DOWNTOWN VISION ALLIANCE INC

EIN: 205076887 501(c)(3) Community Improvement

JACKSONVILLE, FL

Total Revenue
$1,262,004
Total Expenses
$1,323,144
Total Assets
$215,775
Net Assets
$138,835
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
FL
Principal Officer
JACOB A GORDON
Phone
9046340303
Tax Period
2023-10-01 to 2024-09-30

DOWNTOWN VISION ALLIANCE INC, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

TO CONDUCT FUNDRAISING ACTIVITIES ON BEHALF OF FINANCIALLY INTERRELATED DOWNTOWN VISION, INC., A 501(C)(6) ORGANIZATION, WHOSE EXEMPT PURPOSE IS TO ENHANCE AND IMPROVE THE BUSINESS CONDITIONS IN THE CENTRAL BUSINESS DISTRICT OF THE CITY OF JACKSONVILLE.

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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 $1,107,992
Program Service Revenue $216,176
Investment Income $1,492
Other Revenue $-63,656
TOTAL REVENUE $1,262,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,246,215
Other Expenses $1,323,144
TOTAL EXPENSES $1,323,144

Year-over-Year Comparison

2023 2022 Change
Revenue $1,262,004 $1,329,524 -0.1%
Expenses $1,323,144 $1,379,094 0.0%
Net Income $-61,140 $-49,570 +0.2%
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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Governance

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

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
5
$179,691
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL DAVISON CHAIR 1.00
Officer Director
$0 $0 $0
WILL LANDRETH TREASURER 1.00
Officer Director
$0 $0 $0
KERRI STEWART VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALLAN IOSUE SECRETARY 1.00
Officer Director
$0 $0 $0
NUMA SAISSELIN IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
CARYN CARREIRO BOARD MEMBER 1.00
Director
$0 $0 $0
JAN HANAK BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE CROSBY BOARD MEMBER 1.00
Director
$0 $0 $0
CYNDY TRIMMER BOARD MEMBER 1.00
Director
$0 $0 $0
OLIVER BARAKAT BOARD MEMBER 1.00
Director
$0 $0 $0
KACI BARNES BOARD MEMBER 1.00
Director
$0 $0 $0
JACOB A GORDON CEO 20.00
Officer
$0 $7,083 $179,691
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 $1,262,004 $1,323,144 $215,775 $-61,140
2023 $1,329,524 $1,379,094 $277,928 $-49,570
2022 $1,062,593 $1,080,161 $548,334 $-17,568
2021 $1,204,006 $1,119,320 $267,113 $84,686
2020 $377,155 $328,300 $236,897 $48,855
2019 $224,937 $151,347 $183,409 $73,590
2018 $229,241 $216,415 $89,214 $12,826
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