Civic Intelligence

Merchants of Upper Market Inc

EIN 94-2941816 • 501(c)6 • San Francisco, CA

Profile

To promote and provide service to the merchants of the upper market neighborhood of san francisco.

584 Castro Street 333San Francisco, CA 94114

www.castromerchants.com

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

89th percentile

28%

Higher net margin than 89% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

501(c)6 • $500k-$1M nonprofits • Source year 2023

Asset Growth

100th percentile

476%

Faster asset growth than 100% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

167%

Faster revenue growth than 98% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$203,167

Up $167,917 (+476%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$203,167

Up $167,917 (+476%) from 2022

Revenue

Up

$600,890

Up $376,210 (+167%) from 2022

Expenses

Up

$432,973

Up $177,787 (+70%) from 2022

Net Income

Up

$167,917

Up $198,423 (+650%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $47,418Liabilities 2011: $02011Assets 2012: $68,017Liabilities 2012: $0Net Assets 2012: $68,0172012Assets 2013: $71,886Liabilities 2013: $0Net Assets 2013: $71,8862013Assets 2014: $87,962Liabilities 2014: $0Net Assets 2014: $87,9622014Assets 2015: $78,272Net Assets 2015: $78,2722015Assets 2016: $75,767Net Assets 2016: $75,7672016Assets 2017: $78,979Net Assets 2017: $78,9792017Assets 2018: $60,702Liabilities 2018: $1,500Net Assets 2018: $59,2022018Assets 2019: $58,919Net Assets 2019: $58,9192019Assets 2020: $31,493Net Assets 2020: $31,4932020Assets 2021: $37,684Net Assets 2021: $37,6842021Assets 2022: $35,250Liabilities 2022: $0Net Assets 2022: $35,2502022Assets 2023: $203,167Liabilities 2023: $0Net Assets 2023: $203,1672023

Highlighted filing

2023

Assets$203,167
Liabilities$0
Net Assets$203,167

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $54,501Expenses 2011: $46,029Net Income 2011: $8,4722011Revenue 2012: $50,545Expenses 2012: $29,946Net Income 2012: $20,5992012Revenue 2013: $59,125Expenses 2013: $55,256Net Income 2013: $3,8692013Revenue 2014: $73,443Expenses 2014: $57,367Net Income 2014: $16,0762014Revenue 2015: $80,266Expenses 2015: $89,956Net Income 2015: -$9,6902015Revenue 2016: $63,680Expenses 2016: $66,185Net Income 2016: -$2,5052016Revenue 2017: $80,899Expenses 2017: $77,687Net Income 2017: $3,2122017Revenue 2018: $83,999Expenses 2018: $103,776Net Income 2018: -$19,7772018Revenue 2019: $90,244Expenses 2019: $90,527Net Income 2019: -$2832019Revenue 2020: $33,399Expenses 2020: $60,825Net Income 2020: -$27,4262020Revenue 2021: $120,012Expenses 2021: $113,821Net Income 2021: $6,1912021Revenue 2022: $224,680Expenses 2022: $255,186Net Income 2022: -$30,5062022Revenue 2023: $600,890Expenses 2023: $432,973Net Income 2023: $167,9172023

Highlighted filing

2023

Revenue$600,890
Expenses$432,973
Net Income$167,917

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.03$0.00$2.03$6.01$4.33$1.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.00$0.35$2.25$2.55$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.38$0.38$1.20$1.14$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.31$0.33$0.61$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.59$0.90$0.91$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.02$0.59$0.84$1.04$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.79$0.81$0.78$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.76$0.64$0.66$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.78$0.80$0.90$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.73$0.57$0.16
2013Summary only. Only limited summary data is available for this year.$0.72$0.00$0.72$0.59$0.55$0.04
2012Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.51$0.30$0.21
2011Summary only. Only limited summary data is available for this year.$0.47$0.00$0.55$0.46$0.08
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 17, 2023
Return Version
2022v5.0
Gross Receipts
$224,680
Mission and Program Overview

Mission

Neighborhood merchants association for the upper market neighborhood of san francisco.

Castro Merchants is made up of merchants based in San Francisc's iconic Castro neighborhood, an international beacon of freedom, acceptance, creativity, and diversity. Our mission is to protect, promote, and advocate on behalf of all castro businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,488$1,982▼ $30,506
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Intangible Assets-$-1,232-
Total Assets$37,684$35,250▼ $2,434
Other Assets Total$5,196$34,500▲ $29,304
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,684$35,250▼ $2,434
Total Net Assets Fund Balance$37,684$35,250▼ $2,434
Total Liabilities and Net Assets / Fund Balance$37,684$35,250▼ $2,434

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$34,500--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dave KarrakerCo President
Terrance AlanCo President
Teresa Asten BennettPresident
Brian SpringfieldVice President
Jenn MeyerVice President
Nate BourgTreasurer
Terry BeswickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$224,680
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$164,500
Change in Net Assets
$-30,506
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$255,186
Total Fundraising Expense$537
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$12,706$8,700$462$21,868
Other Expenses$13,970$18,818-$13,970
Advertising$3,602$3,345$75$7,022
Fees for Services Accounting-$4,906-$4,906
Insurance-$4,141-$4,141
Information Technology-$891-$891
Fees for Services Other-$149-$149
Total Functional Expenses$213,699$40,950$537$255,186
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
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Merchants of Upper Market Inc
EIN
94-2941816
Phone
4154312359
Address
584 Castro Street 333, San Francisco, CA 94114

Signing Officer

Name
Teresa Asten Bennett
Title
President
Signed
2023-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Asten Bennett
Formed
1984
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Tax Office SF
Address
513 Valencia St Ste 4, San Francisco, CA 94110
Preparer
Aaron Phillips
Phone
4158641828
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Opening Balance Equity = $28072

Raw XML Appendix340 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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037684
IRS990/TotalAssetsEOYAmt035250
IRS990/TotalAssetsGrp/BOYAmt037684
IRS990/TotalAssetsGrp/EOYAmt035250
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0224680
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0537
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040950
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0213699
IRS990/TotalFunctionalExpensesGrp/TotalAmt0255186
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt037684
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt035250
IRS990/TotalProgramServiceExpensesAmt0213699
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0224680
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037684
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035250
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0584 Castro Street 333
IRS990/USAddress/CityNm0San Francisco
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0941142512
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.castromerchants.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Teresa Asten Bennett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Merchants of Upper Market Inc
ReturnHeader/Filer/BusinessNameControlTxt0MERC
ReturnHeader/Filer/EIN0942941816
ReturnHeader/Filer/PhoneNum04154312359
ReturnHeader/Filer/USAddress/AddressLine1Txt0584 Castro Street 333
ReturnHeader/Filer/USAddress/CityNm0San Francisco
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094114
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800968851
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tax Office SF
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0513 Valencia St Ste 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Francisco
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094110
ReturnHeader/PreparerPersonGrp/PhoneNum04158641828
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Aaron Phillips
ReturnHeader/ReturnTs02023-11-17T15:29:07-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Teresa Asten
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Bennett
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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