DOWNTOWN GEORGETOWN ASSOCIATION (EIN 741976744) - 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

1999

Legal Domicile

Principal Officer

TAMMEY STOKLEY

Phone

5128688675

Tax Period

2024-01-01 to 2024-12-31

DOWNTOWN GEORGETOWN ASSOCIATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $370K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 27% operating margin.

Mission

THE DOWNTOWN GEORGETOWN ASSOCIATIONS MISSION IS TO SUPPORT AND PROMOTE LOCAL BUSINESSES WHILE PROTECTING THE VITALITY OF DOWNTOWN GEORGETOWN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $369,270

Investment Income $414

Other Revenue $0

TOTAL REVENUE $369,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,000

Fundraising Expenses $0

Other Expenses $268,957

TOTAL EXPENSES $270,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$369,684	$219,949	+0.7%
Expenses	$270,957	$163,871	+0.7%
Net Income	$98,727	$56,078	+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

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
TAMMEY STOKLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELLE BELT BARAN	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN CUMMINS	TREASURER	1.00	Officer Director	$0	$0	$0
BRAD STRITTMATTER	BOARD MEMBER	1.00	Director	$0	$0	$0
DIXIE DOSS	BOARD MEMBER	1.00	Director	$0	$0	$0
PHIL GRINGAS	BOARD MEMBER	1.00	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	$369,684	$270,957	$316,962	$98,727
2023	$219,949	$163,871	$218,761	$56,078
2022	$169,435	$157,362	$163,697	$12,073
2021	$162,120	$128,494	$150,185	$33,626
2020	$89,625	$90,939	$118,939	$-1,314
2019	$267,620	$214,873	$120,363	$52,747
2018	$233,818	$225,894	$67,592	$7,924

DOWNTOWN GEORGETOWN ASSOCIATION