Civic Intelligence

Downtown San Diego Partnership Inc

EIN 95-1729734 • 501(c)6 • San Diego, CA

Profile

The downtown san diego partnership serves as the principal voice and driving force behind the economic prosperity and cultural vitality of downtown san diego through membership, advocacy, and public services.

401 B Street 100San Diego, CA 92101

www.downtownsandiego.org

Siviq Scores

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

Liabilities / Assets

96th percentile

0.92x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

31st percentile

0.22x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Net Margin

38th percentile

1.1%

Higher net margin than 38% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

43rd percentile

$344,684

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2025

Asset Growth

95th percentile

42%

Faster asset growth than 95% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

27th percentile

0.1%

Faster revenue growth than 27% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$2,707,785

Down $1,471,944 (-35%) from 2023

Liabilities

Down

$2,584,628

Down $1,059,783 (-29%) from 2023

Net Assets

Down

$123,157

Down $412,161 (-77%) from 2023

Revenue

Up

$15,826,898

Up $1,350,147 (+9.3%) from 2023

Expenses

Up

$16,239,059

Up $1,370,851 (+9.2%) from 2023

Net Income

Down

-$412,161

Down $20,704 (-5.3%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,649,274Liabilities 2010: $1,239,165Net Assets 2010: $410,1092010Assets 2011: $1,780,950Liabilities 2011: $1,357,767Net Assets 2011: $423,1832011Assets 2012: $1,956,308Liabilities 2012: $1,458,433Net Assets 2012: $497,8752012Assets 2013: $2,082,523Liabilities 2013: $1,611,699Net Assets 2013: $470,8242013Assets 2014: $1,991,076Liabilities 2014: $1,633,154Net Assets 2014: $357,9222014Assets 2015: $1,270,176Liabilities 2015: $828,467Net Assets 2015: $441,7092015Assets 2016: $2,086,302Liabilities 2016: $1,361,427Net Assets 2016: $724,8752016Assets 2017: $1,921,733Liabilities 2017: $1,341,036Net Assets 2017: $580,6972017Assets 2018: $2,116,833Liabilities 2018: $1,543,847Net Assets 2018: $572,9862018Assets 2019: $2,162,217Liabilities 2019: $1,499,032Net Assets 2019: $663,1852019Assets 2020: $1,442,549Liabilities 2020: $649,474Net Assets 2020: $793,0752020Assets 2021: $3,005,866Liabilities 2021: $2,233,853Net Assets 2021: $772,0132021Assets 2022: $2,790,487Liabilities 2022: $1,863,712Net Assets 2022: $926,7752022Assets 2023: $4,179,729Liabilities 2023: $3,644,411Net Assets 2023: $535,3182023Assets 2024: $2,707,785Liabilities 2024: $2,584,628Net Assets 2024: $123,1572024

Highlighted filing

2024

Assets$2,707,785
Liabilities$2,584,628
Net Assets$123,157

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,786,2792010Expenses 2011: $5,979,7632011Revenue 2012: $6,307,459Expenses 2012: $6,232,767Net Income 2012: $74,6922012Expenses 2013: $6,473,5432013Revenue 2014: $6,806,174Expenses 2014: $6,919,076Net Income 2014: -$112,9022014Revenue 2015: $7,665,829Expenses 2015: $7,582,042Net Income 2015: $83,7872015Revenue 2016: $7,975,087Expenses 2016: $7,691,921Net Income 2016: $283,1662016Revenue 2017: $9,156,672Expenses 2017: $9,300,850Net Income 2017: -$144,1782017Revenue 2018: $10,051,881Expenses 2018: $10,059,592Net Income 2018: -$7,7112018Revenue 2019: $9,950,509Expenses 2019: $9,860,310Net Income 2019: $90,1992019Revenue 2020: $9,145,289Expenses 2020: $9,321,700Net Income 2020: -$176,4112020Revenue 2021: $9,913,958Expenses 2021: $10,039,650Net Income 2021: -$125,6922021Revenue 2022: $12,045,568Expenses 2022: $11,890,806Net Income 2022: $154,7622022Revenue 2023: $14,476,751Expenses 2023: $14,868,208Net Income 2023: -$391,4572023Revenue 2024: $15,826,898Expenses 2024: $16,239,059Net Income 2024: -$412,1612024

