Totals
- Total revenue
- $93,068
- Total expenses
- $87,312
- Contributions and grants received
- $156,000
- Grants paid
- $40,000
- Program service revenue
- $22,831
- Investment income
- $709
- Other revenue
- -$86,472
- Total assets, end of year
- $5,145,364
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,145,364
- Program services expenses (Part IX)
- $67,764
- Management and general expenses
- $19,548
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $67,764
Program services were 77.6% 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
$156,000
-
2a · Program service revenue: INTEREST ON PROGRAM LO
total $22,831 · related or exempt $22,831
-
3 · Investment income
total $709 · excluded $709
-
11a · Other revenue: MISCELLANOUS REVENUE
total $200 · excluded $200
-
11b · Other revenue: LOSS FROM PASSTHROUGH
total -$86,672 · excluded -$86,672
-
11e · Other revenue, total
-$86,472
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $40,000 · program services $40,000
-
11b · Fees: legal
total $12,940 · management and general $12,940
-
11c · Fees: accounting
total $6,100 · management and general $6,100
-
11g · Fees: other
total $4,725 · program services $4,725
-
13 · Office expenses
total $308 · management and general $308
-
19 · Conferences, conventions and meetings
total $120 · program services $120
-
23 · Insurance
total $3,390 · program services $3,390
-
24a · Other expenses: CARRYING COSTS OF PROJE
total $18,239 · program services $18,239
-
24b · Other expenses: MAINTENANCE OF PROJECT
total $1,290 · program services $1,290
-
24c · Other expenses: OHIO FEE
total $200 · management and general $200
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $3,298,208 · end of year $3,036,301
-
10a · Land, buildings and equipment: cost or other basis
$1,371,992
-
10c · Land, buildings and equipment, net
beginning of year $979,591 · end of year $1,371,992
-
13 · Investments: program-related
beginning of year $862,003 · end of year $737,071
-
17 · Accounts payable and accrued expenses
beginning of year $194 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $5,139,608 · end of year $5,145,364
Mission and programs · 2022
Mission
TO AID IN THE ECONOMIC DEVELOPMENT, REVITALIZATION, AND ELIMINATION OF BLIGHT IN THE CITY OF SPRINGFIELD AND THE CITY'S CORE DOWNTOWN AREA.
Activities or mission (Part I)
ECONOMIC DEVELOPMENT IN DOWNTOWN SPRINGFIELD, OHIO.
-
ECONOMICALLY DEVELOP DOWNTOWN SPRINGFIELD, OHIO BY FUNDRAISING AND MAKING LOANS AND GRANTS THAT ENABLE SUCH DEVELOPMENT.
Expenses $67,764 · Grants $40,000 · Revenue $22,831
As filed on the 2022 return.
Listed in Part VII
-
Mike McDormanMIKE MCDORMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Tom LoftisTOM LOFTIS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer HutchinsonJENNIFER HUTCHINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Adam GroshansADAM GROSHANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Glenn PlumbyGLENN PLUMBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John LandessJOHN LANDESS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan CareySUSAN CAREY
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.
Grants on this return
-
$40,000
DEVELOP SPRINGFIELD
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SPRINGFORWARD II LLC
INVESTMENTS · OH
Directly controlled by SPRINGFORWARD
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349302448
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