Old Town Association: FY2022 Nonprofit Profile & Form 990 (EIN 20-4403270)

Revenue by fiscal year
FY2020	$140K
FY2021	$495K
FY2022	$336K
FY2023	$394K
FY2024	$412K
FY2025	$792K

Expenses by fiscal year
FY2020	$194K
FY2021	$347K
FY2022	$443K
FY2023	$447K
FY2024	$357K
FY2025	$587K

Net assets by fiscal year
FY2020	$86K
FY2021	$234K
FY2022	$130K
FY2023	$76K
FY2024	$132K
FY2025	$337K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2008.

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

Where the money goes

96 cents of each dollar spent went to programs.

96%

Program services 96% · $424K Management & general 4% · $19K

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

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Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation

Martin Lane

Executive Di

$0Pt VII · Sec A

David Williams

Chair

$0Pt VII · Sec A

Matt Watson

Vice-Chair

$0Pt VII · Sec A

Andrea Walters

Secretary/Tr

$0Pt VII · Sec A

Kennedi Christopher

Director

$0Pt VII · Sec A

Andy Clinton

Director

$0Pt VII · Sec A

Stephen Crotts

Director

$0Pt VII · Sec A

Brian Hovis

Director

$0Pt VII · Sec A

See Old Town Association 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 15aNo

Programs and updates

Promotes downtown redevelopment through marketing, events, and community engagement.

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Provided by the organization

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1 program · $424K · in their own filed words · FY2022

01

Promote downtown through marketing, promotions and special events; promote communication and cooperation between parties having an interest in downtown; foster a sense of community interest in downtown; provide a forum where people can bring specific concerns for discussion, receive reliable information, and support for legitimate…

$424Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking

Grants paid · 5 grants · $83K · 2021–2025

Rock Hill Economic Development CorporationSC · FY2025$22,500

Christmasville Rock HillSC · FY2025$9,348

Individual RecipientFY2025$6,000

Christmasville Rock HillSC · FY2022$20,000

Christmasville Rock HillSC · FY2021$25,500

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$336K

Ln 12

Gifts and grantsLn 1h$179K

Fees for servicesLn 2g$158K

Investment incomeLn 3$26

Money outPt IX

$443K

Ln 25

Programscol B$424K

Managementcol C$19K

Owns and owesPt X

$130K

net assets · Ln 32

Cash and savingsLn 1–2$130K

Total assetsLn 16$130K

LiabilitiesLn 26$11

PeoplePt VI, VII

13

listed · VII A

PaidVII A0

Voting boardVI 1a12

IndependentVI 1b12

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$179K

Government grantsLn 1e$118K

Fees for servicesLn 2g$158K

Investment incomeLn 3$26

Total revenueLn 12$336K

Assets in detailPt X, end of year

CashLn 1$130K

Cash and savings togetherLn 1–2$130K

Total assetsLn 16$130K

LiabilitiesLn 26$11

Net assetsLn 32$130K

OperationsPt I, VI

EmployeesI 50

VolunteersI 620

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$133K	$130K
Total assetsLn 16	$237K	$130K
LiabilitiesLn 26	$3K	$11
Net assetsLn 32	$234K	$130K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$29K	$29K
Management feesLn 11a	$21K	$21K
Accounting feesLn 11c	$9K		$9K
Other fees for servicesLn 11g	$251K	$251K
Advertising and promotionLn 12	$53K	$53K
Office expensesLn 13	$2K		$2K
Information technologyLn 14	$29		$29
TravelLn 17	$2K		$2K
Conferences, conventions and meetingsLn 19	$2K		$2K
InsuranceLn 23	$20K	$15K	$4K
Other expenses (24a–d)Ln 24	$55K	$55K
Total functional expensesLn 25	$443K	$424K	$19K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$792K	$587K	$205K	$337K	990 PDF
FY2024	$412K	$357K	$54K	$132K	990 PDF
FY2023	$394K	$447K	−$53K	$76K	990 PDF
FY2022 Viewing	$336K	$443K	−$107K	$130K	990 PDF
FY2021	$495K	$347K	$148K	$234K	990 PDF
FY2020	$140K	$194K	−$53K	$86K	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 FY2022 990 (6 parts)

Part I · Summary $336,277 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $333,781$178,731

I-9 Program service revenuePrior year $161,400$157,520

I-10 Investment incomePrior year $11$26

I-11 Other revenue$0

I-12 Total revenuePrior year $495,192$336,277

I-13 Grants and similar amounts paidPrior year $26,100$28,899

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $321,383$414,466

I-18 Total expensesPrior year $347,483$443,365

I-19 Revenue less expensesPrior year $147,709−$107,088

Part VI · Governance 12 of 12 board members independent, 1 to look at

VI-1a Voting members of the governing body12

VI-1b Independent voting members12

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $336,277 across 6 lines filed

VIII-1e Government grants$118,231

VIII-1f All other contributions, gifts and grants$60,500

VIII-1h Total contributions, gifts and grants$178,731

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $157,520$157,520

VIII-3 Investment incomeExcluded from tax $26$26

VIII-12 Total revenueRelated to mission $157,520 · Excluded from tax $26$336,277

Part IX · Statement of functional expenses $443,365 across 11 lines filed

IX-1 Grants to domestic organizationsPrograms $28,899$28,899

IX-11a Management feesPrograms $20,719$20,719

IX-11c Accounting feesManagement $8,795$8,795

IX-11g Other fees for servicesPrograms $251,130$251,130

IX-12 Advertising and promotionPrograms $53,183$53,183

IX-13 Office expensesManagement $1,804$1,804

IX-14 Information technologyManagement $29$29

IX-17 TravelManagement $2,189$2,189

IX-19 Conferences, conventions and meetingsManagement $2,242$2,242

IX-23 InsurancePrograms $15,364 · Management $4,257$19,621

IX-24 Other expenses (24a–d)Programs $54,754$54,754

IX-25 Total functional expensesPrograms $424,049 · Management $19,316 · Fundraising $0$443,365

Part X · Balance sheet $129,535 assets, 7 lines filed

X-1 Cash, non-interest-bearingStart of year $132,745$129,535

X-16 Total assetsStart of year $236,734$129,535

X-17 Accounts payable and accrued expensesStart of year $3,187$11

X-26 Total liabilitiesStart of year $3,187$11

X-27 Net assets without donor restrictionsStart of year $233,547$129,524

X-32 Total net assets or fund balancesStart of year $233,547$129,524

X-33 Total liabilities and net assetsStart of year $236,734$129,535

Part XI · Reconciliation of net assets $129,524 net assets at year end

XI-1 Total revenue$336,277

XI-2 Total expenses$443,365

XI-3 Revenue less expenses−$107,088

XI-4 Net assets at start of year$233,547

XI-9 Other changes in net assets$3,065

XI-10 Net assets at end of year$129,524

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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Old Town Association FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Old Town Association

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV