Civic Intelligence

Downtown Everett Association

990 • Fiscal year 2014 • EIN 91-1719487

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

P O Box 748Everett, WA 98206

(425) 258-0610

Siviq Scores

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

Liabilities / Assets

54th percentile

0.01x

Higher debt load relative to assets than 54% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

57th percentile

0.01x

Higher debt load relative to revenue than 57% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

63rd percentile

7.9%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

60th percentile

7.9%

Faster asset growth than 60% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

-2.0%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$463,727

Up $33,890 (+7.9%) from 2013

Net Assets

Up

$459,179

Up $30,978 (+7.2%) from 2013

Liabilities

Up

$4,548

Up $2,912 (+178%) from 2013

Revenue

Down

$393,420

Down $8,054 (-2.0%) from 2013

Expenses

Up

$362,442

Up $49,092 (+16%) from 2013

Net Income

Down

$30,978

Down $57,146 (-65%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $279,744Liabilities 2011: $2,118Net Assets 2011: $277,6262011Assets 2012: $342,921Liabilities 2012: $2,844Net Assets 2012: $340,0772012Assets 2013: $429,837Liabilities 2013: $1,636Net Assets 2013: $428,2012013Assets 2014: $463,727Liabilities 2014: $4,548Net Assets 2014: $459,1792014Assets 2015: $498,271Liabilities 2015: $5,848Net Assets 2015: $492,4232015Assets 2016: $509,072Liabilities 2016: $9,698Net Assets 2016: $499,3742016Assets 2017: $445,833Liabilities 2017: $10,047Net Assets 2017: $435,7862017Assets 2018: $274,427Liabilities 2018: $5,867Net Assets 2018: $268,5602018Assets 2019: $256,747Liabilities 2019: $2,263Net Assets 2019: $254,4842019Assets 2020: $212,544Liabilities 2020: $2,452Net Assets 2020: $210,0922020Assets 2021: $349,595Liabilities 2021: $26,044Net Assets 2021: $323,5512021Assets 2022: $405,394Liabilities 2022: $23,215Net Assets 2022: $382,1792022Assets 2023: $469,784Liabilities 2023: $17,698Net Assets 2023: $452,0862023Assets 2024: $564,587Liabilities 2024: $25,742Net Assets 2024: $538,8452024

Highlighted filing

2014

Assets$463,727
Liabilities$4,548
Net Assets$459,179

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $378,960Expenses 2011: $323,186Net Income 2011: $55,7742011Revenue 2012: $378,986Expenses 2012: $316,535Net Income 2012: $62,4512012Revenue 2013: $401,474Expenses 2013: $313,350Net Income 2013: $88,1242013Revenue 2014: $393,420Expenses 2014: $362,442Net Income 2014: $30,9782014Revenue 2015: $395,429Expenses 2015: $360,423Net Income 2015: $35,0062015Revenue 2016: $413,490Expenses 2016: $406,539Net Income 2016: $6,9512016Revenue 2017: $417,244Expenses 2017: $481,785Net Income 2017: -$64,5412017Revenue 2018: $633,745Expenses 2018: $800,971Net Income 2018: -$167,2262018Revenue 2019: $680,501Expenses 2019: $694,577Net Income 2019: -$14,0762019Revenue 2020: $733,039Expenses 2020: $777,431Net Income 2020: -$44,3922020Revenue 2021: $883,340Expenses 2021: $769,881Net Income 2021: $113,4592021Revenue 2022: $991,645Expenses 2022: $933,017Net Income 2022: $58,6282022Revenue 2023: $1,094,353Expenses 2023: $1,024,446Net Income 2023: $69,9072023Revenue 2024: $1,172,860Expenses 2024: $1,086,102Net Income 2024: $86,7582024

Highlighted filing

2014

Revenue$393,420
Expenses$362,442
Net Income$30,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 14, 2015
Return Version
2014v5.0
Gross Receipts
$393,420
Mission and Program Overview

Mission

Advancing and growing downtown everett as a vibrant economic, cultural, and governmental center through leadership, advocacy, and the ongoing administration of a business improvement area.

