FALLS CITY ECONOMIC DEVELOPMENT & GROWTH ENTERPRISE INC (EIN 204688422) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

LUCAS FROESCHL

Phone

4022452105

Tax Period

2024-01-01 to 2024-12-31

FALLS CITY ECONOMIC DEVELOPMENT & GROWTH ENTERPRISE INC, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $330K in total revenue in fiscal year 2024. The organization ran a surplus of $60K, a strong 18% operating margin.

Mission

TO RECRUIT NEW BUSINESSES TO THE FALLS CITY AREA AND ASSIST EXISTING BUSINESSES AS NEEDED IN AN EFFORT TO BOOST THE LOCAL ECONOMY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $291,305

Program Service Revenue $0

Investment Income $13,170

Other Revenue $25,833

TOTAL REVENUE $330,308

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,286

Fundraising Expenses $0

Program Expenses $269,879

Other Expenses $187,593

TOTAL EXPENSES $269,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$330,308	$329,575	+0.0%
Expenses	$269,879	$235,690	+0.1%
Net Income	$60,429	$93,885	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUCAS FROESCHL	EXECUTIVE DI	40.00	Officer	$0	$0	$0
KEVIN MALONE	PRESIDENT	5.00	Officer	$0	$0	$0
ROD ROWLAND	VICE PRESIDE	5.00	Officer	$0	$0	$0
RAY JOY	EXECUTIVE CO	5.00	Officer Director	$0	$0	$0
BART KELLER	EXECUTIVE CO	5.00	Officer Director	$0	$0	$0
STEVE KOTTICH	EXECUTIVE CO	5.00	Officer Director	$0	$0	$0
RYAN LARSEN	EXECUTIVE CO	5.00	Director	$0	$0	$0
MITCH MERZ	EXECUTIVE CO	5.00	Director	$0	$0	$0
MARK HARKENDORFF	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SEVERIN	DIRECTOR	1.00	Director	$0	$0	$0
TIM HECKENLIVELY	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA SCHEITEL	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN DAAKE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HALBERT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SICKEL	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN POPPE	DIRECTOR	1.00	Director	$0	$0	$0
JOE RECTOR	DIRECTOR	1.00	Director	$0	$0	$0
DERRICK LEYDEN	DIRECTOR	1.00	Director	$0	$0	$0
KELLY BLETSCHER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GOFF	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY NUSSBAUM	DIRECTOR	1.00	Director	$0	$0	$0
AMBER HOLLE	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$330,308	$269,879	$1,250,083	$60,429
2023	$329,575	$235,690	$1,477,009	$93,885
2022	$232,585	$214,098	$880,769	$18,487
2021	$519,784	$337,964	$1,225,382	$181,820
2020	$284,155	$297,705	$1,021,549	$-13,550
2019	$225,349	$225,349	$582,799	No data

FALLS CITY ECONOMIC DEVELOPMENT & GROWTH ENTERPRISE INC