmt066841
IRS990/TotalReportableCompFromOrgAmt072323
IRS990/TotalRevenueGrp/ExclusionAmt0691
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt066841
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0137935
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0230050
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0225859
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01116
IRS990/TravelGrp/ProgramServicesAmt01574
IRS990/TravelGrp/TotalAmt02690
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 546
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078767
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY CATHERINE SAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05124727832
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXAS DOWNTOWN ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0742400661
ReturnHeader/Filer/PhoneNum05124727832
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 546

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.13$1.44$3.15$3.12$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$2.45$2.53$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$2.48$3.05$0.58
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$1.96$2.14$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$1.38$1.42$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$2.15$2.11$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.26$2.26$1.80$1.71$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.17$2.17$1.75$1.98$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.40$2.40$1.41$1.69$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.68$2.68$1.47$1.33$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.04$2.54$1.71$1.40$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.25$0.02$2.23$1.63$1.43$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.01$2.03$1.31$1.12$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.01$1.84$0.95$1.09$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.01$1.98$1.32$1.27$0.05