DELAWARE COUNTY LOCAL DEVELOPMENT CORP (EIN 161576206) - 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

1973

Legal Domicile

Phone

6077468595

Tax Period

2025-01-01 to 2025-12-31

DELAWARE COUNTY LOCAL DEVELOPMENT CORP, founded in 1973, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2025. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $998K, a strong 89% operating margin.

Mission

TO PROMOTE JOB CREATION THROUGH FINANCIAL AND OTHER ASSISTANCE TO SMALL BUSINESSES.

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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 $274,870

Program Service Revenue $174,550

Investment Income $2,845

Other Revenue $668,895

TOTAL REVENUE $1,121,160

Expense Breakdown

Grants Paid $24,197

Salaries & Benefits $11,086

Fundraising Expenses $0

Program Expenses $102,755

Other Expenses $88,165

TOTAL EXPENSES $123,448

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,121,160	$448,417	+1.5%
Expenses	$123,448	$264,850	-0.5%
Net Income	$997,712	$183,567	+4.4%

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

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

$11,086

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN NEALIS	Executive Direc	10.00	Officer	$11,086	$0	$11,086
NOEL GOODSPEED	Director	2.00	Director	$0	$0	$0
SCOTT WHITE	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRUCE DOLPH	Treasurer	2.00	Officer Director	$0	$0	$0
MICHAEL O'BRIEN	Director	2.00	Director	$0	$0	$0
CHRIS PRICE	Director	2.00	Director	$0	$0	$0
FLERIDA SANTANA	Director	2.00	Director	$0	$0	$0
WAYNE OLIVER	Chairman	2.00	Officer Director	$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	$1,121,160	$123,448	$7,242,858	$997,712
2024	$448,417	$264,850	$6,089,921	$183,567
2023	$1,330,972	$1,067,714	$5,358,959	$263,258
2022	$508,965	$295,287	$5,037,580	$213,678
2021	$524,744	$77,961	$4,868,946	$446,783
2020	$148,961	$75,968	$4,430,716	$72,993
2019	$313,201	$227,606	$4,100,927	$85,595
2018	$617,038	$546,848	$3,295,846	$70,190

DELAWARE COUNTY LOCAL DEVELOPMENT CORP