SILVERTON DOWNTOWN ASSOCIATION INC (EIN 834542264) - 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

2019

Legal Domicile

Principal Officer

LORI GRIFFIN MULLINS

Phone

8067905111

Tax Period

2023-01-01 to 2023-12-31

SILVERTON DOWNTOWN ASSOCIATION INC, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $82K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $76K left a modest 8% surplus.

Mission

OUR PURPOSE AND FOCUS IS TO MEET THE NEEDS AND AID BUSINESS IN THE DOWNTOWN AREA OF SILVERTON TEXAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,506

Program Service Revenue $0

Investment Income $229

Other Revenue $60,316

TOTAL REVENUE $82,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,538

Other Expenses $75,615

TOTAL EXPENSES $75,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,051	$161,562	-0.5%
Expenses	$75,615	$131,622	-0.4%
Net Income	$6,436	$29,940	-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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI GRIFFIN MULLINS	CHAIRMAN	N/A	Officer Director	$0	$0	$0
ELIZABETH ADAMS	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
BRANDY ZIEGLER	PRESIDENT	N/A	Officer Director	$0	$0	$0
BROOKE BURSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KENDRA BURSON	CO-TREASURER	N/A	Officer Director	$0	$0	$0
HOLLY COGDELL	CO-TREASURER	N/A	Officer Director	$0	$0	$0
KELBY BROCK	SECRETARY	N/A	Officer Director	$0	$0	$0
SHANDY BEEDY	PUBLIC REPRE	N/A	Officer 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	$82,051	$75,615	$1,559,263	$6,436
2022	$161,562	$131,622	$1,552,827	$29,940
2021	$962,149	$24,860	$1,522,887	$937,289
2020	$382,381	$115,739	$292,735	$266,642

SILVERTON DOWNTOWN ASSOCIATION INC