Elevents Llc

Organization Overview

Elevents Llc, operating under the name Friends Of Downtown, is located in Hendersonville, NC. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Downtown 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 12/2022, Friends Of Downtown generated $278.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $217.9k during the year ending 12/2022. While expenses have increased by 19.9% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ELEVENTS, INC. D/B/A FRIENDS OF DOWNTOWN EXISTS TO IDENTIFY, PRESERVE, AND ENHANCE THE KEY FACTORS THAT CONTRIBUTE TO THE AUTHENTIC SMALL TOWN URBAN CHARACTER OF HISTORIC DOWNTOWN HENDERSONVILLE, NORTH CAROLINA. ORGANIZATIONAL PROJECTS ARE IDENTIFIED, ASSESSED, AND PRIORITIZED BASED ON THEIR CONTRIBUTION TO AND POTENTIAL TO ENHANCE AND SUPPORT A VIBRANT ENTREPRENEURIAL ENVIRONMENT AND THE LIVABILITY OF DOWNTOWN. THE ORGANIZATION ACTIVELY PURSUES PROJECT IMPLEMENTATION, WHETHER BY INFRASTRUCTURE IMPPROVEMENTS, SPECIAL EVENTS, ECONOMIC INCENTIVES, OR PLANNING INITIATIVES, UTILIZING THE MAIN STREET FOUR-POINT APPROACH, IN CONCERT WITH THE CITY OF HENDERSONVILLE, DOWNTOWN STAKEHOLDERS, AND THE LARGER COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ELEVENTS, INC. D/B/A FRIENDS OF DOWNTOWN EXISTS TO IDENTIFY, PRESERVE, AND ENHANCE THE KEY FACTORS THAT CONTRIBUTE TO THE AUTHENTIC SMALL TOWN URBAN CHARACTER OF HISTORIC DOWNTOWN HENDERSONVILLE, NORTH CAROLINA. PROGRAM SERVICES INCLUDE THE RHYTHM AND BREWS SUMMER CONCERT SERIES, THE HENDERSONVILLE FARMERS MARKET, AND GARDEN JUBILEE ALL DESIGNED TO ATTRACT RESIDENTS AND VISITORS TO HISTORIC DOWNTOWN HENDERSONVILLE, NORTH CAROLINA.


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Board, Officers & Key Employees

Name (title)Compensation
Caroline Gunther
Chair
$0
Matthew Hickman
Vice Chair
$0
John Connet
Secretary
$0
John Buchanan
Treasurer
$0
Michele Sparks
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$19,827
Related organizations$0
Government grants $118,516
All other contributions, gifts, grants, and similar amounts not included above$65,948
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$204,291
Total Program Service Revenue$98,924
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$24,817
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $278,398

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