Marion, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MARION DOWNTOWN BUSINESS ASSOCIATION INC, founded in 1988, is a small nonprofit that reported $216K in total revenue in fiscal year 2023. Expenses of $207K left a modest 4% surplus.
The Marion Business Association serves to strengthen the economic base of the community while preserving the historic character of the Downtown. To aid in development of business plans, implement business plans, business to business networking, business marketing, and workshops/seminars to build entrepreneurial ecosystem. Organize downtown promotions, festivals and events to give vitality to downtown business district. Provide business basics to new entrepreneurs. Work with property owners to improve buildings for optimal lease rates.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $216,251 | $217,395 | 0.0% |
| Expenses | $206,555 | $266,802 | -0.2% |
| Net Income | $9,696 | $-49,407 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Freddie Killough | Executive Director | 32 |
Key Emp
|
$53,629 | $0 | $53,629 |
| Natalie Bell | Events and Outreach Coordinator | 32 |
Key Emp
|
$31,000 | $0 | $31,000 |
| Emily Causey | Board of Director | 1 |
Director
|
$0 | $0 | $0 |
| Tyler Mace | Board of Director | 1 |
Director
|
$0 | $0 | $0 |
| Emily Causey | Immediate Past President | 1 |
Director
|
$0 | $0 | $0 |
| Lauren Mathews | President | 1 |
Director
|
$0 | $0 | $0 |
| Walt Bagwell | Vice President | 1 |
Director
|
$0 | $0 | $0 |
| Erin Adam | Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Steve Bush | Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Brandi Rodriguez | Board of Director | 1 |
Director
|
$0 | $0 | $0 |
| Crystal Ledbetter | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Cindi Snedaker | Board of Directors | 1 |
Director
|
$0 | $0 | $0 |
| Rachel Westall | Board of Director | 1 |
Director
|
$0 | $0 | $0 |
| Becky Poteat | Tresurer | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $216,251 | $206,555 | $52,494 | $9,696 |
| 2023 | $217,395 | $266,802 | $42,798 | $-49,407 |
| 2022 | $222,987 | $217,608 | $26,018 | $5,379 |
Compare MARION DOWNTOWN BUSINESS ASSOCIATION INC with other nonprofits in North Carolina and across the country.