Brunswick Downtown Association (EIN 753131242) - 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

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Brunswick Downtown Association is a small nonprofit in the Environment sector that reported $347K in total revenue in fiscal year 2023. Expenses of $334K left a modest 4% surplus.

Mission

The mission is to enhance the vitality and appeal of downtown Brunswick, Maine as a center of business activity, to increase the general physical and psychological appeal of the downtown, and to promote the cultural, retail, service, and economic interests of the membership.

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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 (2023)

Revenue Breakdown

Contributions & Grants $188,357

Program Service Revenue $63,838

Investment Income $30

Other Revenue $94,484

TOTAL REVENUE $346,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $272,361

Fundraising Expenses $0

Program Expenses $221,727

Other Expenses $61,274

TOTAL EXPENSES $333,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$346,709	$359,546	0.0%
Expenses	$333,635	$323,059	+0.0%
Net Income	$13,074	$36,487	-0.6%

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

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	Role	Reportable Comp	Other Comp	Total
Mike Feldman	Director	Director	$0	$0	$0
Cathy Barter	Director	Director	$0	$0	$0
Annemarie Albiston	Director	Director	$0	$0	$0
Robert Biggs	Director	Director	$0	$0	$0
Tom Carr	Director	Director	$0	$0	$0
Kristine Logan	Director	Director	$0	$0	$0
Keith Garovoy	Director	Director	$0	$0	$0
Peggy Ealahan	Director	Director	$0	$0	$0
Michael Cartwright	Director	Director	$0	$0	$0
Brian Robinson	Chairman	Officer Director	$0	$0	$0
Annie O'Rourke	Director	Officer Director	$0	$0	$0
Robert Langworthy	Treasurer	Officer Director	$0	$0	$0
Henry Recknagel	Secretary	Officer Director	$0	$0	$0
Catherine Ferdinand	Director	Director	$0	$0	$0
Jane Millett	Director	Director	$0	$0	$0
Hannah Simmler	Director	Director	$0	$0	$0
Rebecca Launer	Director	Director	$0	$0	$0
Marshall Shepherd	Director	Director	$0	$0	$0
Bucky Brown	Director	Director	$0	$0	$0
Don Kniseley	Director	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	No data	No data	No data	No data
2023	$346,709	$333,635	$201,909	$13,074
2022	$359,546	$323,059	$188,834	$36,487
2021	$274,000	$299,372	$152,347	$-25,372
2020	$263,489	$250,829	$134,602	$12,660
2019	$288,667	$279,462	$76,542	$9,205
2018	$281,665	$322,956	$67,337	$-41,291

Brunswick Downtown Association