DOWNTOWN SRQ ENRICHMENT INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
DOWNTOWN SRQ ENRICHMENT INC (EIN 82-5400239)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-11
IRS object ID
202511319349300211
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-11T14:53:06-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203998066PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Linda J Mason CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14428 Sanibel WayAddressLine1Txt
CityBradentonCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN825400239EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DOWNTOWN SRQ ENRICHMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% DARCI JACOBSInCareOfNm
Business Name ControlDOWNBusinessNameControlTxt
Phone7275423000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11441 MAIN STREETAddressLine1Txt
CitySarasotaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34236ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDARCI JACOBSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9412665495PhoneNum
Signature2025-05-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLINDA J MASONPreparerPersonNm
PTINP00245355PTIN
Phone9414651779PhoneNum
Preparation2025-05-11PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDARCI JACOBSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11441 MAIN STREETAddressLine1Txt
CitySarasotaCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34236ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$134,711GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressSARASOTADOWNTOWNMERCHANTS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO BRING TOGETHER THE PEOPLE AND BUSINESS OF SARASOTA AND PROVIDE FREE EVENTS FOR ALL PEOPLE OF SARASOTAActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$105,683PYContributionsGrantsAmt
CY Contributions Grants$27,250CYContributionsGrantsAmt
CY Program Service Revenue$107,461CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$105,683PYTotalRevenueAmt
CY Total Revenue$134,711CYTotalRevenueAmt
PY Grants And Similar Paid$1,020PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,400CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$87,717PYOtherExpensesAmt
CY Other Expenses$131,059CYOtherExpensesAmt
PY Total Expenses$88,737PYTotalExpensesAmt
CY Total Expenses$132,459CYTotalExpensesAmt
PY Revenues Less Expenses$16,946PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,252CYRevenuesLessExpensesAmt
Total Assets BOY$25,105TotalAssetsBOYAmt
Total Assets EOY$27,357TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$25,105NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,357NetAssetsOrFundBalancesEOYAmt
MissionTO BRING TOGETHER THE RESIDENTS OF SARASOTA WITH VARIOUS MERCHANTS AND PROVIDERS THROUGH FREE EVENTS DOWNTOWNMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$132,459ExpenseAmt
Revenue$134,711RevenueAmt
DescTO BRING TOGETHER THE RESIDENTS OF SARASOTA WITH VARIOUS EVENTS AND CELEBRATIONS WHILE PROMOTING LOCAL BUSINESSDesc
Total Program Service Expenses$132,459TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Excs Tax Sect4951 Or4952 Or4953falseExcsTaxSect4951Or4952Or4953Ind
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDARCI JACOBSPersonNm
Phone9412665495PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11441 MAIN STREETAddressLine1Txt
CitySARASOTACityNm
State AbbreviationFLStateAbbreviationCd
ZIP34236ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RONALD SOTO
FUNDRAISING CHAIR5.000.00Yes (X)$0$0$0
DARCI JACOB
PRESIDENTTREASURER15.000.00Yes (X)$0$0$0
HARMONI KRUSING
VICE PRESIDENT5.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$7,200MembershipDuesAmt
Government Grants$14,300GovernmentGrantsAmt
All Other Contributions$5,750AllOtherContributionsAmt
Total Contributions$27,250TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM PARTICIPATIONDesc
Total Revenue Column$107,461TotalRevenueColumnAmt
Related Or Exempt Func Income$107,461RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$107,461TotalProgramServiceRevenueAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$134,711TotalRevenueColumnAmt
Related Or Exempt Func Income$107,461RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,400TotalAmt
Program Services$1,400ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,245TotalAmt
Program Services$695ProgramServicesAmt
Management And General$550ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$74,699TotalAmt
Program Services$74,699ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$20,817TotalAmt
Program Services$20,817ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$664TotalAmt
Program Services$507ProgramServicesAmt
Management And General$157ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$515TotalAmt
Program Services$515ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$404TotalAmt
Program Services$282ProgramServicesAmt
Management And General$122ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,920TotalAmt
Program Services$2,044ProgramServicesAmt
Management And General$876ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EQUIPMENT RENTAL$4,245$4,245
PERMITS$3,835$3,835
LICENSES$575$575
SUPPLIES$1,170$1,170

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$19,970TotalAmt
Program Services$19,970ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$132,459TotalAmt
Program Services$130,179ProgramServicesAmt
Management And General$2,280ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$25,105BOYAmt
EOY$27,357EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$25,105BOYAmt
EOY$27,357EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$25,105BOYAmt
EOY$27,357EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,105BOYAmt
EOY$27,357EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,105BOYAmt
EOY$27,357EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,252ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,924CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$137,319CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$113,289CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$105,682CurrentTaxYearMinus1YearAmt
Current Tax Year$27,250CurrentTaxYearAmt
Total$411,464TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$62,099CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$10,965CurrentTaxYearMinus2YearsAmt
Current Tax Year$107,461CurrentTaxYearAmt
Total$180,525TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$90,023CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$137,319CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$124,254CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$105,682CurrentTaxYearMinus1YearAmt
Current Tax Year$134,711CurrentTaxYearAmt
Total$591,989TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$591,989PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$90,023CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$137,319CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$124,254CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$105,682CurrentTaxYearMinus1YearAmt
Current Tax Year$134,711CurrentTaxYearAmt
Total$591,989TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (16 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part VI Line 6MEMBERS BUT NO VOTING RIGHT SINVOLVED
Part VI Line 8aMINUTES TAKEN AT ALL MEETINGS
Part VI Line 8bMINUTES TAKEN AT ALL MEETINGS
Part VI Line 11bPRESENTED TO BOARD AND AVAILABLE UPON REQUEST
Part VI Line 12cNO EMPLOYEES
Part VI Line 15a or bNO COMPENSATION
Part VI Line 19ALL DOCUMENTS AVAILABLE UPON REQUEST
Part VIINOT APPLICABLE
Part VII Column ENOT APPLICABLE
Part IX Line 11gBANK FEES Total expenses - $15.00 Program service expenses - $15.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
Part IX Line 11gENTERTAINERS Total expenses - $47423.00 Program service expenses - $47423.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
Part IX Line 11gSECURITY Total expenses - $15251.00 Program service expenses - $15251.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
Part IX Line 11gOUTSIDE LIGHTING Total expenses - $7000.00 Program service expenses - $7000.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
Part IX Line 11gPAYPAL FEES Total expenses - $603.00 Program service expenses - $603.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
Part IX Line 11gWASTE REMOVAL Total expenses - $4407.00 Program service expenses - $4407.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00
Part IX Line 24eFOOD AND BEVERAGE Total expenses - $19970.00 Program service expenses - $19970.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

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