Hamburg Development Corporation (EIN 161307889) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

SEAN DOYLE

Phone

7166484145

Tax Period

2025-01-01 to 2025-12-31

Hamburg Development Corporation, founded in 1986, is a micro nonprofit in the Community Improvement sector that reported $13K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $14K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE STATED PURPOSES OF THE CORPORATION ARE TO STIMULATE REINVESTMENT IN THE RESIDENTIAL, COMMERCIAL AND INDUSTRIAL AREAS SITUATED IN THE TOWN OF HAMBURG THROUGH A PARTNERSHIP OF RESIDENTS AND MEMBERS OF THE BUSINESS COMMUNITIES OF THE CORPORATION'S GEOGRAPHIC AREA, REPRESENTATIVES OF LOCAL GOVERNMENT AND FINANCIAL INSTITUTIONS, AND OTHER INTERESTED PERSONS, WORKING TOGETHER THROUGH A PROFESSIONALLY STAFFED, NON-PROFIT ORGANIZATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,954

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,954

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,372

TOTAL EXPENSES $14,372

Year-over-Year Comparison

	2025	2024	Change
Revenue	$12,954	$16,655	-0.2%
Expenses	$14,372	$15,038	0.0%
Net Income	$-1,418	$1,617	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS LORD	Director	2.00	Director	$0	$0	$0
JOE GUNNING	Director	2.00	Director	$0	$0	$0
SEAN BUFFUM	Director	2.00	Director	$0	$0	$0
JEFF LEYONMARK	Director	2.00	Director	$0	$0	$0
MARLON KERNER	Director	2.00	Director	$0	$0	$0
JIM ZIEMER	Director	2.00	Director	$0	$0	$0
RYAN GANNON	Director	2.00	Director	$0	$0	$0
EVAN MALONEY	Director	2.00	Director	$0	$0	$0
MARIE DOMON-PAYZCH	Director	2.00	Director	$0	$0	$0
NICOLE MCKILLEN	Director	2.00	Director	$0	$0	$0
BRIAN ATTEA	Director	2.00	Director	$0	$0	$0
SEAN DOYLE	Executive Director	10.00	Director	$0	$0	$0
OLIVIA HILL	President	2.00	Officer	$0	$0	$0
JEFF HALAS	President - Elect	2.00	Officer	$0	$0	$0
MOLLY GEORGER	Secretary / Treasurer	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$12,954	$14,372	$560,649	$-1,418
2024	$16,655	$15,038	$562,067	$1,617
2023	$14,518	$13,103	$560,450	$1,415
2022	$18,564	$30,874	$563,002	$-12,310
2021	$14,108	$91,206	$575,312	$-77,098
2020	$13,109	$16,414	$652,410	$-3,305
2019	$20,343	$14,432	$655,715	$5,911
2018	$12,271	$6,955	$649,804	$5,316

Hamburg Development Corporation