Downtown Foundation Inc
- Assets
- $337.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bowling Green, OH
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-1663969
Organization Overview
Downtown Foundation Inc is located in Bowling Green, OH. The organization was established in 2010. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Foundation 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, Downtown Foundation Inc generated $115.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $66.4k during the year ending 12/2021. While expenses have increased by 10.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
YEAR AROUND BEAUTIFICATION PROJECTS FOR DOWNTOWN BOWLING GREEN INCLUDING CONSTRUCTION OF GREEN SPACES, PURCHASE OF HOLIDAY LIGHTS/DECORATIONS, AND GENERAL IMPROVEMENT TO THE OVERALL AESTHETICS OF DOWNTOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Culbertson Director | 0.5 | $0 | |
Floyd Craft Treasurer | 0.5 | $0 | |
Randall Roberts Secretary | 0.5 | $0 | |
Larry Weiss Vice President | 0.5 | $0 | |
Richard Newlove President | 0.5 | $0 | |
Becca Ferguson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,761 |
| Membership dues | $0 |
| Investment income | $36,782 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,543 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,167 |
| Total expenses | $66,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $337,638 |
| Other assets | $0 |
| Total assets | $337,638 |
| Total liabilities | $2,000 |
| Net assets or fund balances | $335,638 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Toledo Community Foundation Toledo, OH PURPOSE: WOOSTER GREEN - DECORATIVE SCULPTURE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fairmount Park Conservancy Philadelphia, PA | $18,681,659 | $13,830,460 |
Keep Indianapolis Beautiful Inc Indianapolis, IN | $4,654,076 | $4,007,938 |
Columbiana Restoration & Beautification Committee Columbiana, OH | $434,099 | $3,165,275 |
National Center For Electronics Recyling Vienna, WV | $611,266 | $3,611,645 |
Capital Crossroads Spec Improvement District Of Columbia Inc Columbus, OH | $1,963,441 | $3,189,743 |
Friends Of Derry Township Parks & Recreation Hershey, PA | $223,882 | $913,516 |
Huron Waterloo Pathways Initiative Chelsea, MI | $4,436,306 | $2,820,236 |
Greening Of Detroit Detroit, MI | $1,182,772 | $1,508,840 |
Friends Of The Pittsburgh Urban Forest Pittsburgh, PA | $3,690,341 | $1,725,352 |
Pa Cleanways Greensburg, PA | $701,740 | $1,339,245 |
Chandler Park Conservancy Detroit, MI | $849,086 | $938,406 |
Flying Hills Open Space Trust Reading, PA | $1 | $968,071 |