WYOMING COUNTY BUSINESS ASSISTANCE CORPORATION (EIN 264277183) - 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

2009

Legal Domicile

Principal Officer

JAMES PIERCE

Phone

5857863764

Tax Period

2023-01-01 to 2023-12-31

WYOMING COUNTY BUSINESS ASSISTANCE CORPORATION, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $335K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 19% operating margin.

Mission

THE CORPORATION'S MISSION IS TO MANAGE THE BUSINESS LOAN FUNDS ON BEHALF OF THE WYOMING COUNTY INDUSTRIAL DEVELOPMENT AGENCY AND TO ENGAGE IN OTHER PERMISSABLE ACTIVITIES PROMOTING 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 $236,837

Program Service Revenue $62,661

Investment Income $11,006

Other Revenue $24,037

TOTAL REVENUE $334,541

Expense Breakdown

Grants Paid $155,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $187,037

Other Expenses $115,500

TOTAL EXPENSES $270,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$334,541	$259,621	+0.3%
Expenses	$270,500	$226,599	+0.2%
Net Income	$64,041	$33,022	+0.9%

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

$130,575

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK DADD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
A DOUGLAS BERWANGER	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
THOMAS MCCORMICK	SECRETARY	1.00	Officer Director	$0	$0	$0
REBECCA RYAN	TREASURER	1.00	Officer Director	$0	$0	$0
E JOSEPH GOZELSKI	DIRECTOR	1.00	Director	$0	$0	$0
NICCOLE HASTINGS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES RUTOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
JAMES PIERCE	PRESIDENT/CEO	20.00	Officer	$0	$17,402	$130,575

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$334,541	$270,500	$3,827,308	$64,041
2022	$259,621	$226,599	$4,063,317	$33,022
2021	$158,828	$110,920	$3,856,060	$47,908
2020	$150,911	$649,084	$3,887,395	$-498,173

WYOMING COUNTY BUSINESS ASSISTANCE CORPORATION