SHELBY COUNTY DEVELOPMENT CORP (EIN 311226554) - Form 990 Financial Analysis & Trantor Score

🔒

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

1987

Legal Domicile

Principal Officer

BRIAN ASHER

Phone

3173988903

Tax Period

2025-01-01 to 2025-12-31

SHELBY COUNTY DEVELOPMENT CORP, founded in 1987, is a small nonprofit that reported $423K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $375K left a modest 11% surplus.

Mission

DEVELOPMENT OF BUSINESS COMMUNITY IN SHELBY COUNTY.

🔒

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 $391,462

Program Service Revenue $0

Investment Income $31,629

Other Revenue $0

TOTAL REVENUE $423,091

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,355

Fundraising Expenses $0

Program Expenses $250,189

Other Expenses $110,370

TOTAL EXPENSES $374,725

Year-over-Year Comparison

	2025	2024	Change
Revenue	$423,091	$350,788	+0.2%
Expenses	$374,725	$373,320	+0.0%
Net Income	$48,366	$-22,532	-3.1%

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

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

$141,060

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ASHER	EXEC DIRECTO	40.00	Director	$141,060	$0	$141,060
TRAVIS EDINGTON	TREASURER	N/A	Officer	$0	$0	$0
ANDREW FANSLER	SECRETARY	N/A	Officer	$0	$0	$0
MATT HAEHL	PRESIDENT	N/A	Officer	$0	$0	$0
DAVID TOLL	VICE PRESIDE	N/A	Officer	$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	$423,091	$374,725	$109,765	$48,366
2024	$350,788	$373,320	$53,096	$-22,532
2023	$299,962	$332,457	$79,533	$-32,495
2022	$306,347	$333,247	$113,168	$-26,900
2021	$314,189	$354,290	$95,134	$-40,101
2020	$275,286	$302,511	$137,235	$-27,225
2019	$310,703	$292,456	$158,054	$18,247
2018	$294,062	$294,881	$146,667	$-819

SHELBY COUNTY DEVELOPMENT CORP