Intown Concord FY2020 filing

Tax-deductible

Concord, NH501(c)(3)Community DevelopmentEIN 02-0528727

Our mission is to promote, elevate, and celebrate the city of concord, with a specific focus on the city center, resulting in a thriving, inclusive, and sustainable community. The mission is accomplished by: 1) improving commercial, employment, housing, cultural and recreational opportunities in downtown; 2) promoting downtown as an exciting place to work, live, play, shop, dine and invest; 3) encouraging cooperation, leadership and volunteerism in the community; and 4) preserving, restoring and improving the appearance, safety and accessibility of downtown concord, new hampshire.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $39K a year · 17% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$52K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$148K
Spent
$157K
To programs
81%
Net assets
$104K
By yearFY2020–FY2024
Revenue
$148K
FY2020
Revenue by fiscal year
FY2020$148K
FY2021$203K
FY2022$247K
FY2023$292K
FY2024$284K
Expenses
$157K
FY2020
Expenses by fiscal year
FY2020$157K
FY2021$209K
FY2022$313K
FY2023$340K
FY2024$348K
Net assets
$104K
FY2020
Net assets by fiscal year
FY2020$104K
FY2021$97K
FY2022$87K
FY2023$101K
FY2024$99K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $127K Management & general 14% · $22K Fundraising 5% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

19 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec Dir (fo
$40,380Pt VII · Sec A
Exec Dir (cu
$4,000Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jessica Martin’s $75K as Executive Di is at the 52nd percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jessica Martin$75,487$83,288$78,309$68,000$4,000
Dawn-Marie Badami————$40,380

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Intown Concord executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves downtown Concord's opportunities, appeal, and appearance for a thriving community.

Provided by the organization

This section is blank until Intown Concord claims this page.

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2 program services account for $127K of program spending, described in the organization's own filed words · FY2020.
01

Promotion

Promoting downtown concord as an exciting place to work, live, play, do business and invest. Including administering funds in connection with such promotion.

$111Kprogram expense
02

Economic Development

Fostering the growth and improving the commercial, employment, housing, cultural and recreational opportunities in downtown concord, new hampshire.

$16Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$6K
Grants paid · 3 grants · $26K · 2020–2022
Berat Holdings LLCFY2022$10,000
Associated EnterprisesFY2020$10,000
Unfranchised Auto CareFY2020$5,850

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$148K
Ln 12
Gifts and grantsLn 1h$117K
Fees for servicesLn 2g$30K
Other incomeLn 4–11$480
Money outPt IX
$157K
Ln 25
Programscol B$127K
Managementcol C$22K
Fundraisingcol D$8K
Owns and owesPt X
$104K
net assets · Ln 32
Cash and savingsLn 1–2$152K
Total assetsLn 16$155K
LiabilitiesLn 26$52K
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$117K
Government grantsLn 1e$104K
Fees for servicesLn 2g$30K
Investment incomeLn 3$66
Other incomeLn 4–11$480
Total revenueLn 12$148K
Assets in detailPt X, end of year
CashLn 1$35
SavingsLn 2$152K
Cash and savings togetherLn 1–2$152K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$155K
LiabilitiesLn 26$52K
Net assetsLn 32$104K
OperationsPt I, VI
EmployeesI 52
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$160K$152K
Land, buildings, equipmentLn 10c$3K$2K
Total assetsLn 16$168K$155K
LiabilitiesLn 26$55K$52K
Net assetsLn 32$113K$104K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$16K$16K
Pay of current officers, directors and key staffLn 5$44K$33K$7K$4K
Other salaries and wagesLn 7$36K$25K$9K$2K
Payroll taxesLn 10$6K$5K$936$624
Advertising and promotionLn 12$4K$3K$952$190
Office expensesLn 13$5K$3K$1K$227
OccupancyLn 16$9K$6K$2K$428
Conferences, conventions and meetingsLn 19$764$535$191$38
Depreciation, depletion and amortizationLn 22$716$716
InsuranceLn 23$3K$2K$749$150
Other expenses (24a–d)Ln 24$32K$31K$531$106
All other expensesLn 24e$851$787$53$11
Total functional expensesLn 25$157K$127K$22K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $284K$348K−$64K$99K 990 PDF
FY2023 $292K$340K−$48K$101K 990 PDF
FY2022 $247K$313K−$66K$87K 990 PDF
FY2021 $203K$209K−$7K$97K 990 PDF
FY2020 Viewing $148K$157K−$9K$104K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $147,828 across 8 lines filed
VIII-1b Membership dues$7,787
VIII-1e Government grants$104,293
VIII-1f All other contributions, gifts and grants$5,069
VIII-1h Total contributions, gifts and grants$117,149
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $30,133$30,133
VIII-3 Investment incomeExcluded from tax $66$66
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $480$480
VIII-12 Total revenueRelated to mission $30,133 · Excluded from tax $546$147,828
Part IX · Statement of functional expenses $156,978 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $15,850$15,850
IX-5 Pay of current officers, directors and key staffPrograms $33,285 · Management $6,657 · Fundraising $4,438$44,380
IX-7 Other salaries and wagesPrograms $25,368 · Management $9,060 · Fundraising $1,812$36,240
IX-10 Payroll taxesPrograms $4,683 · Management $936 · Fundraising $624$6,243
IX-12 Advertising and promotionPrograms $2,667 · Management $952 · Fundraising $190$3,809
IX-13 Office expensesPrograms $3,173 · Management $1,134 · Fundraising $227$4,534
IX-16 OccupancyPrograms $5,987 · Management $2,138 · Fundraising $428$8,553
IX-19 Conferences, conventions and meetingsPrograms $535 · Management $191 · Fundraising $38$764
IX-22 Depreciation, depletion and amortizationPrograms $716$716
IX-23 InsurancePrograms $2,095 · Management $749 · Fundraising $150$2,994
IX-24 Other expenses (24a–d)Programs $31,407 · Management $531 · Fundraising $106$32,044
IX-24e All other expensesPrograms $787 · Management $53 · Fundraising $11$851
IX-25 Total functional expensesPrograms $126,553 · Management $22,401 · Fundraising $8,024$156,978
Part X · Balance sheet $155,296 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $35$35
X-2 Savings and temporary cash investmentsStart of year $159,842$152,291
X-4 Accounts receivableStart of year $3,900$676
X-10c Land, buildings and equipment, netStart of year $3,010$2,294
X-16 Total assetsStart of year $168,261$155,296
X-25 Other liabilitiesStart of year $55,453$51,638
X-26 Total liabilitiesStart of year $55,453$51,638
X-27 Net assets without donor restrictionsStart of year $97,808$102,008
X-28 Net assets with donor restrictionsStart of year $15,000$1,650
X-32 Total net assets or fund balancesStart of year $112,808$103,658
X-33 Total liabilities and net assetsStart of year $168,261$155,296
Part XI · Reconciliation of net assets $103,658 net assets at year end
XI-1 Total revenue$147,828
XI-2 Total expenses$156,978
XI-3 Revenue less expenses−$9,150
XI-4 Net assets at start of year$112,808
XI-10 Net assets at end of year$103,658

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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