JACKSONVILLE ONSLOW ECONOMIC DEVELOPMENT INC (EIN 237087200) - 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

1970

Legal Domicile

Principal Officer

MELISSA ANDERSON

Phone

9103306329

Tax Period

2024-07-01 to 2025-06-30

JACKSONVILLE ONSLOW ECONOMIC DEVELOPMENT INC, founded in 1970, is a small nonprofit that reported $582K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. Expenses of $556K left a modest 4% surplus.

Mission

THE MISSION OF JACKSONVILLE ONSLOW ECONOMIC DEVELOPMENT AND THE COMMITTEE OF 100 IS TO STIMULATE, ENCOURAGE AND PROMOTE ECONOMIC DEVELOPMENT IN ONSLOW COUNTY AND ITS MUNICIPALITIES. WE STRIVE TO ACCOMPLISH THIS THROUGH THE RECRUITMENT OF NEW BUSINESS AND INVESTMENT, THE CREATION OF NEW JOBS AND ASSISTING IN THE RETENTION AND EXPANSION OF OUR EXISTING BUSINESS AND INDUSTRY.

🔒

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 $581,747

Program Service Revenue $0

Investment Income $69

Other Revenue $0

TOTAL REVENUE $581,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,492

Fundraising Expenses $0

Program Expenses $555,970

Other Expenses $342,478

TOTAL EXPENSES $555,970

Year-over-Year Comparison

	2024	2023	Change
Revenue	$581,816	$306,060	+0.9%
Expenses	$555,970	$336,838	+0.7%
Net Income	$25,846	$-30,778	-1.8%

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

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
MELISSA ANDERSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SOCTT RIGGS	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
TERRI ASHBY	TREASURER	1.00	Officer Director	$0	$0	$0
SUSAN EDWARDS	SECRETARY	1.00	Director	$0	$0	$0
JEFF T CLARK	PAST CHAIR	1.00	Director	$0	$0	$0
MARK SUTHERLAND	DIRECTOR	40.00	Highest	$112,600	$0	$112,600

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	$581,816	$555,970	$179,429	$25,846
2024	$306,060	$336,838	$61,934	$-30,778
2023	$256,062	$227,123	$89,431	$28,939
2022	$276,531	$227,693	$92,650	$48,838
2021	$266,917	$307,386	$11,524	$-40,469

JACKSONVILLE ONSLOW ECONOMIC DEVELOPMENT INC