TECH TOWN NEW MARKET INC (EIN 900754052) - 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

1977

Legal Domicile

Principal Officer

ROSALIE GEHRICH

Phone

9378532529

Tax Period

2024-01-01 to 2024-12-31

TECH TOWN NEW MARKET INC, founded in 1977, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $770K, a strong 60% operating margin.

Mission

TO INITIATE AND CONDUCT PROJECTS FOR THE CLEARANCE, REPLANNING, DEVELOPMENT, AND REDEVELOPMENT OF BLIGHTED AREAS WITHIN THE CITY

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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 $0

Program Service Revenue $100,000

Investment Income $0

Other Revenue $1,184,966

TOTAL REVENUE $1,284,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $710,192

Other Expenses $514,485

TOTAL EXPENSES $514,485

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,284,966	$1,198,431	+0.1%
Expenses	$514,485	$533,559	0.0%
Net Income	$770,481	$664,872	+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

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

$626,956

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MELIN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
FRANK FERRANTE	TRUSTEE	1.00	Director	$0	$0	$0
DAVE DICKERSON	TRUSTEE	1.00	Director	$0	$0	$0
SHELLEY DICKSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
STEVE GONDOL	TRUSTEE	1.00	Director	$0	$0	$0
GINA MCFARLANE-EL	TRUSTEE	1.00	Director	$0	$0	$0
FRANK PETRIE	TRUSTEE	1.00	Director	$0	$0	$0
TERRI BETHEL	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
AMY RIEGEL	TRUSTEE	1.00	Director	$0	$0	$0
KIYA PATRICK	TRUSTEE	1.00	Director	$0	$0	$0
MARK WILLIAMS	TRUSTEE	1.00	Director	$0	$0	$0
TODD PLEIMAN	TREASURER	1.00	Officer Director	$0	$0	$0
JOSEPH GORDON	TRUSTEE	1.00	Director	$0	$0	$0
KENA BROWN	TRUSTEE	1.00	Director	$0	$0	$0
WALT HIBNER	TRUSTEE	1.00	Director	$0	$0	$0
RODDELL MCCULLOUGH	SECRETARY	1.00	Officer Director	$0	$0	$0
NIKOL MILLER	TRUSTEE	1.00	Director	$0	$0	$0
BOB RUZINSKY	TRUSTEE	1.00	Director	$0	$0	$0
KRISTIN FINCH	TRUSTEE	1.00	Director	$0	$0	$0
STEVE SKERL	TRUSTEE	1.00	Director	$0	$0	$0
ROSALIE GEHRICH	CFO/ASST TREASURER	1.00	Officer	$0	$23,732	$192,140
DANIEL KANE	PRESIDENT	1.00	Officer	$0	$46,542	$267,392
KAREN DEMASI	ASSISTANT SECRETARY	1.00	Officer	$0	$19,968	$167,424
HEATHER CORBIN	SBA DIRECTOR/SR BUSINESS D	1.00	Highest	$0	$11,823	$168,237
SHANE WILKEN	SENIOR BUSINESS DEVELOPMEN	1.00	Highest	$0	$18,344	$160,496

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	$1,284,966	$514,485	$8,392,941	$770,481
2023	$1,198,431	$533,559	$7,920,916	$664,872
2022	$1,217,451	$767,657	$7,535,133	$449,794
2021	$1,202,057	$739,009	$7,317,283	$463,048
2020	$1,165,587	$728,110	$6,893,727	$437,477
2019	$1,198,543	$826,657	$6,610,203	$371,886
2018	$7,456,561	$789,714	$6,434,645	$6,666,847

TECH TOWN NEW MARKET INC