Connect Downtown Johnson City
Nonprofit profile at a glance
- EIN
- 263597967
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Johnson City, TN, USA
- Phone
- 4232023510
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $153,664
- Expenses
- $76,130
- Assets
- $187,165
- Liabilities
- $3,603
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DAVID NELSON (VICE PRESIDENT)
- ALEX BOMBA (PRESIDENT)
People named in this filing
- DAVID NELSON (VICE PRESIDENT)
- ANDREW MCELROY (MEMBER)
- ALEX BOMBA (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation shall be to save and preserve downtown johnson city for generations to come.
What it reported doing in 2024
The purpose of the corporation shall be to save and preserve downtown johnson city for generations to come and as additionally set out in the articles of incorporation and the by-laws of the corporation.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 81
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.5%; rating input score 50
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 50.5%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 2.46; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13.4% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 25.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 49.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $76K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.