Fulton Avenue Improvement Association

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The Fulton Avenue Improvement Association is a Benefit Assessment District formed to improve the commercial area of Fulton Avenue in Sacramento, California.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
94¢ of each $1 spent went to programs.
Run by 20 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
2 of 5
filings with a surplus
Average deficit $26K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$482K
-6% vs prior year
Spent
$492K
To programs
94%
Net assets
$57K
By yearFY2020–FY2024
Revenue
$482K
FY2024▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$418K
FY2021$442K
FY2022$425K
FY2023$516K
FY2024$482K
Expenses
$492K
FY2024▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$402K
FY2021$429K
FY2022$491K
FY2023$600K
FY2024$492K
Net assets
$57K
FY2024▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$205K
FY2021$218K
FY2022$152K
FY2023$67K
FY2024$57K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1999.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $463K Management & general 6% · $29K

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

15 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$102,500Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Melinda Eppler’s $102K as Executive Dir. is at the 75th percentile of top reported officer pay among 1709 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Melinda Eppler$102,500$102,500$97,500$101,250$97,500

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 15aYes

Programs and updates

Improves the commercial area of Fulton Avenue in Sacramento.

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Provided by the organization

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1 program · $463K · in their own filed words · FY2024
01

The Association is a direct levy entity created under the authority of the Property and Business Improvement District Law of 1994 (Streets and Highways code 36600). Direct levies are added to secured property tax bills and collected by Sacramento County.

$463Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$482K
Ln 12
Fees for servicesLn 2g$482K
Investment incomeLn 3$6
Money outPt IX
$492K
Ln 25
Programscol B$463K
Managementcol C$29K
Owns and owesPt X
$57K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$65K
LiabilitiesLn 26$8K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$482K
Investment incomeLn 3$6
Gains on assetsLn 7$0
Total revenueLn 12$482K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$9K
Cash and savings togetherLn 1–2$9K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$56K
Other assetsLn 15$0
Total assetsLn 16$65K
LiabilitiesLn 26$8K
Net assetsLn 32$57K
OperationsPt I, VI
EmployeesI 51
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
LineStart FY24End FY24
Cash and savingsLn 1–2$21K$9K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$68K$56K
Total assetsLn 16$89K$65K
LiabilitiesLn 26$22K$8K
Net assetsLn 32$67K$57K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$160$160
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$102K$92K$10K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$18K$17K$1K
Payroll taxesLn 10$8K$7K$795
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$306K$301K$5K
Advertising and promotionLn 12$7K$7K
Office expensesLn 13$5K$4K$489
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$22K$20K$2K
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$12K$12K
InsuranceLn 23$3K$3K$326
Other expenses (24a–d)Ln 24$5$4$1
All other expensesLn 24e$0
Total functional expensesLn 25$492K$463K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $482K$492K−$10K$57K 990 PDF
FY2023 $516K$600K−$85K$67K 990 PDF
FY2022 $425K$491K−$66K$152K 990 PDF
FY2021 $442K$429K$13K$218K 990 PDF
FY2020 $418K$402K$15K$205K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $482,196 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $100,000$0
I-9 Program service revenuePrior year $415,515$482,190
I-10 Investment incomePrior year $145$6
I-11 Other revenue$0
I-12 Total revenuePrior year $515,660$482,196
I-13 Grants and similar amounts paid$160
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $125,011$128,160
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $475,251$363,759
I-18 Total expensesPrior year $600,262$492,079
I-19 Revenue less expensesPrior year −$84,602−$9,883
Part VI · Governance 14 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $482,196 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $482,190$482,190
VIII-3 Investment incomeExcluded from tax $6$6
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$0
VIII-12 Total revenueRelated to mission $482,190 · Excluded from tax $6$482,196
Part IX · Statement of functional expenses $492,079 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $160$160
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 $92,250 · Management $10,250$102,500
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $16,648 · Management $1,059$17,707
IX-10 Payroll taxesPrograms $7,158 · Management $795$7,953
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,563$8,563
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $300,720 · Management $5,000$305,720
IX-12 Advertising and promotionPrograms $7,277$7,277
IX-13 Office expensesPrograms $4,401 · Management $489$4,890
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $20,153 · Management $2,239$22,392
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 amortizationPrograms $11,654$11,654
IX-23 InsurancePrograms $2,932 · Management $326$3,258
IX-24 Other expenses (24a–d)Programs $4 · Management $1$5
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $463,357 · Management $28,722 · Fundraising $0$492,079
Part X · Balance sheet $65,288 assets, 17 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $21,455$9,107
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 $67,835$56,181
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 assets$0
X-16 Total assetsStart of year $89,290$65,288
X-17 Accounts payable and accrued expensesStart of year $22,020$7,901
X-26 Total liabilitiesStart of year $22,020$7,901
X-32 Total net assets or fund balancesStart of year $67,270$57,387
X-33 Total liabilities and net assetsStart of year $89,290$65,288
Part XI · Reconciliation of net assets $57,387 net assets at year end
XI-1 Total revenue$482,196
XI-2 Total expenses$492,079
XI-3 Revenue less expenses−$9,883
XI-4 Net assets at start of year$67,270
XI-10 Net assets at end of year$57,387

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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