DOWNTOWN WORKS (EIN 453114917) - 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

2011

Legal Domicile

Principal Officer

PETTINELLA MCOSKER

Phone

2136241213

Tax Period

2023-01-01 to 2023-12-31

DOWNTOWN WORKS, founded in 2011, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $31K in total revenue in fiscal year 2023. Revenue fell 203% from the prior year — a significant decline worth monitoring.

Mission

TO PROMOTE PUBLIC ENGAGEMENT AND UNDERSTANDING OF DOWNTOWN LA'S MOST IMPORTANT OPPORTUNITIES AND ELEVATES SOLUTIONS TO DTLA'S CHALLENGES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $119,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-149,941

TOTAL REVENUE $-30,941

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,420

TOTAL EXPENSES $5,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-30,941	$30,000	-2.0%
Expenses	$5,420	$9,995	-0.5%
Net Income	$-36,361	$20,005	-2.8%

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

N/A

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

$264,222

Total Directors

$264,222

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
LETICIA BUCKLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GINA GIBROW	BOARD MEMBER	1.00	Director	$0	$0	$0
NOEL HYUN MINOR	TREASURER	1.00	Officer Director	$0	$0	$0
PETTINELLA MCOSKER	CHAIR	5.00	Officer Director	$0	$20,222	$264,222
MARIE LLOYD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIE RUMSEY	SECRETARY	1.00	Officer Director	$0	$0	$0
CARMEN ZELLA	BOARD MEMBER	1.00	Director	$0	$0	$0
DUNCAN WLODARCZAK	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$-30,941	$5,420	$48,081	$-36,361

DOWNTOWN WORKS