DOWNTOWN BURBANK PARTNERSHIP INC

EIN: 200364210 Community Improvement

BURBANK, CA

Total Revenue
$1,034,848
Total Expenses
$1,167,320
Total Assets
$525,286
Net Assets
$513,227
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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
2003
Legal Domicile
CA
Principal Officer
MICHAEL CUSUMANO
Phone
8182385170
Tax Period
2023-01-01 to 2023-12-31

DOWNTOWN BURBANK PARTNERSHIP INC, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 13% operating deficit.

Mission

CONDUCT BUSINESS FOR THE REVITALIZATION, IMPROVEMENT, AND ACTIVITIES FOR DOWNTOWN BURBANK.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,028,044
Investment Income $6,804
Other Revenue $0
TOTAL REVENUE $1,034,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,167,320
TOTAL EXPENSES $1,167,320

Year-over-Year Comparison

2023 2022 Change
Revenue $1,034,848 $1,120,900 -0.1%
Expenses $1,167,320 $1,031,611 +0.1%
Net Income $-132,472 $89,289 -2.5%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
14

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL CUSUMANO CHAIR 1.00
Officer Director
$0 $0 $0
JAMES O'NEIL VICE-CHAIR 1.00
Officer Director
$0 $0 $0
DOMINICK SCAROLA TREASURER 1.00
Officer Director
$0 $0 $0
TED SLAUGHT SECRETARY 1.00
Officer Director
$0 $0 $0
MARY ANN BARROSO-CASTANON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE DESCHAINE DIRECTOR 1.00
Director
$0 $0 $0
ERIK MAENNER DIRECTOR 1.00
Director
$0 $0 $0
PATRICK PRESCOTT DIRECTOR 1.00
Director
$0 $0 $0
BRETT WARNER DIRECTOR 1.00
Director
$0 $0 $0
JUDIE WILKE DIRECTOR 1.00
Director
$0 $0 $0
PARHAM YEDIDSION DIRECTOR 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $1,034,848 $1,167,320 $525,286 $-132,472
2022 $1,120,900 $1,031,611 $641,804 $89,289
2021 $1,065,957 $891,874 $588,910 $174,083
2020 $930,719 $786,227 $422,880 $144,492
2019 $977,944 $950,357 $335,388 $27,587
2018 $725,358 $761,704 $353,022 $-36,346
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