EASTON AREA INDUSTRIAL LAND DEVELOPMENT COMPANY INC (EIN 237297407) - 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

1967

Legal Domicile

Principal Officer

PHILIP B MITMAN

Phone

4842417314

Tax Period

2025-01-01 to 2025-12-31

EASTON AREA INDUSTRIAL LAND DEVELOPMENT COMPANY INC, founded in 1967, is a micro nonprofit that reported $97K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $1.9M represent 237 months of operating reserves.

Mission

THE ORGANIZATION PROMOTES ECONOMIC DEVELOPMENT AND GROWTH FOR NEW AND ESTABLISHED BUSINESSES IN THE EASTON, PENNSYLVANIA AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $53,651

Investment Income $43,144

Other Revenue $0

TOTAL REVENUE $96,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,849

Fundraising Expenses $0

Program Expenses $62,285

Other Expenses $47,498

TOTAL EXPENSES $94,347

Year-over-Year Comparison

	2025	2024	Change
Revenue	$96,795	$88,035	+0.1%
Expenses	$94,347	$86,884	+0.1%
Net Income	$2,448	$1,151	+1.1%

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

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

$43,349

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP B MITMAN	EXECUTIVE DI	35.00	Officer	$43,349	$0	$43,349
RICK PRINCIPATO	PRESIDENT	2.00	Officer Director	$0	$0	$0
EDWARD SHAUGHNESSY	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
GRAHAM SIMMONS	ASST. VICE P	2.00	Officer Director	$0	$0	$0
MARYELLEN COX	ASST VICE PR	2.00	Officer Director	$0	$0	$0
JOHN EISENHARD	TREASURER	2.00	Officer Director	$0	$0	$0
MARSHALL WOLFF	ASSISTANT TR	2.00	Officer Director	$0	$0	$0
PAUL BRADEN	ASSISTANT SE	2.00	Officer Director	$0	$0	$0
LOREN L SPEZIALE	SOLICITOR	2.00	Officer Director	$0	$0	$0
REBECCA PICHETTO	DIRECTOR	1.00	Director	$0	$0	$0
ANITA JO PAUKOVITS	DIRECTOR	1.00	Director	$0	$0	$0
KEITH KOEPKE	DIRECTOR	1.00	Director	$0	$0	$0
BERNARD METZ JR	DIRECTOR	1.00	Director	$0	$0	$0
JARED MAST	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DOWD	DIRECTOR	1.00	Director	$0	$0	$0
SHELLEY BROWN	DIRECTOR	1.00	Director	$0	$0	$0
L ANDERSON DAUB	DIRECTOR	1.00	Director	$0	$0	$0
DIANE HAVILAND	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN RICE	DIRECTOR	1.00	Director	$0	$0	$0
ED LOZANO	DIRECTOR	1.00	Director	$0	$0	$0
EMILY REITER	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	$96,795	$94,347	$1,913,671	$2,448
2024	$88,035	$86,884	$1,816,711	$1,151
2023	$68,279	$96,945	$1,786,442	$-28,666
2022	$56,116	$94,742	$1,750,845	$-38,626
2021	$52,831	$95,675	$2,077,292	$-42,844
2020	$53,956	$157,003	$1,986,069	$-103,047
2019	$102,538	$86,265	$2,057,106	$16,273
2018	$14,397	$78,232	$1,964,109	$-63,835

EASTON AREA INDUSTRIAL LAND DEVELOPMENT COMPANY INC