ALLEN ECONOMIC DEVELOPMENT GROUP (EIN 341833790) - 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

1993

Legal Domicile

Principal Officer

CYNTHIA LEIS

Phone

4192227706

Tax Period

2023-01-01 to 2023-12-31

ALLEN ECONOMIC DEVELOPMENT GROUP, founded in 1993, is a small nonprofit in the Education sector that reported $710K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $609K left a modest 14% surplus.

Mission

ECONOMIC GROWTH AND DEVELOPMENT

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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 $502,788

Program Service Revenue $207,010

Investment Income $0

Other Revenue $0

TOTAL REVENUE $709,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $360,392

Fundraising Expenses $0

Other Expenses $248,648

TOTAL EXPENSES $609,040

Year-over-Year Comparison

	2023	2022	Change
Revenue	$709,798	$529,875	+0.3%
Expenses	$609,040	$523,621	+0.2%
Net Income	$100,758	$6,254	+15.1%

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

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

$221,679

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC POHJALA	CHAIR PERSON	1.00	Officer Director	$0	$0	$0
KURT ALEXANDER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHAD KING	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
BETH SEIBERT	TRUSTEE	1.00	Director	$0	$0	$0
PHIL BUELL	TRUSTEE	1.00	Director	$0	$0	$0
DR CYNTHIA SPIERS	TRUSTEE	1.00	Director	$0	$0	$0
RUSTY RUSH	TRUSTEE	1.00	Director	$0	$0	$0
SHARETTA SMITH	TRUSTEE	1.00	Director	$0	$0	$0
TAMMY WHITLOW	TRUSTEE	1.00	Director	$0	$0	$0
TIM TURNWALD	TRUSTEE	1.00	Director	$0	$0	$0
JOHN RECKER	TRUSTEE	1.00	Director	$0	$0	$0
KEITH HORNER	TRUSTEE	1.00	Director	$0	$0	$0
HOWARD VIOLET	TRUSTEE	1.00	Director	$0	$0	$0
DAVID STRATTON	FORMER CEO	40.00	Officer	$115,356	$7,010	$122,366
CYNTHIA LEIS	CEO	40.00	Officer	$74,296	$25,017	$99,313

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
2024	No data	No data	No data	No data
2023	$709,798	$609,040	$475,040	$100,758
2022	$529,875	$523,621	$377,096	$6,254
2021	$479,774	$449,549	$364,297	$30,225
2020	$291,082	$408,039	$337,110	$-116,957
2019	$274,327	$416,335	$448,846	$-142,008
2018	$403,829	$700,842	$589,925	$-297,013

ALLEN ECONOMIC DEVELOPMENT GROUP