The association's purpose is to upgrade everett's downtown area by cleaning and improving the security and safety in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$428,201$459,179▲ $30,978
Cash and Non-Interest-Bearing Accounts$414,922$447,917▲ $32,995
Land, Buildings, and Equipment, Net$12,665$12,316▼ $349
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$429,837$463,727▲ $33,890
Other Assets Total$2,250$3,494▲ $1,244
Liabilities
Other Liabilities$1,636$4,548▲ $2,912
Total Liabilities$1,636$4,548▲ $2,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$428,201$459,179▲ $30,978
Total Liabilities and Net Assets / Fund Balance$429,837$463,727▲ $33,890

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,527$40,200$45,727
Leasehold Improvements$6,789$12,508$19,297
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lang NelsonPresident
Craig SkotdalVice-president
Bobby ThompsonDirector
C J EbertDirector
Jim StanifordDirector
Lanie McmullinDirector
Marilyn BoeDirector
Owen BargreenSecretary
Shaun StraubTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Webber Yard Care INCStreet And Landscaping Service.PO BOX 992, Everett, WA 98206$174,804
Revenue and Support

Revenue Composition

Contributions and Grants
$196,584
Program Service Revenue
$196,240
Investment Income
$596
Other Revenue
$0
Change in Net Assets
$30,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,458
Salaries, Compensation, and Employee Benefits$136,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$125,340
Fees for Services Accounting---$15,932
Payroll Taxes---$11,644
Insurance---$3,827
Depreciation Depletion---$3,092
Office Expenses---$2,904
Fees for Services Other---$2,171
Conferences and Meetings---$319
Other Expenses---$180
All Other Expenses---$167
Total Functional Expenses$0$0$0$362,442
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
In-house lobbying only
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,548
Other Liabilities$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of the association include property and business owners located in the business improvements area (bia) of everett, wa. The bia boundries are designated by the city of everett.

Form 990, Part VI, Section A, Line 7A

Each member of the association has one vote.

Form 990, Part VI, Section A, Line 7B

Each member has a vote at each meeting.

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is distributed to each board member for review. Each member is provided a chance to comment or question the information presented thereon.

Form 990, Part VI, Section C, Line 19

Copies of governing documents and financial statements are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Downtown Everett Association
EIN
91-1719487
Phone
4252580610
Address
P O BOX 748, EVERETT, WA 98206

Signing Officer

Name
Lang Nelson
Title
President
Phone
4252580610
Signed
2015-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lang Nelson
Formed
1982
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
9

Preparer

Firm
Hascal Sjoholm and Company Pllc
Address
PO BOX 1188, EVERETT, WA 98206-1188
Preparer
Richard L Anderson CPA
Phone
4252523173
Raw XML Appendix345 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE ASSOCIATION INCLUDE PROPERTY AND BUSINESS OWNERS LOCATED IN THE BUSINESS IMPROVEMENTS AREA (BIA) OF EVERETT, WA. THE BIA BOUNDRIES ARE DESIGNATED BY THE CITY OF EVERETT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE ASSOCIATION HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH MEMBER HAS A VOTE AT EACH MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER FOR REVIEW. EACH MEMBER IS PROVIDED A CHANCE TO COMMENT OR QUESTION THE INFORMATION PRESENTED THEREON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0429837
IRS990/TotalAssetsEOYAmt0463727
IRS990/TotalAssetsGrp/BOYAmt0429837
IRS990/TotalAssetsGrp/EOYAmt0463727
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0196584
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt0362442
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01636
IRS990/TotalLiabilitiesEOYAmt04548
IRS990/TotalLiabilitiesGrp/BOYAmt01636
IRS990/TotalLiabilitiesGrp/EOYAmt04548
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0428201
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0459179
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt05
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt05
IRS990/TotalProgramServiceRevenueAmt0196240
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0596
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0196240
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0393420
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0429837
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0463727
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 748
IRS990/USAddress/CityNm0EVERETT
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098206
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0DOWNTOWNEVERETTWA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LANG NELSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04252580610
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN EVERETT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0911719487
ReturnHeader/Filer/PhoneNum04252580610
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 748
ReturnHeader/Filer/USAddress/CityNm0EVERETT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098206
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262293730
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HASCAL SJOHOLM AND COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1188
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EVERETT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0982061188
ReturnHeader/PreparerPersonGrp/PhoneNum04252523173
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD L ANDERSON CPA
ReturnHeader/ReturnTs02015-08-28T15:18:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.03$0.54$1.17$1.09$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.02$0.45$1.09$1.02$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.02$0.38$0.99$0.93$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.03$0.32$0.88$0.77$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.73$0.78$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.25$0.68$0.69$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.01$0.27$0.63$0.80$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.01$0.44$0.42$0.48$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.01$0.50$0.41$0.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.40$0.36$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.39$0.36$0.03
2013Summary only. Only limited summary data is available for this year.$0.43$0.00$0.43$0.40$0.31$0.09
2012Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$0.38$0.32$0.06
2011Summary only. Only limited summary data is available for this year.$0.28$0.00$0.28$0.38$0.32$0.06