EMMETSBURG COMMUNITY DEVELOPMENT (EIN 205660617) - 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

2006

Principal Officer

KIRK HAACK

Phone

7122980204

Tax Period

2023-07-01 to 2024-06-30

EMMETSBURG COMMUNITY DEVELOPMENT, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $272K in total revenue in fiscal year 2023. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 63% operating margin.

Mission

PROMOTION OF COMMUNITY WELFARE AND PROVIDE ECONOMIC DEVELOPMENT ASSISTANCE IN EMMETSBURG, IOWA, TO FINANCE AND DEVELOPE LAND FOR AN INDUSTRIAL DEVELOPMENT PARK IN EMMETSBURG IOWA.

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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 $267,204

Program Service Revenue $4,494

Investment Income $0

Other Revenue $27

TOTAL REVENUE $271,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,870

Other Expenses $100,944

TOTAL EXPENSES $100,944

Year-over-Year Comparison

	2023	2022	Change
Revenue	$271,725	$92,944	+1.9%
Expenses	$100,944	$31,321	+2.2%
Net Income	$170,781	$61,623	+1.8%

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
DAN COOPER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
CORY JENNESS	DIRECTOR	N/A	Director	$0	$0	$0
KIRK HAACK	TREASURER	N/A	Officer Director	$0	$0	$0
BRIAN MALM	PRESIDENT	N/A	Officer Director	$0	$0	$0
KYLE CAVEN	DIRECTOR	N/A	Director	$0	$0	$0
STEVE CODY	DIRECTOR	N/A	Director	$0	$0	$0
KIM KIBBIE	DIRECTOR	N/A	Director	$0	$0	$0
GRETCHEN REICHTER	SECRTARY	N/A	Officer Director	$0	$0	$0
JONATHAN MOE	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	$271,725	$100,944	$1,437,386	$170,781
2023	$92,944	$31,321	$800,862	$61,623
2022	$48,142	$27,708	$741,043	$20,434
2020	$47,316	$17,478	$950,849	$29,838
2019	$205,955	$25,265	$818,877	$180,690
2018	$-3,888	$65,553	$581,950	$-69,441

EMMETSBURG COMMUNITY DEVELOPMENT