Lima Growth Association (EIN 341787834) - 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

1994

Legal Domicile

Phone

8003627557

Tax Period

2020-01-01 to 2020-12-31

Lima Growth Association, founded in 1994, is a small nonprofit that reported $142K in total revenue in fiscal year 2020. Revenue surged 1142% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 85% operating margin.

Mission

To improve the local economy and employment opportunities by assisting business to move into the 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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,255

Investment Income $135,869

Other Revenue $0

TOTAL REVENUE $142,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,650

Other Expenses $21,955

TOTAL EXPENSES $21,955

Year-over-Year Comparison

	2020	2019	Change
Revenue	$142,124	$11,442	+11.4%
Expenses	$21,955	$25,035	-0.1%
Net Income	$120,169	$-13,593	-9.8%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
R Barry Hardy	President	1.00	Officer Director	$0	$0	$0
Claude Cliborne	Vice President	1.00	Officer Director	$0	$0	$0
Peggy Ehora	Treasurer	1.00	Officer Director	$0	$0	$0
Mike Joyce	Vice President	1.00	Officer Director	$0	$0	$0
Randy Payne	Vice President	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
2020	$142,124	$21,955	$329,647	$120,169

Lima Growth Association