WESTPORT, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE WESTPORT DOWNTOWN ASSOCIATION INC, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $582K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $531K left a modest 9% surplus.
THE WESTPORT DOWNTOWN ASSOCIATION IS DEDICATED TO PROMOTING THE ECONOMIC INTERESTS OF THE ENTIRE DOWNTOWN WESTPORT BUSINESS COMMUNITY, MEMBERS AND NON MEMBERS, IN ORDER TO DEVELOP AND IMPROVE COMMERCE AND CULTURE IN WESTPORT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $582,202 | $500,023 | +0.2% |
| Expenses | $530,972 | $440,709 | +0.2% |
| Net Income | $51,230 | $59,314 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAKE NOLAN | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE WRIGHT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BANGSER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATE GREENBERG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA LABOISSONNIERE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELI ZIMMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MEREDITH DONANHER WHITE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIE TORATY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TORREY BROOKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WALDMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL TAIBE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN BELPEDIO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAXX CROWLEY | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNETTE NORTON | SENIOR VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSHUA ALLEN | BOARD MEMBER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MONIQUE HODGES | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2026 | No data | No data | No data | No data |
| 2025 | No data | No data | No data | No data |
| 2024 | $582,202 | $530,972 | $152,604 | $51,230 |
| 2023 | $500,023 | $440,709 | $96,262 | $59,314 |
| 2022 | $460,735 | $453,681 | $37,188 | $7,054 |
| 2021 | $270,355 | $261,152 | $29,894 | $9,203 |
| 2020 | $305,325 | $284,450 | $21,849 | $20,875 |
| 2019 | $226,577 | $236,965 | $6,302 | $-10,388 |
Compare THE WESTPORT DOWNTOWN ASSOCIATION INC with other nonprofits in Connecticut and across the country.