Northside Common Market

EIN: 834226201 501(c)(3) Community Improvement

Lexington, KY

Total Revenue
$594,357
Total Expenses
$426,367
Total Assets
$282,052
Net Assets
$271,867
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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
2019
Legal Domicile
KY
Principal Officer
Adina Tatum
Phone
8594753968
Tax Period
2023-01-01 to 2023-12-31

Northside Common Market, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $594K in total revenue in fiscal year 2023. Revenue surged 542% from the prior year, signaling strong growth momentum. The organization ran a surplus of $168K, a strong 28% operating margin.

Mission

Organization exists to connect neighbors with resources and opportunities, and to create programs for equitable community development.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $594,032
Program Service Revenue $0
Investment Income $325
Other Revenue $0
TOTAL REVENUE $594,357

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,321
Fundraising Expenses $0
Program Expenses $316,763
Other Expenses $322,046
TOTAL EXPENSES $426,367

Year-over-Year Comparison

2023 2022 Change
Revenue $594,357 $92,577 +5.4%
Expenses $426,367 $605 +703.7%
Net Income $167,990 $91,972 +0.8%
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

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Governance

Voting Members
4
Independent Members
4
Employees
3
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Noranne Hendricks Member N/A
Director
$0 $0 $0
Kinga Mnich Member N/A
Director
$0 $0 $0
Devon Joiner Secretary N/A
Director
$0 $0 $0
Ashlli Dunn Member N/A
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 $594,357 $426,367 $282,052 $167,990
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