Leavenworth, KS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRANKFORT DEVELOPMENT TRUST INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $135K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. Net assets of $607K represent 54 months of operating reserves.
Restoration/Revitalization of the Old Frankfort Grade School, an historic structure, that is on the national register of historic places. The building is a four-story structure that has existed for approximately 122 years. The school served the community until 1998, when it was sold to a private party. After about fifteen years of private ownership the building had been abandoned, fallen into disrepair, and was left open to the elements after suffering significant vandalism. The structure was in danger of demotion. The Frankfort Development Trust was formed to as a vehicle to restore and revitalize the building to serve a rural community. The goal is to provide a mix of housing, community space, learning environment, daycare, and historic commemoration in a multi-generational hub atmosphere.
Renovation/restoration of the Old Frankfort Grade School. On-going work will provide for a structure that can be utilized by the Frankfort community and surrounding area. This will allow for the...
Renovation/restoration of the Old Frankfort Grade School. On-going work will provide for a structure that can be utilized by the Frankfort community and surrounding area. This will allow for the revitalization of the structure and promote commerce in the area. Service area is a population of 800-1,000 people. The project is a multi-phased undertaking that is supported by the ongoing activities of the trust. The cost estimate for the project is in the range of $3-4 million. The expenditures in this section reflect the direct costs of restoration of the building, specifically architect fees and services provided by building contractors. During the reporting period work on the second phase of a four-phase window restoration occurred. Previous projects have included replacement of roof structures, restoration of side porticos, asbestos removal, and guttering. The initial goal is to seal the envelope of the structure so interior work can occur. The work has been supported by contributions, fundraising, grants, loans, and state tax credits.
The securing of grants helps to preserve a historic property and contributes to preservation of a rural community in Kansas. While supporting the goal of restoring the school, grants further the...
The securing of grants helps to preserve a historic property and contributes to preservation of a rural community in Kansas. While supporting the goal of restoring the school, grants further the social and economic vitality of both the community and surrounding area. They support the vision of affordable housing, population growth, family retention, economic diversity, and community pride and engagement. In the reporting period government grant was paid. The larger grant is reflected as a revenue in the reporting period.
Fundraising activities through events such as meals and golf tournaments. This provides funds for the restoration revitalization of the historic building. The community served/benefitted is both the...
Fundraising activities through events such as meals and golf tournaments. This provides funds for the restoration revitalization of the historic building. The community served/benefitted is both the Frankfort community and surrounding Marshall County, Kansas area of 800-1,000 people. In the reporting year, fundraising activity was provided by a volunteer board and community volunteers that numbered 17 people. There were twelve events including a golf tournament, breakfasts, soup days, and peach sales. Event attendance was in the range of 100-120 persons. For reporting purposes the expenses attributable to fundraising are not reported as program services.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $134,981 | $146,171 | -0.1% |
| Expenses | $135,211 | $147,495 | -0.1% |
| Net Income | $-230 | $-1,324 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Linda Fincham | President | 3.76 |
Officer
Director
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$0 | $0 | $0 |
| Roxanne Tilley | Secretary | 7.27 |
Officer
Director
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$0 | $0 | $0 |
| David Ferris | Treasurer | 4.12 |
Officer
Director
|
$0 | $0 | $0 |
| Nan Lisher | Member | 2.26 |
Director
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$0 | $0 | $0 |
| Pam Suther | Member | 2.16 |
Director
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$0 | $0 | $0 |
| Bill Gallagher | Member | 2.64 |
Director
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$0 | $0 | $0 |
| Nancy Gallagher | Member | 2.21 |
Director
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$0 | $0 | $0 |
| Carol McKinney | Member | 1.87 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $134,981 | $135,211 | $607,024 | $-230 |
| 2024 | No data | No data | No data | No data |
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