Superior, MT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINERAL COUNTY ECONOMIC, founded in 2012, is a micro nonprofit in the Community Improvement sector that reported $14K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $36K exceeded revenue, resulting in a 148% operating deficit.
Mineral County Economic Development Corp (MCEDC) serves as a conduit for community and economic development. MCEDC serves as a facilitator service for many organizations, county, city, and state government. The expenses incurred by this service is considered as the organizations way of showing support for those entities that are served. No expenses are incureed. While MCEDC is a service organization to facilitate economic and community growth our services reach 500-1,000 people for each program that we facilitate.
No grants were received or granted by Mineral County Economic Development Corp (MCEDC). MCEDC is a community development 501(c)3. We support local organizations by facilitation, letters of support...
No grants were received or granted by Mineral County Economic Development Corp (MCEDC). MCEDC is a community development 501(c)3. We support local organizations by facilitation, letters of support, support to help them write their grants for their projects. We do not have a grants program at this time. As our capacity grows the organizations Board will consider the possibility of providing grant funding for local organizations.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $14,389 | $63,582 | -0.8% |
| Expenses | $35,743 | $72,565 | -0.5% |
| Net Income | $-21,354 | $-8,983 | +1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Emily Park | Director | 10 |
Key Emp
|
$24,419 | $0 | $24,419 |
| Kathleen Brown | Board President | 5 |
Director
|
$0 | $0 | $0 |
| James O DeBree | Board Vice President | 5 |
Director
|
$0 | $0 | $0 |
| Carol Young | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Erin Woodson | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Sharon Patterson | Sec/Treas | 10 |
Director
|
$0 | $0 | $0 |
| Dan Fultz | Board Member | 5 |
Director
|
$0 | $0 | $0 |
| Bessie Spangler | Board member | 5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $14,389 | $35,743 | $77,313 | $-21,354 |
Compare MINERAL COUNTY ECONOMIC with other nonprofits in Montana and across the country.