DOWNTOWN WADSWORTH INC (EIN 571206447) - 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

2004

Legal Domicile

Principal Officer

ADAM BARTON

Phone

8887666943

Tax Period

2023-01-01 to 2023-12-31

DOWNTOWN WADSWORTH INC, founded in 2004, is a small nonprofit that reported $198K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $175K left a modest 12% surplus.

Mission

TO DEVELOP AND MAINTAIN A DOWNTOWN IDENTITY THAT WILL CONTINUALLY ADVANCE THE QUALITY OF THE COMMUNITY'S SOCIAL, CULTURAL AND COMMERCIAL ENVIRONMENT.

🔒

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 $183,509

Program Service Revenue $14,309

Investment Income $0

Other Revenue $0

TOTAL REVENUE $197,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,578

Fundraising Expenses $0

Program Expenses $174,648

Other Expenses $76,070

TOTAL EXPENSES $174,648

Year-over-Year Comparison

	2023	2022	Change
Revenue	$197,818	$176,270	+0.1%
Expenses	$174,648	$227,738	-0.2%
Net Income	$23,170	$-51,468	-1.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM BARTON	PRESIDENT	5.00	Director	$0	$0	$0
STACEY RENNER	BOARD MEMBER	5.00	Director	$0	$0	$0
EMILY DAVIS	BOARD MEMBER	5.00	Director	$0	$0	$0
STEPHANIE KOONTZ	VICE PRESIDENT	5.00	Director	$0	$0	$0
DANA MOUNTJOY	TREASURER	5.00	Director	$0	$0	$0
LEAH SCHROCK	BOARD MEMBER	5.00	Director	$0	$0	$0
DUSTIN ZURAVEL	BOARD MEMBER	5.00	Director	$0	$0	$0
COLLEEN SWEDYK	BOARD MEMBER	5.00	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
2024	No data	No data	No data	No data
2023	$197,818	$174,648	$95,928	$23,170
2022	$176,270	$227,738	$77,532	$-51,468
2021	$183,469	$131,683	$123,971	$51,786

DOWNTOWN WADSWORTH INC