Civic Intelligence

Uptown Partnership

EIN 84-4706780 • 501(c)3 • Martinsville, VA

Profile

Increase the stock of high quality housing champion the development of diverse businesses, dining and entertainment options support the rehabilitation of existing buildings build a vibrant community identity with support and frequent communication

42 Franklin StreetMartinsville, VA 24112

www.uptownpartnership.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

45%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

82nd percentile

41%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$254,560

Up $79,009 (+45%) from 2023

Liabilities

Up

$27,703

Up $27,703 from 2023

Net Assets

Up

$226,857

Up $51,306 (+29%) from 2023

Revenue

Up

$202,249

Up $58,734 (+41%) from 2023

Expenses

Up

$152,118

Up $28,390 (+23%) from 2023

Net Income

Up

$50,131

Up $30,344 (+153%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2020: $60Liabilities 2020: $0Net Assets 2020: $602020Assets 2021: $89,730Liabilities 2021: $0Net Assets 2021: $89,7302021Assets 2022: $155,764Liabilities 2022: $0Net Assets 2022: $155,7642022Assets 2023: $175,551Liabilities 2023: $0Net Assets 2023: $175,5512023Assets 2024: $254,560Liabilities 2024: $27,703Net Assets 2024: $226,8572024

Highlighted filing

2024

Assets$254,560
Liabilities$27,703
Net Assets$226,857

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2020: $60Expenses 2020: $0Net Income 2020: $602020Revenue 2021: $248,334Expenses 2021: $158,604Net Income 2021: $89,7302021Revenue 2022: $380,866Expenses 2022: $314,832Net Income 2022: $66,0342022Revenue 2023: $143,515Expenses 2023: $123,728Net Income 2023: $19,7872023Revenue 2024: $202,249Expenses 2024: $152,118Net Income 2024: $50,1312024

Highlighted filing

2024

Revenue$202,249
Expenses$152,118
Net Income$50,131

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$202,249
Mission and Program Overview

Mission

The objective is to ensure long-term viability of the martinsville central business area as a center of commerce and a source of civic activity and pride by attracting new businesses and residents while promoting martinsvilles quality of life.

Increase the stock of high quality housing. Champion the development of diverse businesses, dining and entertainment options. To support therehabilitation of existing buildings and build a vibrant community identity with support and frequent communication.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$128,325$221,402▲ $93,077
Cash and Non-Interest-Bearing Accounts$47,226$4,280▼ $42,946
Total Assets$175,551$254,560▲ $79,009
Other Assets Total$0$28,878▲ $28,878
Liabilities
Other Liabilities$0$27,703▲ $27,703
Total Liabilities$0$27,703▲ $27,703
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$175,551$176,857▲ $1,306
Net Assets With Donor Restrictions-$50,000-
Total Net Assets Fund Balance$175,551$226,857▲ $51,306
Total Liabilities and Net Assets / Fund Balance$175,551$254,560▲ $79,009

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$27,703--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Spencer KogerExecutive DirectorFT$62,000$62,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$199,635
Program Service Revenue
$0
Investment Income
$2,614
Other Revenue
$0
All Other Contributions
$134,635
Change in Net Assets
$50,131

Audited Revenue Reconciliation

Revenue per Audited Statements
$202,249
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$202,249
Total Revenue per Form 990
$202,249
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$77,543
Other Expenses$74,575
Total Fundraising Expense$7,554
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$43,400$15,500$3,100$62,000
Payroll Taxes$10,880$3,886$777$15,543
Occupancy-$14,400-$14,400
Fees for Services Accounting-$10,600-$10,600
Conferences and Meetings-$10,303-$10,303
Office Expenses-$4,879-$4,879
Advertising-$3,280-$3,280
Fees for Services Other-$1,319-$1,319
Travel-$1,226-$1,226
Other Expenses$13,873$1,114$3,677$1,114
All Other Expenses-$745-$745
Insurance-$389-$389
Total Functional Expenses$68,153$76,411$7,554$152,118

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$152,118
Total Expenses per Audited Statements$152,118
Total Expenses per Form 990$152,118
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating$27,703
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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 11B

No review will be conducted.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed annually with all board members, who then sign in agreement.

Form 990, Part VI, Section B, Line 15

The board uses an established pay scale which was confirmed by the board for the executive director position.

Form 990, Part VI, Section C, Line 18

Documents are available to the public by request.

Form 990, Part VI, Section C, Line 19

The executive director has possession of the documents and will provide copies of the documents if requests are made.

Filing and Contact Details

Filer

Filer Name
Uptown Partnership
EIN
84-4706780
Phone
2762263008
Address
42 FRANKLIN STREET, MARTINSVILLE, VA 24112
Doing Business As
Uptown Partnership

Signing Officer

Name
Spencer Koger
Title
Executive Director
Phone
2762263008
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Spencer Koger
Formed
2020
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
1
Volunteers
16

Preparer

Firm
HARRIS HARVEY NEAL & COLLPCPA'S
Address
PO BOX 3424, DANVILLE, VA 24543-3424
Preparer
George a Brooks CPA
Phone
4347923220
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization has changed its 990 accounting method to the accrual method following fasb asc 958 to conform to its audited financial statements.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SPENCER KOGER
IRS990/PriorPeriodAdjustmentsAmt01175
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0143515
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt066271
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt019787
IRS990/PYSalariesCompEmpBnftPaidAmt057257
IRS990/PYTotalExpensesAmt0123728
IRS990/PYTotalProfFndrsngExpnsAmt0200
IRS990/PYTotalRevenueAmt0143515
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt050131
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0128325
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0221402
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0199635
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0380866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0248334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0843691
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01437
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04051
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0843691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0199635
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0380866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0248334
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0843691
IRS990ScheduleA/TotalSupportAmt0847742
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0152118
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01175
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt127703
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSET - LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY - OPERATING
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0202249
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt028878
IRS990ScheduleD/TotalExpensesPerForm990Amt0152118
IRS990ScheduleD/TotalLiabilityAmt027703
IRS990ScheduleD/TotalRevenuePerForm990Amt0202249
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0202249
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0152118
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH ALL BOARD MEMBERS, WHO THEN SIGN IN AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD USES AN ESTABLISHED PAY SCALE WHICH WAS CONFIRMED BY THE BOARD FOR THE EXECUTIVE DIRECTOR POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR HAS POSSESSION OF THE DOCUMENTS AND WILL PROVIDE COPIES OF THE DOCUMENTS IF REQUESTS ARE MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS CHANGED ITS 990 ACCOUNTING METHOD TO THE ACCRUAL METHOD FOLLOWING FASB ASC 958 TO CONFORM TO ITS AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0175551
IRS990/TotalAssetsEOYAmt0254560
IRS990/TotalAssetsGrp/BOYAmt0175551
IRS990/TotalAssetsGrp/EOYAmt0254560
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0199635
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07554
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076411
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068153
IRS990/TotalFunctionalExpensesGrp/TotalAmt0152118
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt027703
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt027703
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0175551
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0226857
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt068153
IRS990/TotalReportableCompFromOrgAmt062000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02614

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