Morris Downtown Development Partnership FY2020 filing

Morris, ILUnknown exempt organizationEIN 36-4004541

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Promotion of Morris, Illinois downtown area.

43¢ of each $1 spent went to programs.
$38K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $21K a year · 28% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
43%
of spending
Concern: 43% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$38K
to officers and key staff · 54% of spending
Concern: pay to officers and key staff is 54% of spending; over 30%.
Pt VII · Sec A
Cash reserves
30 mo
of spending, in cash
Looks good: 30.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$150K
Spent
$71K
To programs
43%
Net assets
$185K
By yearFY2020–FY2022
Revenue
$150K
FY2020
Revenue by fiscal year
FY2020$150K
FY2022$2K
Expenses
$71K
FY2020
Expenses by fiscal year
FY2020$71K
FY2022$122K
Net assets
$185K
FY2020
Net assets by fiscal year
FY2020$185K
FY2022$0

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

43 cents of each dollar spent went to programs.

Program services 43% · $31K Management & general 57% · $40K

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

5 people listed on the 990; $38K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Direc
$37,929Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2020
Julia Applegate$39,013$37,929

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.

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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 Morris, Illinois' downtown area through revitalization and events.

Provided by the organization

This section is blank until Morris Downtown Development Partnership claims this page.

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1 program service account for $31K of program spending, described in the organization's own filed words · FY2020.
01

Promotions & Advertising

$31Kprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$150K
Ln 12
Gifts and grantsLn 1h$137K
Other incomeLn 4–11$12K
Money outPt IX
$71K
Ln 25
Programscol B$31K
Managementcol C$40K
Owns and owesPt X
$185K
net assets · Ln 32
Cash and savingsLn 1–2$178K
Total assetsLn 16$187K
LiabilitiesLn 26$3K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$137K
Other incomeLn 4–11$12K
Gains on assetsLn 7$0
Total revenueLn 12$150K
Assets in detailPt X, end of year
CashLn 1$178K
SavingsLn 2$0
Cash and savings togetherLn 1–2$178K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$9K
Other assetsLn 15$0
Total assetsLn 16$187K
LiabilitiesLn 26$3K
Net assetsLn 32$185K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$97K$178K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$10K$9K
Total assetsLn 16$108K$187K
LiabilitiesLn 26$2K$3K
Net assetsLn 32$106K$185K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$38K$19K$19K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$563$563
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$3K$1K$1K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$7K$7K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$11K$10K$2K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$71K$31K$40K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $2K$122K−$120K$0 990 PDF
FY2021 Not on file
FY2020 Viewing $150K$71K$79K$185K 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 $149,695 across 10 lines filed
VIII-1b Membership dues$11,817
VIII-1d Related organizations$55,000
VIII-1f All other contributions, gifts and grants$70,563
VIII-1h Total contributions, gifts and grants$137,380
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$12,315
VIII-12 Total revenue$149,695
Part IX · Statement of functional expenses $70,804 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $18,964 · Management $18,965$37,929
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $563$563
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,494 · Management $1,451$2,945
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,675$1,675
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $6,624$6,624
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $1,133$1,133
IX-23 InsuranceManagement $4,010$4,010
IX-24 Other expenses (24a–d)Programs $9,586 · Management $1,776$11,362
IX-24e All other expensesManagement $4,563$4,563
IX-25 Total functional expensesPrograms $30,607 · Management $40,197 · Fundraising $0$70,804
Part X · Balance sheet $187,255 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $97,306$177,990
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $10,398$9,265
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1$0
X-16 Total assetsStart of year $107,705$187,255
X-25 Other liabilitiesStart of year $2,038$2,697
X-26 Total liabilitiesStart of year $2,038$2,697
X-27 Net assets without donor restrictionsStart of year $81,087$159,978
X-28 Net assets with donor restrictionsStart of year $24,580$24,580
X-32 Total net assets or fund balancesStart of year $105,667$184,558
X-33 Total liabilities and net assetsStart of year $107,705$187,255
Part XI · Reconciliation of net assets $184,558 net assets at year end
XI-1 Total revenue$149,695
XI-2 Total expenses$70,804
XI-3 Revenue less expenses$78,891
XI-4 Net assets at start of year$105,667
XI-10 Net assets at end of year$184,558

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

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