EL DORADO DEVELOPMENT CORPORATION (EIN 237413915) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

TERRY NORMAN

Phone

8708636113

Tax Period

2022-01-01 to 2022-12-31

EL DORADO DEVELOPMENT CORPORATION, founded in 1956, is a small nonprofit that reported $222K in total revenue in fiscal year 2020. Revenue surged 515% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 93% operating margin.

Mission

PROMOTE AND FACILITATE ECONOMIC DEVELOPMENT IN EL DORADO AND UNION COUNTY, ARKANSAS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $101,032

Other Revenue $81

TOTAL REVENUE $101,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,333

Fundraising Expenses $0

Other Expenses $7,561

TOTAL EXPENSES $20,894

Year-over-Year Comparison

	2022	2021	Change
Revenue	$101,113	$288	+350.1%
Expenses	$20,894	$19,440	+0.1%
Net Income	$80,219	$-19,152	-5.2%

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
TERRY NORMAN	BOARD MEMBER/CHAIR	0.00	Director	$0	$0	$0
JOHN LOWERY JR	BOARD MEMBER	0.00	Director	$0	$0	$0
DAVID SKINNER	BOARD MEMBER	0.00	Director	$0	$0	$0
ROBERT REYNOLDS	BOARD MEMBER	0.00	Director	$0	$0	$0
MATTHEW J SHEPHERD	BOARD MEMBER	0.00	Director	$0	$0	$0
JEFF TEAGUE	BOARD MEMBER	0.00	Director	$0	$0	$0
CHRIS HEGI	BOARD MEMBER	0.00	Director	$0	$0	$0
SCOTT FIFE	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN MILAM	BOARD MEMBER	0.00	Director	$0	$0	$0
FLOYD M THOMAS JR	BOARD MEMBER	0.00	Director	$0	$0	$0
JIM MOORE	BOARD MEMBER	0.00	Director	$0	$0	$0
ROB ROBERTSON	BOARD MEMBER	0.00	Director	$0	$0	$0
DON HALE	BOARD MEMBER	0.00	Director	$0	$0	$0
BILL LUTHER	EX-OFFICIO	8.00	Officer	$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
2022	$101,113	$20,894	$888,629	$80,219
2020	$221,706	$16,062	$831,459	$205,644

EL DORADO DEVELOPMENT CORPORATION