Civic Intelligence

Idaho Falls Downtown Development

990 • Fiscal year 2018 • EIN 82-0467139

Oct 01, 2017 to Sep 30, 2018 • Filed on Dec 19, 2018

425 North Capital AvenueIdaho Falls, ID 83402

(208) 535-0399

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.23x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.20x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

10th percentile

-27%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

85th percentile

$47,083

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 30.5% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

25th percentile

-12%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

13%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$132,480

Down $17,696 (-12%) from 2017

Net Assets

Down

$102,352

Down $40,951 (-29%) from 2017

Liabilities

Up

$30,128

Up $23,255 (+338%) from 2017

Revenue

Up

$154,220

Up $18,074 (+13%) from 2017

Expenses

Up

$195,171

Up $69,734 (+56%) from 2017

Net Income

Down

-$40,951

Down $51,660 (-482%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $116,375Liabilities 2011: $3,559Net Assets 2011: $112,8162011Assets 2012: $133,253Liabilities 2012: $2,901Net Assets 2012: $130,3522012Assets 2013: $150,265Liabilities 2013: $3,820Net Assets 2013: $146,4452013Assets 2014: $166,211Liabilities 2014: $5,297Net Assets 2014: $160,9142014Assets 2015: $152,390Liabilities 2015: $9,859Net Assets 2015: $142,5312015Assets 2016: $139,842Liabilities 2016: $7,248Net Assets 2016: $132,5942016Assets 2017: $150,176Liabilities 2017: $6,873Net Assets 2017: $143,3032017Assets 2018: $132,480Liabilities 2018: $30,128Net Assets 2018: $102,3522018Assets 2019: $78,449Liabilities 2019: $21,781Net Assets 2019: $56,6682019Assets 2020: $95,217Liabilities 2020: $29,178Net Assets 2020: $66,0392020Assets 2021: $119,297Liabilities 2021: $5,785Net Assets 2021: $113,5122021Assets 2022: $57,417Liabilities 2022: $7,646Net Assets 2022: $49,7712022Assets 2023: $64,999Liabilities 2023: $8,894Net Assets 2023: $56,1052023Assets 2024: $104,904Liabilities 2024: $10,443Net Assets 2024: $94,4612024Assets 2025: $140,990Liabilities 2025: $12,232Net Assets 2025: $128,7582025

Highlighted filing

2018

Assets$132,480
Liabilities$30,128
Net Assets$102,352

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $95,6472011Expenses 2012: $93,4022012Expenses 2013: $101,3962013Revenue 2014: $111,395Expenses 2014: $96,926Net Income 2014: $14,4692014Revenue 2015: $104,930Expenses 2015: $123,313Net Income 2015: -$18,3832015Revenue 2016: $112,077Expenses 2016: $122,014Net Income 2016: -$9,9372016Revenue 2017: $136,146Expenses 2017: $125,437Net Income 2017: $10,7092017Revenue 2018: $154,220Expenses 2018: $195,171Net Income 2018: -$40,9512018Revenue 2019: $205,167Expenses 2019: $250,851Net Income 2019: -$45,6842019Revenue 2020: $338,324Expenses 2020: $328,953Net Income 2020: $9,3712020Revenue 2021: $420,283Expenses 2021: $372,810Net Income 2021: $47,4732021Revenue 2022: $396,776Expenses 2022: $460,517Net Income 2022: -$63,7412022Revenue 2023: $570,048Expenses 2023: $563,714Net Income 2023: $6,3342023Revenue 2024: $467,146Expenses 2024: $428,790Net Income 2024: $38,3562024Revenue 2025: $439,737Expenses 2025: $405,440Net Income 2025: $34,2972025

Highlighted filing

2018

Revenue$154,220
Expenses$195,171
Net Income-$40,951
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Dec 19, 2018
Return Version
2017v2.2
Gross Receipts
$186,214
Mission and Program Overview

Mission

The purpose of the idaho falls downtown development corporation is to promote business, improve and maintain public areas, and to fulfill all purposes for which a business improvement district may be formed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$143,303$102,352▼ $40,951
Savings and Temporary Cash Investments$126,408$87,185▼ $39,223
Cash and Non-Interest-Bearing Accounts$20,150$30,423▲ $10,273
Land, Buildings, and Equipment, Net$3,618$14,872▲ $11,254
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$150,176$132,480▼ $17,696
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,873$30,128▲ $23,255
Total Liabilities$6,873$30,128▲ $23,255
Net Assets / Fund Balance
Total Net Assets Fund Balance$143,303$102,352▼ $40,951
Total Liabilities and Net Assets / Fund Balance$150,176$132,480▼ $17,696

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,872$10,320$25,192
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Catherine SmithExecutive DirectorFT$47,083$47,083

