Civic Intelligence

The Lodo District Inc.

990 • Fiscal year 2014 • EIN 84-1075606

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 14, 2015

1616 17th Street Suite 478Denver, CO 80202

(303) 628-5428

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

91st percentile

$46,587

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 22.3% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

75th percentile

25%

Faster asset growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$113,108

Up $22,807 (+25%) from 2013

Net Assets

Up

$110,771

Up $21,214 (+24%) from 2013

Liabilities

Up

$2,337

Up $1,593 (+214%) from 2013

Revenue

Up

$209,318

Up $40,881 (+24%) from 2013

Expenses

Up

$188,104

Up $25,873 (+16%) from 2013

Net Income

Up

$21,214

Up $15,008 (+242%) from 2013

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $76,563Liabilities 2011: $02011Assets 2012: $84,295Liabilities 2012: $9442012Assets 2013: $90,301Liabilities 2013: $744Net Assets 2013: $89,5572013Assets 2014: $113,108Liabilities 2014: $2,337Net Assets 2014: $110,7712014Assets 2015: $126,027Liabilities 2015: $13,817Net Assets 2015: $112,2102015Assets 2016: $130,306Liabilities 2016: $10,189Net Assets 2016: $120,1172016Assets 2017: $123,196Liabilities 2017: $1,885Net Assets 2017: $121,3112017Assets 2018: $121,707Liabilities 2018: $4,660Net Assets 2018: $117,0472018Assets 2019: $107,987Liabilities 2019: $2,071Net Assets 2019: $105,9162019Assets 2020: $96,018Liabilities 2020: $12,870Net Assets 2020: $83,1482020Assets 2021: $70,658Liabilities 2021: $2,075Net Assets 2021: $68,5832021Assets 2022: $77,096Liabilities 2022: $2,073Net Assets 2022: $75,0232022

Highlighted filing

2014

Assets$113,108
Liabilities$2,337
Net Assets$110,771

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $122,454Expenses 2011: $123,034Net Income 2011: -$5802011Revenue 2012: $136,504Expenses 2012: $129,716Net Income 2012: $6,7882012Revenue 2013: $168,437Expenses 2013: $162,231Net Income 2013: $6,2062013Revenue 2014: $209,318Expenses 2014: $188,104Net Income 2014: $21,2142014Revenue 2015: $156,217Expenses 2015: $154,778Net Income 2015: $1,4392015Revenue 2016: $95,065Expenses 2016: $86,809Net Income 2016: $8,2562016Revenue 2017: $118,859Expenses 2017: $117,665Net Income 2017: $1,1942017Revenue 2018: $108,946Expenses 2018: $113,210Net Income 2018: -$4,2642018Revenue 2019: $87,625Expenses 2019: $98,756Net Income 2019: -$11,1312019Revenue 2020: $70,720Expenses 2020: $93,488Net Income 2020: -$22,7682020Revenue 2021: $81,826Expenses 2021: $102,619Net Income 2021: -$20,7932021Revenue 2022: $106,638Expenses 2022: $97,809Net Income 2022: $8,8292022

Highlighted filing

2014

Revenue$209,318
Expenses$188,104
Net Income$21,214
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 14, 2015
Return Version
2014v5.0
Gross Receipts
$242,144
Mission and Program Overview

Mission

The lodo district inc. Is a membership organization that supports denver's lower downtown "lodo" neighbnorhood and its historic and mixed-use character through advocacy, education, and promotion.

The lodo district, inc. Is a membership organization that supports lower downtown denver's unique, historical, cultural, and retail neighborhood through marketing, education, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,001$110,393▲ $20,392
Accounts Receivable$300$2,715▲ $2,415
Total Assets$90,301$113,108▲ $22,807
Liabilities
Accounts Payable and Accrued Expenses$744$2,337▲ $1,593
Total Liabilities$744$2,337▲ $1,593
Net Assets / Fund Balance
Unrestricted Net Assets$89,557$110,771▲ $21,214
Total Net Assets Fund Balance$89,557$110,771▲ $21,214
Total Liabilities and Net Assets / Fund Balance$90,301$113,108▲ $22,807
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Holly BarrettPast Executive DirectorFT$46,587$46,587
Ryan KingExecutive DirectorFT$17,731$17,731

Board Members and Trustees

NameTitle
Laurie HelmickChair
Blake AdamsVice Chair
Anthony MarzianoDirector
Barb WeiskeDirector
Bill ChrismerDirector
Chris ShearsDirector
Christian HendricksonDirector
Ellen WilenskyDirector
Fabby HillyardDirector
Helen WoodDirector
Jarrod PerrottDirector
Jim GraebnerDirector
Jim KelloggDirector
Jim KirchheimerDirector
Joel MartinDirector
John ImbergamoDirector
Jolon ClarkDirector
Karin PalmerDirector
Katrina BochyDirector
Laura HuffDirector
Matt MahoneyDirector
Mike LamairDirector
Noel HickeyDirector
Terry HersheyDirector
Lisa MaySecretary
Dave MischellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,990
Program Service Revenue
$92,618
Investment Income
$69
Other Revenue
$60,641
All Other Contributions
$55,990
Change in Net Assets
$21,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$103,784
Other Expenses$84,320
Total Fundraising Expense$31,231
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$32,158$16,080$16,080$64,318
Other Salaries and Wages$15,000$7,500$7,500$30,000
Payroll Taxes$4,125$2,063$2,063$8,251
Occupancy-$3,448$3,447$6,895
Fees for Services Accounting-$4,520-$4,520
Office Expenses$979$1,959$979$3,917
Other Expenses$3,181$858$858$3,181
All Other Expenses$2,472--$2,472
Insurance$2,451--$2,451
Advertising$1,608--$1,608
Information Technology$1,250--$1,250
Other Employee Benefits$607$304$304$1,215
Total Functional Expenses$120,141$36,732$31,231$188,104
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$93,467
Fundraising Direct Expenses$32,826
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$37,634$37,634$18,960$18,674
Lodo Bites$20,432$20,432$804$19,628
Total Events$93,467$93,467$32,826$60,641
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A draft copy of the form 990 is made available to all board members prior to filing the return

