Cape Charles Va Main Street Inc (EIN 823611632) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

William Stramm

Phone

7576782303

Tax Period

2024-07-01 to 2025-06-30

Cape Charles Va Main Street Inc, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $160K in total revenue in fiscal year 2020. Revenue decreased 14% compared to the prior year.

Mission

Create a vibrant and attractive downtown that preserves historical character, encourages economic development and enhances the quality of life

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $382,540

Program Service Revenue $118,308

Investment Income $15,804

Other Revenue $0

TOTAL REVENUE $516,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,974

Fundraising Expenses $0

Program Expenses $430,101

Other Expenses $370,050

TOTAL EXPENSES $476,024

Year-over-Year Comparison

	2024	2023	Change
Revenue	$516,652	$353,828	+0.5%
Expenses	$476,024	$463,129	+0.0%
Net Income	$40,628	$-109,301	-1.4%

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

$57,656

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Stramm	President B of D	10.00	Officer Director	$0	$0	$0
Patricia Harris	Vice President B of D	8.00	Officer Director	$0	$0	$0
Gerry Taylor	Treasurer	5.00	Officer Director	$0	$0	$0
Tara Ashworth	Secretary	5.00	Officer Director	$0	$0	$0
Julie Crouse	Board Member	5.00	Director	$0	$0	$0
Jay Abella	Board Member	5.00	Director	$0	$0	$0
Karen Zamorski	Executive Director	35.00	Officer	$57,656	$0	$57,656
Ken Butta	Board Member	5.00	Director	$0	$0	$0
Nancy Perry	Board Member	5.00	Director	$0	$0	$0
David Gammino	Board Member	5.00	Director	$0	$0	$0
Lenore DeBellis	Board Member	5.00	Director	$0	$0	$0
Rick Keuroglian	Board Member	5.00	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
2025	$516,652	$476,024	$273,919	$40,628
2024	$353,828	$463,129	$50,472	$-109,301
2023	$349,164	$305,013	$129,263	$44,151
2022	$304,316	$253,714	$86,281	$50,602
2021	$160,445	$158,135	$91,363	$2,310

Cape Charles Va Main Street Inc