Anna Economic Development Corporation (EIN 202965496) - 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

2004

Legal Domicile

Phone

2148315394

Tax Period

2023-10-01 to 2024-09-30

Anna Economic Development Corporation, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $512K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $451K, a strong 88% operating margin.

Mission

To identify and support opportunities that expand the city's business tax base and promote job growth in Anna.

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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 $60,000

Program Service Revenue $0

Investment Income $365,956

Other Revenue $86,380

TOTAL REVENUE $512,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,571

Other Expenses $61,367

TOTAL EXPENSES $61,367

Year-over-Year Comparison

	2023	2022	Change
Revenue	$512,336	$443,654	+0.2%
Expenses	$61,367	$786,498	-0.9%
Net Income	$450,969	$-342,844	-2.3%

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

$163,026

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bruce Norwood	President	0.3	Officer Director	$0	$0	$0
Michelle Hawkins	Secretary	0.3	Officer Director	$0	$0	$0
Nate Pike	Vice President	0.3	Officer Director	$0	$0	$0
Allison Inesta	Director	0.3	Director	$0	$0	$0
Kylee Kelly	Director	0.3	Director	$0	$0	$0
Lamarr Dillingham	Director	0.3	Director	$0	$0	$0
Manjiner Singh	Director	0.3	Director	$0	$0	$0
Bernie Parker	EDC Director	30.0	Officer	$0	$28,253	$163,026
Salena Tittle	EDC Manager	30.0	Officer	$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
2024	$512,336	$61,367	$6,330,336	$450,969
2023	$443,654	$786,498	$5,881,206	$-342,844
2022	$5,599,438	$85,329	$6,227,257	$5,514,109
2021	$13,733	$85,738	$707,660	$-72,005
2020	$17,165	$166,694	$865,827	$-149,529
2019	$418,639	$70,683	$1,018,276	$347,956
2018	$-138,330	$53,368	$667,468	$-191,698

Anna Economic Development Corporation