SBDC INC (EIN 311125960) - Form 990 Financial Analysis & Trantor Score

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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

1984

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

SBDC INC, founded in 1984, is a small nonprofit that reported $809K in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

THE MISSION IS TO ASSIST BUSINESSES BY OFFERING SPECIAL SERVICE, CONSULTATION, AND LOW RATE FINANCING TARGETING BUSINESSES IN SPRINGFIELD AND CLARK CO WITH 1-50 EMPLOYEES. WE HAVE A STATE MANDATE TO PROVIDE SERVICES TO SUPPORT JOB GROWTH AND DEVELOPMENT IN A NINE COUNTY AREA

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $764,275

Program Service Revenue $17,061

Investment Income $28,138

Other Revenue $0

TOTAL REVENUE $809,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,547

Fundraising Expenses $0

Program Expenses $754,282

Other Expenses $514,657

TOTAL EXPENSES $795,204

Year-over-Year Comparison

	2022	2021	Change
Revenue	$809,474	$634,333	+0.3%
Expenses	$795,204	$624,762	+0.3%
Net Income	$14,270	$9,571	+0.5%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$71,996

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB ALEXANDER	EXECUTIVE DIRECTOR	40.00	Director	$71,996	$0	$71,996
LISA STOUMILE	BOARD MEMBER	1.00	Director	$0	$0	$0
KENT STONE	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI HOUSEMAN	BAORD MEMBER	1.00	Director	$0	$0	$0
ROB POLLOCK	BOARD MEMEBER	1.00	Director	$0	$0	$0
TRACY YATES	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHAN STUCKEY	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM FRANZEN	EX OFFICIO BOARD MEMBER	1.00	Director	$0	$0	$0
BARRY COUTS	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY DONOHOE	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTIN DAVIS	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELLE SWEENEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOE COLLINSWORTH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN NOTT	TREASURER	1.00	Officer 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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$809,474	$795,204	$2,374,262	$14,270
2022	$634,333	$624,762	$2,134,707	$9,571
2022	$634,333	$624,762	$2,134,707	$9,571
2021	$354,395	$338,572	$1,497,268	$15,823
2020	$272,212	$266,610	$1,203,045	$5,602
2019	$874,682	$400,662	$1,448,929	$474,020
2018	$296,046	$446,996	$972,904	$-150,950

SBDC INC