Downtown Auburn Cooperative
Nonprofit profile at a glance
- EIN
- 911659537
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Auburn, WA, USA
- Phone
- 2539393982
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $104,585
- Expenses
- $112,744
- Assets
- $80,036
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CHANTAL BANKS (President)
People named in this filing
- CHERYL RAKES (Executive Dir.)
- CHANTAL BANKS (President)
- KELLY MURRAY (Secretary)
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
Promote, improve, and historically preserve downtown as the heart and soul of the community.
What it reported doing in 2024
Promote and improve the downtown area of auburn through grants and funds received from the city of auburn, local businesses, and promotional events
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.9%; rating input score 28
- Program expense ratio: 25.8%; rating input score 26
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7.8%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 45.5%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: -4.3% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 27.9% of revenue deployed · 25.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $29K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Financial Efficiency: Program expense ratio scored 26/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 5/100.