DOWNTOWNDC FOUNDATION

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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

2011

Legal Domicile

Principal Officer

RACHEL HARTMAN

Phone

2025499558

Tax Period

2024-10-01 to 2025-09-30

DOWNTOWNDC FOUNDATION, founded in 2011, is a small nonprofit in the Unknown sector that reported $838K in total revenue in fiscal year 2024. Expenses of $812K left a modest 3% surplus.

Mission

THE DOWNTOWNDC FOUNDATION'S MISSION IS TO SERVE AND CELEBRATE OUR VIBRANT AND DIVERSE DOWNTOWNDC COMMUNITY BY PROVIDING HOMELESS SERVICES, REVITALIZING PARKS, AND ENHANCING PUBLIC SPACES AND EXPERIENCES.

Program Service Accomplishments

Program 1

Expenses: $142,852

HOMELESS SERVICES:THE DOWNTOWNDC FOUNDATION DISTRIBUTED 33 WELCOME HOME KITS TO INDIVIDUALS TRANSITIONING FROM HOMELESSNESS TO HOUSING, WITH EACH KIT VALUED UP TO $750. THE FOUNDATION SUPPORTED THE INSPIRING CHANGE HOUSE INITITATIVE, WHICH HELPED 17 INDIVIDUALS EXIT HOMELESSNESS BETWEEN JULY AND SEPTEMBER 2025. THE FOUNDATION ALSO CATERED, HOT INDEPENDENCE DAY, THANKSGIVING, AND CHRISTMAS MEAL CELEBRATIONS. ADDITIONALLY, THE FOUNDATION DISTRIBUTED HUNDREDS OF OVERNIGHT KITS THAT INCLUDED HYGIENE ITEMS, ESSENTIAL CLOTHING, NUTRITIOUS SNACKS, AND WATER TO COMBAT EXTREME WEATHER SUMMER AND WINTER CONDIDTIONS FOR INDIVIDUALS EXPERIENCING HOMELESSNESS.

Program 2

Expenses: $334,616

CULTURAL AND SOCIAL IMPACT: THE DOWNTOWNDC FOUNDATION FUNDED AND SECURED SPONSORSHIPS TO SUPPORT A VARIETY OF FREE PROGRAMMING FOR THE COMMUNITY, INCLUDING THE REVAMPED DOWNTOWNDC HOLIDAY MARKET THAT DREW AN ESTIMATED 340,880 VISITORS; DOWNTOWN'S FIRST-EVER HOLIDAY SKATE SPECTACULAR; JAZZ & BLOSSOMS (A PREMIER EVENT OF THE NATIONAL CHERRY BLOSSOM FESTIVAL); BIKE TO WORK DAY; KIDS WORLD EVENT, A WEEKEND FULL OF FUN PROGRAMMING FOR FAMILIES AND KIDS OF ALL AGES IN FRANKLIN PARK; AND FROSTED AT FRANKLIN PARK'S WINTER LIGHT DISPLAYS AND PROGRAMMING.

Program 3

Expenses: $79,819

PARKS AND PUBLIC SPACES:THE FOUNDATION SUPPORTS THE OPERATIONS, MAINTENANCE AND PROGRAMMING OF THE WORLD-CLASS GREEN SPACE, FRANKLIN PARK. IN 2025, THE DOWNTOWNDC FOUNDATION WON A SUSTAINABLE...

PARKS AND PUBLIC SPACES:THE FOUNDATION SUPPORTS THE OPERATIONS, MAINTENANCE AND PROGRAMMING OF THE WORLD-CLASS GREEN SPACE, FRANKLIN PARK. IN 2025, THE DOWNTOWNDC FOUNDATION WON A SUSTAINABLE COMMUNITIES GRANT, SECURED FOR PUBLIC SPACE INNOVATION FROM PEPCO AND SUSTAINABLE MARYLAND, AND FUNDED A SOLAR KIOSK PROJECT FOR A DOWNTOWNDC PUBLIC PARK.

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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 $834,009

Program Service Revenue $0

Investment Income $3,876

Other Revenue $0

TOTAL REVENUE $837,885

Expense Breakdown

Grants Paid $366,369

Salaries & Benefits $292,124

Fundraising Expenses $188,094

Program Expenses $557,287

Other Expenses $153,441

TOTAL EXPENSES $811,934

Year-over-Year Comparison

	2024	2023	Change
Revenue	$837,885	$854,924	0.0%
Expenses	$811,934	$838,249	0.0%
Net Income	$25,951	$16,675	+0.6%

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

$636,751

Total Directors

$382,504

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERREN PRICE	PRESIDENT AND CEO - DOWNTOWNDC BID	1.00	Officer Director	$0	$52,504	$382,504
GIGI MURPHY	CHAIR	1.00	Officer Director	$0	$0	$0
CLARE ARCHER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LIONEL LYNCH	TREASURER	1.00	Officer Director	$0	$0	$0
GREGORY LEINWEBER	SECRETARY	1.00	Officer Director	$0	$0	$0
AMIR SETAYESH	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
ANN FRIEDMAN	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
EDWARD K BROWN JR	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
KELLEY SHANNON	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
NORA ABRAMSON	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
RAFAEL ETZION	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
SATCHEL KAPLAN-ALLEN	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
SEAN C CAHILL	BOARD OF DIRECTORS MEMBER	1.00	Director	$0	$0	$0
RACHEL HARTMAN CSO-DOWNTOWNDC	BID/EXECUTIVE DIR.-DOWNTOWNDC FND	20.00	Officer	$0	$49,071	$254,247

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	$837,885	$811,934	$474,143	$25,951
2024	$854,924	$838,249	$476,190	$16,675
2023	$639,312	$609,136	$359,136	$30,176
2022	$539,958	$513,838	$383,741	$26,120
2021	$481,325	$307,930	$359,874	$173,395