SAINT PAUL DOWNTOWN ALLIANCE (EIN 824187263) - 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

2018

Legal Domicile

Principal Officer

JOSEPH SPENCER

Phone

6513214427

Tax Period

2023-01-01 to 2023-12-31

SAINT PAUL DOWNTOWN ALLIANCE, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2023. Expenses of $3.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE SAINT PAUL DOWNTOWN ALLIANCE HAS CREATED A BUSINESS MODEL CENTERED AROUND HAVING A MODEST AND LEAN GENERAL OPERATING BUDGET THAT IS SUPPORTED BY YEARLY PRIVATE AND PUBLIC SECTOR CONTRIBUTIONS AND DOING ADDITIONAL FUNDRAISING FOR OTHER SPECIFIC PROGRAMS AND OPPORTUNITIES. WHEN THE SAINT PAUL DOWNTOWN ALLIANCE WAS ESTABLISHED IN 2018 THREE STANDING COMMITTEES WERE FORMED AT THE SAME TIME: DOWNTOWN EXPERIENCE, EMPLOYER EXPANSION, AND SSD (SPECIAL SERVICE DISTRICT) FEASIBILITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,637,912

Program Service Revenue $0

Investment Income $9,310

Other Revenue $0

TOTAL REVENUE $2,647,222

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,935

Fundraising Expenses $303,424

Program Expenses $1,988,736

Other Expenses $2,625,666

TOTAL EXPENSES $3,059,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,647,222	$2,786,238	0.0%
Expenses	$3,059,601	$2,948,269	+0.0%
Net Income	$-412,379	$-162,031	+1.5%

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

N/A

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

$145,124

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH SPENCER	EXECUTIVE DI	40.00	Officer	$145,124	$0	$145,124
CHRISTOPHER BECK	DIRECTOR	1.00	Director	$0	$0	$0
MELVIN CARTER	CO-CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS CLARK	DIRECTOR	1.00	Director	$0	$0	$0
JEANNE CRAIN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD DOBRANSKY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER HARRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER HELLMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HILGER	DIRECTOR	1.00	Director	$0	$0	$0
TODD HURLEY	DIRECTOR	1.00	Director	$0	$0	$0
ABDIRAHMAN ABDI KAHIN	DIRECTOR	1.00	Director	$0	$0	$0
B KYLE	TREASURER	1.00	Officer Director	$0	$0	$0
MATT MAJKA	CO-CHAIR	1.00	Officer Director	$0	$0	$0
JAMES MCCLEAN	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA NOECKER	DIRECTOR	1.00	Director	$0	$0	$0
RAFAEL ORTEGA	DIRECTOR	1.00	Director	$0	$0	$0
ANDY REEHER	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN REMARK	SECRETARY	1.00	Officer Director	$0	$0	$0
KEN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RICK SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JAI WINSTON	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE ZELLE	DIRECTOR	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	No data	No data	No data	No data
2023	$2,647,222	$3,059,601	$1,445,541	$-412,379
2022	$2,786,238	$2,948,269	$1,939,879	$-162,031
2021	$3,064,715	$2,149,924	$2,261,024	$914,791
2020	$767,819	$569,640	$951,286	$198,179

SAINT PAUL DOWNTOWN ALLIANCE