EMERGING MARKETS DEVELOPMENT CORPORATION

EIN: 270574694 501(c)(3) Community Improvement

Palm Desert, CA

Total Revenue
$235,000
Total Expenses
$703,671
Total Assets
$397,873
Net Assets
$397,873
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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
CA
Principal Officer
ELWOOD HOPKINS
Phone
3234650406
Tax Period
2025-01-01 to 2025-12-31

EMERGING MARKETS DEVELOPMENT CORPORATION, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $235K in total revenue in fiscal year 2025. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $704K exceeded revenue, resulting in a 199% operating deficit.

Mission

Research and publish data on under-invested communities as opportunities for place-based initiatives. Facilitate private sector investment in underserved communities. Assists community organizations to partner with each other and the private sector for community development activities. Advance notions of place-based community economic development.

Program Service Accomplishments

Program 1
Expenses: $688,726 Revenue: $235,000

Facilitating working relationships between nonprofit agencies and private sector businesses. Conducting research on specific neighborhoods and advocating for increased financial infrastructure in...

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Facilitating working relationships between nonprofit agencies and private sector businesses. Conducting research on specific neighborhoods and advocating for increased financial infrastructure in underserved communities. Drafting and publishing narratives about how the private sector can improve the economic tradjectory of low-income communities.

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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 $235,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $235,000

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $688,726
Other Expenses $653,671
TOTAL EXPENSES $703,671

Year-over-Year Comparison

2025 2024 Change
Revenue $235,000 $731,000 -0.7%
Expenses $703,671 $637,602 +0.1%
Net Income $-468,671 $93,398 -6.0%
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
5
Independent Members
4
Employees
N/A
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
1
$229,631
Total Directors
6
$229,631
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELWOOD HOPKINS CEO 003.00
Officer Director
$0 $0 $229,631
THOMAS TSENG DIRECTOR N/A
Director
$0 $0 $0
DANIEL TELLALIAN FORMER 002.31
Director
$0 $0 $0
JAN MCELWEE DIRECTOR 001.00
Director
$0 $0 $0
RAUL P LOMELI-AZOUBEL DIRECTOR 001.00
Director
$0 $0 $0
TROOPER SANDERS DIRECTOR N/A
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 $235,000 $703,671 $397,873 $-468,671
2024 $731,000 $637,602 $866,544 $93,398
2023 $1,165,000 $419,753 $773,146 $745,247
2022 No data $229,326 $27,899 No data
2021 $100,000 $112,055 $257,225 $-12,055
2020 $100,000 $88,974 $269,280 $11,026
2019 $275,000 $219,696 $258,254 $55,304
2018 No data $177,771 $202,950 No data
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