BOONTON MAIN STREET INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

DAVID KOCH

Phone

9732579107

Tax Period

2020-01-01 to 2020-12-31

BOONTON MAIN STREET INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $669K in total revenue in fiscal year 2020. Revenue surged 1570% from the prior year, signaling strong growth momentum. The organization ran a surplus of $225K, a strong 34% operating margin.

Mission

TO PROMOTE THE HISTORIC PRESERVATION OF, TO REMEDIATE THE DETERIORATION OF AND TO DISSEMINATE INFORMATION ABOUT BOONTON'S HISTORIC DOWNTOWN AREA.

Program Service Accomplishments

Program 1

Expenses: $443,710 Revenue: $669,180

PROVIDE FINANCIAL ASSISTANCE TO THE DOWNTOWN BUSINESS COMMUNITY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $669,180

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $669,180

Expense Breakdown

Grants Paid $333,937

Salaries & Benefits $41,505

Fundraising Expenses $0

Program Expenses $443,710

Other Expenses $68,268

TOTAL EXPENSES $443,710

Year-over-Year Comparison

	2020	2019	Change
Revenue	$669,180	$40,060	+15.7%
Expenses	$443,710	$36,475	+11.2%
Net Income	$225,470	$3,585	+61.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$37,346

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANKIE MCDONALD	PRESIDENT	0.00	Director	$0	$0	$0
JANE CONWAY	VICE PRESIDENT	0.00	Director	$0	$0	$0
LAUREL DURENBERGER	SECRETARY	0.00	Director	$0	$0	$0
MARTA PASCARELLA	TREASURER	0.00	Director	$0	$0	$0
MARIE DEVENEZLA	LIASON	0.00	Director	$0	$0	$0
MARK HETTRICH	BOARD MEMBER	0.00	Director	$0	$0	$0
MICKEY CHOPRA	BOARD MEMBER	0.00	Director	$0	$0	$0
STEVEN KAMPSCHMIDT	EXECUTIVE DIRECTOR	0.00	Director	$0	$0	$0
LAURA WAGNER	DIRECTOR	20.00	Director	$37,346	$0	$37,346

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$669,180	$443,710	$234,022	$225,470