London Downtown Inc
- Assets
- $82.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- London, KY
- Founding
- 09/2006
- Data as of
- 12/2021
- EIN
- 20-1932141
Organization Overview
London Downtown Inc is located in London, KY. The organization was established in 2006. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. London Downtown Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, London Downtown Inc generated $100.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $71.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DOWNTOWN BEAUTIFICATION AND ACTIVITIES IN DOWNTOWN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Rea Executive Di | 10 | $12,000 | |
Brittany Riley President | 2 | $0 | |
Zack Caldwell Director | 2 | $0 | |
Todd Strouse Director | 2 | $0 | |
Jason Burton Vice-Preside | 2 | $0 | |
Lucas Shepherd Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $100,235 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,235 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,760 |
| Total expenses | $71,760 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,213 |
| Other assets | $0 |
| Total assets | $82,213 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,213 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Ventures In Living Ltd Lafayette, IN | $4,082,681 | $10,075,457 |
Virginia Organizing Inc Charlottesville, VA | $8,195,944 | $10,817,973 |
American Exceptionalism Institute Inc Arlington, VA | $932,684 | $8,055,400 |
Community Action Of Greater Indianapolis Inc Indianapolis, IN | $3,236,158 | $6,334,161 |
Northeast Missouri Community Action Agency Kirksville, MO | $5,382,186 | $5,648,075 |
Pulitzer Arts Foundation St Louis, MO | $117,606,800 | $4,950,340 |
Commercial Club Of Chicago Chicago, IL | $3,716,814 | $4,161,715 |
Community Bankers Association Of Illinois Inc Springfield, IL | $6,623,230 | $3,824,328 |
Kentucky Rural Water Association Bowling Green, KY | $3,114,673 | $3,332,074 |
Peterson Family Foundation Fairfax, VA | $10,465,952 | $6,659,097 |
Fifth Street Renaissance Springfield, IL | $4,994,855 | $3,310,939 |
Missouri Rural Water Association Ashland, MO | $4,721,594 | $3,401,611 |