DEVELOPSPRINGFIELD CORPORATION (EIN 263862976) - 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

2008

Legal Domicile

Principal Officer

Jeffrey Daley

Phone

4132098808

Tax Period

2025-01-01 to 2025-12-31

DEVELOPSPRINGFIELD CORPORATION, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $469K in total revenue in fiscal year 2025. Expenses of $767K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO AID IN THE SPEEDY AND ORDERLY DEVELOPMENT OR REDEVELOPMENT OF PROPERTY IN THE CITY OF SPRINGFIELD, INCLUDING BUT NOT LIMITED TO UNUSED, UNDERUSED OR UNDEVELOPED AREAS, AND IN THE DEVELOPMENT, OPERATION, AND MANAGEMENT OF FACILITIES AND INFRASTRUCTURE NECESSARY.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $340,331

Program Service Revenue $128,800

Investment Income $9

Other Revenue $0

TOTAL REVENUE $469,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $758,664

Other Expenses $767,397

TOTAL EXPENSES $767,397

Year-over-Year Comparison

	2025	2024	Change
Revenue	$469,140	$-298,684	-2.6%
Expenses	$767,397	$366,410	+1.1%
Net Income	$-298,257	$-665,094	-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

N/A

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
Andrew Davis	Vice Chair	1.00	Officer Director	$0	$0	$0
Jose Claudio	Secretary	1.00	Officer Director	$0	$0	$0
Antonio Dos Santos	Chairman	1.00	Officer Director	$0	$0	$0
Timothy Sheehan	Director	1.00	Director	$0	$0	$0
Jeffrey Daley	President & CEO	1.00	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
2025	$469,140	$767,397	$3,543,148	$-298,257
2024	$-298,684	$366,410	$3,838,765	$-665,094
2023	$-868,884	$163,906	$4,946,432	$-1,032,790
2023	No data	No data	No data	No data
2022	$166,652	$196,268	$6,116,230	$-29,616
2021	$373,622	$202,432	$7,109,235	$171,190
2020	$288,625	$433,618	$7,056,658	$-144,993
2020	$277,416	$433,621	$6,941,658	$-156,205
2019	$645,225	$611,851	$7,212,402	$33,374
2018	$761,887	$958,579	$7,180,701	$-196,692

DEVELOPSPRINGFIELD CORPORATION