DOWNTOWN WINSTON-SALEM PARTNERSHIP INC

EIN: 561849234

WINSTONSALEM, NC

Total Revenue
$1,001,755
Total Expenses
$1,001,135
Total Assets
$323,551
Net Assets
$283,460
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NC
Principal Officer
JASON THIEL
Phone
3363541500
Tax Period
2024-07-01 to 2025-06-30

DOWNTOWN WINSTON-SALEM PARTNERSHIP INC, founded in 1991, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024.

Mission

PROMOTION OF DOWNTOWN, PUBLIC SAFETY, IMPLEMENTATION OF DOWNTOWN PLAN, INCREASED CLEANING, AND ENHANCED AESTHETICS OF PUBLIC SPACES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $835,539
Program Service Revenue $152,205
Investment Income $6,511
Other Revenue $7,500
TOTAL REVENUE $1,001,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $248,586
Fundraising Expenses $16,009
Other Expenses $752,549
TOTAL EXPENSES $1,001,135

Year-over-Year Comparison

2024 2023 Change
Revenue $1,001,755 $1,043,134 0.0%
Expenses $1,001,135 $997,930 +0.0%
Net Income $620 $45,204 -1.0%
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
41
Independent Members
41
Employees
3
Volunteers
41

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
5
$130,584
Total Directors
41
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON THIEL PRESIDENT 40.00
Officer
$110,000 $20,584 $130,584
ANN MARIE BISHOP DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER BORRERO DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE PACE BROWN DIRECTOR 1.00
Director
$0 $0 $0
MARK CAUDILL DIRECTOR 1.00
Director
$0 $0 $0
MCDARA FOLAN III DIRECTOR 1.00
Director
$0 $0 $0
KATIE HALL NICOLAS DIRECTOR 1.00
Director
$0 $0 $0
JOSH HAMMACHER DIRECTOR 1.00
Director
$0 $0 $0
EMILY HULL MCGEE DIRECTOR 1.00
Director
$0 $0 $0
ALLEN JOINES DIRECTOR 1.00
Director
$0 $0 $0
OPAL JUNEAU DIRECTOR 1.00
Director
$0 $0 $0
JASON KAPLAN DIRECTOR 1.00
Director
$0 $0 $0
ANDERSON LANGFORD DIRECTOR 1.00
Director
$0 $0 $0
DIANE MASSAS DIRECTOR 1.00
Director
$0 $0 $0
OUMY MBENGUE DIRECTOR 1.00
Director
$0 $0 $0
CHRIS MURPHY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL MYERS DIRECTOR 1.00
Director
$0 $0 $0
KELLY OTIS DIRECTOR 1.00
Director
$0 $0 $0
PATRICK PATE DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY RICHARDS DIRECTOR 1.00
Director
$0 $0 $0
NAPOLEON RICHARDSON JR DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
SHONTEL ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
RICHARD SCHMIDT DIRECTOR 1.00
Director
$0 $0 $0
LINDSEY SCHWAB DIRECTOR 1.00
Director
$0 $0 $0
TIM SECHREST DIRECTOR 1.00
Director
$0 $0 $0
JAMIE SOUTHERN DIRECTOR 1.00
Director
$0 $0 $0
DANA SUGGS DIRECTOR 1.00
Director
$0 $0 $0
TERRY TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
KANE WILKERSON DIRECTOR 1.00
Director
$0 $0 $0
STEVE WINTER DIRECTOR 1.00
Director
$0 $0 $0
MICHELE WOLFERT DIRECTOR 1.00
Director
$0 $0 $0
MALASHAI WOODBURY DIRECTOR 1.00
Director
$0 $0 $0
ANNETTE SCIPPIO DIRECTOR 1.00
Director
$0 $0 $0
STEWART HOLMES DIRECTOR 1.00
Director
$0 $0 $0
ABBEY GARNER DIRECTOR 1.00
Director
$0 $0 $0
MEADE WILLIS DIRECTOR 1.00
Director
$0 $0 $0
MIKE CASHIN IMMEDIATE PA 1.00
Director
$0 $0 $0
HEIDI SCHWARTZ CHAIR 1.00
Officer Director
$0 $0 $0
SUZY BAXTER VICE-CHAIR 1.00
Officer Director
$0 $0 $0
JIM DECRISTO TREASURER 1.00
Officer Director
$0 $0 $0
WALTER FARABEE SECRETARY 1.00
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
2025 $1,001,755 $1,001,135 $323,551 $620
2024 $1,043,134 $997,930 $323,105 $45,204
2023 $909,938 $924,951 $254,303 $-15,013
2022 $846,226 $830,658 $276,567 $15,568
2021 $864,756 $856,375 $320,179 $8,381
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