EVMARK DBA DOWNTOWN EVANSTON

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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

1987

Legal Domicile

Principal Officer

ANGELA VALAVANIS

Phone

8478666319

Tax Period

2024-01-01 to 2024-12-31

EVMARK DBA DOWNTOWN EVANSTON, founded in 1987, is a small nonprofit that reported $787K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $701K left a modest 11% surplus.

Mission

EVMARK D/B/A/ DOWNTOWN EVANSTON IS A 501(C)(6) NONPROFIT CORPORATION THAT PROVIDES MARKETING, SPECIAL EVENTS, PLACEMAKING, AND MANAGEMENT SERVICES TO THE DOWNTOWN EVANSTON BUSINESS DISTRICT. THE OVERALL MISSION OF THE ORGANIZATION IS TO MARKET, MAINTAIN, DEVELOP, AND IMPROVE THE VITALITY OF THE LOCAL ECONOMY AND QUALITY OF LIFE WITHIN THE DESIGNATED SPECIAL SERVICE AREA (SSA) BOUNDARIES

Program Service Accomplishments

Program 1

Expenses: $558,297 Revenue: $768,770

EVMARK D/B/A/ DOWNTOWN EVANSTON IS A 501(C)(6) NONPROFIT CORPORATION THAT PROVIDES MARKETING, SPECIAL EVENTS, PLACEMAKING, AND MANAGEMENT SERVICES TO THE DOWNTOWN EVANSTON BUSINESS DISTRICT. THE...

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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 $18,000

Program Service Revenue $754,019

Investment Income $13,571

Other Revenue $1,180

TOTAL REVENUE $786,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $241,957

Fundraising Expenses $0

Program Expenses $558,297

Other Expenses $459,041

TOTAL EXPENSES $700,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$786,770	$713,781	+0.1%
Expenses	$700,998	$557,757	+0.3%
Net Income	$85,772	$156,024	-0.5%

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
CAROLE BASS	DIRECTOR	0.50	Director	$0	$0	$0
GRETCHEN BRAUER	DIRECTOR	0.50	Director	$0	$0	$0
MARTY CLESS	DIRECTOR	0.50	Director	$0	$0	$0
ANGELICA D'COSTA	DIRECTOR	0.50	Director	$0	$0	$0
ANTHONY ESPINOZA	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM FLATT	DIRECTOR	0.50	Director	$0	$0	$0
MITCH GOLTZ	DIRECTOR	0.50	Director	$0	$0	$0
WARWICK JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
PETER KELLY	DIRECTOR	0.50	Director	$0	$0	$0
BEN KADISH	DIRECTOR	0.50	Director	$0	$0	$0
SARITA KAMAT	DIRECTOR	0.50	Director	$0	$0	$0
VIVIAN KILLEBREW	DIRECTOR	0.50	Director	$0	$0	$0
NATHAN KOSTANT	DIRECTOR	0.50	Director	$0	$0	$0
ISABELLE LIBMANN	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW MCDONALD	TREASURER	1.00	Officer Director	$0	$0	$0
JIM NASH	DIRECTOR	0.50	Director	$0	$0	$0
ELIZABETH PLUCINSKY	DIRECTOR	0.50	Director	$0	$0	$0
JAKE SAMUELS	DIRECTOR	0.50	Director	$0	$0	$0
ERIC SMITH	DIRECTOR	0.50	Director	$0	$0	$0
SAMANTA SOKOLOVIC	DIRECTOR	0.50	Director	$0	$0	$0
LUKE STOWE	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA VALAVANIS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRITTANY WRIGHT	DIRECTOR	0.50	Director	$0	$0	$0
PAUL ZALMEZAK	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW VICK	EXECUTIVE DIRECTOR	40.00	Highest	$105,579	$0	$105,579

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	$786,770	$700,998	$494,289	$85,772
2023	$713,781	$557,757	$530,981	$156,024
2022	$714,873	$720,141	$530,585	$-5,268
2021	$717,118	$693,971	$567,719	$23,147
2020	$686,131	$650,363	$477,549	$35,768
2019	$569,738	$620,102	$232,402	$-50,364