DOWNTOWN DEVELOPMENT UNLIMITED

EIN: 721470971 501(c)(3) Community Improvement

NEW ORLEANS, LA

Total Revenue
$135,797
Total Expenses
$75,300
Total Assets
$639,660
Net Assets
$454,578
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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
2000
Legal Domicile
LA
Principal Officer
CHRIS ROSS
Phone
5045618927
Tax Period
2024-01-01 to 2024-12-31

DOWNTOWN DEVELOPMENT UNLIMITED, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $136K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $60K, a strong 45% operating margin.

Mission

DOWNTOWN DEVELOPMENT UNLIMITED IS A NON-PROFIT ORGANIZATION ESTABLISHED TO PROMOTE A PROGRESSIVE AND DYNAMIC CENTRAL DOWNTOWN AND TO PRESERVE AND EXPAND CENTRAL DOWNTOWN AS A REGIONAL BUSINESS SHOPPING AREA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $135,797
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $135,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $75,300
Other Expenses $75,300
TOTAL EXPENSES $75,300

Year-over-Year Comparison

2024 2023 Change
Revenue $135,797 $500,000 -0.7%
Expenses $75,300 $109,831 -0.3%
Net Income $60,497 $390,169 -0.8%
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

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Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS ROSS CHAIR 0.00
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
2024 $135,797 $75,300 $639,660 $60,497
2023 $500,000 $109,831 $503,863 $390,169
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