SEYMOUR, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CITY OF SEYMOUR FACILITIES BUILDING CORPORATION, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $691K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $439K, a strong 64% operating margin.
TO ACQUIRE LAND, ERECT BUILDINGS, ACQUIRE FINANCING AND LEASE THE FACILITIES SUITABLE FOR USE BY THE CITY OF SEYMOUR, INDIANA.
IN AUGUST 2021, THE CORPORATION ENTERED INTO A LEASE AGREEMENT WITH THE CITY OF SEYMOUR FOR PREMISES SECURING THE SERIES 2021 REVENUE BONDS. THE SERIES 2021 BONDS IN THE AMOUNT OF $8,995,000 MATURE...
IN AUGUST 2021, THE CORPORATION ENTERED INTO A LEASE AGREEMENT WITH THE CITY OF SEYMOUR FOR PREMISES SECURING THE SERIES 2021 REVENUE BONDS. THE SERIES 2021 BONDS IN THE AMOUNT OF $8,995,000 MATURE IN FEBRUARY 2041. THE PROCEEDS FROM THE BONDS WILL BE USED TO FINANCE THE PROJECTS CONSISTING OF (I) A NEW FIRE STATION ON WEST SECOND STREET IN SEYMOUR, (II) THE RENOVATION OF CITY HALL ON NORTH CHESTNUT STREET IN SEYMOUR, AND (III) THE RENOVATION OF AN OLD FIRE STATION ON EAST STREET IN SEYMOUR. CONSTRUCTION ON THE NEW FIRE STATION AND RENOVATION OF CITY HALL BEGAN IN 2021. THE NEW FIRE STATION WAS COMPLETED IN 2022. THE REMAINING CONSTRUCTION CONTINUED INTO 2024. AS OF DECEMBER 31, 2024, CONSTRUCTION COSTS ON THE PROJECTS TOTALED $8,957,671.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $690,512 | $598,148 | +0.2% |
| Expenses | $251,950 | $269,862 | -0.1% |
| Net Income | $438,562 | $328,286 | +0.3% |
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 |
|---|---|---|---|---|---|---|
| ROBERT L PRATHER | PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM W BAILEY | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID H WINDLEY | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $690,512 | $251,950 | $10,038,725 | $438,562 |
| 2023 | $598,148 | $269,862 | $9,932,248 | $328,286 |
| 2022 | $134,910 | $4,772,012 | $9,707,398 | $-4,637,102 |
| 2021 | $392,987 | $19,225 | $14,344,500 | $373,762 |
| 2020 | $430,326 | $25,780 | $4,806,463 | $404,546 |
| 2019 | $428,035 | $32,190 | $4,810,417 | $395,845 |
| 2018 | $426,489 | $37,250 | $4,815,072 | $389,239 |
Compare CITY OF SEYMOUR FACILITIES BUILDING CORPORATION with other nonprofits in Indiana and across the country.