Downtown Springdale Alliance
- Assets
- $1.0m
- Revenue
- $653.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Springdale, AR
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 58-2117723
Organization Overview
Downtown Springdale Alliance is located in Springdale, AR. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Downtown Springdale Alliance employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Springdale Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Downtown Springdale Alliance generated $653.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.6% each year . All expenses for the organization totaled $687.8k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Downtown Springdale Alliance has awarded 25 individual grants totaling $1,068,346. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE A VIBRANT DOWNTOWN SPRINGDALE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE A VIBRANT DOWNTOWN SPRINGDALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Dabbs Executive Director | 40 | $109,353 | |
Brenda Anderson Secretary | OfficerTrustee | 1 | $0 |
Dina Wood Vice President | OfficerTrustee | 1 | $0 |
Jacob Mcconnell Treasurer | OfficerTrustee | 1 | $0 |
Mike Gilbert President | OfficerTrustee | 1 | $0 |
Anna George Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $273,938 |
| All other contributions, gifts, grants, and similar amounts not included above | $335,231 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $609,169 |
| Total Program Service Revenue | $41,590 |
| Investment income | $2,600 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $653,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $230,025 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,353 |
| Compensation of current officers, directors, key employees. | $109,353 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,201 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,709 |
| Payroll taxes | $17,721 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,092 |
| Office expenses | $11,049 |
| Information technology | $12,667 |
| Royalties | $0 |
| Occupancy | $4,814 |
| Travel | $1,687 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,383 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,875 |
| All other expenses | $10,886 |
| Total functional expenses | $687,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,082 |
| Savings and temporary cash investments | $692,925 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,033,007 |
| Accounts payable and accrued expenses | $986 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $986 |
| Net assets without donor restrictions | $366,406 |
| Net assets with donor restrictions | $665,615 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,033,007 |
Grants Awarded
Over the last fiscal year, Downtown Springdale Alliance has awarded $207,647 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SPACKMAN MOSSOP MICHAELS PURPOSE: LUTHER GEORGE PARK DESIGN EXCELLENCE GRANT | $115,659 |
GRANDSLAM PERFORMANCE ASSOCIATES DBA SERVE2PERFORM PURPOSE: DIVERSITY, EQUITY & INCLUSION GRANT | $41,000 |
VESTA GROUP LLC PURPOSE: FACADE GRANT | $12,000 |
617 E EMMA LLC PURPOSE: FACADE GRANT | $10,000 |
HOLCOLM ARTS DISTRICT PURPOSE: FACADE GRANT | $10,000 |
COLLIER INSURANCE GROUP PURPOSE: FACADE GRANT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Downtown Springdale Alliance has recieved totaling $298,000.
| Awarding Organization | Amount |
|---|---|
Tyson Foundation Inc Fayetteville, AR PURPOSE: TURNBOW PERFORMING ARTS GRANT AND EVENT SPONSORSHIP | $160,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO ACTIVATE DOWNTOWN SPRINGDALE AS A GATHERING PLACE AND CREATE MEANINGFUL EXPERIENCES THAT CONNECT AND BUILD COMMUNITY AMONG RESIDENTS AND VISITORS ALIKE. | $108,000 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO ENGAGE A QUALIFIED RECRUITING AGENCY IN THE HIRING OF AN EXECUTIVE DIRECTOR THROUGH A NATIONAL SEARCH AND TO SUPPLEMENT THE SELECTED CANDIDATE'S SALARY OVER THE SUBSEQUENT THREE YEARS. | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Three Rivers Planning & Development District Pontotoc, MS | $48,398,868 | $43,682,575 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Christian Community Development Corporation Inc Memphis, TN | $275,024,548 | $28,566,509 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Crawford Sebastian Community Development Council Inc Fort Smith, AR | $10,081,488 | $25,336,007 |
Hope Enterprise Corporation Jackson, MS | $150,349,143 | $24,959,106 |
Delta Area Economic Opportunity Corporation Portageville, MO | $22,832,856 | $23,706,654 |
Upper East Tennessee Human Development Agency Kingsport, TN | $7,143,102 | $23,146,809 |
Northwest Tennessee Economic Development Council Dresden, TN | $2,980,191 | $21,895,121 |
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |