Civic Intelligence

Astoria Downtown Development Association

990 • Fiscal year 2022 • EIN 93-0878314

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

PO Box 261Astoria, OR 97103

(503) 791-7940

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

32nd percentile

-4.8%

Higher net margin than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

94th percentile

$56,500

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

36th percentile

-6.1%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

7.3%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$328,763

Down $21,384 (-6.1%) from 2021

Net Assets

Down

$327,897

Down $16,983 (-4.9%) from 2021

Liabilities

Down

$866

Down $4,401 (-84%) from 2021

Revenue

Up

$357,264

Up $24,441 (+7.3%) from 2021

Expenses

Up

$374,247

Up $113,606 (+44%) from 2021

Net Income

Down

-$16,983

Down $89,165 (-124%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2012: $75,530Liabilities 2012: $0Net Assets 2012: $75,5302012Assets 2013: $63,986Liabilities 2013: $0Net Assets 2013: $63,9862013Assets 2014: $78,484Liabilities 2014: $0Net Assets 2014: $78,4842014Assets 2015: $93,778Liabilities 2015: $1,825Net Assets 2015: $91,9532015Assets 2016: $327,012Liabilities 2016: $172,173Net Assets 2016: $154,8392016Assets 2017: $354,653Liabilities 2017: $172,084Net Assets 2017: $182,5692017Assets 2018: $373,443Liabilities 2018: $172,084Net Assets 2018: $201,3592018Assets 2019: $141,942Liabilities 2019: $2,405Net Assets 2019: $139,5372019Assets 2020: $290,499Liabilities 2020: $17,801Net Assets 2020: $272,6982020Assets 2021: $350,147Liabilities 2021: $5,267Net Assets 2021: $344,8802021Assets 2022: $328,763Liabilities 2022: $866Net Assets 2022: $327,8972022Assets 2023: $295,100Liabilities 2023: $2,559Net Assets 2023: $292,5412023Assets 2024: $189,673Liabilities 2024: -$1,781Net Assets 2024: $191,4542024

Highlighted filing

2022

Assets$328,763
Liabilities$866
Net Assets$327,897

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $103,968Expenses 2012: $60,825Net Income 2012: $43,1432012Revenue 2013: $91,936Expenses 2013: $103,480Net Income 2013: -$11,5442013Revenue 2014: $119,541Expenses 2014: $105,043Net Income 2014: $14,4982014Revenue 2015: $127,390Expenses 2015: $113,921Net Income 2015: $13,4692015Revenue 2016: $218,999Expenses 2016: $156,113Net Income 2016: $62,8862016Revenue 2017: $238,708Expenses 2017: $210,978Net Income 2017: $27,7302017Revenue 2018: $229,116Expenses 2018: $213,662Net Income 2018: $15,4542018Revenue 2019: $222,443Expenses 2019: $256,349Net Income 2019: -$33,9062019Revenue 2020: $347,053Expenses 2020: $213,892Net Income 2020: $133,1612020Revenue 2021: $332,823Expenses 2021: $260,641Net Income 2021: $72,1822021Revenue 2022: $357,264Expenses 2022: $374,247Net Income 2022: -$16,9832022Revenue 2023: $361,977Expenses 2023: $397,422Net Income 2023: -$35,4452023Revenue 2024: $523,697Expenses 2024: $624,658Net Income 2024: -$100,9612024

Highlighted filing

2022

Revenue$357,264
Expenses$374,247
Net Income-$16,983
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$359,030
Mission and Program Overview

Mission

Promote Downtown Astoria

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$344,880$327,897▼ $16,983
Savings and Temporary Cash Investments$225,090$225,319▲ $229
Cash and Non-Interest-Bearing Accounts$111,222$93,159▼ $18,063
Land, Buildings, and Equipment, Net$13,435$9,885▼ $3,550
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$350,147$328,763▼ $21,384
Other Assets Total$400$400→ $0
Liabilities
Other Liabilities$5,267$866▼ $4,401
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,267$866▼ $4,401
Net Assets / Fund Balance
Total Net Assets Fund Balance$344,880$327,897▼ $16,983
Total Liabilities and Net Assets / Fund Balance$350,147$328,763▼ $21,384

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,885$0$9,885
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessamyn WestExecutive DirectorFT$56,500$56,500

Board Members and Trustees

NameTitle
Julie KovatchPresident
Andrew MattinglyVice President
Amanda GladicsBoard Member
Becky JohnsonBoard member
Dulcye TaylorBoard Member
Jeany BirdenoBoard Member
Leigh MortlockBoard Member
Norma HernandezBoard Member
Patsy OserBoard Member
Rachel GaetanoBoard Member
Mari RamaruiSecretary
Janet HutchingsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,276
Program Service Revenue
$181,985
Investment Income
$229
Other Revenue
$774
All Other Contributions
$127,075
Change in Net Assets
$-16,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$177,241
Other Expenses$172,006
Grants and Similar Amounts Paid$25,000
Total Fundraising Expense$18,691
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$86,864--$86,864
Current Officers, Directors, Trustees, and Key Employees$28,250$28,250-$56,500
Fees for Services Other$55,629--$55,629
Grants to Domestic Orgs$25,000--$25,000
Other Employee Benefits$15,025$2,000-$17,025
Occupancy$8,793$6,030-$14,823
Advertising$13,222$250-$13,472
Payroll Taxes$10,220$2,382-$12,602
Office Expenses$6,022$4,856$174$11,052
Travel$7,652$162-$7,814
Other Expenses$3,823$1,350$40$5,213
Information Technology$2,704$1,954-$4,658
Pension Plan Contributions$4,250--$4,250
Fees for Services Accounting-$3,770-$3,770
Conferences and Meetings$2,941$150$100$3,191
Insurance$993$992-$1,985
Total Functional Expenses$303,410$52,146$18,691$374,247
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Vintage HardwareAstoria, OR-Historic preservation$25,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fair$31,681$31,681$314$31,367
Total Events$31,681$31,681$18,691$12,990
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SNAP payable$866
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, Section B, Line 11B

The 990 was emailed to the board of directors for review and approval before submission.

Form 990, Part VI, Section C, Line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
Astoria Downtown Development Association
EIN
93-0878314
Phone
5037917940
Address
PO Box 261, Astoria, OR 97103

Signing Officer

Name
Janet Hutchings
Title
President
Phone
5037917940
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessamyn West
Formed
1986
Legal Domicile
Or
Voting Board Members
12
Independent Board Members
12
Employees
5
Volunteers
75

Preparer

Firm
Jennifer Rasmussen
Address
92076 Svensen Market Rd, Astoria, OR 97103
Preparer
Jennifer Rasmussen
Phone
5036809953
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Event contractors & musicians $35,629; Web designer $20,000

Raw XML AppendixShowing 400 of 629 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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