MOUNT AYR, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RINGGOLD COUNTY DEVELOPMENT CORPORATION, founded in 1960, is a small nonprofit in the Community Improvement sector that reported $551K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $458K, a strong 83% operating margin.
The mission of the organization is to strengthen the economic well-being of Ringgold County,Iowa through a commitment to business and industrial recruitment and retention; fostering a teleworking community that encourages professional growth and success; promoting recreation and tourism; and collaborating with local, regional and state governments, as well as with local schools and other area resources
PROMOTING ECONOMIC DEVELOPMENT THROUGH BRINGING BROADBAND TO RURAL AREAS, WORKING WITH THE TOWN OF MOUNT AYR ON A HOUSING INITIAVE. WORKING WITH THE TOWN OF MOUNT AYR ON A DOWNTOWN REVITALIZATION...
PROMOTING ECONOMIC DEVELOPMENT THROUGH BRINGING BROADBAND TO RURAL AREAS, WORKING WITH THE TOWN OF MOUNT AYR ON A HOUSING INITIAVE. WORKING WITH THE TOWN OF MOUNT AYR ON A DOWNTOWN REVITALIZATION PROJECT. ASSIST WITH RECRUITMENT OF NEW PROFESSIONALS TO THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $550,915 | $702,276 | -0.2% |
| Expenses | $92,531 | $9,299 | +9.0% |
| Net Income | $458,384 | $692,977 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JODIE GEIST | Executive Dir. | 40.00 |
Director
|
$52,500 | $0 | $52,500 |
| JUSTIN AKERS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM GREENLAND | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY MAIN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| SANDY PIERSCHBACHER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDI SHAY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN SCHLAPIA | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MORGAN WALDEIER | Vice President | 1.00 |
Director
|
$0 | $0 | $0 |
| REGAN MAIN | President | 1.00 |
Officer
|
$0 | $0 | $0 |
| DICK ELLIOT | Director | 1.00 |
Officer
|
$0 | $0 | $0 |
| PAUL GLENDENNING | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| TRACY BARNES | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $550,915 | $92,531 | $1,447,143 | $458,384 |
| 2022 | $702,276 | $9,299 | $987,319 | $692,977 |
Compare RINGGOLD COUNTY DEVELOPMENT CORPORATION with other nonprofits in Iowa and across the country.