DOWNTOWN MONROE ALLIANCE

EIN: 461429857 501(c)(3)

MONROE, LA

Total Revenue
$2,005
Total Expenses
$7,332
Total Assets
$15,130
Net Assets
$12,245
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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
2013
Legal Domicile
LA
Phone
3183766972
Tax Period
2021-01-01 to 2021-12-31

DOWNTOWN MONROE ALLIANCE, founded in 2013, is a micro nonprofit that reported $2K in total revenue in fiscal year 2021. Expenses of $7K exceeded revenue, resulting in a 266% operating deficit.

Mission

THE MISSION AND PURPOSE OF THE DOWNTOWN MONROE ALLIANCE IS TO ADDRESS ISSUES REGARDING A REBIRTH OF MONROE, LOUISIANA'S HISTORIC DOWNTOWN DISTRICT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,005
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,332
TOTAL EXPENSES $7,332

Year-over-Year Comparison

2021 2020 Change
Revenue $2,005 $-1,462 -2.4%
Expenses $7,332 $8,416 -0.1%
Net Income $-5,327 $-9,878 -0.5%
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
3
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI KENT President 0.00
Officer
$0 $0 $0
NAOMI BOWEN Vice President 0.00
Officer
$0 $0 $0
SARITA DANIEL Secretary 0.00
Officer
$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
2021 $2,005 $7,332 $15,130 $-5,327
2020 $-1,462 $8,416 $17,572 $-9,878
2019 $7,454 $14,205 $27,450 $-6,751
2018 $5,898 $28,960 $34,201 $-23,062
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