DOWNTOWN MANAGEMENT CORPORATION OF FORT MYERS FLORIDA INC (EIN 650542768) - 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

1994

Legal Domicile

Principal Officer

LISA SBUTTONI

Phone

2398260356

Tax Period

2023-10-01 to 2024-09-30

DOWNTOWN MANAGEMENT CORPORATION OF FORT MYERS FLORIDA INC, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $454K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $439K left a modest 3% surplus.

Mission

RIVER DISTRICT ALLIANCE. MISSION STATEMENT: TO STIMULATE AND SUPPORT CULTURAL, CREATIVE, AND COMMERCIAL SUCCESS INCLUDING ART, MUSIC, THEATRE, CULINARY, AND RETAIL WITHIN THE HEART OF THE RIVER DISTRICT; ALL OF THE PURPOSE OF REVITALIZATION AND REDEVELOPMENT OF OUR VALUABLE HISTORIC, RESIDENTIAL, AND COMMERCIAL DISTRICTS.VISION STATEMENT: CONSTANTLY ENHANCING AND SUPPORTING THE RIVER DISTRICT WITH SPIRIT, AMBITION AND DEDICATION

🔒

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 $323,437

Program Service Revenue $130,304

Investment Income $0

Other Revenue $46

TOTAL REVENUE $453,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,757

Fundraising Expenses $0

Program Expenses $329,575

Other Expenses $258,568

TOTAL EXPENSES $439,325

Year-over-Year Comparison

	2023	2022	Change
Revenue	$453,787	$415,746	+0.1%
Expenses	$439,325	$447,485	0.0%
Net Income	$14,462	$-31,739	-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

Employees

Volunteers

2400

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

$109,750

Total Directors

$109,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA SBUTTONI	President	40.00	Officer Director	$109,750	$0	$109,750
PATSY FRENCH	Chairman	0.00	Officer Director	$0	$0	$0
ROBERT NOKLEY	CO-CHAIR	0.00	Officer Director	$0	$0	$0
MERRY COFFMAN	Treasurer	0.00	Officer Director	$0	$0	$0
ROBBY PODGORSKI	Secretary	0.00	Officer Director	$0	$0	$0
JUDY GRIPPO	Director	0.00	Director	$0	$0	$0
DANIEL KEANS II	Director	0.00	Director	$0	$0	$0
GREG LONGENHAGEN	Director	0.00	Director	$0	$0	$0
TYLER SMITH	Director	0.00	Director	$0	$0	$0
TERRY TINCHER	Director	0.00	Director	$0	$0	$0
TERI DEPETRO	Director	0.00	Director	$0	$0	$0
KELLI KING	Director	0.00	Director	$0	$0	$0
CALEB LOWMAN	Director	0.00	Director	$0	$0	$0
JADE MEAGHER	Director	0.00	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
2025	No data	No data	No data	No data
2024	$453,787	$439,325	$186,414	$14,462
2023	$415,746	$447,485	$168,785	$-31,739
2022	$461,146	$446,148	$201,100	$14,998
2021	$379,881	$364,638	$191,966	$15,243
2020	$362,917	$358,487	$150,534	$4,430
2019	$451,415	$476,741	$113,978	$-25,326
2018	$402,599	$383,703	$152,791	$18,896

DOWNTOWN MANAGEMENT CORPORATION OF FORT MYERS FLORIDA INC