Downtown Farmville
- Assets
- $94.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmville, VA
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 45-2018548
Organization Overview
Downtown Farmville is located in Farmville, VA. The organization was established in 2014. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Downtown Farmville 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 Farmville generated $58.1k 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 (9.7%) each year. All expenses for the organization totaled $98.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) 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 PROMOTION PROJECT - AN ANALYSIS OF THE CURRENT CONDITION OF THE DOWNTOWN AREA WAS CONDUCTED TO FACILITATE THE DESIGN FOR THE DOWNTOWN AREA TO AID IN THE DEVELOPMENT OF ECONOMIC GROWTH AND PRIDE IN DOWNTOWN FARMVILLE. PRODUCED A HISTORIC WALKING AND BUSINESS GUIDE WITH DISTRICT MAP THAT PROVIDES ANECDOTAL, HISTORICAL, AND CURRENT INFORMATION ON DOWNTOWN BUSINESSES AND BUILDINGS. SPONSORED SEVERAL EVENTS TO PROMOTE THE MAIN STREET DISTRICT AND ATTRACT VISITORS TO 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 |
|---|---|---|---|
Matthew Agnor Treasurer | 1 | $0 | |
Michelle Walters Secretary | 1 | $0 | |
Pam Butler Vice Preside | 1 | $0 | |
Travis Mason Director | 1 | $0 | |
Patricia Carter Director | 1 | $0 | |
Emily Pilk Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,000 |
| Total Program Service Revenue | $28 |
| Membership dues | $0 |
| Investment income | $118 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,146 |
| 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 | $5,520 |
| Occupancy, rent, utilities, and maintenance | $586 |
| Printing, publications, postage, and shipping | $4,822 |
| Other expenses | $87,050 |
| Total expenses | $97,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,407 |
| Other assets | $0 |
| Total assets | $94,323 |
| Total liabilities | $75 |
| Net assets or fund balances | $94,248 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Charlotte Center City Partners Charlotte, NC | $3,090,178 | $6,164,890 |
Venture Richmond Inc Richmond, VA | $7,025,585 | $5,575,003 |
Maryland Manufacturing Service Inc Salisbury, MD | $279,305 | $5,207,545 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
Historic East Baltimore Community Action Coalition Inc Baltimore, MD | $9,898,806 | $3,562,151 |
Prince Georges County Economic Development Corporation Largo, MD | $6,056,042 | $4,300,935 |
Southwest Business Improvement District Washington, DC | $5,791,931 | $4,241,632 |
Common Ground Alliance Alexandria, VA | $4,149,136 | $2,873,132 |
Baltimore Community Lending Inc Baltimore, MD | $32,545,900 | $4,977,119 |
The Central Baltimore Partnership Inc Baltimore, MD | $5,647,773 | $4,310,518 |
Forward Cities Inc Durham, NC | $1,196,373 | $2,460,187 |