Bradford, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bradford Economic Development Corporation, founded in 1951, is a micro nonprofit that reported $8K in total revenue in fiscal year 2024. Revenue surged 43383% from the prior year, signaling strong growth momentum. Expenses of $15K exceeded revenue, resulting in a 96% operating deficit.
Promote local economic and business development and growth.
The Corporation owns and maintains a 71-acre industrial park in Foster Township to serve the economic development needs of the Bradford community. The organization continues to maintain the...
The Corporation owns and maintains a 71-acre industrial park in Foster Township to serve the economic development needs of the Bradford community. The organization continues to maintain the industrial park and market available site ready lots for economic development purposes.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,827 | $18 | +433.8% |
| Expenses | $15,361 | $34,184 | -0.6% |
| Net Income | $-7,534 | $-34,166 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| Norm Strotman | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Rick Esch | Vice-President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Tim Asinger | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Sherri Geary | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Hollenbeck | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Karen Costello-Pecht | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Sara Andrews | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Judy Bodamer | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Bob Esch | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Don Fredeen | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Ron Orris | Board member | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,827 | $15,361 | $1,959,685 | $-7,534 |
| 2023 | $18 | $34,184 | $1,957,319 | $-34,166 |
| 2022 | $18 | $20,652 | $1,991,485 | $-20,634 |
| 2021 | $28 | $11,058 | $2,029,419 | $-11,030 |
| 2020 | $4,175 | $15,241 | $2,038,479 | $-11,066 |
| 2019 | $58,339 | $139,204 | $2,034,215 | $-80,865 |
| 2018 | $172,052 | $166,855 | $3,044,415 | $5,197 |
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