PIKE DISTRICT PARTNERSHIP INC (EIN 882627892) - 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

2022

Legal Domicile

Principal Officer

MATTHEW HERRMANN

Phone

7033465477

Tax Period

2024-01-01 to 2024-12-31

PIKE DISTRICT PARTNERSHIP INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $333K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 16% operating margin.

Mission

PROMOTING AND ASSISTING IN THE ECONOMIC DEVELOPMENT OF MONTGOMERY COUNTY, MD.

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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 $332,944

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $332,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,000

Fundraising Expenses $0

Program Expenses $280,399

Other Expenses $190,399

TOTAL EXPENSES $280,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$332,944	$180,000	+0.8%
Expenses	$280,399	$183,349	+0.5%
Net Income	$52,545	$-3,349	-16.7%

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

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

$90,000

Total Directors

$90,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN DOWNIE	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MATTHEW HERRMANN	CHARIMAN	20.00	Officer Director	$0	$0	$0
MICHAEL KRAUTHAMER	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
KOFI MEROE	TREASURER	5.00	Officer Director	$0	$0	$0
HEIDI ONKST	SECRETARY	5.00	Director	$0	$0	$0
ANDREW SCHULMAN	VICE CHAIRMAN	20.00	Officer Director	$0	$0	$0
EUGENE CORNELIUS	EXECUTIVE DIRECTOR	20.00	Officer Director	$90,000	$0	$90,000
BILL CAREY	MEMBER- BOARD OF DIRECTORS	2.00	Director	$0	$0	$0
DAVID CHILD	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ARASH SOHEILI	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
THERESA CAMERON	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ROXANA BEYRANVAND	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ROBERT SMITH	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
BETTY ROMERO	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
RICHARD BENSWANGER	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
DAVID DENNISON	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ALLEN KRONSTADT	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
CHRISTOPHER SMITH	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JULIETTE RIZZO	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JAMES KANSKI	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
SILVANNA VALENCIA	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
STUART MILLER	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
CHRIS MELGARD	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MATT DICELLO	MEMBER- BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ANNA BEHNAM	MEMBER- BOARD OF DIRECTORS	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	$332,944	$280,399	$110,481	$52,545
2022	$67,570	$7,570	$67,570	$60,000

PIKE DISTRICT PARTNERSHIP INC