RIPON MAIN STREET INC

EIN: 391655234 501(c)(3) Community Improvement

RIPON, WI

Total Revenue
$189,678
Total Expenses
$190,328
Total Assets
$608,790
Net Assets
$526,629
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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
1993
Legal Domicile
WI
Principal Officer
BRICE TERBEEST
Phone
9207487466
Tax Period
2024-01-01 to 2024-12-31

RIPON MAIN STREET INC, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $190K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Net assets of $527K represent 33 months of operating reserves.

Mission

PRESERVATION OF HISTORIC BUILDINGS AND DOWNTOWN.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,038
Program Service Revenue $94,845
Investment Income $5,364
Other Revenue $29,431
TOTAL REVENUE $189,678

Expense Breakdown

Grants Paid $0
Salaries & Benefits $84,638
Fundraising Expenses $54,717
Program Expenses $102,364
Other Expenses $105,690
TOTAL EXPENSES $190,328

Year-over-Year Comparison

2024 2023 Change
Revenue $189,678 $255,814 -0.3%
Expenses $190,328 $159,650 +0.2%
Net Income $-650 $96,164 -1.0%
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

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Governance

Voting Members
15
Independent Members
15
Employees
3
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DREW DIEDRICH BOARD MEMBER N/A
Director
$0 $0 $0
DAVE DUEHRING BOARD MEMBER N/A
Director
$0 $0 $0
KRISTI EBBOTT BOARD MEMBER N/A
Director
$0 $0 $0
MARGARET HEFFERNAN BOARD MEMBER N/A
Director
$0 $0 $0
SHAWN KARSTEN BOARD MEMBER N/A
Director
$0 $0 $0
SHELLY KASTENSCHMIDT BOARD MEMBER N/A
Director
$0 $0 $0
DAVID KNUTH BOARD MEMBER N/A
Director
$0 $0 $0
SARAH LOBERG BOARD MEMBER N/A
Director
$0 $0 $0
JEMAL MAHONE BOARD MEMBER N/A
Director
$0 $0 $0
DIANE NOWINSKI TREASURER 1.00
Officer Director
$0 $0 $0
RYAN PRELLWITZ SECRETARY 1.00
Officer Director
$0 $0 $0
ADRIENNE RANK VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DEBBIE ROGERS BOARD MEMEBE N/A
Director
$0 $0 $0
BRICE TERBEEST PRESIDENT 1.00
Officer Director
$0 $0 $0
SARAH WILLETT BOARD MEMBER N/A
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
2024 $189,678 $190,328 $608,790 $-650
2023 $255,814 $159,650 $612,590 $96,164
2022 $216,282 $146,526 $535,599 $69,756
2021 $191,439 $118,854 $471,189 $72,585
2020 $152,829 $127,318 $379,139 $25,511
2019 $138,449 $126,716 $359,129 $11,733
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