Highlighted filing

2024

Revenue$15,826,898
Expenses$16,239,059
Net Income-$412,161

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.71$2.58$0.12$15.8$16.2$0.41
2023Detailed filing. Detailed filing data is available for this year.$4.18$3.64$0.54$14.5$14.9$0.39
2022Detailed filing. Detailed filing data is available for this year.$2.79$1.86$0.93$12.0$11.9$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.01$2.23$0.77$9.91$10.0$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.44$0.65$0.79$9.15$9.32$0.18
2019Detailed filing. Detailed filing data is available for this year.$2.16$1.50$0.66$9.95$9.86$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.12$1.54$0.57$10.1$10.1$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.92$1.34$0.58$9.16$9.30$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.09$1.36$0.72$7.98$7.69$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.27$0.83$0.44$7.67$7.58$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.99$1.63$0.36$6.81$6.92$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$1.61$0.47$6.47
2012Summary only. Only limited summary data is available for this year.$1.96$1.46$0.50$6.31$6.23$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$1.36$0.42$5.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$1.24$0.41$6.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 7, 2025
Return Version
2023v6.0
Gross Receipts
$16,109,289
Mission and Program Overview

Mission

The downtown san diego partnership serves as the principal voice and driving force behind the economic prosperity and cultural vitality of downtown san diego through membership, advocacy, enhanced services, and community investment.

Advancing the economic prosperity and cultural vitality of downtown san diego.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,262,781$578,482▼ $1,684,299
Cash and Non-Interest-Bearing Accounts$485,953$283,712▼ $202,241
Land, Buildings, and Equipment, Net$286,864$197,665▼ $89,199
Prepaid Expenses and Deferred Charges$95,981$181,765▲ $85,784
Savings and Temporary Cash Investments$10,783$9,909▼ $874
Total Assets$4,179,729$2,707,785▼ $1,471,944
Other Assets Total$1,037,367$1,456,252▲ $418,885
Liabilities
Other Liabilities$1,750,680$1,714,661▼ $36,019
Accounts Payable and Accrued Expenses$1,850,356$839,217▼ $1,011,139
Deferred Revenue$43,375$30,750▼ $12,625
Total Liabilities$3,644,411$2,584,628▼ $1,059,783
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$535,318$123,157▼ $412,161
Total Net Assets Fund Balance$535,318$123,157▼ $412,161
Total Liabilities and Net Assets / Fund Balance$4,179,729$2,707,785▼ $1,471,944

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$97,363$498,793$596,156
Equipment$69,769$357,425$427,194
Leasehold Improvements$30,533$156,423$186,956
Other Assets Org$646,243--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth BrennanPresident & CEOFT$285,590$8,270$293,860
Justin ApgerChief Operations OfficerFT$229,801$6,043$235,844
Alonso VivasSVP & Executive Director,FT$143,726$82$143,808
Kaitlin PayneSVP Membership & EventsFT$135,214$5,490$140,704
Sarah BrothersVP, Marketing and CommunicFT$125,030$7,456$132,486

Board Members and Trustees

NameTitle
Phil RathChair
Chanelle HawkenImmediate Past Chair
Diana PuetzVice Chair
Aimee FaucettDirector
Alex GuyottDirector
Ashley ChamberlayneDirector
Brent SchertzerDirector
Brian FishDirector
Chris GashDirector
Chuck ReiterDirector
Daniel ReevesDirector
Doug KornDirector
Howard GreenbergDirector
James LawsonDirector
Jeff ForrestDirector
Keith B JonesDirector
Margie Newman TsayDirector
Marin GertlerDirector
Marshall AndersonDirector
Martine SandersDirector
Mero MarmeDirector
Michael BurtonDirector
Monica MontanoDirector
Perry DealyDirector
Ray VarelaDirector
Scott CriderDirector
Steve CushmanDirector
Sumeet ParekhDirector
Pamela GabrielSecretary
Michele VivesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Inter-con Security Systems INCMaintenance1062 THIRD AVE, San Diego, CA 92101$2,305,478
Aztec Landscaping INCPowerwashing7980 LEMON GROVE WAY, Lemon Grove, CA 91945$841,766
Southbay Pressure WashingPowerwashing2131 A AVE, National City, CA 91950$741,812
Pbo Advisory GroupAccounting And Finance3655 NOBEL DR SUITE 520, San Diego, CA 92122$204,048
Allied UniversalSafetyPO BOX 31001-2374, Pasadena, CA 91110-2374$179,741
Revenue and Support

