DOWNTOWN LANSING PARTNERSHIP INC

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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

2000

Legal Domicile

Principal Officer

CATHLEEN EDGERLY

Phone

5174873322

Tax Period

2024-07-01 to 2025-06-30

DOWNTOWN LANSING PARTNERSHIP INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $252K in total revenue in fiscal year 2024. The organization ran a surplus of $181K, a strong 72% operating margin.

Mission

TO SUPPORT THE ECONOMIC DEVELOPMENT AND IMPROVEMENT OF THE DOWNTOWN AREA OF LANSING, MICHIGAN, FOR THE BENEFIT OF THE ENTIRE COMMUNITY, INCLUDING RESIDENTS, VISITORS, GOVERNMENT, BUSINESS, AND NONPROFIT ORGANIZATIONS, THROUGH SUCH MEANS AS ASSISTING AND PARTICIPATING IN DEVELOPING PLANNING BY GOVERNMENT AND PRIVATE ORGANIZATIONS; SUPPORTING EFFORTS TO ATTRACT FUNDING FOR COMMUNITY IMPROVEMENT PROJECTS; ENCOURAGING MAINTENANCE AND IMPROVEMENT OF EXISTING HOUSING, BUSINESS, AND INSTITUTIONAL BUILDINGS AND STIMULATING NEEDED NEW HOUSING, BUSINESS, AND INSTITUTIONAL CONSTRUCTION; WORKING TO RETAIN EXISTING BUSINESSES AND ATTRACT NEW BUSINESS DEVELOPMENT THAT WILL BENEFIT THE COMMUNITY; AND RAISING FUNDS NEEDED TO SUPPORT THE ORGANIZATION'S WORK.

Program Service Accomplishments

Program 1

Expenses: $60,541

PROMOTED DOWNTOWN BUSINESSES AND DISTRICT AND CONTINUED WORK ON PRE-DEVELOPMENT FOR A RESTAURANT ACCELERATOR AND WELCOMED THE 5TH COHORT OF RETAIL ACCELERATOR PARTICIPANTS.

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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 $253,395

Program Service Revenue $0

Investment Income $0

Other Revenue $-937

TOTAL REVENUE $252,458

Expense Breakdown

Grants Paid $56,743

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,541

Other Expenses $14,513

TOTAL EXPENSES $71,256

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,458	N/A	N/A
Expenses	$71,256	N/A	N/A
Net Income	$181,202	$0	N/A

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

135

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

$101,846

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARL DORSHIMER	MEMBER	1.00	Director	$0	$0	$0
JESSE FLORES	MEMBER	1.00	Director	$0	$0	$0
NIKKI THOMPSON-FRAZIER	MEMBER	1.00	Director	$0	$0	$0
KERI TOMAC	MEMBER	1.00	Director	$0	$0	$0
ALEXANDER RUSEK	MEMBER	1.00	Director	$0	$0	$0
JENNIFER HINZE	SECRETARY	1.00	Officer Director	$0	$0	$0
JULIE DURHAM	TREASURER	1.00	Officer Director	$0	$0	$0
JOSHUA PUGH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEN ESTILL	PRESIDENT	1.00	Officer Director	$0	$0	$0
CATHLEEN EDGERLY	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$101,846

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	$252,458	$71,256	$207,374	$181,202