DOWNTOWN AKRON PARTNERSHIP (EIN 341823835) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

JULIE WESEL

Phone

3303747676

Tax Period

2024-07-01 to 2025-06-30

DOWNTOWN AKRON PARTNERSHIP, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $449K, a strong 22% operating margin.

Mission

PROMOTE AND BUILD A VIBRANT AND VALUABLE DOWNTOWN AKRON.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $786,817

Program Service Revenue $1,150,010

Investment Income $17,943

Other Revenue $69,049

TOTAL REVENUE $2,023,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $388,462

Fundraising Expenses $0

Program Expenses $1,410,039

Other Expenses $1,186,399

TOTAL EXPENSES $1,574,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,023,819	$1,590,474	+0.3%
Expenses	$1,574,861	$1,613,284	0.0%
Net Income	$448,958	$-22,810	-20.7%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

140

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

$99,150

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE WESEL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GRETA JOHNSON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
GREGG MERVIS	TREASURER	1.00	Officer Director	$0	$0	$0
LAURA WALLERSTEIN	SECRETARY	1.00	Officer Director	$0	$0	$0
RACHEL BRIDENSTINE	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
TRACI BUCKNER	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
CHRIS BURNHAM	BOARD MEMBER (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
DONAE CEJA	BOARD MEMBER	1.00	Director	$0	$0	$0
CARLA CHAPMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA CHEROK	BOARD MEMBER	1.00	Director	$0	$0	$0
MALCOLM COSTA	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL DERR	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY DOWE	BOARD MEMBER	1.00	Director	$0	$0	$0
LUIS ESCUDERO MUNIZ	BOARD MEMBER	1.00	Director	$0	$0	$0
BRITTANY FERGUSON-MIKE	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
JACLYN FLOSSIE	BOARD MEMBER (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
KIRK GARDNER	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY GELLATLY	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS GRIFFITH	BOARD MEMBER	1.00	Director	$0	$0	$0
PAM HICKSON-STEVENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SUE HOBSON	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLY KOLLMAN	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
PAUL LEVY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID LIEBERTH	BOARD MEMBER	1.00	Director	$0	$0	$0
RANA MATAR	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN J MOORE	BOARD MEMBER	1.00	Director	$0	$0	$0
C ALLEN NICHOLS	BOARD MEMBER	1.00	Director	$0	$0	$0
RALPH PALMISANO	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY PATTON	BOARD MEMBER	1.00	Director	$0	$0	$0
DONALD J PAVLIK	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN J PETERSON	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
HEATHER RAYBOULD	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
GARY RICKEL	BOARD MEMBER	1.00	Director	$0	$0	$0
RICK ROGERS	BOARD MEMBER (FROM JANUARY 2025)	1.00	Director	$0	$0	$0
TIFFANY ROPER	BOARD MEMBER (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
TOM RYBAK	BOARD MEMBER	1.00	Director	$0	$0	$0
ILENE SHAPIRO	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLIE SOMTRAKOOL	BOARD MEMBER	1.00	Director	$0	$0	$0
TONY TROPPE	BOARD MEMBER (THROUGH DECEMBER 2024)	1.00	Director	$0	$0	$0
DOMINIQUE WATERS	BOARD MEMBER	1.00	Director	$0	$0	$0
KIMBERLY BECKETT	PRESIDENT AND CEO	40.00	Officer	$99,150	$0	$99,150

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	$2,023,819	$1,574,861	$2,651,648	$448,958
2024	$1,590,474	$1,613,284	$1,021,281	$-22,810
2023	$1,958,751	$1,881,246	$1,175,690	$77,505
2022	$1,495,105	$1,651,785	$1,142,461	$-156,680
2021	$2,254,805	$2,201,801	$1,638,995	$53,004
2020	$1,331,608	$1,803,586	$1,461,161	$-471,978
2019	$2,226,417	$1,928,254	$1,460,853	$298,163
2018	$2,373,654	$2,005,178	$1,279,461	$368,476

DOWNTOWN AKRON PARTNERSHIP