CENTER AT SIXTH (EIN 882816453) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

MARQUAS ASHWORTH

Phone

5158650244

Tax Period

2024-01-01 to 2024-12-31

CENTER AT SIXTH, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 98% operating margin.

Mission

IOWA'S ONLY CULTURALLY SPECIFIC CREATIVE BUSINESS DEVELOPMENT SPACE DEDICATED TO ASSISTING THE ESTABLISHMENT AND GROWTH OF FOR-PROFIT BUSINESSES OWNED BY INDIVIDUALS IN UNDERREPRESENTED AND UNDERSERVED COMMUNITIES INCLUDING MINORITY OWNED BUSINESSES AND BUSINESSES OWNED BY OTHER UNDERREPRESENTED ENTREPRENEURS, ADVANCING PEOPLE, ECONOMIES, AND OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,187,777

Program Service Revenue $0

Investment Income $31,341

Other Revenue $762

TOTAL REVENUE $3,219,880

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,516

Other Expenses $48,587

TOTAL EXPENSES $48,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,219,880	$1,620,944	+1.0%
Expenses	$48,587	$31,781	+0.5%
Net Income	$3,171,293	$1,589,163	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARQUAS ASHWORTH	President	1.00	Officer Director	$0	$0	$0
DR KATYA GIBEL MEVORACH	Vice President	1.00	Officer Director	$0	$0	$0
EMMETT PHILLIPS	Secretary	1.00	Officer Director	$0	$0	$0
BRANDON WARNER	Director	1.00	Director	$0	$0	$0
DR MARY CHAPMAN	Director	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	$3,219,880	$48,587	$6,143,026	$3,171,293
2023	$1,620,944	$31,781	$2,251,405	$1,589,163
2022	$468,394	$4,526	$487,883	$463,868

CENTER AT SIXTH