Board Members and Trustees

NameTitle
Gregg CrockettPast President
Antonio MezaPresident
Jake DurtschiVice President
Brandi NewtonDirector
Derek ChristiansenDirector
Jill HansenDirector
Kevin CutlerDirector
Mark MunosDirector
Steve FischbachDirector
Tasha TaylorDirector
Todd ThoulionDirector
Brad CramerEx-officio
Chip SchwarzeEx-officio
Dana BriggsEx-officio
Lisa FarrisEx-officio
Rebecca CasperEx-officio
Steve CarrEx-officio
Kevin JosephsonSecretary
Shanon TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,319
Program Service Revenue
$75,614
Investment Income
$455
Other Revenue
$7,832
All Other Contributions
$5,107
Change in Net Assets
$-40,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,250
Salaries, Compensation, and Employee Benefits$79,871
Grants and Similar Amounts Paid$2,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,083--$47,083
Other Salaries and Wages$26,700--$26,700
Advertising$16,500--$16,500
Occupancy$10,498--$10,498
Payroll Taxes$6,088--$6,088
Insurance$4,802--$4,802
All Other Expenses$4,496--$4,496
Office Expenses$3,127--$3,127
Depreciation Depletion$2,121--$2,121
Grants to Domestic Individuals$2,050--$2,050
Travel$1,675--$1,675
Other Expenses$1,303--$1,303
Fees for Services Accounting$769--$769
Conferences and Meetings$677--$677
Total Functional Expenses$195,171$0$0$195,171
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,063
Fundraising Direct Expenses$31,994
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Brew$11,262$11,262$8,165$3,097
Winter Brew$9,759$9,759$8,591$1,168
Total Events$37,801$37,801$30,674$7,127
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the executive director and the board prior to filing the return.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

All compensation is subject to approval by the board prior to being offered or modified.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available upon request at the organization's office located at 420 memorial drive, idaho falls, idaho.

Filing and Contact Details

Filer

Filer Name
Idaho Falls Downtown Development
EIN
82-0467139
Phone
2085350399
Address
425 NORTH CAPITAL AVENUE, IDAHO FALLS, ID 83402

Signing Officer

Name
Shanon Taylor
Title
Treasurer
Signed
2018-12-19
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Id
Voting Board Members
13
Independent Board Members
13
Employees
4

Preparer

Firm
Obrien Tomchak & Co Chtd
Address
PO BOX 50858, IDAHO FALLS, ID 83405-0858
Preparer
Charles P Marsh CPA
Phone
2085244200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt14EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt15EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt17EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt18EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt19Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt031994
IRS990/FundraisingGrossIncomeAmt040063
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt065212
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02050
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02050
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0186214
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt04802
IRS990/InsuranceGrp/TotalAmt04802
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0455
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0455
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt014872
IRS990/LandBldgEquipCostOrOtherBssAmt025192
IRS990/LegalDomicileStateCd0ID
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION IS TO PROMOTE BUSINESS, IMPROVE AND MAINTAIN PUBLIC AREAS, AND TO FULFILL ALL PURPOSES FOR WHICH A BUSINESS IMPROVEMENT DISTRICT MAY BE FORMED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0143303
IRS990/NetAssetsOrFundBalancesEOYAmt0102352
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08069
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt010498
IRS990/OccupancyGrp/TotalAmt010498
IRS990/OfficeExpensesGrp/ProgramServicesAmt03127
IRS990/OfficeExpensesGrp/TotalAmt03127
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE & REPAIRS-PARKING
IRS990/OtherExpensesGrp/Desc1PARKING REVENUE ALLOCATION
IRS990/OtherExpensesGrp/Desc2BONUS, AWARDS, OTHER
IRS990/OtherExpensesGrp/Desc3SALES TAXES
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IRS990/OtherExpensesGrp/ProgramServicesAmt14062
IRS990/OtherExpensesGrp/ProgramServicesAmt22178
IRS990/OtherExpensesGrp/ProgramServicesAmt31303
IRS990/OtherExpensesGrp/TotalAmt061042
IRS990/OtherExpensesGrp/TotalAmt14062
IRS990/OtherExpensesGrp/TotalAmt22178
IRS990/OtherExpensesGrp/TotalAmt31303
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED INVESTMENT DEP
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-237
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-237
IRS990/OtherRevenueTotalAmt0-237
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026700
IRS990/OtherSalariesAndWagesGrp/TotalAmt026700
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06088
IRS990/PayrollTaxesGrp/TotalAmt06088
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FINANCE CHARGE
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PARKING
IRS990/ProgramServiceRevenueGrp/Desc3SIGN INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165536
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165536
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29625
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt051899
IRS990/PYGrantsAndSimilarPaidAmt06260
IRS990/PYInvestmentIncomeAmt0874
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt048234
IRS990/PYOtherRevenueAmt010353
IRS990/PYProgramServiceRevenueAmt073020
IRS990/PYRevenuesLessExpensesAmt010709
IRS990/PYSalariesCompEmpBnftPaidAmt070943
IRS990/PYTotalExpensesAmt0125437
IRS990/PYTotalRevenueAmt0136146
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-40951
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0143303
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0102352
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0126408
IRS990/SavingsAndTempCashInvstGrp/EOYAmt087185
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt014872
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010320
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025192
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014872
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.12$1.29$4.40$4.05$0.34
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.10$0.94$4.67$4.29$0.38
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.09$0.56$5.70$5.64$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.08$0.50$3.97$4.61$0.64
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.06$1.14$4.20$3.73$0.47
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.29$0.66$3.38$3.29$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.22$0.57$2.05$2.51$0.46
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.30$1.02$1.54$1.95$0.41
2017Detailed filing. Detailed filing data is available for this year.$1.50$0.07$1.43$1.36$1.25$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.40$0.07$1.33$1.12$1.22$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.52$0.10$1.43$1.05$1.23$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.66$0.05$1.61$1.11$0.97$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.04$1.46$1.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.03$1.30$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.04$1.13$0.96