DOWNTOWN MEBANE DEVELOPMENT CORPORATION (EIN 883879688) - 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

SUGAREE THORNTON

Phone

3362696154

Tax Period

2024-07-01 to 2025-06-30

DOWNTOWN MEBANE DEVELOPMENT CORPORATION, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $153K in total revenue in fiscal year 2024. The organization ran a surplus of $30K, a strong 20% operating margin.

Mission

THE MISSION OF THE DOWNTOWN MEBANE DEVELOPMENT CORPORATION IS TO FACILITATE THE REVITALIZATION AND PRESERVATION OF HISTORIC DOWNTOWN MEBANE THROUGH AN INCLUSIVE COLLABORATION AND PARTNERSHIP WITH GREATER MEBANE.

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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 $152,611

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $152,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,544

Fundraising Expenses $0

Program Expenses $110,046

Other Expenses $40,259

TOTAL EXPENSES $122,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,611	$145,399	+0.0%
Expenses	$122,803	$122,240	+0.0%
Net Income	$29,808	$23,159	+0.3%

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

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

$38,020

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUGAREE THORNTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
GREG PAYNE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE KRANS	DIRECTOR	1.00	Director	$0	$0	$0
PEYTON FUQUA	SECRETARY	1.00	Officer Director	$0	$0	$0
SARAH WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
KAVITA PATEL	DIRECTOR	1.00	Director	$0	$0	$0
ADRIAN ZECK	DIRECTOR	1.00	Director	$0	$0	$0
KEN WALKER	DIRECTOR	1.00	Director	$0	$0	$0
TORY WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
LAURA SCHAEFER	EXECUTIVE DIRECTOR	40.00	Officer	$38,020	$0	$38,020

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	$152,611	$122,803	$193,874	$29,808
2024	$145,399	$122,240	$140,018	$23,159

DOWNTOWN MEBANE DEVELOPMENT CORPORATION