INDEPENDENCE DOWNTOWN ASSOCIATION

EIN: 930905026 501(c)(3) Human Services

Independence, OR

Total Revenue
$94,546
Total Expenses
$91,225
Total Assets
$11,317
Net Assets
$11,317
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
OR
Tax Period
2019-01-01 to 2019-12-31

INDEPENDENCE DOWNTOWN ASSOCIATION, founded in 1985, is a micro nonprofit in the Human Services sector that reported $95K in total revenue in fiscal year 2019. Revenue surged 336% from the prior year, signaling strong growth momentum. Expenses of $91K left a modest 4% surplus.

Mission

IDA ENCOURAGES, SUPPORTS, AND HELPS PRESERVE THE LIVABILITY AND HISTORIC NATURE OF THE DOWNTOWN CORE AREA OF INDEPENDENCE FOR ALL RESIDENTS AND VISITORS. THE ORGANIZATION PROMOTES DOWNTOWN RESTORATION AND IMPROVEMENTS THAT PROVIDE BROAD GENERAL PUBLIC BENEFIT.

Program Service Accomplishments

Program 1
Expenses: $80,000 Revenue: $80,000

As a vital part of a growing communicate, IDA received grant money to assist small businesses in the community. Small businesses applied for assistance in creating business plans, websites, marketing...

Read more

As a vital part of a growing communicate, IDA received grant money to assist small businesses in the community. Small businesses applied for assistance in creating business plans, websites, marketing materials, and other business managment help.

Program 2
Expenses: $3,838

Hanging Baskets -- IDA provides flower baskets which turn into beautiful balls of color hanging from every lightpost in the downtown area in the summer months.

Program 3
Expenses: $1,944 Revenue: $4,387

Hop & Heritage festival -- celebrates the towns history as the Hop Capital of the World in the early 20th Century. Each year, beginning in July, thousands of pickers descended on the city, coming by...

Read more

Hop & Heritage festival -- celebrates the towns history as the Hop Capital of the World in the early 20th Century. Each year, beginning in July, thousands of pickers descended on the city, coming by boat, wagon and train for the hop harvest. They bedded down in tents in the hop yards, slept on straw, and cooked on sheet iron camp stoves. At the height of the hop era, in the 1920s and 1930s, there were close to 4,600 acres in the surrounding area planted for hops. (Independence City website)

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $83,016
Program Service Revenue $11,530
Investment Income $0
Other Revenue $0
TOTAL REVENUE $94,546

Expense Breakdown

Grants Paid $80,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $89,861
Other Expenses $11,225
TOTAL EXPENSES $91,225

Year-over-Year Comparison

2019 2018 Change
Revenue $94,546 $21,665 +3.4%
Expenses $91,225 $11,000 +7.3%
Net Income $3,321 $10,665 -0.7%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
25

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE SCHWARZLER PRESIDENT 5.00
Officer
$0 $0 $0
VICKIE MCCUBBIN SECRETARY 4.00
Officer
$0 $0 $0
TERI GREGSON TREASURER 4.00
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
2019 $94,546 $91,225 $11,317 $3,321
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INDEPENDENCE DOWNTOWN ASSOCIATION with other nonprofits in Oregon and across the country.