North Bend Downtown Foundation
- Assets
- $38.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Bend, WA
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-2954407
Organization Overview
North Bend Downtown Foundation is located in North Bend, WA. The organization was established in 2014. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Bend Downtown Foundation 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, North Bend Downtown Foundation generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.0%) per year over the past 6 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
NORTH BEND FOUNDATION PROVIDES SUPPORT SERVICES AND AMBASSADORS FOR PROMOTING BUSINESS IN DOWNTOWN NORTH BEND. THE AGENCY PROVIDES SEVERAL ANNUAL DOWNTOWN EVENTS TO RAISE FUNDS AND PROMOTE BUSINESSES ;
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Glazier Board Member | 1 | $0 | |
Lucas Haines President | 5 | $0 | |
Beth Burrows Past President | 10 | $0 | |
Jason Glazier Treasurer | 2 | $0 | |
Gaila Haas Secretary | 1 | $0 | |
Bre Keveran Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,246 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,209 |
| Other Revenue | $0 |
| Total Revenue | $4,037 |
| 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 | $1,320 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,787 |
| Other expenses | $2,429 |
| Total expenses | $5,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,704 |
| Other assets | $0 |
| Total assets | $38,704 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,704 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Bend Downtown Foundation has recieved totaling $28.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goldbelt Heritage Foundation Juneau, AK | $678,169 | $2,466,525 |
Centrocultural Mexicano Redmond, WA | $1,206,257 | $2,680,609 |
Path With Art Seattle, WA | $2,031,532 | $2,438,156 |
Asia-Northwest Cultural Education Association Tacoma, WA | $252,423 | $1,459,616 |
Portland 5 Centers For The Arts Foundation Portland, OR | $140,561 | $1,203,023 |
Ingersoll Gender Center Seattle, WA | $863,153 | $449,154 |
Portland Rose Festival Foundation Portland, OR | $2,329,427 | $1,493,262 |
Northwest Folklife Seattle, WA | $1,273,751 | $1,146,546 |
Sisters Folk Festival Inc Sisters, OR | $3,152,481 | $1,369,782 |
The Vera Project Seattle, WA | $942,628 | $1,094,389 |
Saint Luke Productions Battle Ground, WA | $1,298,746 | $1,892,714 |
Terrain Programs Spokane, WA | $636,591 | $1,201,482 |