WASHINGTON COUNTY COUNCIL ON ECONOMIC DEVELOPMENT (EIN 251598389) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

RICHARD L WHITE

Phone

7242258223

Tax Period

2023-10-01 to 2024-09-30

WASHINGTON COUNTY COUNCIL ON ECONOMIC DEVELOPMENT, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $849K, a strong 52% operating margin.

Mission

WASHINGTON COUNTY COUNCIL ON ECONOMIC DEVELOPMENT (WCCED) IS DEDICATED TO A MISSION OF COMMUNITY ECONOMIC DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $319,098

Program Service Revenue $181,201

Investment Income $1,109,250

Other Revenue $18,691

TOTAL REVENUE $1,628,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $352,011

Fundraising Expenses $0

Program Expenses $603,003

Other Expenses $427,136

TOTAL EXPENSES $779,147

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,628,240	$744,575	+1.2%
Expenses	$779,147	$793,215	0.0%
Net Income	$849,093	$-48,640	-18.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$102,208

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD L WHITE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
J LYNN DEHAVEN	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROBERT GRIFFIN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARTY BEICHNER	DIRECTOR	0.00	Director	$0	$0	$0
DONALD L HODOR	DIRECTOR	0.00	Director	$0	$0	$0
JAMES R MCDONALD	DIRECTOR	0.00	Director	$0	$0	$0
DIANA IREY VAUGHAN	DIRECTOR	0.00	Director	$0	$0	$0
RAYMOND POPECK	DIRECTOR	0.00	Director	$0	$0	$0
JOSEPHINE JOHNSON	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD SAHAR	EXECUTIVE DIRECTOR	40.00	Officer	$92,655	$9,553	$102,208

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	$1,628,240	$779,147	$23,579,599	$849,093
2022	$790,117	$998,512	$22,859,108	$-208,395
2021	$1,591,528	$1,035,017	$23,228,157	$556,511
2020	$3,568,038	$887,455	$19,044,720	$2,680,583
2019	$803,240	$955,208	$13,858,871	$-151,968
2018	$1,030,451	$1,246,829	$13,880,743	$-216,378

WASHINGTON COUNTY COUNCIL ON ECONOMIC DEVELOPMENT