Totals
- Total revenue
- $258,111
- Total expenses
- $335,037
- Contributions and grants received
- $130,086
- Grants paid
- $7,320
- Program service revenue
- $122,569
- Investment income
- $4,027
- Other revenue
- $1,429
- Total assets, end of year
- $137,831
- Total liabilities, end of year
- $76,960
- Net assets or fund balances, end of year
- $60,871
- Program services expenses (Part IX)
- $279,533
- Management and general expenses
- $55,504
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $279,533
Program services were 83.4% 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.
-
1a · Federated campaigns
$77,936
-
1d · Related organizations
$22,000
-
1e · Government grants (contributions)
$30,150
-
2a · Program service revenue: PROGRAM SERVICES
total $106,211 · related or exempt $106,211
-
2b · Program service revenue: VENDOR FEES
total $14,100 · related or exempt $14,100
-
2c · Program service revenue: DORA EVENT FEES
total $575 · related or exempt $575
-
2d · Program service revenue: FISCAL AGENCY FEE
total $1,683 · related or exempt $1,683
-
3 · Investment income
total $4,027 · related or exempt $4,027
-
6a · Gross rents
personal property $350
-
6c · Rental income or loss
personal property $350
-
6d · Net rental income or loss
total $350 · related or exempt $350
-
10a · Gross sales of inventory
$10,190
-
10b · Cost of goods sold
$13,648
-
10c · Net income from sales of inventory
total -$3,458 · related or exempt -$3,458
-
11a · Other revenue: UNREALIZED GAINS
total $4,537 · related or exempt $4,537
-
11b · Other revenue: FORGIVEN PPP LOAN
-
11e · Other revenue, total
$4,537
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,320 · program services $7,320
-
5 · Compensation of officers, directors and key employees
total $50,000 · program services $25,000 · management and general $25,000
-
9 · Other employee benefits
total $367 · management and general $367
-
10 · Payroll taxes
total $3,825 · program services $1,913 · management and general $1,912
-
11c · Fees: accounting
total $4,026 · management and general $4,026
-
11f · Fees: investment management
total $1,783 · program services $1 · management and general $1,782
-
11g · Fees: other
total $44,706 · program services $44,606 · management and general $100
-
12 · Advertising and promotion
total $28,891 · program services $28,891
-
13 · Office expenses
total $5,242 · management and general $5,242
-
14 · Information technology
total $7,777 · management and general $7,777
-
16 · Occupancy
total $3,964 · program services $1,214 · management and general $2,750
-
18 · Travel or entertainment for public officials
total $1,217 · program services $1,217
-
19 · Conferences, conventions and meetings
total $12,446 · program services $12,446
-
20 · Interest
total $5,136 · management and general $5,136
-
23 · Insurance
total $1,412 · management and general $1,412
-
24a · Other expenses: PROGRAM SERVICES
total $28,222 · program services $28,222
-
24b · Other expenses: SECURITY FOR EVENTS
total $2,515 · program services $2,515
-
24c · Other expenses: PROGRAM ENTERTAINMENT
total $50,308 · program services $50,308
-
24d · Other expenses: MISC EVENT EXPENSE
total $73,365 · program services $73,365
-
24e · All other expenses
total $2,515 · program services $2,515
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,230 · end of year $6,494
-
2 · Savings and temporary cash investments
beginning of year $115,103 · end of year $35,553
-
4 · Accounts receivable
end of year $1,933
-
8 · Inventories for sale or use
beginning of year $5,886 · end of year $5,025
-
11 · Investments: publicly traded securities
beginning of year $87,092 · end of year $88,826
-
17 · Accounts payable and accrued expenses
beginning of year $2,514 · end of year $1,960
-
18 · Grants payable
beginning of year $24,100 · end of year $24,100
-
24 · Unsecured notes and loans payable
beginning of year $50,900 · end of year $50,900
-
27 · Net assets without donor restrictions
beginning of year $113,697 · end of year $36,771
-
28 · Net assets with donor restrictions
beginning of year $24,100 · end of year $24,100
Mission and programs · 2023
Mission
PROMOTE BUSINESS IN DOWNTOWN MIDDLETOWN.
-
ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO PROMOTE BUSINESS IN DOWNTOWN MIDDELTOWN.
Expenses $279,533
As filed on the 2023 return.
Listed in Part VII
-
MIKE DRANSCHAK
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
STEPHEN WAYNE
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
MARY JOHNSON
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
CARLI HILLMAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441669349300239
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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