MICHIGAN CITY MAINSTREET ASSOCIATION INC (EIN 351871015) - 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

Formation Year

1991

Legal Domicile

Principal Officer

JUSTIN POST

Phone

5074002787

Tax Period

2019-01-01 to 2019-12-31

MICHIGAN CITY MAINSTREET ASSOCIATION INC, founded in 1991, is a small nonprofit that reported $204K in total revenue in fiscal year 2019. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $177K left a modest 13% surplus.

Mission

COORDINATE PUBLIC EVENTS IN DOWNTOWN MICHIGAN CITY THAT ARE FREE OR OFFERED AT A NOMINAL FEE SUCH AS THE TASTE OF MICHIGAN CITY, UPTOWN FASHION AFFAIR, SHELF ICE BREW FEST, AND FARMERS' MARKET.

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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 (2019)

Revenue Breakdown

Contributions & Grants $7,581

Program Service Revenue $196,297

Investment Income $54

Other Revenue $0

TOTAL REVENUE $203,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,250

Other Expenses $176,843

TOTAL EXPENSES $176,843

Year-over-Year Comparison

	2019	2018	Change
Revenue	$203,932	$175,275	+0.2%
Expenses	$176,843	$147,399	+0.2%
Net Income	$27,089	$27,876	0.0%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBY MAY	PRESIDENT	10.00	Officer Director	$0	$0	$0
SHANE WATSON	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JUSTIN POST	TREASURER	2.00	Officer Director	$0	$0	$0
LISA COREY	DIRECTOR	0.50	Director	$0	$0	$0
ARTURO POZOS	DIRECTOR	0.50	Director	$0	$0	$0
JESSE MEYER	DIRECTOR	0.50	Director	$0	$0	$0
JOHNNY STIMLEY	DIRECTOR	0.50	Director	$0	$0	$0
ROSE TEJEDA	DIRECTOR	0.50	Director	$0	$0	$0
KYLE MURPHEY	DIRECTOR	0.50	Director	$0	$0	$0
RYAN LAUGHLIN	DIRECTOR	0.50	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
2019	$203,932	$176,843	$153,820	$27,089

MICHIGAN CITY MAINSTREET ASSOCIATION INC