THE DOWNTOWN EVANSVILLE ECONOMIC IMPROVEMENT DISTRICT INC (EIN 825166056) - 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

Formation Year

2017

Legal Domicile

Principal Officer

ADAM TRINKEL

Phone

8124999173

Tax Period

2024-01-01 to 2024-12-31

THE DOWNTOWN EVANSVILLE ECONOMIC IMPROVEMENT DISTRICT INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $835K in total revenue in fiscal year 2024. Expenses of $743K left a modest 11% surplus.

Mission

THE ORGANIZATION WORKS TO CREATE A CLEANER, SAFER AND MORE VERDANT DOWNTOWN EVANSVILLE; TO SHARE THE STORY OF DOWNTOWN EVANSVILLE THROUGH BRANDING, EVENTS AND MARKETING EFFORTS;AND, ADVOCATES FOR ADDITIONAL DEVELOPMENT AND AMENITIES WHICH WILL BENEFIT MEMBER PROPERTY OWNERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $156,021

Program Service Revenue $677,883

Investment Income $54

Other Revenue $854

TOTAL REVENUE $834,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $255,848

Fundraising Expenses $0

Program Expenses $622,345

Other Expenses $487,269

TOTAL EXPENSES $743,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$834,812	$783,855	+0.1%
Expenses	$743,117	$794,513	-0.1%
Net Income	$91,695	$-10,658	-9.6%

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

$105,020

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
LUCERO TENNIS KIEFFER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN LAMB	CHAIR EMERITUS	1.00	Officer Director	$0	$0	$0
JEFF JUSTICE	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA SCHMITT	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY LOCASTO	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE ENGELBRECHT	CHAIR	1.00	Officer Director	$0	$0	$0
ANNA JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
DWIGHT EMMERT	DIRECTOR	1.00	Director	$0	$0	$0
STACEY MCNEILL	DIRECTOR	1.00	Director	$0	$0	$0
TRESA MILLER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY DONALD	DIRECTOR	1.00	Director	$0	$0	$0
JOHNATHAN POPE	TREASURER	1.00	Officer Director	$0	$0	$0
KENDRA VANZO	SECRETARY	1.00	Officer Director	$0	$0	$0
HEATHER VAUGHT	DIRECTOR	1.00	Director	$0	$0	$0
RANDY HOBSON	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN MUCHNICK	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY HAYWOOD-PFENDER	DIRECTOR	1.00	Director	$0	$0	$0
JIM MOORE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM TRINKEL	PRESIDENT	40.00	Officer	$93,173	$11,847	$105,020

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	$834,812	$743,117	$405,195	$91,695
2023	$783,855	$794,513	$321,933	$-10,658
2022	$741,909	$746,802	$351,283	$-4,893
2021	$740,967	$738,265	$305,588	$2,702
2020	$617,878	$631,575	$320,143	$-13,697
2019	$778,128	$650,005	$340,204	$128,123
2018	$612,341	$429,105	$192,086	$183,236

THE DOWNTOWN EVANSVILLE ECONOMIC IMPROVEMENT DISTRICT INC