CENTRAL ARIZONA REGIONAL ECONOMIC … - 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

2018

Legal Domicile

Tax Period

2025-01-01 to 2025-12-31

CENTRAL ARIZONA REGIONAL ECONOMIC DEVELOPMENT, founded in 2018, is a small nonprofit in the Human Services sector that reported $265K in total revenue in fiscal year 2025. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $306K exceeded revenue, resulting in a 16% operating deficit.

Mission

SUPPORT EMPLOYER TRAINING AND RETENTION

Program Service Accomplishments

Program 1

Expenses: $268,803

ACHIEVE PROGRAM IS WORKING TO IMPROVE EDUCATIONAL ATTAINMENT AND DEVELOP A QUALIFIED WORKFORCE FOR INCOMING INDUSTRIES

🔒

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 $264,411

Program Service Revenue $0

Investment Income $346

Other Revenue $0

TOTAL REVENUE $264,757

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,169

Fundraising Expenses $0

Program Expenses $268,803

Other Expenses $92,817

TOTAL EXPENSES $305,986

Year-over-Year Comparison

	2025	2024	Change
Revenue	$264,757	$633,420	-0.6%
Expenses	$305,986	$648,871	-0.5%
Net Income	$-41,229	$-15,451	+1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONOVAN KRAMER	PRESIDENT	2.00	Officer Director	$0	$0	$0
CRAIG MCFARLAND	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
RONA CURPHY	PAST PRESIDENT	2.00	Director	$0	$0	$0
LARRY RAINS	DIRECTOR	2.00	Director	$0	$0	$0
DENIS FITZBIBBONS	SECRETARY	2.00	Officer Director	$0	$0	$0
DANIEL SNYDER	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN MILLER	DIRECTOR	2.00	Director	$0	$0	$0
LEO LEW	DIRECTOR	2.00	Director	$0	$0	$0
KELLY PATTON	DIRECTOR	2.00	Director	$0	$0	$0
K HOPE WALLACE	DIRECTOR EMERITUS	2.00	Director	$0	$0	$0
FRED SCHNEIDER	DIRECTOR	2.00	Director	$0	$0	$0
EVELYN CASUGA	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA COVEY	DIRECTOR	2.00	Director	$0	$0	$0
ADAM LECKIE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID MALEWITZ	DIRECTOR	2.00	Director	$0	$0	$0
SOPHIE DESSART	DIRECTOR	2.00	Director	$0	$0	$0
JACKIE ELLIOTT	DIRECTOR	2.00	Director	$0	$0	$0
STACY GRAMAZIO	DIRECTOR	2.00	Director	$0	$0	$0
DONNA DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SCHERPF	DIRECTOR	2.00	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	$264,757	$305,986	$49,352	$-41,229
2024	$633,420	$648,871	$88,662	$-15,451
2023	$290,401	$309,392	$103,682	$-18,991

CENTRAL ARIZONA REGIONAL ECONOMIC DEVELOPMENT