Downtown Incorporated FY2021 filing

Santa Ana, CAUnknown exempt organization EIN 26-4051161Revenue $699K in FY2021

On file with the IRSdowntown-santaana.com201 E 4th Street · Santa Ana, CA

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To enhance and promote the unique and varies economic interests of Downtown santa ana as the historic, cultural and commercial heart of the community of santa ana.

Mission: Form 990 Part I, line 1

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $26K a year · 3% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $265K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$699K
-20% vs prior year
Spent
$690K
To programs
0%
Net assets
$158K
By yearFY2020–FY2023
Revenue
$699K
FY2021▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$875K
FY2021$699K
FY2021$218K
FY2022$769K
FY2023$170K
Expenses
$690K
FY2021▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$790K
FY2021$690K
FY2021$313K
FY2022$786K
FY2023Not on file
Net assets
$158K
FY2021▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$148K
FY2021$158K
FY2021$63K
FY2022$45K
FY2023Not on file

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Downtown Incorporated 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

Promotes downtown Santa Ana's economic interests as the community's heart.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

The organization continued it's efforts to assist those business economically affected, as well as those impacted by public health requirements during the COVID-19 pandemic and temporary closure of businesses resulting from the COVID-19.

Pt IX · col B
02

Physical enhancement through capitalizing the best assets of downtown santa ana such as historical structures, creating an inviting atmosphere through window displays, parking areas, sidewalks, signs, street lights and landscaping to make it attractive to shoppers, investors, business owners and visitors.

Pt IX · col B
03

Marketing and promoting the image of downtown santa ana as the center of commerce, culture and community life, to all prospects including shoppers, investors, new businesses and visitors through advertising, retail promotions, special events and marketing campaigns.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$265K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$699K
Ln 12
Gifts and grantsLn 1h$529K
Fees for servicesLn 2g$171K
Investment incomeLn 3$1
Money outPt IX
$690K
Ln 25
Owns and owesPt X
$158K
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$158K
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$529K
Government grantsLn 1e$515K
Fees for servicesLn 2g$171K
Investment incomeLn 3$1
Total revenueLn 12$699K
Assets in detailPt X, end of year
CashLn 1$117K
Cash and savings togetherLn 1–2$117K
Total assetsLn 16$158K
LiabilitiesLn 26$0
Net assetsLn 32$158K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$148K$117K
Total assetsLn 16$148K$158K
LiabilitiesLn 26$0$0
Net assetsLn 32$148K$158K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$80K
Accounting feesLn 11c$8K
Conferences, conventions and meetingsLn 19$1K
Other expenses (24a–d)Ln 24$598K
All other expensesLn 24e$2K
Total functional expensesLn 25$690K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $170K 990 PDF
FY2022 $769K$786K−$17K$45K 990 PDF
FY2021 Viewing $699K$690K$10K$158K 990 PDF
FY2020 $875K$790K$85K$148K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $699,385 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $699,782$528,868
I-9 Program service revenuePrior year $175,382$170,516
I-10 Investment income$1
I-11 Other revenue$0
I-12 Total revenuePrior year $875,164$699,385
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $789,775$689,635
I-18 Total expensesPrior year $789,775$689,635
I-19 Revenue less expensesPrior year $85,389$9,750
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-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $699,385 across 6 lines filed
VIII-1e Government grants$514,944
VIII-1f All other contributions, gifts and grants$13,924
VIII-1h Total contributions, gifts and grants$528,868
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $170,516$170,516
VIII-3 Investment incomeExcluded from tax $1$1
VIII-12 Total revenueRelated to mission $170,516 · Excluded from tax $1$699,385
Part IX · Statement of functional expenses $689,635 across 5 lines filed
IX-11a Management fees$80,100
IX-11c Accounting fees$8,210
IX-19 Conferences, conventions and meetings$1,382
IX-24 Other expenses (24a–d)$598,395
IX-24e All other expenses$1,548
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$689,635
Part X · Balance sheet $158,195 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $148,445$117,399
X-4 Accounts receivable$40,796
X-16 Total assetsStart of year $148,445$158,195
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $148,445$158,195
X-32 Total net assets or fund balancesStart of year $148,445$158,195
X-33 Total liabilities and net assetsStart of year $148,445$158,195
Part XI · Reconciliation of net assets $158,195 net assets at year end
XI-1 Total revenue$699,385
XI-2 Total expenses$689,635
XI-3 Revenue less expenses$9,750
XI-4 Net assets at start of year$148,445
XI-10 Net assets at end of year$158,195

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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