Culver City Downtown Business Assn (EIN 954604649) - 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

1996

Legal Domicile

Principal Officer

Darrel Menthe

Phone

3106492960

Tax Period

2023-01-01 to 2023-12-31

Culver City Downtown Business Assn, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $618K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

To promote the interests of the Downtown business community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $532,379

Investment Income $37

Other Revenue $85,770

TOTAL REVENUE $618,186

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,941

Fundraising Expenses $0

Program Expenses $563,974

Other Expenses $445,324

TOTAL EXPENSES $604,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$618,186	$433,400	+0.4%
Expenses	$604,265	$447,568	+0.4%
Net Income	$13,921	$-14,168	-2.0%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Stu Freeman	Director	Director	$0	$0	$0
Ken Kaufman	Vice President	Director	$0	$0	$0
Karl Kuhn	Director	Officer Director	$0	$0	$0
Kathy Lundeen	Treasurer	Officer Director	$0	$0	$0
Kevin Lachoff	President	Officer Director	$0	$0	$0
Alan Schulman	Director	Director	$0	$0	$0
Eric Simms	Director	Director	$0	$0	$0
Ryan Smith	Director	Director	$0	$0	$0
Macks Collins	Director	Director	$0	$0	$0
Andy Weissman	Director	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	No data	No data	No data	No data
2023	$618,186	$604,265	$301,450	$13,921
2022	$433,400	$447,568	$287,529	$-14,168
2021	$826,547	$556,306	$301,697	$270,241
2020	$365,247	$346,630	$31,456	$18,617
2019	$303,015	$300,496	$12,839	$2,519
2018	$297,437	$299,378	$10,320	$-1,941

Culver City Downtown Business Assn