Civic Intelligence

Port Townsend Main Street Program

990 • Fiscal year 2019 • EIN 91-1285016

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

211 Taylor St Ste 3Port Townsend, WA 98368

(360) 385-7911

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

46th percentile

-1.5%

Faster revenue growth than 46% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$292,731

Up $40,079 (+16%) from 2018

Net Assets

Up

$287,232

Up $41,935 (+17%) from 2018

Liabilities

Down

$5,499

Down $1,856 (-25%) from 2018

Revenue

Down

$198,731

Down $3,025 (-1.5%) from 2018

Expenses

Down

$156,796

Down $32,625 (-17%) from 2018

Net Income

Up

$41,935

Up $29,600 (+240%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $57,458Liabilities 2010: $17,367Net Assets 2010: $40,0912010Assets 2011: $65,632Liabilities 2011: $19,464Net Assets 2011: $46,1682011Assets 2012: $122,994Liabilities 2012: $14,503Net Assets 2012: $108,4912012Assets 2013: $170,324Liabilities 2013: $15,281Net Assets 2013: $155,0432013Assets 2014: $195,650Liabilities 2014: $16,455Net Assets 2014: $179,1952014Assets 2015: $214,811Liabilities 2015: $14,045Net Assets 2015: $200,7662015Assets 2016: $179,462Liabilities 2016: $3,214Net Assets 2016: $176,2482016Assets 2017: $236,841Liabilities 2017: $3,879Net Assets 2017: $232,9622017Assets 2018: $252,652Liabilities 2018: $7,355Net Assets 2018: $245,2972018Assets 2019: $292,731Liabilities 2019: $5,499Net Assets 2019: $287,2322019Assets 2020: $359,904Liabilities 2020: $3,727Net Assets 2020: $356,1772020Assets 2021: $340,404Liabilities 2021: $3,885Net Assets 2021: $336,5192021Assets 2022: $405,672Liabilities 2022: $1,436Net Assets 2022: $404,2362022Assets 2023: $458,005Liabilities 2023: $1,436Net Assets 2023: $456,5692023Assets 2024: $475,457Liabilities 2024: $1,436Net Assets 2024: $474,0212024

Highlighted filing

2019

Assets$292,731
Liabilities$5,499
Net Assets$287,232

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $99,188Expenses 2010: $86,367Net Income 2010: $12,8212010Revenue 2011: $86,992Expenses 2011: $80,915Net Income 2011: $6,0772011Expenses 2012: $98,9522012Revenue 2013: $164,438Expenses 2013: $117,886Net Income 2013: $46,5522013Revenue 2014: $152,731Expenses 2014: $128,579Net Income 2014: $24,1522014Revenue 2015: $165,652Expenses 2015: $144,081Net Income 2015: $21,5712015Revenue 2016: $102,616Expenses 2016: $127,134Net Income 2016: -$24,5182016Revenue 2017: $214,309Expenses 2017: $157,595Net Income 2017: $56,7142017Revenue 2018: $201,756Expenses 2018: $189,421Net Income 2018: $12,3352018Revenue 2019: $198,731Expenses 2019: $156,796Net Income 2019: $41,9352019Revenue 2020: $251,474Expenses 2020: $182,529Net Income 2020: $68,9452020Revenue 2021: $286,252Expenses 2021: $305,538Net Income 2021: -$19,2862021Revenue 2022: $325,531Expenses 2022: $257,814Net Income 2022: $67,7172022Revenue 2023: $347,183Expenses 2023: $294,850Net Income 2023: $52,3332023Revenue 2024: $381,747Expenses 2024: $364,295Net Income 2024: $17,4522024

Highlighted filing

2019

Revenue$198,731
Expenses$156,796
Net Income$41,935
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$315,553
Mission and Program Overview

Mission

HISTORICAL PRESERVATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$119,284$157,219▲ $37,935
Savings and Temporary Cash Investments$123,444$133,077▲ $9,633
Accounts Receivable$5,816$1,583▼ $4,233
Land, Buildings, and Equipment, Net$4,108$852▼ $3,256
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$252,652$292,731▲ $40,079
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,355$5,499▼ $1,856
Total Liabilities$7,355$5,499▼ $1,856
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$245,297$287,232▲ $41,935
Total Net Assets Fund Balance$245,297$287,232▲ $41,935
Total Liabilities and Net Assets / Fund Balance$252,652$292,731▲ $40,079

