NEWTON MAIN STREET (EIN 472819813) - 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

2014

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NEWTON MAIN STREET, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $352K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $510K exceeded revenue, resulting in a 45% operating deficit.

Mission

TO FACILITATE THE CITY OF NEWTON IOWAS PARTICIPATION IN THE MAIN STREE IOWA PROGRAM IN COOPERATION WITH THE IOWA ECONOMIC DEVELOPMENT AUTHORITY AND THE NATIONAL TRUST FOR HISTORIC PRESERVATION. THE PURPOSE OF THE PROGRAM IS TO DRIVE CONTINUED REVITALIZATION ECONOMIC GROWTH AND

🔒

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 $306,801

Program Service Revenue $42,910

Investment Income $1,772

Other Revenue $525

TOTAL REVENUE $352,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,867

Fundraising Expenses $0

Program Expenses $438,819

Other Expenses $453,844

TOTAL EXPENSES $509,711

Year-over-Year Comparison

	2023	2022	Change
Revenue	$352,008	$205,893	+0.7%
Expenses	$509,711	$107,878	+3.7%
Net Income	$-157,703	$98,015	-2.6%

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

Volunteers

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAKOTA HILL	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE MOFFITT	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA DALTON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG ARMSTRONG	EX OFFICIO	1.00	Director	$0	$0	$0
DAN NIELAND	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE OTTO	DIRECTOR	1.00	Director	$0	$0	$0
BOB OBRIEN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE RIGGS	DIRECTOR	1.00	Director	$0	$0	$0
CAROL CAMP	DIRECTOR	1.00	Director	$0	$0	$0
LECIA DOWNS	TREASURER	2.00	Officer Director	$0	$0	$0
TANYA MICHENER	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
KAYLEA MARCHANT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MIRANDA CALDWELL	SECRETARY	2.00	Officer 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
2023	$352,008	$509,711	$8,981	$-157,703
2022	$205,893	$107,878	$167,064	$98,015
2021	$133,344	$91,044	$69,566	$42,300
2020	$161,023	$151,684	$26,821	$9,339
2019	$147,877	$159,577	$17,661	$-11,700
2018	$69,246	$83,089	$29,854	$-13,843

NEWTON MAIN STREET