Skip to content
Nonprofiteer
← INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION

Form 990 for tax year 2023

Filed by INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION.

Totals

Total revenue
$1,314,323
Total expenses
$444,830
Contributions and grants received
$1,314,323
Grants paid
$327,980
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,478,133
Total liabilities, end of year
$16,371
Net assets or fund balances, end of year
$1,461,762
Program services expenses (Part IX)
$424,132
Management and general expenses
$20,698
Fundraising expenses
$0
Program service expenses (Part III)
$424,132

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,314,323

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $327,980 · program services $327,980

  • 11a · Fees: management

    total $92,720 · program services $92,720

  • 11c · Fees: accounting

    total $22,062 · program services $1,364 · management and general $20,698

  • 17 · Travel

    total $2,068 · program services $2,068

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $658,906 · end of year $1,478,133

  • 17 · Accounts payable and accrued expenses

    beginning of year $66,637 · end of year $16,371

  • 27 · Net assets without donor restrictions

    beginning of year $1,501 · end of year $1,501

  • 28 · Net assets with donor restrictions

    beginning of year $590,768 · end of year $1,460,261

Mission and programs · 2023

Mission

FOUNDATION IS A CHARITABLE ORGANIZATION ESTABLISHED TO WORK IN COLLABORATION WITH INTERNATIONAL DOWNTOWN ASSOCIATION (IDA) TO PROVIDE SUPPORT FOR THE OPERATION OF CHARITABLE AND EDUCATIONAL PROGRAMS.

Activities or mission (Part I)

INTERNATIONAL DOWNTOWN ASSOCIATION FOUNDATION (FOUNDATION) IS A CHARITABLE ORGANIZATION ESTABLISHED TO WORK IN COLLABORATION WITH INTERNATIONAL DOWNTOWN ASSOCIATION (IDA) TO PROVIDE SUPPORT FOR THE OPERATION OF CHARITABLE AND EDUCATIONAL PROGRAMS.

  • THE BACKING INTERNATIONAL SMALL RESTAURANTS GRANTS PROGRAM IS AIMED AT BOOSTING BUSINESS FOR CULTURALLY SIGNIFICANT AND INDEPENDENT RESTAURANTS THAT DEMONSTRATE A POSITIVE IMPACT ON THEIR COMMUNITY, AND ARE OWNED BY INDIVIDUALS FROM UNDERREPRESENTED AND/OR ECONOMICALLY VULNERABLE GROUPS. THE GOAL IS TO HELP THESE RESTAURANTS WITH CRITICAL IMPROVEMENTS AND LONG-TERM. TO BE ELIGIBLE, RESTAURANTS MUST ALREADY BE IN OPERATION AND HAVE A BRICK AND MORTAR LOCATION/STOREFRONT IN ONE OF THE CITIES LISTED BELOW: UK - LONDON AND MANCHESTER; MEXICO - MEXICO CITY; AUSTRALIA - SYDNEY AND MELBOURNE; JAPAN - TOKYO AND OSAKA; OR CANADA - TORONTO AND MONTREAL.

    Expenses $369,809 · Grants $327,980 · Revenue $1,314,323

  • IDA FOUNDATION SUPPORTS IMPROVEMENT DISTRICT CAPACITY BUILDING THROUGH EDUCATIONAL RESOURCES AND EVENTS EMPOWERING THE PROFESSIONAL DEVELOPMENT OF PLACE MANAGERS AND THEIR PLACE-BASED NONPROFIT ORGANIZATIONS.

    Expenses $54,323

As filed on the 2023 return.

Listed in Part VII

  • David Downey

    EXECUTIVE DIRECTOR

    Total calculated
    $317,863
    From this org
    $0
    From related orgs
    $291,859
    Other
    $26,004
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,963 related
    Bonus
    $0 + $29,896 related
    Other
    $0
    Deferred
    $0 + $17,512 related
    Nontaxable benefits
    $0 + $8,492 related
    Filer's total
    $0 + $317,863 related

  • Davon Barbour

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Raphael Clemente

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Betsy Brennan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Andy Taft

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349310890

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.