DOWNTOWN MORGAN HILL IMPROVEMENT DISTRICT

EIN: 883740933

MORGAN HILL, CA

Total Revenue
$287,759
Total Expenses
$200,608
Total Assets
$258,537
Net Assets
$258,537
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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
2023
Legal Domicile
CA
Phone
4083104623
Tax Period
2025-01-01 to 2025-12-31

DOWNTOWN MORGAN HILL IMPROVEMENT DISTRICT, founded in 2023, is a small nonprofit that reported $288K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $87K, a strong 30% operating margin.

Mission

The goal of the Downtown Morgan Hill Improvement District is to maintain the Downtown District as a safe and inviting environment, attract more tenants and shoppers, increase property values, and stabilize occupancy. The company will provide Clean and Safe programs, Capital Improvements, Art Installations, Marketing, Special Events, and related Management and Administration directly and only to assessed parcels within the Downtown boundary. This entity will have the ability to leverage parcel owners investment with additional public investment to provide the financial resources necessary to develop and implement a focused strategy to support existing and future businesses and patrons in Downtown Morgan Hill.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $267,407
Investment Income $1,280
Other Revenue $19,072
TOTAL REVENUE $287,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,000
Fundraising Expenses $0
Other Expenses $137,608
TOTAL EXPENSES $200,608

Year-over-Year Comparison

2025 2024 Change
Revenue $287,759 $255,368 +0.1%
Expenses $200,608 $181,281 +0.1%
Net Income $87,151 $74,087 +0.2%
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
9
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS GHIONE Director 2.00
Director
$0 $0 $0
FRANK LEAL Director 2.00
Director
$0 $0 $0
HONNIE MURPHY Director 2.00
Director
$0 $0 $0
LARRY CARR Director 2.00
Director
$0 $0 $0
ROSY BERGIN Director 2.00
Director
$0 $0 $0
SAM CARLSON Director 2.00
Director
$0 $0 $0
DAN McCRANIE Chairman 2.00
Officer
$0 $0 $0
ERIC WALLACE Treasurer 2.00
Officer
$0 $0 $0
MATT MAHOOD Secretary 2.00
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
2025 $287,759 $200,608 $258,537 $87,151
2024 $255,368 $181,281 $171,319 $74,087
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