DOWNTOWN TRAVERSE CITY ASSOCIATION (EIN 382552485) - 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

1962

Legal Domicile

Principal Officer

DAWN GILDERSLEEVE

Phone

2319222050

Tax Period

2024-07-01 to 2025-06-30

DOWNTOWN TRAVERSE CITY ASSOCIATION, founded in 1962, is a small nonprofit in the Community Improvement sector that reported $256K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $83K, a strong 32% operating margin.

Mission

TO ADVANCE, PROTECT AND PERPETUATE THE COMMERICAL, PROFESSIONAL, FINANCIAL AND GENERAL BUSINESS INTEREST OF DOWNTOWN TRAVERSE CITY.

🔒

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 $88,465

Program Service Revenue $163,844

Investment Income $3,590

Other Revenue $-75

TOTAL REVENUE $255,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $173,247

TOTAL EXPENSES $173,247

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,824	$954,221	-0.7%
Expenses	$173,247	$985,202	-0.8%
Net Income	$82,577	$-30,981	-3.7%

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

N/A

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

$131,781

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAWN GILDERSLEEVE	CHAIR	1.00	Officer Director	$0	$0	$0
KAREN ROOFE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LIBBY HOGAN	TREASURER	1.00	Officer Director	$0	$0	$0
AMANDA WALTON	SECRETARY	0.50	Officer Director	$0	$0	$0
JEFF JOUBRAN	DIRECTOR	0.50	Director	$0	$0	$0
SEBASTIAN GARBASCH	DIRECTOR	0.50	Director	$0	$0	$0
GARY JONAS	DIRECTOR	0.50	Director	$0	$0	$0
HARRY BURKHOLDER	CEO	1.00	Officer	$0	$5,701	$131,781

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	$255,824	$173,247	$595,198	$82,577

DOWNTOWN TRAVERSE CITY ASSOCIATION