Civic Intelligence

Downtown Revitalization Committee

990EZ • Fiscal year 2021 • EIN 76-0176830

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

P O Box 715Galveston, TX 77553

(409) 789-9820

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.02x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

57th percentile

14%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

82nd percentile

54%

Faster asset growth than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

35%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$70,220

Up $24,706 (+54%) from 2020

Net Assets

Up

$66,835

Up $21,321 (+47%) from 2020

Liabilities

$3,385

No earlier filing loaded for comparison.

Revenue

Up

$156,389

Up $40,555 (+35%) from 2020

Expenses

Up

$135,068

Up $28,426 (+27%) from 2020

Net Income

Up

$21,321

Up $12,129 (+132%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $30,436Net Assets 2014: $30,4362014Assets 2015: $15,839Net Assets 2015: $15,8392015Assets 2016: $11,209Net Assets 2016: $11,2092016Assets 2017: $25,679Net Assets 2017: $25,6792017Assets 2018: $27,001Liabilities 2018: $0Net Assets 2018: $27,0012018Assets 2019: $37,527Liabilities 2019: $0Net Assets 2019: $37,5272019Assets 2020: $45,514Net Assets 2020: $45,5142020Assets 2021: $70,220Liabilities 2021: $3,385Net Assets 2021: $66,8352021Assets 2022: $97,368Liabilities 2022: $14,843Net Assets 2022: $82,5252022Assets 2023: $100,880Liabilities 2023: $2,198Net Assets 2023: $98,6822023Assets 2024: $122,226Liabilities 2024: $2,198Net Assets 2024: $120,0282024

Highlighted filing

2021

Assets$70,220
Liabilities$3,385
Net Assets$66,835

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $53,767Expenses 2014: $48,014Net Income 2014: $5,7532014Revenue 2015: $37,312Expenses 2015: $51,909Net Income 2015: -$14,5972015Revenue 2016: $49,209Expenses 2016: $53,839Net Income 2016: -$4,6302016Revenue 2017: $72,130Expenses 2017: $57,660Net Income 2017: $14,4702017Revenue 2018: $71,885Expenses 2018: $70,563Net Income 2018: $1,3222018Revenue 2019: $204,594Expenses 2019: $194,068Net Income 2019: $10,5262019Revenue 2020: $115,834Expenses 2020: $106,642Net Income 2020: $9,1922020Revenue 2021: $156,389Expenses 2021: $135,068Net Income 2021: $21,3212021Revenue 2022: $115,196Expenses 2022: $99,406Net Income 2022: $15,7902022Revenue 2023: $54,565Expenses 2023: $38,408Net Income 2023: $16,1572023Revenue 2024: $55,471Expenses 2024: $22,811Net Income 2024: $32,6602024

Highlighted filing

2021

Revenue$156,389
Expenses$135,068
Net Income$21,321
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.0
Gross Receipts
$167,542
Mission and Program Overview

Mission

Promotion of downtown area

Program Services

DescriptionGrantsExpenses
PROMOTE HISTORIC DOWNTOWN GALVESTON TO THE COMMUNITY THROUGH PUBLICATIONS, PROMOTIONS, DECORATION, LIGHTING AND SPECIAL EVENTS THROUGHOUT THE YEAR.-$135,065
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary Jo NaschkeChairman-$0--
Tom SchwenkVice Chair-$0--
Clyde WoodDirector-$0--
Concetta MaceoDirector-$0--
Trey ClickExecutive DirectorFT$0--
Maureen PattonDirector-$0--
Holly HopkinsDirector-$0--
Keith BassettDirector-$0--
Dennis NanceDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Walktober Fest$9,464$9,464$6,579$2,885
Flamingo Fest$5,793$5,793$4,574$1,219
Total Events$15,257$15,257$11,153$4,104
Filing and Contact Details

Filer

Filer Name
Downtown Revitalization Committee
EIN
76-0176830
Phone
4097899820
Address
P O BOX 715, GALVESTON, TX 77553

Signing Officer

Name
Trey Click
Title
Executive Director
Signed
2022-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Katherine Overbeck Maxwell CPA Pllc
Address
2200 MARKET ST STE 703, GALVESTON, TX 77550
Preparer
Katherine O Maxwell
Phone
4097655287
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $4675

Other Expenses.1

LIGHTS & DECOR $74840

Other Expenses.2

CITY HALL STATUE $5500

Other Assets.1005

Accounts Receivable - Beginning $27948 Accounts Receivable - Ending $35753

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3385

Raw XML Appendix197 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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IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0MARDI GRAS FUNDRAISER
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIGHTS & DECOR $74840
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CITY HALL STATUE $5500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Receivable - Beginning $27948 Accounts Receivable - Ending $35753
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Trey Click
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN REVITALIZATION COMMITTEE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA HISTORIC DOWNTOWN STRAND PTR
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0760176830
ReturnHeader/Filer/PhoneNum04097899820
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02200 MARKET ST STE 703
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GALVESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077550
ReturnHeader/PreparerPersonGrp/PhoneNum04097655287
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Katherine O Maxwell
ReturnHeader/ReturnTs02022-11-07T13:37:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Trey
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Click
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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