JACKSON DOWNTOWN DEVELOPMENT CORPORATION (EIN 621383207) - 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

1989

Legal Domicile

Principal Officer

DEBBIE DUNAWAY

Phone

7313137723

Tax Period

2022-01-01 to 2022-06-30

JACKSON DOWNTOWN DEVELOPMENT CORPORATION, founded in 1989, is a micro nonprofit that reported $7K in total revenue in fiscal year 2022. Expenses of $14K exceeded revenue, resulting in a 85% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO ENHANCE THE QUALITY OF LIFE AND ECONOMIC PROSPECTS IN JACKSON, TENNESSEE THROUGH DESIGN, PROMOTION AND FACILITATION OF STRATEGIC INVESTMENT IN DOWNTOWN JACKSON.

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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 (2022)

Revenue Breakdown

Contributions & Grants $300

Program Service Revenue $7,045

Investment Income $0

Other Revenue $114

TOTAL REVENUE $7,459

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,795

Fundraising Expenses $298

Program Expenses $12,606

Other Expenses $10,003

TOTAL EXPENSES $13,798

Year-over-Year Comparison

	2022	2021	Change
Revenue	$7,459	N/A	N/A
Expenses	$13,798	N/A	N/A
Net Income	$-6,339	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

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
LISA GARNER	BOARD MEMBR	N/A	Director	$0	$0	$0
BETH ANN SIMPSON	DIRECTOR	N/A	Director	$0	$0	$0
DEBBIE DUNAWAY	SECRETARY	N/A	Officer	$0	$0	$0
BEN FERGUSON	TREASURER	N/A	Officer	$0	$0	$0
BEN HARRIS	VICE PRESIDE	N/A	Officer	$0	$0	$0
PAUL TAYLOR	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
2022	$7,459	$13,798	$38,746	$-6,339
2018	$131,799	$124,634	$101,851	$7,165

JACKSON DOWNTOWN DEVELOPMENT CORPORATION