Civic Intelligence

Cleveland Development Foundation

990EZ • Fiscal year 2017 • EIN 81-3057830

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

101 S Bayou AveCleveland, MS 38732

(662) 843-2712

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$93,355

No earlier filing loaded for comparison.

Net Assets

$93,355

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$145,586

No earlier filing loaded for comparison.

Expenses

$56,381

No earlier filing loaded for comparison.

Net Income

$89,205

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $93,355Liabilities 2017: $0Net Assets 2017: $93,3552017Assets 2018: $148,879Liabilities 2018: $0Net Assets 2018: $148,8792018Assets 2019: $127,924Liabilities 2019: $0Net Assets 2019: $127,9242019Assets 2020: $42,734Liabilities 2020: $0Net Assets 2020: $42,7342020Assets 2021: $55,843Liabilities 2021: $0Net Assets 2021: $55,8432021Assets 2022: $7,996Liabilities 2022: $0Net Assets 2022: $7,9962022Assets 2023: $25,808Liabilities 2023: $0Net Assets 2023: $25,8082023Assets 2024: $532,437Liabilities 2024: $179Net Assets 2024: $532,2582024

Highlighted filing

2017

Assets$93,355
Liabilities$0
Net Assets$93,355

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $145,586Expenses 2017: $56,381Net Income 2017: $89,2052017Revenue 2018: $177,258Expenses 2018: $121,734Net Income 2018: $55,5242018Revenue 2019: $73,297Expenses 2019: $94,252Net Income 2019: -$20,9552019Revenue 2020: $22,543Expenses 2020: $107,733Net Income 2020: -$85,1902020Revenue 2021: $81,709Expenses 2021: $68,600Net Income 2021: $13,1092021Revenue 2022: $75,990Expenses 2022: $95,746Net Income 2022: -$19,7562022Revenue 2023: $104,886Expenses 2023: $87,074Net Income 2023: $17,8122023Revenue 2024: $547,399Expenses 2024: $40,949Net Income 2024: $506,4502024

Highlighted filing

2017

Revenue$145,586
Expenses$56,381
Net Income$89,205
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$145,586
Mission and Program Overview

Mission

The Cleveland Development Foundation was organized in October 2014 for the purpose of enhancing the city of Cleveland Mississippi in quality-of-life issues. In prior years cities and counties often received grants and contributions from individual or private companies for various reasons. In recent years most private industries and/or entities have discontinued making gifts to cities but would rather make their contributions or grant awards to nonprofit organizations. As such Cleveland Development Foundation was organized in an effort to secure these funding opportunities that have been lost in recent years.

Program Services

DescriptionGrantsExpenses
The Cleveland Development Foundation was organized in October 2014 for the purpose of enhancing the city of Cleveland Mississippi in quality-of-life issues. In prior years cities and counties often received grants and contributions from individual or private companies for various reasons. In recent years most private industries and/or entities have discontinued making gifts to cities but would rather make their contributions or grant awards to nonprofit organizations. As such Cleveland Development Foundation was organized in an effort to secure these funding opportunities that have been lost in recent years.$56,049-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WAYNE BLANSETTPresident-$0--
JENNIFER WANNSecretary-$0--
LISA COOLEYTreasurer-$0--
LIBBI LOGANVice President-$0--
Filing and Contact Details

Filer

Filer Name
Cleveland Development Foundation Inc
EIN
81-3057830
Phone
6628432712
Address
101 S Bayou Ave, Cleveland, MS 38732

Signing Officer

Name
Wayne Blansett
Title
President
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Gainspoletti & Associates CPA LLC
Address
805 West Sunflower Ave, Cleveland, MS 38732
Preparer
Gary M Gainspoletti CPA
Phone
6628436090
Supplemental Narrative

Additional Explanations

Other Expenses.1

Christmas decorations & displa $53770

Other Expenses.2

DUAL ENROLLMENT $2279

Other Expenses.3

OFICE SUPPLIES $257

Other Expenses.4

BANK CHARGES $75

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $14348

Raw XML Appendix130 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Cleveland Development Foundation was organized in October 2014 for the purpose of enhancing the city of Cleveland Mississippi in quality-of-life issues. In prior years cities and counties often received grants and contributions from individual or private companies for various reasons. In recent years most private industries and/or entities have discontinued making gifts to cities but would rather make their contributions or grant awards to nonprofit organizations. As such Cleveland Development Foundation was organized in an effort to secure these funding opportunities that have been lost in recent years.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRISTMAS DECORATIONS & DISPLA $53770
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUAL ENROLLMENT $2279
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFICE SUPPLIES $257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts Receivable - Beginning $0 Accounts Receivable - Ending $14348
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ReturnHeader/ReturnTs02018-05-14T12:36:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings