GUERNSEY COUNTY CDC (EIN 311443005) - 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

1995

Legal Domicile

Principal Officer

LEVI WADE

Phone

7404390020

Tax Period

2023-01-01 to 2023-12-31

GUERNSEY COUNTY CDC, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 7% surplus.

Mission

THE COMMUNITY DEVELOPMENT CORPORATION SPONSORS PROJECTS THAT MAKE THE COMMUNITY A BETTER PLACE TO LIVE

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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 (2023)

Revenue Breakdown

Contributions & Grants $334,424

Program Service Revenue $673,253

Investment Income $-936

Other Revenue $588,481

TOTAL REVENUE $1,595,222

Expense Breakdown

Grants Paid $0

Salaries & Benefits $713,190

Fundraising Expenses $0

Program Expenses $1,485,181

Other Expenses $771,991

TOTAL EXPENSES $1,485,181

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,595,222	$1,025,301	+0.6%
Expenses	$1,485,181	$1,141,203	+0.3%
Net Income	$110,041	$-115,902	-1.9%

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

N/A

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

$67,600

Total Directors

$67,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON GOMBEDA	EXECUTIVE DI	40.00	Officer Director	$67,600	$0	$67,600
RICHARD GALLAGHER	MEMBER	N/A	Director	$0	$0	$0
MONICA HOLMES	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MARY BETH HUDSON	SECRETARY	N/A	Officer Director	$0	$0	$0
JAY JACKSON	MEMBER	N/A	Director	$0	$0	$0
DONNA KING-HURD	MEMBER	N/A	Director	$0	$0	$0
BRI SCOTT	MEMBER	N/A	Director	$0	$0	$0
LEVI WADE	PRESIDENT	N/A	Officer Director	$0	$0	$0
MELISSA WEST	TREASURER	N/A	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	$1,595,222	$1,485,181	$7,400,397	$110,041
2022	$1,025,301	$1,141,203	$7,402,662	$-115,902
2021	$939,398	$1,297,469	$7,512,564	$-358,071
2020	$1,457,954	$1,007,748	$7,849,941	$450,206
2019	$539,636	$811,934	$7,414,685	$-272,298
2018	$924,048	$752,983	$7,517,739	$171,065

GUERNSEY COUNTY CDC