IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION (EIN 820467139) - Form 990 Financial Analysis & Trantor Score

🔒

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

1996

Legal Domicile

Phone

2085350399

Tax Period

2024-10-01 to 2025-09-30

IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION, founded in 1996, is a small nonprofit that reported $440K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $405K left a modest 8% surplus.

Mission

THE PURPOSE OF THE IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION IS TO PROMOTE BUSINESS, IMPROVE AND MAINTAIN PUBLIC AREAS, AND TO FULFILL ALL PURPOSES FOR WHICH A BUSINESS IMPROVEMENT DISTRICT MAY BE FORMED.

🔒

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 $125,822

Program Service Revenue $306,300

Investment Income $482

Other Revenue $7,133

TOTAL REVENUE $439,737

Expense Breakdown

Grants Paid $16,200

Salaries & Benefits $160,666

Fundraising Expenses $0

Other Expenses $228,574

TOTAL EXPENSES $405,440

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,737	$467,146	-0.1%
Expenses	$405,440	$428,790	-0.1%
Net Income	$34,297	$38,356	-0.1%

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

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
KEVIN CUTLER	PAST PRES	1.00	Director	$0	$0	$0
MARK CORNELISON	Director	1.00	Director	$0	$0	$0
BRANDI NEWTON	Treasurer	2.00	Officer Director	$0	$0	$0
JILL HANSEN	Secretary	2.00	Officer Director	$0	$0	$0
SID PAGE	Director	1.00	Director	$0	$0	$0
CAITLYN LONG	Director	1.00	Director	$0	$0	$0
PAUL BAKER	Director	1.00	Director	$0	$0	$0
JAKE DURTSCHI	ex officio	1.00	Director	$0	$0	$0
MICHELLE ZIELDINGMAN	Director	1.00	Director	$0	$0	$0
CATHERINE MCCLURE	Director	1.00	Director	$0	$0	$0
MATT JACOBESEN	Vice President	2.00	Officer Director	$0	$0	$0
REBECCA CASPER	EX-OFFICIO	1.00	Director	$0	$0	$0
LISA FARRIS	EX-OFFICIO	1.00	Director	$0	$0	$0
CHIP LANGERAK	President	2.00	Officer Director	$0	$0	$0
KERRY HAMMON	Executive Dir.	40.00	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
2025	$439,737	$405,440	$140,990	$34,297
2024	$467,146	$428,790	$104,904	$38,356
2023	$570,048	$563,714	$64,999	$6,334
2022	$396,776	$460,517	$57,417	$-63,741
2021	$420,283	$372,810	$119,297	$47,473
2020	$338,324	$328,953	$95,217	$9,371
2019	$205,167	$250,851	$78,449	$-45,684

IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION