Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Economic Development Foundation of Greater Reno-Tahoe
990EZ • Fiscal year 2017 • EIN 88-0509413
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$19,544
Down $41,583 (-68%) from 2016
Net Assets
Down$19,544
Down $41,583 (-68%) from 2016
Liabilities
Flat$0
Flat from 2016
Revenue And Expenses
Revenue
Down$5,858
Down $65,540 (-92%) from 2016
Expenses
Up$47,441
Up $30,859 (+186%) from 2016
Net Income
Down-$41,583
Down $96,399 (-176%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2016 to Jun 30, 2017
- Signed
- Nov 13, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $5,858
Mission and Program Overview
Mission
This tax exempt corporation is organized and operated exclusively for charitable, educational, scientific, literary, and eleemosynary objects and purposes within the meaning of 501(c)(3) of the code and to promote such other qualified charitable objects and purposes within the meaning of 501(c)(3) of the code, as determined by the board in its discretion and as set forth in the articles of incorporation. The specific and primary purposes for which the corporation is organized and for which it shall be exclusively administered and operated shall be to educate visitors, businesses and local citizens about economic advancement, growth and regional economic development opportunities. These objectives are accomplished through the fostering of improved quality of life standards and sustainability.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDAWN FOUNDATION WORKED WITH THE RENO ARCH PARK FUND TO PROVIDE SUPPORT WITH PROCESSING ACCOUNTS PAYABLE REQUESTS. IT ALSO SERVED THE COMMUNITY WITH A TAXI CAB CAMPAIGN TO PROMOTE THE REGION AS A SERIOUS DESTINATION, AND ALSO WORKED WITH AMS PLANNING & RESEARCH CORP TO PERFORM A COMMUNITY STUDY FOR A POSSIBLE NEW PERFORMING ARTS CENTER. | $0 | $47,234 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL J KAZMIERSKI | President/CEO | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Economic Development Foundation
- EIN
- 88-0509413
- Phone
- 7758293700
- Address
- 5190 NEIL ROAD NO 110, RENO, NV 89502
Signing Officer
- Name
- Mike Kazmierski
- Title
- President/CEO
- Phone
- 7758293700
- Signed
- 2017-11-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- The CFO Group Inc
- Address
- 50 WASHINGTON STREET SUITE 101, RENO, NV 89503
- Preparer
- Tanya Mccaffery
- Phone
- 7753597600
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank service charges. Amount: 207. Description: program expenses. Amount: 47,234. Total to form 990-ez, line 16: 47,441.”
Raw XML Appendix118 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7758293700 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5190 NEIL RD STE 110 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RENO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NV |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 89502 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 61127 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 19544 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5858 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -41583 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 61127 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 19544 |
| IRS990EZ/GrossReceiptsAmt | 0 | 5858 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 61127 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 19544 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 61127 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 19544 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MICHAEL J KAZMIERSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 47441 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THIS TAX EXEMPT CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, LITERARY, AND ELEEMOSYNARY OBJECTS AND PURPOSES WITHIN THE MEANING OF 501(C)(3) OF THE CODE AND TO PROMOTE SUCH OTHER QUALIFIED CHARITABLE OBJECTS AND PURPOSES WITHIN THE MEANING OF 501(C)(3) OF THE CODE, AS DETERMINED BY THE BOARD IN ITS DISCRETION AND AS SET FORTH IN THE ARTICLES OF INCORPORATION. THE SPECIFIC AND PRIMARY PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED AND FOR WHICH IT SHALL BE EXCLUSIVELY ADMINISTERED AND OPERATED SHALL BE TO EDUCATE VISITORS, BUSINESSES AND LOCAL CITIZENS ABOUT ECONOMIC ADVANCEMENT, GROWTH AND REGIONAL ECONOMIC DEVELOPMENT OPPORTUNITIES. THESE OBJECTIVES ARE ACCOMPLISHED THROUGH THE FOSTERING OF IMPROVED QUALITY OF LIFE STANDARDS AND SUSTAINABILITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDAWN FOUNDATION WORKED WITH THE RENO ARCH PARK FUND TO PROVIDE SUPPORT WITH PROCESSING ACCOUNTS PAYABLE REQUESTS. IT ALSO SERVED THE COMMUNITY WITH A TAXI CAB CAMPAIGN TO PROMOTE THE REGION AS A SERIOUS DESTINATION, AND ALSO WORKED WITH AMS PLANNING & RESEARCH CORP TO PERFORM A COMMUNITY STUDY FOR A POSSIBLE NEW PERFORMING ARTS CENTER. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 47234 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 47441 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 47234 |
| IRS990EZ/TotalRevenueAmt | 0 | 5858 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | NONE |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5858 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 71398 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 77256 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 77256 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5858 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 71398 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 77256 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 77256 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 207. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 47,234. TOTAL TO FORM 990-EZ, LINE 16: 47,441. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2018-03-14 21:41:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MIKE KAZMIERSKI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7758293700 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ECONOMIC DEVELOPMENT FOUNDATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | OF GREATER RENO-TAHOE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ECON |
| ReturnHeader/Filer/EIN | 0 | 880509413 |
| ReturnHeader/Filer/PhoneNum | 0 | 7758293700 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5190 NEIL ROAD NO 110 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RENO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NV |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 89502 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 5B4368F7303DE4B5119BDF839ECF2108B7BFA34D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 5B4368F7303DE4B5119BDF839ECF2108B7BFA34D |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 74.118.153.57 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-11-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | PS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:42:06 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 300085215 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | THE CFO GROUP INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 50 WASHINGTON STREET SUITE 101 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RENO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NV |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 89503 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7753597600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TANYA MCCAFFERY |
| ReturnHeader/ReturnTs | 0 | 2017-11-13T17:48:40-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-06-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $19,544
- Liabilities
- $0
- Net assets
- $19,544
- Revenue
- $5,858
- Expenses
- $47,441
- Net income
- -$41,583