Revenue Composition

Contributions and Grants
$580,288
Program Service Revenue
$15,435,540
Investment Income
$258
Other Revenue
$-189,188
All Other Contributions
$31,696
Change in Net Assets
$-412,161

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,826,898
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,114,152
Total Revenue per Audited Statements
$18,941,050
Total Revenue per Form 990
$15,826,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,338,439
Salaries, Compensation, and Employee Benefits$7,900,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,163,117
Other Employee Benefits---$1,341,937
Current Officers, Directors, Trustees, and Key Employees---$919,361
Payroll Taxes---$476,205
All Other Expenses---$444,723
Other Expenses---$411,620
Insurance---$388,586
Occupancy---$354,349
Fees for Services Accounting---$153,459
Office Expenses---$121,994
Depreciation Depletion---$117,521
Travel---$60,881
Fees for Services Legal---$49,027
Advertising---$13,961
Total Functional Expenses$0$0$0$16,239,059

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$19,306,955
Expenses per Audited Statements$16,239,059
Total Expenses per Form 990$16,239,059
Expenses Not Reported on Form 990$3,067,896
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$282,391
Fundraising Gross Income$38,835
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Installation Dinner$246,923$24,166$44,253$-20,087
Create the Future Awards$233,104$13,354$47,713$-34,359
Total Events$587,427$38,835$282,391$-243,556
Political and Lobbying Activity
Political campaign activity
Yes
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$65,133
Total Nondeductible Lobbying and Political Cost$65,133
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$917,950
Line of Credit$400,000
Pbid Advance - City of San Diego$215,149
Intercompany Funds$181,562
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

There shall be one class of members of the corporation, and each member shall have equal voting rights. Members shall annually elect an executive board of directors who are authorized to make decisions on operations and governance on behalf of the organization

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

The governing body is elected at an annual or special meeting of members or by written ballot.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the treasurer, president, ceo, and finance committee before it is filed. The board of directors are provided with a review copy of the 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

Directors, officers and committee members review and sign a copy of the organization's conflict of interest agreement annually. If a proposed transaction or arrangement involves a possible conflict, the party to the conflict will remove themselves from the meeting, while the board or committee discusses the arrangement. The board or committee shall exercise due diligence in evaluating whether the organization is receiving fair value and whether other proposals should be obtained. The board shall determine by a majority vote whether the organization shall enter into the proposed arrangement or agreement.

Form 990, Part VI, Section B, Line 15

The officers of the board review and conduct an annual review for the ceo and is responsible for determining compensation for the ceo. The ceo and coo present recommendations to the officer's for the top management officials within the organization and the recommendation is reviewed and requested to be accepted by the officers.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and the financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Downtown San Diego Partnership Inc
EIN
95-1729734
Phone
6192340201
Address
401 B STREET 100, SAN DIEGO, CA 92101

Signing Officer

Name
Elizabeth Brennan
Title
Pres. & CEO
Phone
6192340201
Signed
2025-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Brennan
Formed
1952
Legal Domicile
CA
Voting Board Members
35
Independent Board Members
35
Employees
140
Volunteers
55

Preparer

Firm
Jgd & Associates Llp
Address
9191 TOWNE CENTRE DRIVE 340, SAN DIEGO, CA 92122-1274
Preparer
Daniel P Schreiber
Phone
8585871000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed.

Financial Statement Notes

PART X, LINE 2:

For the year ended june 30, 2024, management of the organization believes there has been no activity which would jeopardize the tax position, being a tax-exempt organization, and that it is more likely than not, based on the technical merits, that this position would be sustained upon examination. The organization recognizes interest and penalties associated with tax matters as part of operating expenses and includes accrued interest and penalties with the related tax liability in the consolidated statements of financial position. No such amounts are included in the consolidated financial statements for the years ended june 30, 2024 and 2023.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenues from related organization per consolidated gaap statement 3,114,152.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses from related organization per consolidated gaap statement 3,067,896.

Raw XML AppendixShowing 400 of 854 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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt31CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt32SVP & EXECUTIVE DIRECTOR,
IRS990/Form990PartVIISectionAGrp/TitleTxt33SVP MEMBERSHIP & EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt34VP, MARKETING AND COMMUNIC
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