DOWNTOWN BUSINESS ASSOCIATION (EIN 450335653) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

ZACH MATHERN

Phone

7012231958

Tax Period

2024-01-01 to 2024-12-31

DOWNTOWN BUSINESS ASSOCIATION, founded in 1985, is a small nonprofit that reported $319K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

TO SERVE AND SUPPORT THE GROWTH AND DEVELOPMENT OF DOWNTOWN BISMARCK TO BENEFIT OUR MEMBERS AND THE ENTIRE COMMUNITY.

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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 $0

Program Service Revenue $169,875

Investment Income $5

Other Revenue $149,611

TOTAL REVENUE $319,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,485

Fundraising Expenses $0

Program Expenses $35,056

Other Expenses $137,180

TOTAL EXPENSES $329,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$319,491	$214,852	+0.5%
Expenses	$329,665	$208,954	+0.6%
Net Income	$-10,174	$5,898	-2.7%

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

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

$151,082

Total Directors

$16,670

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACH MATHERN	PRESIDENT	N/A	Officer Director	$0	$0	$0
ANNE CLEARY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
RACHEL FREIDT	TREASURER	N/A	Officer Director	$0	$0	$0
SAMANTHA SCHWAB	SECRETARY	N/A	Officer Director	$0	$0	$0
CAROLINE CRARY	DIRECTOR	N/A	Director	$0	$0	$0
TIM CONOVER	DIRECTOR	N/A	Director	$0	$0	$0
JAKE AXTMAN	DIRECTOR	N/A	Director	$0	$0	$0
TAYLOR DANIEL	DIRECTOR	N/A	Director	$0	$0	$0
CLAIRE GERBER	DIRECTOR	N/A	Director	$0	$0	$0
STEVE ZOTTNICK	DIRECTOR	N/A	Director	$0	$0	$0
SHANE JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
DAWN KOPP	CEO	40.00	Officer	$75,541	$0	$75,541
KATE HERZOG	COO	40.00	Officer	$75,541	$0	$75,541
MARIA BRENZY	SPECIAL PROJ	20.00	Director	$16,670	$0	$16,670

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	$319,491	$329,665	$16,071	$-10,174
2023	$214,852	$208,954	$24,822	$5,898
2022	$227,637	$231,832	$24,127	$-4,195
2021	$235,888	$228,549	$23,867	$7,339
2020	$230,042	$214,446	$13,931	$15,596
2019	$196,768	$227,533	$3,098	$-30,765
2018	$240,763	$256,225	$26,910	$-15,462

DOWNTOWN BUSINESS ASSOCIATION