THE VICTOR LOCAL DEVELOPMENT CORPO… - Form 990 Financial Data

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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

1999

Legal Domicile

Phone

5857425073

Tax Period

2019-01-01 to 2019-12-31

THE VICTOR LOCAL DEVELOPMENT CORPORATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $406K in total revenue in fiscal year 2019.

Mission

The mission of the Victor LDC is to conduct activities that will relieve and reduce unemployment, promote and provide for additional and maximum employment; better and maintain job opportunities, assist individuals to improve or develop their capabilities for jobs, carry on scientific research for the purpose of aiding the community or geographic area by attracting industry to the community and lessening the burdens of government and acting in the public interest.

Program Service Accomplishments

Program 1

Expenses: $389,925

Downtown revitalization and economic development

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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 (2019)

Revenue Breakdown

Contributions & Grants $405,925

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $405,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $389,925

Other Expenses $420,411

TOTAL EXPENSES $420,411

Year-over-Year Comparison

	2019	2018	Change
Revenue	$405,925	N/A	N/A
Expenses	$420,411	N/A	N/A
Net Income	$-14,486	N/A	N/A

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

N/A

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
Liz Biehler	Vice President	2.00	Director	$0	$0	$0
Scott Thon	Director	2.00	Director	$0	$0	$0
Mike Guinan	Director	2.00	Director	$0	$0	$0
Rebecca Melton	President	2.00	Director	$0	$0	$0
Kathleen Rayburn	Exec Director	40.00	Director	$0	$0	$0
Vince Pettrone	Director	2.00	Director	$0	$0	$0
Tedd Rund Jr	Director	2.00	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
2019	$405,925	$420,411	$162,759	$-14,486

THE VICTOR LOCAL DEVELOPMENT CORPORATION