Wetumpka Downtown

Nonprofit profile at a glance

EIN
812819827
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024
Location
Wetumpka, AL, USA
Phone
3344512943
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$194,520
Expenses
$267,641
Assets
$50,431
Liabilities
$1,824

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

Leadership & pay

11 people listed

Executive titles in this filing

  • CLAY MCCONNELL (1ST VICE PRESIDENT)
  • ANGIE CARTER (2ND VICE PRESIDENT)
  • HALEY N GREENE (EXECUTIVE DIRECTOR)
  • RACHEL TURNER (PRESIDENT)

People named in this filing

  • DENNIS G FAIN (TREASURER)
  • SCOTT GRIER (BOARD MEMBER)
  • NICKY GODWIN (BOARD MEMBER)

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 educate the public and promote interest in the preservation, history, culture, architecture, and public use of downtown wetumpka's historic downtown area.

What it reported doing in 2024

Wetumpka downtown, inc. Has been fully engaged in educating the general public about the benefits of helping build general support for the revitalization of downtown wetumpka. The four point approach to revitalization involving economic restructuring, organization, design and promotion have been discussed at several public presentations by main street Alabama officials and the citizens attending have been engaged to serve on committees for the upcoming year which will address work plans to begin change in our downtown community. Providing education on the historic and cultural resources within the downtown community have led to many new suggestions for bringing the general public back to downtown to enjoy events and preserve the historical and cultural integrity of our downtown.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

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: 0
  • Transparency & Controls: 100
  • Sustainability: 12
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

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: -37.6%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 26.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -48.8% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 16.6% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2015 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.