BOLIVAR DOWNTOWN DEVELOPMENT (EIN 260389989) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

SCOTT LEDBETTER

Tax Period

2023-07-01 to 2024-06-30

BOLIVAR DOWNTOWN DEVELOPMENT is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $508K, a strong 49% operating margin.

Mission

PROMOTE THE REDEVELOPMENT OF DOWNTOWN BOLIVAR, TN

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,015,815

Program Service Revenue $0

Investment Income $30,330

Other Revenue $0

TOTAL REVENUE $1,046,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,384

Fundraising Expenses $0

Program Expenses $538,417

Other Expenses $467,033

TOTAL EXPENSES $538,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,046,145	$1,018,284	+0.0%
Expenses	$538,417	$445,080	+0.2%
Net Income	$507,728	$573,204	-0.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CALVIN HOWELL	BOARD MEMBER	N/A	Director	$0	$0	$0
JULIAN MCTIZIC	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL MILLER	BOARD MEMBER	N/A	Director	$0	$0	$0
TODD PULSE	BOARD MEMBER	N/A	Director	$0	$0	$0
RASHAD SMITH	BOARD MEMBER	N/A	Director	$0	$0	$0
JERRY WATKINS	BOARD MEMBER	N/A	Director	$0	$0	$0
JAC BELET	TREASURER	N/A	Officer	$0	$0	$0
SCOTT LEDBETTER	CHAIRMAN	N/A	Officer	$0	$0	$0
BOBBY SAIN	VICE CHAIR	N/A	Officer	$0	$0	$0
DARRELL TEUBNER	SECRETARY	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$1,046,145	$538,417	$2,873,166	$507,728
2023	$1,018,284	$445,080	$2,365,286	$573,204
2022	$977,366	$460,544	$1,848,859	$516,822
2021	$841,143	$246,666	$1,780,477	$594,477
2020	$871,980	$313,524	$1,751,806	$558,456
2019	$974,530	$335,470	$1,373,692	$639,060

BOLIVAR DOWNTOWN DEVELOPMENT