Wausa Development Corporation (EIN 237107835) - 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

2014

Legal Domicile

Phone

4025862266

Tax Period

2024-01-01 to 2024-12-31

Wausa Development Corporation, founded in 2014, is a small nonprofit in the Environment sector that reported $272K in total revenue in fiscal year 2024. Revenue surged 142% from the prior year, signaling strong growth momentum. The organization ran a surplus of $243K, a strong 89% operating margin.

Mission

Was formed with the intent on expanding and growing the city of Wausa Nebraska.

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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 (2024)

Revenue Breakdown

Contributions & Grants $270,000

Program Service Revenue $0

Investment Income $1,530

Other Revenue $0

TOTAL REVENUE $271,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,435

Other Expenses $28,949

TOTAL EXPENSES $28,949

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,530	$112,204	+1.4%
Expenses	$28,949	$49,491	-0.4%
Net Income	$242,581	$62,713	+2.9%

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

N/A

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
Jordan Johnson	President	5.00	Director	$0	$0	$0
Jeff Friedrich	Treasurer	2.00	Director	$0	$0	$0
Mike Burns	Board Member	1.00	Director	$0	$0	$0
Lyle Rorvik	Board Member	1.00	Director	$0	$0	$0
Doug Johnson	Board Member	1.00	Director	$0	$0	$0
Darren Vanness	Board Member	1.00	Director	$0	$0	$0
Terry Johnson	Board Member	1.00	Director	$0	$0	$0
Lori Bengston	Board Member	1.00	Director	$0	$0	$0
Brad Hoesing	Board Member	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
2024	$271,530	$28,949	$576,017	$242,581

Wausa Development Corporation