MIDTOWN BUSINESS ASSOCIATION INC (EIN 581341100) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

KEVIN GREEN

Phone

4048920050

Tax Period

2024-01-01 to 2024-12-31

MIDTOWN BUSINESS ASSOCIATION INC, founded in 1978, is a mid-sized nonprofit in the Community Improvement sector that reported $22.2M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

BUILD A VIBRANT URBAN COMMUNITY, ESTABLISHING MIDTOWN ATLANTA AS A PREMIERE DESTINATION FOR COMMERCE, CULTURE, EDUCATION, LIVING, AND LEISURE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,876,967

Program Service Revenue $1,318,594

Investment Income $13,549

Other Revenue $0

TOTAL REVENUE $22,209,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,786,723

Fundraising Expenses $0

Program Expenses $21,417,353

Other Expenses $16,422,387

TOTAL EXPENSES $22,209,110

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,209,110	$15,853,455	+0.4%
Expenses	$22,209,110	$15,853,455	+0.4%
Net Income	$0	N/A	N/A

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$857,154

Total Directors

$637,072

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Green	President & CEO	60.0	Officer Director	$580,914	$56,158	$637,072
Cladie Washburn	Director Capital Projects	50.0	Highest	$197,892	$30,883	$228,775
Norman McKay	CFO	50.0	Officer	$199,548	$20,534	$220,082
Virginia Kennedy	Director Urban Design	50.0	Highest	$194,600	$9,250	$203,850
Brian Carr	Director Marketing & Comm	50.0	Highest	$178,276	$19,908	$198,184
Marcus Neville	Director Public Safety & Oper	50.0	Highest	$164,888	$20,829	$185,717
Dan Hourigan	Director Transportation & Sust	50.0	Highest	$155,738	$16,177	$171,915
Shauna Achey	Director	1.0	Director	$0	$0	$0
John Avery	Director	1.0	Director	$0	$0	$0
Steve Baile	Director	1.0	Director	$0	$0	$0
Ambrish Baisiwala	Director	1.0	Director	$0	$0	$0
Shantay Bolton	Director	1.0	Director	$0	$0	$0
Alison Bradway	Treasurer	2.0	Director	$0	$0	$0
Phillip Trey Briscoe	Director	1.0	Director	$0	$0	$0
Kent Brown	Director	1.0	Director	$0	$0	$0
Ben Brunt	Director	1.0	Director	$0	$0	$0
John Buckovich	Director	1.0	Director	$0	$0	$0
Cherise Cantrell Mlott	Director	1.0	Director	$0	$0	$0
Nancy Chacon	Director	1.0	Director	$0	$0	$0
Maria Cimilluca	Director	1.0	Director	$0	$0	$0
Justin Clay	Director	1.0	Director	$0	$0	$0
Tyler Courtney	Director	1.0	Director	$0	$0	$0
Audra Cunningham	Director	1.0	Director	$0	$0	$0
Douglas Dewberry	Director	1.0	Director	$0	$0	$0
Paul Dimmick	Director	1.0	Director	$0	$0	$0
Reggie Dominique	Director	1.0	Director	$0	$0	$0
Barbara Faga	Director	1.0	Director	$0	$0	$0
Misty Fernandez	Director	1.0	Director	$0	$0	$0
Laura Flusche	Director	1.0	Director	$0	$0	$0
Marc Fordham	Secretary	2.0	Director	$0	$0	$0
Anthony Greene	Director	1.0	Director	$0	$0	$0
Sheffield Hale	Director	1.0	Director	$0	$0	$0
Rex Hamilton	Director	1.0	Director	$0	$0	$0
Derek Hardesty	Director	1.0	Director	$0	$0	$0
Lisa Harris	Director	1.0	Director	$0	$0	$0
Phil Harrison	Director	1.0	Director	$0	$0	$0
Kurt Hartman	Director	1.0	Director	$0	$0	$0
Richard Hays	Director	1.0	Director	$0	$0	$0
Kennedy Hicks	Director	1.0	Director	$0	$0	$0
Tim Holdroyd	Director	1.0	Director	$0	$0	$0
Glen Jackson	Director	1.0	Director	$0	$0	$0
Wab Kadaba	Director	1.0	Director	$0	$0	$0
Stacey Key	Director	1.0	Director	$0	$0	$0
Greg King	Director	1.0	Director	$0	$0	$0
Kristina Kopf Thomas	Director	1.0	Director	$0	$0	$0
Ryan Kurtz	Director	1.0	Director	$0	$0	$0
Debra Lam	Director	1.0	Director	$0	$0	$0
Mary Pat Matheson	Chair	4.0	Director	$0	$0	$0
Hala Moddelmog	Director	1.0	Director	$0	$0	$0
Robin Morey	Director	1.0	Director	$0	$0	$0
William Pate	Director	1.0	Director	$0	$0	$0
Tim Perry	Director	1.0	Director	$0	$0	$0
Matthew Pritchard	Director	1.0	Director	$0	$0	$0
Eric Robbins	Director	1.0	Director	$0	$0	$0
Beth Schiavo	Director	1.0	Director	$0	$0	$0
Charlie Sharbaugh	Director	1.0	Director	$0	$0	$0
Pete Shelton	Director	1.0	Director	$0	$0	$0
Steve Simon	Director	1.0	Director	$0	$0	$0
Courtney Smith	Director	1.0	Director	$0	$0	$0
Scott Specht	Director	1.0	Director	$0	$0	$0
Pamela Stahl	Director	1.0	Director	$0	$0	$0
Robert Stevens	Director	1.0	Director	$0	$0	$0
Chris Stubbs	Director	1.0	Director	$0	$0	$0
Justin Sullivan	Director	1.0	Director	$0	$0	$0
Tony Sundermeier	Director	1.0	Director	$0	$0	$0
Anne Tracht	Director	1.0	Director	$0	$0	$0
Allan Vella	Director	1.0	Director	$0	$0	$0
Adam Webb	Director	1.0	Director	$0	$0	$0
Doug Widener	Director	1.0	Director	$0	$0	$0
Derrick Brown	DIRECTOR	1.0	Director	$0	$0	$0
Kevin Carmichael	Director	1.0	Director	$0	$0	$0
Hannah Flower	Director	1.0	Director	$0	$0	$0
Travis Garland	Dierctor	1.0	Director	$0	$0	$0
Samuel Greene	Director	1.0	Director	$0	$0	$0
Will Herman	Director	1.0	Director	$0	$0	$0
Jeanette Meyers	Director	1.0	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	$22,209,110	$22,209,110	$8,129,488	No data
2023	$15,853,455	$15,853,455	$7,659,178	No data
2022	$13,307,886	$13,307,886	$7,187,503	No data
2021	$10,845,776	$10,845,776	$4,952,556	No data
2020	$9,696,597	$9,696,597	$4,854,582	No data
2019	$9,187,939	$9,148,660	$5,485,336	$39,279
2018	$9,608,894	$9,506,520	$4,996,773	$102,374

MIDTOWN BUSINESS ASSOCIATION INC