CHALMERS CENTER FOR ECONOMIC DEVEL… - Form 990 Financial Data

🔒

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

2010

Legal Domicile

Principal Officer

COY BUCKLEY

Phone

7069564119

Tax Period

2024-07-01 to 2025-06-30

CHALMERS CENTER FOR ECONOMIC DEVELOPMENT, founded in 2010, is a community nonprofit in the International Affairs sector that reported $4.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $647K, a strong 16% operating margin.

Mission

THE CHALMERS CENTER EQUIPS THE CHURCH TO ADDRESS THE BROKEN RELATIONSHIPS AT THE ROOT OF MATERIAL POVERTY, LIVING OUT JESUS' KINGDOM TODAY. WE SEEK TO COMMUNICATE GOD'S REDEEMING STORY AND HOW IT RELATES TO POVERTY ALLEVIATION, ENABLING PEOPLE WHO ARE MATERIALLY POOR TO ENJOY RECONCILED RELATIONSHIPS WITH GOD, SELF, OTHERS, AND THE REST OF CREATION.

Program Service Accomplishments

Program 1

Expenses: $1,391,381 Revenue: $99,234

FOUNDATIONAL PRINCIPLES AND INNOVATION - THROUGH BOOKS, ONLINE COURSES, SPEAKING ENGAGEMENTS, AND THE AMBASSADORS PROGRAM, THE CHALMERS FRAMEWORK EQUIPS CHURCHES, CHRISTIAN NONPROFITS, AND INDIVIDUAL CHRISTIANS TO UNDERSTAND AND ADDRESS THE ROOT CAUSES OF MATERIAL POVERTY. THROUGH INNOVATION, CHRISTIAN LEADERS ARE EQUIPPED TO DEVELOP POVERTY ALLEVIATION MINISTRY THAT FOSTER REAL CHANGE.

Program 2

Expenses: $451,308 Revenue: $152,911

FAITH AND FINANCES AND WORK LIFE: DEVELOPING CURRICULUM IN FINANCIAL EDUCATION, INDIVIDUAL DEVELOPMENT ACCOUNTS, AND JOB PREPAREDNESS FOR LOCAL CHURCHES AND CHRISTIAN NOPROFITS, EQUIPPING THEM TO...

FAITH AND FINANCES AND WORK LIFE: DEVELOPING CURRICULUM IN FINANCIAL EDUCATION, INDIVIDUAL DEVELOPMENT ACCOUNTS, AND JOB PREPAREDNESS FOR LOCAL CHURCHES AND CHRISTIAN NOPROFITS, EQUIPPING THEM TO IMPACT LOW-INCOME POPULATIONS. INCLUDING THE DEVELOPMENT AND DEPLOYMENT OF ONLINE CURRICULUM FOR THESE COURSES.

Program 3

Expenses: $437,281 Revenue: $20,865

WEST AFRICA PROGRAM AND INTERNATIONAL PROGRAM: TRAINING LOCAL LEADERS IN ECONOMIC DEVELOPMENT STRATEGIES IN WEST AFRICAN COUNTRIES AND BEYOND, SPECIFICALLY SAVINGS-LED MICROFINANCE GROUPS IN LOCAL...

WEST AFRICA PROGRAM AND INTERNATIONAL PROGRAM: TRAINING LOCAL LEADERS IN ECONOMIC DEVELOPMENT STRATEGIES IN WEST AFRICAN COUNTRIES AND BEYOND, SPECIFICALLY SAVINGS-LED MICROFINANCE GROUPS IN LOCAL CHURCHES; DEVELOPING OF MATERIALS FOR USE BY HIGH IMPACT PARTNERS AND DENOMINATIONAL LEADERS.

🔒

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 $3,790,470

Program Service Revenue $273,010

Investment Income $0

Other Revenue $33,531

TOTAL REVENUE $4,097,011

Expense Breakdown

Grants Paid $193,242

Salaries & Benefits $1,951,842

Fundraising Expenses $630,845

Program Expenses $2,279,970

Other Expenses $1,304,571

TOTAL EXPENSES $3,449,655

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,097,011	$3,773,966	+0.1%
Expenses	$3,449,655	$3,264,508	+0.1%
Net Income	$647,356	$509,458	+0.3%

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

$342,601

Total Directors

$146,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COY BUCKLEY	PRESIDENT, CEO, DIRECTOR	40.00	Officer Director	$109,700	$13,024	$122,724
BRIAN FIKKERT	FOUNDER, AMBASSADOR, DIRECTOR	20.00	Officer Director	$23,885	$0	$23,885
CRAIG STEPHENSON	SECRETARY, TREASURER, DIRECTOR	1.00	Officer Director	$0	$0	$0
JEFF GALLEY	DIRECTOR, BOARD CHAIR	1.00	Officer Director	$0	$0	$0
COLLIN MESSER	DIRECTOR	1.00	Director	$0	$0	$0
BRAD VOYLES	DIRECTOR	1.00	Director	$0	$0	$0
JANE PLEACE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT TURNER	DIRECTOR	1.00	Director	$0	$0	$0
MARC ANTOINE	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BRIGGS	CHIEF DEVELOPMENT OFFICER	40.00	Officer	$160,803	$35,189	$195,992
ROB PORTER	VP OF GENEROSITY	40.00	Highest	$119,301	$34,173	$153,474

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	$4,097,011	$3,449,655	$1,811,987	$647,356
2024	$3,773,966	$3,264,508	$929,666	$509,458
2023	$2,658,963	$3,101,276	$287,349	$-442,313
2022	$2,540,039	$2,943,575	$698,141	$-403,536
2021	$2,299,914	$2,708,859	$1,151,964	$-408,945
2020	$2,448,957	$2,719,708	$1,603,127	$-270,751
2019	$2,919,539	$2,299,971	$1,849,997	$619,568
2018	$2,389,049	$1,967,781	$1,121,906	$421,268

CHALMERS CENTER FOR ECONOMIC DEVELOPMENT