DOWNTOWN MOREHEAD INC (EIN 611353599) - 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

1999

Principal Officer

ROBIN MIRUS

Phone

6067844451

Tax Period

2023-07-01 to 2024-06-30

DOWNTOWN MOREHEAD INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $181K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $174K left a modest 4% surplus.

Mission

PROMOTION OF DOWNTOWN MOREHEAD KY

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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 (2023)

Revenue Breakdown

Contributions & Grants $56,600

Program Service Revenue $121,561

Investment Income $2

Other Revenue $2,516

TOTAL REVENUE $180,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,048

Fundraising Expenses $0

Program Expenses $173,706

Other Expenses $115,658

TOTAL EXPENSES $173,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,679	$213,684	-0.2%
Expenses	$173,706	$217,454	-0.2%
Net Income	$6,973	$-3,770	-2.8%

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

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
JENNIFER ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
LAURA WHITE BROWN	DIRECTOR	N/A	Director	$0	$0	$0
HARRY CLARK	DIRECTOR	N/A	Director	$0	$0	$0
CAM FLANDERS	DIRECTOR	N/A	Director	$0	$0	$0
MARK LEWIS	DIRECTOR	N/A	Director	$0	$0	$0
MONTI LLOYD	DIRECTOR	N/A	Director	$0	$0	$0
DAN MARKWELL	DIRECTOR	N/A	Director	$0	$0	$0
JAY MORGAN	DIRECTOR	N/A	Director	$0	$0	$0
MARK MURPHY	DIRECTOR	N/A	Director	$0	$0	$0
MELISA PLANK	DIRECTOR	N/A	Director	$0	$0	$0
JASON SLONE	DIRECTOR	N/A	Director	$0	$0	$0
JIM TRENT	DIRECTOR	N/A	Director	$0	$0	$0
DOUG CASKEY	SECRETARY	N/A	Officer	$0	$0	$0
RODNEY FOUCH	TREASURER	N/A	Officer	$0	$0	$0
NICHOLAS HOLLAN	VICE PRESIDE	N/A	Officer	$0	$0	$0
ROBIN MIRUS	PRESIDENT	N/A	Officer	$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	No data	No data	No data	No data
2024	$180,679	$173,706	$134,683	$6,973
2023	$213,684	$217,454	$132,115	$-3,770

DOWNTOWN MOREHEAD INC