MENOMONEE FALLS DOWNTOWN INC

EIN: 854244094 501(c)(3) Arts, Culture & Humanities

Menomonee Falls, WI

Total Revenue
$341,792
Total Expenses
$336,226
Total Assets
$225,298
Net Assets
$225,298
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WI
Principal Officer
Chris Leffler
Phone
2624157013
Tax Period
2024-01-01 to 2024-12-31

MENOMONEE FALLS DOWNTOWN INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $342K in total revenue in fiscal year 2024.

Mission

Menomonee Falls Downtown Inc. shall promote the common business interests of its members by serving as an advocate and a voice dedicated to the continued growth of an economically vibrant, safe, and exciting downtown by promoting and strengthening the retail, business, and residential quality of life in downtown Menomonee Falls through the unification of human and financial resources provided by the greater Menomonee Falls community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $40,581
Program Service Revenue $301,211
Investment Income $0
Other Revenue $0
TOTAL REVENUE $341,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $162,306
Other Expenses $336,226
TOTAL EXPENSES $336,226

Year-over-Year Comparison

2024 2023 Change
Revenue $341,792 $333,020 +0.0%
Expenses $336,226 $305,446 +0.1%
Net Income $5,566 $27,574 -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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
100

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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teresa Ortella Secretary 0.5
Director
$0 $0 $0
Kevin Pollard Director 0.5
Director
$0 $0 $0
Jeanine Dederich Director 0.5
Director
$0 $0 $0
Dave Glisczinski Director 0.5
Director
$0 $0 $0
Sue Jeskewitz Director 0.5
Director
$0 $0 $0
Jim Scherdin Director 0.5
Director
$0 $0 $0
Mark Fitzgerald Director 0.5
Director
$0 $0 $0
Jess Goniu Director 0.5
Director
$0 $0 $0
Danielle Marsh Treasurer 0.5
Director
$0 $0 $0
Danny Sheperd Director 0.5
Director
$0 $0 $0
Kristen Sobotka Director 0.5
Director
$0 $0 $0
Chris Leffler President 1
Officer
$0 $0 $0
Aaron Miller Vice President 1
Officer
$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 $341,792 $336,226 $225,298 $5,566
2023 $333,020 $305,446 $219,732 $27,574
2022 $317,864 $279,812 $192,158 $38,052
2021 $321,184 $167,078 $158,180 $154,106
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