Downtown Glendale Association EIN 32-0394561

Downtown Glendale Association

EIN  32-0394561 Membership association Glendale, CA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/14/26 · see original filing: IRS
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Size
$1–10M
What they do
Revitalizes downtown Glendale through beautification, safety, events, and community improvement.
Leadership
Rick Lemmo · Board Member
Money in and out
$1.6M revenue, $1.6M expenses
Bottom line
+3% operating surplus

Revitalizes downtown Glendale through beautification, safety, events, and community improvement. For fiscal year 2024 it reported $1.6M in revenue, $1.6M in expenses, and $555K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$555K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Operating surplus
+3%
revenue over expenses▲ +128% vs prior filing year
Earned revenue
100%
of revenue from program services & dues0% vs prior filing year
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.6M
FY2024▲ +16%
Expenses
$1.6M
FY2024▲ +2%
Total assets
$555K
FY2024▲ +9%
Total liabilities
$0
FY2024
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$555K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$555K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $1.3M of program spending, described in the organization's own filed words · FY2023.
01

Sobo

Sidewalk operation, beautification and order program deals with maintenance of the downtown glendale business district. The sobo comittee oversees maintenance contracts involved in the improvement of the public's right of way including sidewalk sweeping, steam cleaning, landscaping, and private security.

$995Kprogram expense
02

Disi

District identity and streetscape improvements are aimed to promote positive aspects of the downtown glendale community benefit district through branding, public relations, newsletter, special events, webiste development, banner program, streetscape design issues and public space projects and improvements.

$266Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDowntown Glendale Association
EINHdr · item D32-0394561
Principal addressHdr · item CGlendale, CA
WebsiteHdr · item Jdowntownglendale.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S22)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Memebr
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$1.6M
Investment income$580
Total revenueLn 12$1.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$1.3M
Management & general19%$300K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$365K
Total assetsLn 16$555K
Total liabilitiesLn 26$0
Total net assetsLn 32$555K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $365K · Operating expenses/yr $1.6M
2.8 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.6M
81%
Management & General
Management & general $300K · Total expenses $1.6M
19%
Fundraising
Fundraising $0 · Total expenses $1.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $1.6M
0%
Government reliance
Government grants — · Total revenue $1.6M
Earned-income share
Program service revenue $1.6M · Total revenue $1.6M
100%
Investment reliance
Investment income $580 · Total revenue $1.6M
0%
Program self-sufficiency
Program service revenue $1.6M · Total expenses $1.6M
103%
Growth & trend
Revenue growth (YoY)
This year $1.6M · Prior year $1.4M
+16%
Revenue CAGR
FY2019 $1.5M · FY2023 $1.6M
+3%
Net-asset trend (YoY)
End of year $555K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.6M · Expenses $1.6M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $555K
Net-asset ratio
Net assets $555K · Total assets $555K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $555K
0%
People & payroll
Highest Reported Total Compensation
Individual Rick Lemmo · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $1.6M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $1.6M
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Revenue growth 16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $28K · 2019–2020
Glendale ArtsCA · FY2020$10,000
Glendale ArtsCA · FY2019$17,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.6M revenue · viewing · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$1.5M revenue · ⤓ 990 PDF
FY2020$1.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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