Business Organization of Old Town

🔒

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

1989

Legal Domicile

Principal Officer

Mark Smith

Phone

5592985774

Tax Period

2024-01-01 to 2024-12-31

Business Organization of Old Town, founded in 1989, is a small nonprofit that reported $472K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $543K exceeded revenue, resulting in a 15% operating deficit.

Mission

Promote Old Town Clovis through events for the purpose of advancing the economic growth of the area.

Program Service Accomplishments

Program 1

Expenses: $389,455 Revenue: $361,099

Promote Old Town Clovis through events for the purpose of advancing the economic growth of the area.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $108,735

Program Service Revenue $360,599

Investment Income $1,136

Other Revenue $1,626

TOTAL REVENUE $472,096

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,506

Fundraising Expenses $0

Program Expenses $389,455

Other Expenses $350,858

TOTAL EXPENSES $543,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$472,096	$394,992	+0.2%
Expenses	$543,364	$463,436	+0.2%
Net Income	$-71,268	$-68,444	+0.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heather Frantzich	Executive Director	40.00		$87,555	$0	$87,555
Cora Shipley	President	15.00	Officer Director	$0	$0	$0
Jennifer Green	Secretary	4.00	Officer Director	$0	$0	$0
Tom Frost	Director	4.00	Director	$0	$0	$0
Julie Gleen	Director	4.00	Director	$0	$0	$0
Dave Shivers	Director	4.00	Director	$0	$0	$0
Ronnie Silva	Vice President	4.00	Officer Director	$0	$0	$0
Mark Smith	Treasurer	4.00	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
2025	No data	No data	No data	No data
2024	$472,096	$543,364	$152,539	$-71,268
2023	$394,992	$463,436	$226,235	$-68,444
2022	$409,649	$338,642	$148,952	$71,007
2021	$283,816	$230,579	$100,032	$53,237
2021	$269,015	$230,579	$72,686	$38,436
2020	$204,597	$166,549	$54,720	$38,048