DOWNTOWN PKB INC (EIN 461593463) - 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

2012

Legal Domicile

Principal Officer

AMANDA STEVENS

Phone

3048650522

Tax Period

2024-01-01 to 2024-12-31

DOWNTOWN PKB INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $424K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $70K, a strong 17% operating margin.

Mission

DOWNTOWN PKB PROMOTES DOWNTOWN PARKERSBURG, FOSTERS ECONOMIC OPPORTUNITY AND CREATES COMMUNITY VITALITY. THE GOAL IS TO CREATE A VIBRANT COMMERCIAL DISTRICT THAT WILL PROVIDE DOWNTOWN BUSINESSES, WORKERS AND NEARBY RESIDENTS WITH GOODS AND SERVICES THEY NEED, AS WELL AS CREATE EDUCATIONAL, ENTERTAINMENT AND TOURISM OPPORTUNITIES. IN 2010, THE CITY OF PARKERSBURG APPLIED TO BE PART OF THE WEST VIRGINIA ONTRAC (ORGANIZATION, TRAINING, REVITALIZATION AND CAPACITY) PROGRAM AND WAS SELECTED TO PARTICIPATE. THE ONTRAC PROGRAM WAS CREATED BY MAIN STREET WEST VIRGINIA AND THE NATIONAL HISTORIC TRUST TO HELP CITIES CREATE A COMPREHENSIVE APPROACH TO ECONOMIC REVITALIZATION AND HISTORIC PRESERVATION BY FOCUSING ON FOUR KEY AREAS: DESIGN, PROMOTION, ECONOMIC RESTRUCTURING AND ORGANIZATION.

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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 $309,676

Program Service Revenue $103,225

Investment Income $10,647

Other Revenue $0

TOTAL REVENUE $423,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,275

Fundraising Expenses $6,612

Program Expenses $273,511

Other Expenses $192,053

TOTAL EXPENSES $353,328

Year-over-Year Comparison

	2024	2023	Change
Revenue	$423,548	$332,784	+0.3%
Expenses	$353,328	$381,433	-0.1%
Net Income	$70,220	$-48,649	-2.4%

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

200

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

$66,121

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA STEVENS	EXECUTIVE DI	40.00	Officer	$66,121	$0	$66,121
WENDY SHRIVER	SECRETARY	N/A	Director	$0	$0	$0
LINDSEY PIERSOL	DIRECTOR	N/A	Director	$0	$0	$0
MARVIN EDWARDS	PRESIDENT	N/A	Director	$0	$0	$0
JOHN NICHOLSON	TREASURER	N/A	Director	$0	$0	$0
LINDSEY ANDERSON	VICE PRESIDE	N/A	Director	$0	$0	$0
RYAN BARBER	DIRECTOR	N/A	Director	$0	$0	$0
VINNIE CONLEY	DIRECTOR	N/A	Director	$0	$0	$0
SHARON KESSELRING	DIRECTOR	N/A	Director	$0	$0	$0
MARK LEWIS	DIRECTOR	N/A	Director	$0	$0	$0
ROGER LOCKHART	DIRECTOR	N/A	Director	$0	$0	$0
RACHEL POLING	DIRECTOR	N/A	Director	$0	$0	$0
LEE RECTOR	DIRECTOR	N/A	Director	$0	$0	$0
JESSIE SIEFERT	DIRECTOR	N/A	Director	$0	$0	$0
ZAK HUFFMAN	DIRECTOR	N/A	Director	$0	$0	$0
SYDNEY WEBER	DIRECTOR	N/A	Director	$0	$0	$0
JARED MUGRAGE	DIRECTOR	N/A	Director	$0	$0	$0
ERIC HILLYARD-POLING	DIRECTOR	N/A	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	$423,548	$353,328	$277,716	$70,220
2023	$332,784	$381,433	$207,316	$-48,649
2022	$431,414	$400,771	$255,668	$30,643
2021	$224,448	$247,461	$224,904	$-23,013
2020	$176,669	$837,778	$222,754	$-661,109
2019	$358,839	$399,507	$858,987	$-40,668
2018	$1,005,698	$330,537	$899,000	$675,161

DOWNTOWN PKB INC