Downtown Development Inc

🔒

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

1978

Legal Domicile

Tax Period

2021-08-01 to 2022-07-31

Downtown Development Inc, founded in 1978, is a micro nonprofit that reported $22K in total revenue in fiscal year 2021. Revenue surged 2181100% from the prior year, signaling strong growth momentum. Expenses of $30K exceeded revenue, resulting in a 39% operating deficit.

Mission

DOWNTOWN DEVELOPMENT, INC. WAS FORMED TO CARRY ON ALL PHASES OF BUSINESS RELATING TO THE CIVIC, CHARITABLE, PATRIOTIC, CULTURAL, PROFESSIONAL, COMMERCIAL, AND INDUSTRIAL IMPROVEMENT AND PRESERVATION OF THE CITY OF BENTONVILLE, BENTON COUNTY, ARKANSAS. DOWNTOWN DEVELOPMENT PURCHASES REAL ESTATE TO BE SOLD AT A LATER DATE TO THE CITY OF BENTONVILLE OR OTHER GOVERNMENTAL UNIT FOR CIVIC OR INDUSTRIAL DEVELOPMENT.

Program Service Accomplishments

Program 1

Expenses: $22,849

SEE FORM 990, PART III, LINE 1

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $21,812

Other Revenue $0

TOTAL REVENUE $21,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,849

Other Expenses $30,212

TOTAL EXPENSES $30,212

Year-over-Year Comparison

	2021	2020	Change
Revenue	$21,812	$1	+21811.0%
Expenses	$30,212	$52,822	-0.4%
Net Income	$-8,400	$-52,821	-0.8%

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

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
N/A	SECRETARY/TREASURER	1.0	Officer Director	$0	$0	$0
N/A	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
N/A	PRESIDENT	1.0	Officer 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
2022	$21,812	$30,212	$4,390	$-8,400
2021	$1	$52,822	$1,095,066	$-52,821
2020	$5,516	$78,754	$1,075,538	$-73,238
2019	$40,878	$78,494	$1,087,062	$-37,616
2018	$84,838	$45,212	$1,111,465	$39,626