KENT ECONOMIC PARTNERSHIP INC

EIN: 262138833 501(c)(3) Community Improvement

DOVER, DE

Total Revenue
$546,480
Total Expenses
$460,206
Total Assets
$875,308
Net Assets
$875,308
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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
2009
Legal Domicile
DE
Principal Officer
GREGG MOORE
Phone
3026783028
Tax Period
2025-01-01 to 2025-12-31

KENT ECONOMIC PARTNERSHIP INC, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $546K in total revenue in fiscal year 2025. The organization ran a surplus of $86K, a strong 16% operating margin.

Mission

THE KENT ECONOMIC PARTNERSHIP (KEP) IS A NON-PROFIT ORGANIZATION CREATED TO SUPPORT AND EXPAND BUSINESS INTERESTS THROUGHOUT CENTRAL DELAWARE.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $517,500
Program Service Revenue $0
Investment Income $28,980
Other Revenue $0
TOTAL REVENUE $546,480

Expense Breakdown

Grants Paid $0
Salaries & Benefits $382,729
Fundraising Expenses $0
Program Expenses $42,014
Other Expenses $77,477
TOTAL EXPENSES $460,206

Year-over-Year Comparison

2025 2024 Change
Revenue $546,480 $573,207 0.0%
Expenses $460,206 $404,268 +0.1%
Net Income $86,274 $168,939 -0.5%
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

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Governance

Voting Members
15
Independent Members
15
Employees
5
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
0
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA PARKOWSKI EXECUTIVE DI 40.00
Highest
$212,485 $0 $212,485
NORMAN BARLOW BOARD MEMBER 1.00
Director
$0 $0 $0
SHANE BREAKIE BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLY CECCHETT BOARD MEMBER 1.00
Director
$0 $0 $0
MAYOR ROBIN CHRISTIANSEN BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD ESPOSITO BOARD MEMBER 1.00
Director
$0 $0 $0
TABITHA GOTT BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT MACLEISH BOARD MEMBER 1.00
Director
$0 $0 $0
DENIS MCGLYNN BOARD MEMBER 1.00
Director
$0 $0 $0
GREGG MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY PEPPER BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN SIPPLE BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS SPENCE BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK SPIEGELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DINA VENDETTI BOARD MEMBER 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 $546,480 $460,206 $875,308 $86,274
2024 $573,207 $404,268 $789,034 $168,939
2023 $477,063 $389,609 $620,095 $87,454
2022 $456,750 $384,768 $532,641 $71,982
2021 $462,951 $381,382 $460,659 $81,569
2020 $342,985 $267,421 $379,090 $75,564
2019 $442,058 $344,624 $303,819 $97,434
2018 $245,507 $98,713 $206,385 $146,794
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