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Roanoke Foundation For Downtown Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$114k (2023)

Expenses
$132k (2023)

Total Assets
$307k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$114,118
Expenses
$131,588
Net Income
-$17,470
Net Assets
$307,263
Notable Sources of Revenue Percent of Total Revenue
Contributions $91,942
80.6%
Program Services $0
Investment Income $5,451
4.8%
Net Fundraising $0
Sales of Assets $16,725
14.7%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $307,263
Total Liabilities $0
Net Assets $307,263
Compensation
Key Employees and Officers Compensation Other
Tony Pearman (President) $0 $0
Dr Thomas Mckeon (Director) $0 $0
Melissa Mays (Treasurer) $0 $0
William D Poe (Vice Preside) $0 $0
John Garland (Director) $0 $0
Rebekah Gunn (Director) $0 $0
Robert Jaeger (Secretary) $0 $0
Paul Phillips (Director) $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$16,255
Expenses
$15,480
Net Income
$775
Net Assets
$308,066
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,840
66.7%
Program Services $0
Investment Income $5,415
33.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $308,066
Total Liabilities $0
Net Assets $308,066
Compensation
Key Employees and Officers Compensation Other
Tony Pearman (President) $0 $0
Dr Thomas Mckeon (Director) $0 $0
Melissa Mays (Treasurer) $0 $0
William D Poe (Director) $0 $0
Dr Raymond D Smoot Jr (Director) $0 $0
Mike Sutton (Vice Preside) $0 $0
Bethany Sherman (Secretary) $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$39,428
Expenses
$13,740
Net Income
$25,688
Net Assets
$347,227
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,983
22.8%
Program Services $0
Investment Income $5,153
13.1%
Net Fundraising $0
Sales of Assets $25,292
64.1%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $347,227
Total Liabilities $0
Net Assets $347,227
Compensation
Key Employees and Officers Compensation Other
Tony Pearman (President) $0 $0
Dr Thomas Mckeon (Director) $0 $0
Melissa Mays (Treasurer) $0 $0
William D Poe (Director) $0 $0
Dr Raymond D Smoot Jr (Director) $0 $0
Mike Sutton (Vice Preside) $0 $0
Bethany Sherman (Secretary) $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$63,471
Expenses
$162,822
Net Income
-$99,351
Net Assets
$273,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,230
13.0%
Program Services $0
Investment Income $5,949
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $49,292
77.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $273,389
Total Liabilities $95
Net Assets $273,294
Compensation
Key Employees and Officers Compensation Related Other
Beverly T Fitzpatrick (Director) $0 $0 $0
Edwin C Hall (Director) $0 $0 $0
Raymond D Smoot Jr (Director) $0 $0 $0
Stephen W Lemon (Dir And Pres) $0 $0 $0
Thomas Mckeon (Director) $0 $0 $0
Steve Musselwhite (Dir And Vice) $0 $0 $0
Melissa Palmer (Director) $0 $0 $0
Tony Pearman (Dir And Secr) $0 $0 $0
William D Poe (Director) $0 $0 $0
Mike Sutton (Director) $0 $0 $0
Joseph B Wright (Dir And Trea) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$40,486
Expenses
$9,499
Net Income
$30,987
Net Assets
$400,330
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,213
10.4%
Program Services $0
Investment Income $8,231
20.3%
Net Fundraising $0
Sales of Assets $28,042
69.3%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $400,330
Total Liabilities $0
Net Assets $400,330

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$25,199
Expenses
$11,086
Net Income
$14,113
Net Assets
$370,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,725
22.7%
Program Services $0
Investment Income $7,421
29.4%
Net Fundraising $0
Sales of Assets $12,053
47.8%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $370,774
Total Liabilities $101
Net Assets $370,673

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$24,013
Expenses
$32,094
Net Income
-$8,081
Net Assets
$340,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,671
48.6%
Program Services $0
Investment Income $7,035
29.3%
Net Fundraising $0
Sales of Assets $5,307
22.1%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $355,578
Total Liabilities $15,000
Net Assets $340,578

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$44,442
Expenses
$15,027
Net Income
$29,415
Net Assets
$320,387
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,985
22.5%
Program Services $0
Investment Income $6,444
14.5%
Net Fundraising $0
Sales of Assets $28,013
63.0%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $320,387
Total Liabilities $0
Net Assets $320,387

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$12,425
Expenses
$11,237
Net Income
$1,188
Net Assets
$313,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,226
50.1%
Program Services $0
Investment Income $6,149
49.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50
0.4%
Assets/Debt
Total Assets $313,946
Total Liabilities $125
Net Assets $313,821

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$13,432
Expenses
$14,672
Net Income
-$1,240
Net Assets
$298,335
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,770
57.8%
Program Services $0
Investment Income $5,339
39.7%
Net Fundraising $0
Sales of Assets $323
2.4%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $300,605
Total Liabilities $2,270
Net Assets $298,335

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$5,505
Expenses
$19,358
Net Income
-$13,853
Net Assets
$250,836
Notable Sources of Revenue Percent of Total Revenue
Contributions $14
0.3%
Program Services $0
Investment Income $5,194
94.4%
Net Fundraising $0
Sales of Assets $297
5.4%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $251,495
Total Liabilities $659
Net Assets $250,836

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$15,897
Expenses
$9,530
Net Income
$6,367
Net Assets
$232,879
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,469
65.9%
Program Services $0
Investment Income $4,592
28.9%
Net Fundraising $0
Sales of Assets $836
5.3%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $242,432
Total Liabilities $9,553
Net Assets $232,879

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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