EAST COUNTY ECONOMIC DEVELOPMENT COUNCIL (EIN 330047997) - 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

1984

Legal Domicile

Principal Officer

JAMES SLY

Phone

6192583670

Tax Period

2023-07-01 to 2024-06-30

EAST COUNTY ECONOMIC DEVELOPMENT COUNCIL, founded in 1984, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring.

Mission

THIS ORGANIZATION EXISTS FOR THE PURPOSE OF SUPPORTING, HELPING AND PROMOTING THE BUSINESS COMMUNITY OF EAST SAN DIEGO COUNTY. IT'S PROGRAMS AND PROJECTS ALL SERVE TO RETAIN AND ENHANCE PRIMARY EMPLOYMENT IN THE EAST COUNTY; PROMOTE BUSINESS EXPANSION AND RETENTION; STIMULATE INVESTMENT IN THE REGION; FACILITATE OPEN DIALOGUE AMONG THE AREA'S BUSINESS, GOVERNMENT, AND EDUCATION LEADERS; AND FOSTER GREATER REGIONAL COOPERATION AND PLANNING TO BENEFIT THE ENTIRE EAST COUNTY. IT'S MEMBERSHIP IS COMPSED OF REPRESENTATIVES FROM THE BUSINESS AND GOVERNMENTAL AGENCIES OF THIS AREA. ALL FUNDS RECEIVED ARE DIRECTED TOWARD THE ACCOMPLISHMENT OF THE ABOVE ACTIVITY. THE NUMBER OF ORGANIZATIONS DIRECTLY BENEFITED WAS APPROXIMATELY 125. THE NUMBER OF ORGANIZATIONS INDIRECTLY BENEFITED IS UNKNOWN, BECAUSE SUCH BENEFITS FAN OUT IN A PYRAMID FASHION IN A WAY THAT GOES BEYOND THE RECORD KEEPING OF THIS ORGANIZATION. "PRIMARY INDUSTRY NEWS" IS A MONTHLY UPDATE FOR EAST COUNTY'S PRIMARY INDUSTRY COMPANIES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,146,490

Program Service Revenue $391,526

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,538,016

Expense Breakdown

Grants Paid $801,000

Salaries & Benefits $562,877

Fundraising Expenses $0

Other Expenses $197,636

TOTAL EXPENSES $1,561,513

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,538,016	$8,422,937	-0.8%
Expenses	$1,561,513	$8,355,504	-0.8%
Net Income	$-23,497	$67,433	-1.3%

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

$146,899

Total Directors

$146,899

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES SLY	PRESIDENT/CE	40.00	Officer Director	$146,899	$0	$146,899
JOE BRITTON	DIRECTOR	1.00	Director	$0	$0	$0
DENISE CUELLAR	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN DARE	DIRECTOR	1.00	Director	$0	$0	$0
BARRY JANTZ	FIRST VICE-C	1.00	Officer Director	$0	$0	$0
KATHY KASSEL	DIRECTOR	1.00	Director	$0	$0	$0
LAURA LOTHIAN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MCGARRY	DIRECTOR	1.00	Director	$0	$0	$0
DR LYNN NEAULT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN OLSEN	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHY OLSEN	TREASURER	1.00	Officer Director	$0	$0	$0
PHIL ORTIZ	DIRECTOR	1.00	Director	$0	$0	$0
SHERI PAINTER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PENNOYER	IMMEDIATE PA	1.00	Officer Director	$0	$0	$0
JO ANN PETERSON	SECOND VICE-	1.00	Officer Director	$0	$0	$0
BILL POMMERING	DIRECTOR	1.00	Director	$0	$0	$0
DANA QUITTNER	DIRECTOR	1.00	Director	$0	$0	$0
SARA RAMOS	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN SHULL	CHAIR	1.00	Officer Director	$0	$0	$0
ALYSSON SNOW	DIRECTOR	1.00	Director	$0	$0	$0
DEANA VERBEKE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN WALLIS	DIRECTOR	1.00	Director	$0	$0	$0
RICK WILSON	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN YOUNG	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$1,538,016	$1,561,513	$530,607	$-23,497
2023	$8,422,937	$8,355,504	$599,984	$67,433
2022	$772,050	$772,435	$560,185	$-385
2021	$796,490	$717,262	$487,623	$79,228
2020	$710,904	$727,413	$406,334	$-16,509
2019	$806,240	$823,376	$267,757	$-17,136
2018	$789,276	$759,388	$271,811	$29,888

EAST COUNTY ECONOMIC DEVELOPMENT COUNCIL