MAIN STREET DELAWARE CITY INC

EIN: 510369372 501(c)(3) Community Improvement

DELAWARE CITY, DE

Total Revenue
$7,963
Total Expenses
$11,076
Total Assets
$389,514
Net Assets
$55,873
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
DE
Principal Officer
TIM KONKUS
Phone
3028344573
Tax Period
2018-07-01 to 2019-06-30

MAIN STREET DELAWARE CITY INC, founded in 1995, is a micro nonprofit in the Community Improvement sector that reported $8K in total revenue in fiscal year 2018. Expenses of $11K exceeded revenue, resulting in a 39% operating deficit.

Mission

PROTECT AND ENHANCE THE CITYS HISTORICAL DOWNTOWN PROJECT AND ENHANCE THE CITYS HISTORICAL AND CULTUALLY SIGNIFICANT DOWNTOWN AREA IN CONSIDERATION OF THE BEST INTEREST OF BUSINESSES AND RESIDNETS OF DELAWARE CITY, DE

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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 (2018)

Revenue Breakdown

Contributions & Grants $10,119
Program Service Revenue $0
Investment Income $71
Other Revenue $-2,227
TOTAL REVENUE $7,963

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,835
Program Expenses $1,473
Other Expenses $11,076
TOTAL EXPENSES $11,076

Year-over-Year Comparison

2018 2017 Change
Revenue $7,963 $-499 -17.0%
Expenses $11,076 $9,863 +0.1%
Net Income $-3,113 $-10,362 -0.7%
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
7
Independent Members
3
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM KONKUS PRESIDENT 004.00
Director
$0 $0 $0
DANA RENOLL VICE PRESIDENT 004.00
Director
$0 $0 $0
DAVE TURLEY TREASURER 004.00
Director
$0 $0 $0
LIZ GORDON SECTRETARY 002.00
Director
$0 $0 $0
LISA LINDSEY BOARD MEMEBER 002.00
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
2019 $7,963 $11,076 $389,514 $-3,113
2018 $-499 $9,863 $392,627 $-10,362
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