Walnut Creek Downtown Business Associati

Nonprofit profile at a glance

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

19 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Lean and collaborate with our members, partners, and community to promote and enhance downtown walnut creek.

Oktoberfest

Revenue model: Earned-program. 82% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: 85%; rating input score 85; 36th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: 0.7%; rating input score 38; 38th percentile among comparable filings
Total-asset coverage ratio: 0.1; rating input score 5; 5th percentile among comparable filings
Liabilities to assets ratio: 1.32; rating input score 4; 4th percentile among comparable filings
Officer compensation ratio: 10.5%; rating input score 35; 35th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 6.4% per year; rating input score 100; 51st percentile among comparable filings
Asset growth: -5.1% per year; rating input score 0; 6th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 18 of 18 board members independent · 6 of 8 filing controls reported
Programs: 3 filed program accomplishments · $262K in reported program spending
Leadership: top reported pay $118K · 19 people listed
Consistency: 9 of 10 current checks pass · 1 finding to review
Schedules: 6 filed schedules · includes major donors and grants
Filing history: 13 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: 2 filed money-flow records
Related organizations: 2 filed related-organization links
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.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Operating margin scored 38/100.
High — Sustainability: Total-asset coverage ratio scored 5/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
High — Sustainability: Liabilities to assets ratio scored 4/100.
Moderate — Sustainability: Officer compensation ratio scored 35/100.