INDUSTRIAL DEVELOPMENT BD OF GIBSON GIBSON CO TN (EIN 202703372) - 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

1993

Legal Domicile

Principal Officer

GREG PILLOW

Phone

7316861172

Tax Period

2023-07-01 to 2024-06-30

INDUSTRIAL DEVELOPMENT BD OF GIBSON GIBSON CO TN, founded in 1993, is a micro nonprofit in the Community Improvement sector that reported $44K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $55K exceeded revenue, resulting in a 26% operating deficit.

Mission

PROMOTE INDUSTRY IN GIBSON COUNTY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $7,383

Other Revenue $36,152

TOTAL REVENUE $43,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,792

Other Expenses $54,928

TOTAL EXPENSES $54,928

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,535	$36,762	+0.2%
Expenses	$54,928	$881,844	-0.9%
Net Income	$-11,393	$-845,082	-1.0%

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
VANCE COLEMAN	DIRECTOR	N/A	Director	$0	$0	$0
BILL FOSTER	DIRECTOR	N/A	Director	$0	$0	$0
JEFF GAMBLE	DIRECTOR	N/A	Director	$0	$0	$0
MARK HAMPTON	DIRECTOR	N/A	Director	$0	$0	$0
BILL JOYNER	SECRETARY	N/A	Officer Director	$0	$0	$0
TOMMY LITTON	DIRECTOR	N/A	Director	$0	$0	$0
BOB MCCURDY	DIRECTOR	N/A	Director	$0	$0	$0
JACK MURPHREE	DIRECTOR	N/A	Director	$0	$0	$0
GREG PILLOW	PRESIDENT	N/A	Officer Director	$0	$0	$0
JR BUTCH REED	DIRECTOR	N/A	Director	$0	$0	$0
WT SIMS	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$43,535	$54,928	$3,228,578	$-11,393
2023	$36,762	$881,844	$3,239,826	$-845,082
2022	$1,952,887	$559,816	$4,079,148	$1,393,071
2021	$443,210	$663,078	$2,686,074	$-219,868
2020	$42,461	$13,199	$2,905,940	$29,262
2019	$33,371	$69,753	$2,876,678	$-36,382

INDUSTRIAL DEVELOPMENT BD OF GIBSON GIBSON CO TN