DOWNTOWN BOONE INC

🔒

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

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

HOLLY STECKER

Tax Period

2025-01-01 to 2025-12-31

DOWNTOWN BOONE INC, founded in 2024, is a small nonprofit in the Arts, Culture & Humanities sector that reported $288K in total revenue in fiscal year 2025.

Mission

AS PART OF THE MAIN STREET PROGRAM THE ORGANIZATION FOCUSES ON HISTORIC PRESERVATION AND COMMUNITY ENGAGEMENT OF THE DOWNTOWN AREA OF BOONE, IOWA

Program Service Accomplishments

Program 1

Expenses: $254,085 Revenue: $1,947

AS PART OF THE MAIN STREET PROGRAM, THE ORGANIZATION PROVIDES PUBLIC EDUCATION ON THE HISTORY AND REVITALIZATION OF BOONE'S HISTORIC BUILDINGS AND PROMOTES COMMUNITY ENGAGEMENT IN THE PRESERVATION...

AS PART OF THE MAIN STREET PROGRAM, THE ORGANIZATION PROVIDES PUBLIC EDUCATION ON THE HISTORY AND REVITALIZATION OF BOONE'S HISTORIC BUILDINGS AND PROMOTES COMMUNITY ENGAGEMENT IN THE PRESERVATION AND REVITALIZATION OF THE HISTORIC DOWNTOWN BOONE IOWA DISTRICT.

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $285,786

Program Service Revenue $1,947

Investment Income $0

Other Revenue $23

TOTAL REVENUE $287,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,120

Fundraising Expenses $0

Program Expenses $254,085

Other Expenses $243,485

TOTAL EXPENSES $307,605

Year-over-Year Comparison

	2025	2024	Change
Revenue	$287,756	N/A	N/A
Expenses	$307,605	N/A	N/A
Net Income	$-19,849	N/A	N/A

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

Governance

Voting Members

Independent Members

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

$58,092

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLY STECKER	Executive Dir.	45.00	Officer	$56,400	$1,692	$58,092
TOM BLANFORD	President	2.00	Officer Director	$0	$0	$0
KELLEY MOLITOR	Vice President	2.00	Officer Director	$0	$0	$0
SUSAN SCHAFER	Secretary	2.00	Officer Director	$0	$0	$0
LISA KAHOOKELE	Director	2.00	Director	$0	$0	$0
ROBIN SASSMAN	Director	1.00	Director	$0	$0	$0
EVAN JORGENSEN	Director	1.00	Director	$0	$0	$0
PAUL CLARK	Director	1.00	Director	$0	$0	$0
DEREK QUAM	Director	1.00	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
2025	$287,756	$307,605	$4,733	$-19,849