Bedford County Development Association (EIN 251779048) - 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

1990

Legal Domicile

Principal Officer

BETTE SLAYTON

Phone

8146234816

Tax Period

2024-01-01 to 2024-12-31

Bedford County Development Association, founded in 1990, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.3M, a strong 54% operating margin.

Mission

Promote and attract businesses to and for Bedford County Pennsylvania

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,283,613

Program Service Revenue $0

Investment Income $203,880

Other Revenue $-76,889

TOTAL REVENUE $2,410,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $409,564

Fundraising Expenses $0

Program Expenses $1,005,331

Other Expenses $702,971

TOTAL EXPENSES $1,112,535

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,410,604	$4,167,470	-0.4%
Expenses	$1,112,535	$635,738	+0.7%
Net Income	$1,298,069	$3,531,732	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sean Bardell	Teasurer	3.00	Director	$0	$0	$0
Mike Odellick	Vice Chair	3.00	Director	$0	$0	$0
Sherry Cain	Past Chair	3.00	Director	$0	$0	$0
Trudy Mitchell	Secretary	3.00	Director	$0	$0	$0
Amanda Burroughs	Asst Treasurer	3.00	Director	$0	$0	$0
Jeffrey Crist	President	3.00	Director	$0	$0	$0
Nathan Roadman	Asst Secretary	3.00	Officer	$0	$0	$0
Mika Brambley	Board	2.00	Officer	$0	$0	$0
Clifton Clark	Board	2.00	Officer	$0	$0	$0
Gregory Krug	Board	2.00	Officer	$0	$0	$0
Elizabeth Manges	Board	2.00	Director	$0	$0	$0
Kaitlyn Swope	Board	2.00	Officer	$0	$0	$0
Mike Corso	Board	2.00	Officer	$0	$0	$0
Dwayne Zimmerman	Board	2.00	Officer	$0	$0	$0
JP Tambourine	Board	2.00	Officer	$0	$0	$0
Darin Mauzy	Board	2.00	Officer	$0	$0	$0
Betty Slayton	President	40.00	Highest	$167,572	$0	$167,572
Mark Patterson	Board	2.00	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
2024	$2,410,604	$1,112,535	$16,238,950	$1,298,069
2023	$4,167,470	$635,738	$11,418,597	$3,531,732
2022	$-773,212	$477,167	$8,186,227	$-1,250,379
2021	$559,420	$448,421	$12,092,964	$110,999
2020	$266,142	$448,394	$11,858,262	$-182,252
2019	$470,721	$422,536	$12,091,240	$48,185
2018	$240,881	$362,417	$11,806,782	$-121,536

Bedford County Development Association