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$752$14,255$15,007
Equipment$100$3,325$3,425
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sandy SpencerPresident
Kevin PrimeVice President
Amber BartlDirector
Kris NelsonDirector
Nathan BarnettDirector
Pat LouderbackDirector
Simon LittleDirector
Sue ArthurDirector
Wendy DuedeSecretary
Jan CarterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,706
Program Service Revenue
$114,470
Investment Income
$1,063
Other Revenue
$59,492
All Other Contributions
$23,473
Change in Net Assets
$41,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$125,799
Other Expenses$29,997
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,578$19,620-$105,198
Other Employee Benefits$11,389$2,672-$14,061
Payroll Taxes$4,520$1,060-$5,580
Office Expenses$1,072$4,282-$5,354
Insurance-$4,454-$4,454
Occupancy$3,420$180-$3,600
Depreciation Depletion$3,256--$3,256
Travel$2,644--$2,644
All Other Expenses$2,032$347-$2,379
Other Expenses$1,333$1,118-$1,333
Grants to Domestic Orgs$1,000--$1,000
Pension Plan Contributions$912$48-$960
Advertising$360--$360
Interest-$159-$159
Total Functional Expenses$122,856$33,940$0$156,796
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$176,314
Fundraising Direct Expenses$116,822
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Var Spec Ev$176,314$176,314$116,822$59,492
Total Events$176,314$176,314$116,822$59,492
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Yes
Backup withholding compliance
Yes
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
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, Line 11B: Form 990 Review Process

The board of directors reviews the tax return prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The subject of conflicts of interest is brought up at board meetings.

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

All governing documents, policies and financial information are available upon request.

Filing and Contact Details

Filer

Filer Name
Port Townsend Main Street Program
EIN
91-1285016
Phone
3603857911
Address
211 TAYLOR ST STE 3, PORT TOWNSEND, WA 98368

Signing Officer

Name
Sandy Spencer
Title
President
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandy Spencer
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
25

Preparer

Firm
Gooding OHara & Mackey PS CPAs
Address
242 Taylor Street, Port Townsend, WA 98368
Preparer
ALDRYTH O'HARA
Phone
3603851040
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019620
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt085578
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105198
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01060
IRS990/PayrollTaxesGrp/ProgramServicesAmt04520
IRS990/PayrollTaxesGrp/TotalAmt05580
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt048
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0912
IRS990/PensionPlanContributionsGrp/TotalAmt0960
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SANDY SPENCER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0B & O TAX INCENTIVE PROGR
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0100000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114470
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071452
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0397
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt068209
IRS990/PYOtherRevenueAmt017597
IRS990/PYProgramServiceRevenueAmt0112310
IRS990/PYRevenuesLessExpensesAmt012335
IRS990/PYSalariesCompEmpBnftPaidAmt0121212
IRS990/PYTotalExpensesAmt0189421
IRS990/PYTotalRevenueAmt0201756
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt041935
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123444
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0133077
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0138176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0183762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0195129
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt075276
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0144714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0737057
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01063
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0397
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt087
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0251
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0192
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01990
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0176314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0104643
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0102566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt081264
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt069065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0533852
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01063
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt087
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0251
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0192
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01990
IRS990ScheduleA/InvestmentIncomeCYPct00.00160
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99840
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt01270909
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0314490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0288405
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0297695
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0156540
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0213779
IRS990ScheduleA/Total509Grp/TotalAmt01270909
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0315553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0288802
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0297782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0156791
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0213971
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01272899
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03325
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03425
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0752
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014255
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015007
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0852
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0116822
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VAR SPEC EV
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0176314
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0176314
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0176314
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0176314
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt059492
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0116822
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0116822
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SUBJECT OF CONFLICTS OF INTEREST IS BROUGHT UP AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$0.01$4.74$3.82$3.64$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.58$0.01$4.57$3.47$2.95$0.52
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.01$4.04$3.26$2.58$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$0.04$3.37$2.86$3.06$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.04$3.56$2.51$1.83$0.69
2019Detailed filing. Detailed filing data is available for this year.$2.93$0.05$2.87$1.99$1.57$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.07$2.45$2.02$1.89$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.04$2.33$2.14$1.58$0.57
2016Detailed filing. Detailed filing data is available for this year.$1.79$0.03$1.76$1.03$1.27$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.14$2.01$1.66$1.44$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.96$0.16$1.79$1.53$1.29$0.24
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.15$1.55$1.64$1.18$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.15$1.08$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.19$0.46$0.87$0.81$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.17$0.40$0.99$0.86$0.13