DOWNTOWN DANVILLE PARTNERSHIP INC (EIN 352335750) - 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

2008

Legal Domicile

Principal Officer

HEATHER RUSHING

Phone

3177795161

Tax Period

2024-01-01 to 2024-12-31

DOWNTOWN DANVILLE PARTNERSHIP INC, founded in 2008, is a small nonprofit in the Environment sector that reported $151K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $23K, a strong 15% operating margin.

Mission

TO DEVELOP, PROMOTE AND SUSTAIN DANVILLE INDIANAS HISTORIC COURTHOUSE SQUARE AS HENDRICKS COUNTYS DOWNTOWN, GATHERING PLACE FOR RETAIL, CIVIC AND ENTERTAIMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $150,725

Program Service Revenue $0

Investment Income $290

Other Revenue $0

TOTAL REVENUE $151,015

Expense Breakdown

Grants Paid $46,445

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $127,752

Other Expenses $81,307

TOTAL EXPENSES $127,752

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,015	$92,610	+0.6%
Expenses	$127,752	$124,870	+0.0%
Net Income	$23,263	$-32,260	-1.7%

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	Role	Reportable Comp	Other Comp	Total
BLAINE ROUT	BOARD MEMBER	Director	$0	$0	$0
MADISON HENDERSON	BOARD MEMBER	Director	$0	$0	$0
KAREN MILLIKAN	BOARD MEMBER	Director	$0	$0	$0
SHELBY GILLESPY	BOARD MEMBER	Director	$0	$0	$0
HEATHER RUSHING	PRESIDENT	Officer	$0	$0	$0
WILLIAM FRANKLIN	VICE PRESIDENT	Officer	$0	$0	$0
DAVID WINTERS	TREASURER	Officer	$0	$0	$0
KERI MCROBERTS	SECRETARY	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
2024	$151,015	$127,752	$54,081	$23,263
2023	$92,610	$124,870	$31,875	$-32,260
2022	$82,833	$70,518	$58,197	$12,315
2021	$47,808	$84,734	$45,882	$-36,926
2020	$82,363	$94,798	$82,808	$-12,435
2019	$83,021	$77,868	$97,258	$5,153
2018	$84,891	$63,464	$92,105	$21,427

DOWNTOWN DANVILLE PARTNERSHIP INC