Blvd Association FY2023 filing

Lancaster, CA · Business league / trade association

! Not tax-deductible Latest data FY2023
Revenue
$461K
▲ +18% vs prior year
Spent
$483K
To programs
0%
Net assets
$166K
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
0% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +18% vs prior year
Legal name (IRS)Hdr · item CBlvd Association
EINHdr · item D95-4237101
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFJan 1991
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLancaster, CA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.theblvdlancaster.com

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$461K
FY2023▲ +18%
Expenses
$483K
FY2023▲ +3%
Operating surplus
-5%
revenue over expenses
Earned revenue
6%
of revenue from program services & dues

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$166K
FY2023▼ -12%
Total liabilities
$171
FY2023
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$166K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$166K
Total assetsLn 16$166K
Total liabilitiesLn 26$171
Total net assetsLn 32$166K
Months of cash on handcomputed4.1

Statement of Revenue

Part VIII
Contributions & grants$432K · 94%
Program service revenue$29K · 6%
Contributions & grants94%$432K
Program service revenue6%$29K
Investment income$691
— government grantsLn 1e$432K
Total revenueLn 12$461K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $166K · Operating expenses/yr $483K
4.1 months
Where the money goes
Program services
Program services $0 · Total expenses $483K
not reported
Management & General
Management & general $0 · Total expenses $483K
not reported
Fundraising
Fundraising $0 · Total expenses $483K
not reported
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 $432K · Total revenue $461K
94%
Government reliance
Government grants $432K · Total revenue $461K
94%
Earned-income share
Program service revenue $29K · Total revenue $461K
6%
Investment reliance
Investment income $691 · Total revenue $461K
+0.1%
Program self-sufficiency
Program service revenue $29K · Total expenses $483K
6%
Growth & trend
Revenue growth (YoY)
This year $461K · Prior year $392K
+18%
Net-asset trend (YoY)
End of year $166K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $461K · Expenses $483K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $166K
—
Net-asset ratio
Net assets $166K · Total assets $166K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $166K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nicole Jones · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $483K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $483K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 0%——
Fundraising cost ratio 0%——
Revenue growth 18%——
Legal fee ratio 5%——
Accounting fee ratio 0.5%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Blvd Association executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
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

Mission and programs

Promotes a safe, friendly downtown Lancaster for business, community, and cultural life.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2023.
01

In the current year the BLVD association continued to help promote downtown lancaster boulevard businesses by promoting BLVD business through advertising in local publications and by participating in local special events.

Pt IX · col B

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Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $419K$420K-9% 990 PDF
FY2023 Viewing $461K$483K+18% 990 PDF
FY2022 $392K$469K+13% 990 PDF
FY2021 $347K$373K-27% 990 PDF
FY2020 $479K$407K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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