CONWAY DOWNTOWN PARTNERSHIP INC (EIN 710860188) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

KIM WILLIAMS

Phone

5015489950

Tax Period

2024-01-01 to 2024-12-31

CONWAY DOWNTOWN PARTNERSHIP INC, founded in 2001, is a small nonprofit in the Community Improvement sector that reported $176K in total revenue in fiscal year 2018.

Mission

THE CONWAY DOWNTOWN PARTNERSHIP IS A 501(C)(3) NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION FOCUSED ON THE PROMOTION, PLANNING AND MAINTENANCE OF AN IMPROVED DOWNTOWN CONWAY. THE CDP SUPPORTS GOALS AND PLANNING THAT BRING DOWNTOWN CONWAY TOGETHER AS A GATHERING PLACE TO LIVE, WORK, PLAY, SHOP, AND EAT. THE PARTNERSHIP STRIVES TO SERVE AS A FULL TIME ADVOCATE FOR THESE ISSUES AND IS DEDICATED TO STIMULATING AND FULLY LEVERAGING PUBLIC AND PRIVATE INVESTMENT WITHIN DOWNTOWN CONWAY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $79,255

Program Service Revenue $183,389

Investment Income $2,649

Other Revenue $0

TOTAL REVENUE $265,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $245,827

Other Expenses $252,044

TOTAL EXPENSES $252,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$265,293	$211,997	+0.3%
Expenses	$252,044	$188,560	+0.3%
Net Income	$13,249	$23,437	-0.4%

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
JAMIE BRICE	EX OFFICIO	5.00	Director	$0	$0	$0
TRICIA O'CONNOR	DIRECTOR	5.00	Director	$0	$0	$0
JOHN BEN SCHERREY	DIRECTOR	5.00	Director	$0	$0	$0
KIM WILLIAMS	EXECUTIVE DIRECTOR	5.00	Director	$0	$0	$0
CAITLIN BAILEY	DIRECTOR	5.00	Director	$0	$0	$0
JAY BERNARD	DIRECTOR	5.00	Director	$0	$0	$0
NITA KAY FREEMAN	DIRECTOR	5.00	Director	$0	$0	$0
LAUREN NORRIS	DIRECTOR	5.00	Director	$0	$0	$0
MARCUS BOBBITT	DIRECTOR	5.00	Director	$0	$0	$0
DALE GOTTSPONER	EX OFFICIO	5.00	Director	$0	$0	$0
TOM NELSON	DIRECTOR	5.00	Director	$0	$0	$0
LORI QUINN	CHAIR	5.00	Officer Director	$0	$0	$0
JASON COVINGTON	DIRECTOR	5.00	Director	$0	$0	$0
CRYSTAL FLOYD	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JOANNA NABHOLZ	DIRECTOR	5.00	Director	$0	$0	$0
BRENT SALTER	EX OFFICIO	5.00	Director	$0	$0	$0
GRACE RAINS	EX OFFICIO	5.00	Director	$0	$0	$0
RHONDA BROOKS	DIRECTOR	5.00	Director	$0	$0	$0
JESSICA SMITH	DIRECTOR	5.00	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
2024	$265,293	$252,044	$185,795	$13,249
2023	$211,997	$188,560	$194,020	$23,437
2022	$213,951	$199,613	$153,030	$14,338
2021	$198,597	$204,436	$124,415	$-5,839
2020	$170,583	$139,351	$134,876	$31,232
2019	$195,790	$193,527	$95,782	$2,263
2018	$176,195	$178,619	$94,801	$-2,424

CONWAY DOWNTOWN PARTNERSHIP INC