Downtown Merriam Partnership Inc

Nonprofit profile at a glance

EIN: 753087708
IRS 990-EZ coverage: 2010–2024
Forms available: Form 990-EZ 2024
Location: Merriam, KS, USA
Phone: 9137221033
Rating: 42
Verdict: MIXED
Rating confidence: Moderate
Sector: Community, Neighborhood Development

Reported finances

Revenue: $19,816
Expenses: $60,348
Assets: $289,135

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

RICK WILLIAMS (PRESIDENT)

People named in this filing

RICK WILLIAMS (PRESIDENT)
ANTON KRUTZ (VICE PRESIDE)
KACI FRAME (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

To facilitate the revitalization of the downtown district of the city of merriam, Kansas. To perform educational functions for the better understanding of the needs of modern business and commerce. To act as a representative of the business and property owners of the downtown district of the city of merriam, Kansas in discussions, negotiations and relationships with the city, consultants and others.

What it reported doing in 2024

Facilitate the revitalization of downtown merriam, Kansas.

Operating model

Revenue model: Investment-supported. 96% of the money available for current operations came from recurring investment income.
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: 9
Transparency & Controls: 82
Sustainability: 33
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 12.5%; rating input score 12
Program expense ratio: 4%; rating input score 4

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -204.5%; rating input score 5; 5th percentile among comparable filings
Total-asset coverage ratio: 4.79; rating input score 83; 83rd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -5.1% per year; rating input score 0; 35th percentile among comparable filings
Revenue growth: 1.7% per year; rating input score 100; 59th percentile among comparable filings
Asset growth: 0.5% per year; rating input score 100; 41st percentile among comparable filings

Details

Where the money goes: 12.5% of revenue deployed · 4% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $2K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 6 of 6 current checks pass
Schedules: 1 filed schedules
Filing history: 14 filing years from 2010 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.

High — Financial Efficiency: Mission deployment rate scored 12/100.
High — Financial Efficiency: Program expense ratio scored 4/100.
High — Sustainability: Operating margin scored 5/100.
High — Growth: Program expense growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.