MAIN STREET RENTON

EIN: 472821579 501(c)(3) Community Improvement

RENTON, WA

Total Revenue
$343,990
Total Expenses
$243,221
Total Assets
$149,576
Net Assets
$146,948
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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
2015
Legal Domicile
WA
Principal Officer
Renton Downtown Partnership
Phone
2066585315
Tax Period
2023-01-01 to 2023-12-31

MAIN STREET RENTON, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $344K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 29% operating margin.

Mission

The mission of the Renton Downtown Partnership (RDP) is to cultivate a vibrant social, cultural, and economic center by bringing together the community, non-profits, and city center stakeholders while celebrating the unique historic character of Renton's Downtown.

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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 (2023)

Revenue Breakdown

Contributions & Grants $151,047
Program Service Revenue $58,752
Investment Income $4
Other Revenue $134,187
TOTAL REVENUE $343,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,119
Fundraising Expenses $5,664
Program Expenses $110,851
Other Expenses $117,102
TOTAL EXPENSES $243,221

Year-over-Year Comparison

2023 2022 Change
Revenue $343,990 $235,559 +0.5%
Expenses $243,221 $223,744 +0.1%
Net Income $100,769 $11,815 +7.5%
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
9
Independent Members
9
Employees
2
Volunteers
250

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Thompson Board President 2
Officer Director
$0 $0 $0
Cameron Wong Board Vice President 1
Officer Director
$0 $0 $0
Jenna Gilbreath Board Secretary 1
Officer Director
$0 $0 $0
Wesley Henry Board Treasurer 1
Officer Director
$0 $0 $0
Lachlan Huck Board Member 1
Director
$0 $0 $0
Colleen Lenahan Board Member 1
Director
$0 $0 $0
Katie Maloney Board Member 1
Director
$0 $0 $0
Bianca Mondares Board Member 1
Director
$0 $0 $0
Elaine Stachowiak Board Member 1
Director
$0 $0 $0
Sue Bollinger Board Member 1
Director
$0 $0 $0
Noah Pratt Board Member 1
Director
$0 $0 $0
Jessie Kotarski Board Member 1
Director
$0 $0 $0
Kenneth Rogers Board Member 1
Director
$0 $0 $0
Danielle Smith Board Member 1
Director
$0 $0 $0
Diane Dobson Board Member 1
Director
$0 $0 $0
Brittany Gillia Board Member 1
Director
$0 $0 $0
Mary Hansen Board Member 1
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 $343,990 $243,221 $149,576 $100,769
2022 $235,559 $223,744 $46,728 $11,815
2021 $64,702 $58,540 $33,466 $6,162
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