ECONOMIC DEVELOPMENT COALITON OF SOUTHWEST INDIANA INC (EIN 320152630) - 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

2005

Legal Domicile

Principal Officer

J GREGORY WATHEN

Phone

8124232020

Tax Period

2021-01-01 to 2021-03-31

ECONOMIC DEVELOPMENT COALITON OF SOUTHWEST INDIANA INC, founded in 2005, is a small nonprofit that reported $499K in total revenue in fiscal year 2020. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $248K, a strong 50% operating margin.

Mission

ECONOMIC DEVELOPMENT OF THE FOUR SOUTHWEST INDIANA COUNTIES: GIBSON, POSEY, VANDERBURGH AND WARRICK.

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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 (2020)

Revenue Breakdown

Contributions & Grants $499,136

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $499,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $165,593

Fundraising Expenses $0

Other Expenses $86,042

TOTAL EXPENSES $251,635

Year-over-Year Comparison

	2020	2019	Change
Revenue	$499,136	$1,909,566	-0.7%
Expenses	$251,635	$918,526	-0.7%
Net Income	$247,501	$991,040	-0.8%

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

$55,383

Total Directors

$55,383

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AARON WILSON	DIRECTOR	2.00	Director	$0	$0	$0
REV ADRIAN BROOKS	DIRECTOR	2.00	Director	$0	$0	$0
ANN HYNEMAN	DIRECTOR	2.00	Director	$0	$0	$0
ARIC PRYOR	DIRECTOR	2.00	Director	$0	$0	$0
BETH MCFADIN HIGGINS	DIRECTOR	2.00	Director	$0	$0	$0
MAYOR BILL CURTIS	DIRECTOR	2.00	Director	$0	$0	$0
BILL GILLENWATER	DIRECTOR	2.00	Director	$0	$0	$0
CARL SCHMITZ	DIRECTOR	2.00	Director	$0	$0	$0
MAYOR CHARLIE WYATT	DIRECTOR	2.00	Director	$0	$0	$0
CHERYL MUSGRAVE	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS RUTLEDGE	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS WISCHER	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER PIETRUSZKIEWICZ	DIRECTOR	2.00	Director	$0	$0	$0
CLAY EWING	DIRECTOR	2.00	Director	$0	$0	$0
DAN PAROD	DIRECTOR	2.00	Director	$0	$0	$0
DAN SAYLOR	DIRECTOR	2.00	Director	$0	$0	$0
DANIELA VIDAL	DIRECTOR	2.00	Director	$0	$0	$0
DAVID RECTOR	DIRECTOR	2.00	Director	$0	$0	$0
DEREK MCGRAW	DIRECTOR	2.00	Director	$0	$0	$0
DR JAMES PORTER	DIRECTOR	2.00	Director	$0	$0	$0
EVAN BECK	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE MORGAN	DIRECTOR	2.00	Director	$0	$0	$0
GREG WATHEN	CEO & PRESIDENT	40.00	Officer Director	$50,951	$4,432	$55,383
GREG WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
HOLLY HAWKINS	DIRECTOR	2.00	Director	$0	$0	$0
HOWARD NEVINS	DIRECTOR	2.00	Director	$0	$0	$0
JSTEVEN MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
JAMES SCHIFF	DIRECTOR	2.00	Director	$0	$0	$0
JAY HARGIS	DIRECTOR	2.00	Director	$0	$0	$0
JEFF BAKER	DIRECTOR	2.00	Director	$0	$0	$0
JEFF CLARK	DIRECTOR	2.00	Director	$0	$0	$0
JEFF HOWELL	DIRECTOR	2.00	Director	$0	$0	$0
JENNA RICHARDT	DIRECTOR	2.00	Director	$0	$0	$0
JIM RYAN	TREASURER	2.00	Officer Director	$0	$0	$0
JOE KIEFER	DIRECTOR	2.00	Director	$0	$0	$0
KARI FLUEGEL	DIRECTOR	2.00	Director	$0	$0	$0
KELVIN CANADAY	DIRECTOR	2.00	Director	$0	$0	$0
KENNY REINBRECHT	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN KOCH	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN PASS	DIRECTOR	2.00	Director	$0	$0	$0
KIM SEIBERT	DIRECTOR	2.00	Director	$0	$0	$0
MAYOR LLYOD WINNECKE	DIRECTOR	2.00	Director	$0	$0	$0
MARCO DELUCIO	DIRECTOR	2.00	Director	$0	$0	$0
MARILYN BRENTON	DIRECTOR	2.00	Director	$0	$0	$0
MARK ISAAC	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW WALLACE	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE HUDSON	DIRECTOR	2.00	Director	$0	$0	$0
MIKE SCHOPMEYER	DIRECTOR	2.00	Director	$0	$0	$0
MIKE STILWELL	DIRECTOR	2.00	Director	$0	$0	$0
MISTY MCCAMMACK	DIRECTOR	2.00	Director	$0	$0	$0
PAUL PERRY	DIRECTOR	2.00	Director	$0	$0	$0
PAUL WATERS	DIRECTOR	2.00	Director	$0	$0	$0
PETE PARADOSSI	DIRECTOR	2.00	Director	$0	$0	$0
PHIL WILZBACHER	DIRECTOR	2.00	Director	$0	$0	$0
RANDY MILLER	DIRECTOR	2.00	Director	$0	$0	$0
RON DEMPSEY	DIRECTOR	2.00	Director	$0	$0	$0
RONALD ROCHON	DIRECTOR	2.00	Director	$0	$0	$0
RONDA HALE	DIRECTOR	2.00	Director	$0	$0	$0
SHELIA NAAB	DIRECTOR	2.00	Director	$0	$0	$0
TIM HOLLANDER	CHAIR	2.00	Officer Director	$0	$0	$0
STEVE GREENLEY	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVE ROELLE	DIRECTOR	2.00	Director	$0	$0	$0
TARA BARNEY	DIRECTOR	2.00	Director	$0	$0	$0
TIM MASON	DIRECTOR	2.00	Director	$0	$0	$0
TOM LYDON	DIRECTOR	2.00	Director	$0	$0	$0
TOM SLADE	DIRECTOR	2.00	Director	$0	$0	$0
KEN MONTGOMERY	DIRECTOR	2.00	Director	$0	$0	$0
ASH TITZER	DIRECTOR	2.00	Officer Director	$0	$0	$0
DR JC CAMPBELL	DIRECTOR	2.00	Director	$0	$0	$0
RON BACON	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
2021	$499,136	$251,635	No data	$247,501
2020	$1,909,566	$918,526	$1,723,462	$991,040
2019	$1,210,069	$1,108,898	$990,661	$101,171
2018	$1,402,725	$1,271,901	$806,024	$130,824

ECONOMIC DEVELOPMENT COALITON OF SOUTHWEST INDIANA INC