DOWNTOWN NEIGHBORHOOD ASSOC OF ELGIN (EIN 363840947) - 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

1992

Legal Domicile

Principal Officer

JOY SYMONDS

Phone

8474881456

Tax Period

2025-01-01 to 2025-12-31

DOWNTOWN NEIGHBORHOOD ASSOC OF ELGIN, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $250K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. Expenses of $289K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO WORK WITH DOWNTOWN ELGIN BUSINESS OR PROPERTY OWNERS AND RESIDENTS, IN PARTNERSHIP WITH CITY LEADERS AND COMMUNITY VOLUNTEERS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $152,376

Program Service Revenue $96,828

Investment Income $1,204

Other Revenue $0

TOTAL REVENUE $250,408

Expense Breakdown

Grants Paid $0

Salaries & Benefits $174,592

Fundraising Expenses $0

Program Expenses $232,635

Other Expenses $113,955

TOTAL EXPENSES $288,547

Year-over-Year Comparison

	2025	2024	Change
Revenue	$250,408	$278,956	-0.1%
Expenses	$288,547	$266,848	+0.1%
Net Income	$-38,139	$12,108	-4.1%

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

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
BRIAN PINON	PRESIDENT	4.00	Officer Director	$0	$0	$0
CHRIS DAVIS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOY SYMONDS	TREASURER	2.00	Officer Director	$0	$0	$0
MARK NOVELLI	SECRETARY	2.00	Officer Director	$0	$0	$0
PATRICIA WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
KERRI LIU	DIRECTOR	2.00	Director	$0	$0	$0
WILBUR DUMAS	DIRECTOR	2.00	Director	$0	$0	$0
TOM BROCKNER	DIRECTOR	2.00	Director	$0	$0	$0
STEVE KROISS	DIRECTOR	2.00	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
2025	$250,408	$288,547	$390,143	$-38,139
2024	$278,956	$266,848	$370,407	$12,108
2023	$283,184	$294,926	$373,724	$-11,742
2022	$267,243	$257,961	$378,272	$9,282
2021	$226,826	$206,164	$365,231	$20,662
2020	$291,029	$220,392	$342,006	$70,637
2019	$211,295	$202,407	$263,524	$8,888
2018	$188,622	$191,048	$251,642	$-2,426

DOWNTOWN NEIGHBORHOOD ASSOC OF ELGIN