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to all parties upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Lodo District Inc
EIN
84-1075606
Address
1616 17TH STREET SUITE 478, DENVER, CO 80202

Signing Officer

Name
Ryan King
Title
Executive Director
Signed
2015-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan King
Formed
1987
Legal Domicile
Co
Voting Board Members
27
Independent Board Members
27
Employees
3
Volunteers
25

Preparer

Firm
Amy Petersen CPA LLC
Address
1720 SOUTH BELLAIRE ST SUITE 710, DENVER, CO 80222
Phone
3037968766
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Meals and entertainment: program service expenses 1,714. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,714. Dues and subscriptions: program service expenses 533. Management and general expenses 0. Fundraising expenses 0. Total expenses 533. License and permits: program service expenses 120. Management and general expenses 0. Fundraising expenses 0. Total expenses 120. Other program costs: program service expenses 105. Management and general expenses 0. Fundraising expenses 0. Total expenses 105.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27PAST EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt032826
IRS990/FundraisingGrossIncomeAmt093467
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0242144
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01250
IRS990/InformationTechnologyGrp/TotalAmt01250
IRS990/InsuranceGrp/ProgramServicesAmt02451
IRS990/InsuranceGrp/TotalAmt02451
IRS990/InvestmentIncomeGrp/ExclusionAmt069
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE LODO DISTRICT, INC. IS A MEMBERSHIP ORGANIZATION THAT SUPPORTS LOWER DOWNTOWN DENVER'S UNIQUE, HISTORICAL, CULTURAL, AND RETAIL NEIGHBORHOOD THROUGH MARKETING, EDUCATION, AND ADVOCACY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt089557
IRS990/NetAssetsOrFundBalancesEOYAmt0110771
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt060641
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt060641
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03447
IRS990/OccupancyGrp/ManagementAndGeneralAmt03448
IRS990/OccupancyGrp/TotalAmt06895
IRS990/OfficeExpensesGrp/FundraisingAmt0979
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01959
IRS990/OfficeExpensesGrp/ProgramServicesAmt0979
IRS990/OfficeExpensesGrp/TotalAmt03917
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0304
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0304
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0607
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01215
IRS990/OtherExpensesGrp/Desc0LODO CARES EXPENSES
IRS990/OtherExpensesGrp/Desc1LODO AGLOW EXPENSES
IRS990/OtherExpensesGrp/Desc2BANK AND CREDIT CARD FE
IRS990/OtherExpensesGrp/Desc3PROF DEVLP/INTERNL MTGS
IRS990/OtherExpensesGrp/FundraisingAmt0858
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0858
IRS990/OtherExpensesGrp/ProgramServicesAmt046261
IRS990/OtherExpensesGrp/ProgramServicesAmt18333
IRS990/OtherExpensesGrp/ProgramServicesAmt21716
IRS990/OtherExpensesGrp/ProgramServicesAmt33181
IRS990/OtherExpensesGrp/TotalAmt046261
IRS990/OtherExpensesGrp/TotalAmt18333
IRS990/OtherExpensesGrp/TotalAmt23432
IRS990/OtherExpensesGrp/TotalAmt33181
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07500
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015000
IRS990/OtherSalariesAndWagesGrp/TotalAmt030000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02063
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02063
IRS990/PayrollTaxesGrp/ProgramServicesAmt04125
IRS990/PayrollTaxesGrp/TotalAmt08251
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RYAN KING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt084450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt084450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18168
IRS990/ProgSrvcAccomActy2Grp/Desc0THE PHILANTHROPIC ARM OF THE ORGANIZATION, THE LODO CARES PROGRAM, SUPPORTS SERVICE BY MEMBERS OF THE DISTRICT THROUGH FOOD AND HYGIENE PRODUCT DRIVES, VOLUNTEER ACTIVITIES, COMMUNITY EDUCATION, AND OTHER SMALL LOCAL ACTIVITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046261
IRS990/ProgSrvcAccomActy3Grp/Desc0MAINTAINING A WEB SITE DESIGNED TO PROMOTE AWARENESS OF LODO EVENTS AND ASSETS. ALSO PUBLISHING A BI-MONTHY ELECTRONIC NEWSLETTER FEATURING ISSUES IMPORTANT TO THE NEIGHBOROOD.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01608
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SPONSORING LODO AGLOW, A WINDOW DESIGN CONTEST FOR LOCAL BUSINESS OWNERS, DESIGNERS AND ART STUDENTS TO LET THEIR IMAGINATIONS RUN WILD IN CREATING HOLIDAY THEMED WINDOW ART IN LOWER DOWNTOWN.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt08333
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt08168
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt036764
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt077
IRS990/PYOtherExpensesAmt068656
IRS990/PYOtherRevenueAmt062485
IRS990/PYProgramServiceRevenueAmt069111
IRS990/PYRevenuesLessExpensesAmt06206
IRS990/PYSalariesCompEmpBnftPaidAmt093575
IRS990/PYTotalExpensesAmt0162231
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0168437
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt021214
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00

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