DOWNTOWN SPRINGFIELD ASSOCIATION (EIN 430836959) - 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

1965

Legal Domicile

Principal Officer

RAYMOND WORLEY

Phone

4178316200

Tax Period

2022-07-01 to 2023-06-30

DOWNTOWN SPRINGFIELD ASSOCIATION, founded in 1965, is a small nonprofit that reported $444K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

CULTIVATE AND SUSTAIN A VIBRANT BUSINESS COMMUNITY REPRESENTED BY A BALANCE OF RETAIL, PROFESSIONAL, SERVICE, DINING AND ENTERTAINMENT ENTREPRENEURS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $23,063

Program Service Revenue $421,054

Investment Income $0

Other Revenue $0

TOTAL REVENUE $444,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $293,962

Fundraising Expenses $0

Other Expenses $162,934

TOTAL EXPENSES $456,896

Year-over-Year Comparison

	2022	2021	Change
Revenue	$444,117	$408,546	+0.1%
Expenses	$456,896	$357,928	+0.3%
Net Income	$-12,779	$50,618	-1.3%

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

300

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

$95,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND WORLEY	EXECUTIVE DI	40.00	Officer	$92,704	$2,781	$95,485
CAITLIN GOLIKE	PRESIDENT	2.00	Officer Director	$0	$0	$0
ERICA SMITH	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BRIAN MATTSON	SECRETARY	1.00	Officer Director	$0	$0	$0
DEBRA YEAGER	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS JARRATT	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
RACHEL ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
BRINA THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
ANNE BAKER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BALL	DIRECTOR	1.00	Director	$0	$0	$0
RACHALE MHIRE	DIRECTOR	1.00	Director	$0	$0	$0
OLIVIA HOUGH	DIRECTOR	1.00	Director	$0	$0	$0
ANNE DEZORT	DIRECTOR	1.00	Director	$0	$0	$0
VANCE HALL	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA WIDNER	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$444,117	$456,896	$257,932	$-12,779
2022	$408,546	$357,928	$269,255	$50,618
2021	$342,467	$315,326	$263,119	$27,141
2020	$363,432	$363,308	$191,496	$124
2019	$399,295	$387,902	$91,583	$11,393

DOWNTOWN SPRINGFIELD ASSOCIATION