HARTFORD CITY, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BLACKFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1987, is a small nonprofit that reported $195K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $251K exceeded revenue, resulting in a 29% operating deficit.
Promote economic development in Blackford County Indiana. In 2023 BCEDC continued to market two county industrial parks and assisted local businesses in grant applications and economic recovery efforts specifically regarding regional economic development grants.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $195,092 | $207,413 | -0.1% |
| Expenses | $251,490 | $155,537 | +0.6% |
| Net Income | $-56,398 | $51,876 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Warren C Brown Jr | Executive Director | 40.00 |
Officer
Director
Key Emp
Highest
|
$76,266 | $0 | $76,266 |
| Daniel Borgenheimer | Board President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dan Eckstein | Board Vice-President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Melanie Parker | Board Secretary Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ryan Goodspeed | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Lancaster | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Cole Lenz | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jimmy Lytle | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brad Neff | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Max Richardson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jessica Tabor | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jim Weiseman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chad Yencer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $195,092 | $251,490 | $566,223 | $-56,398 |
| 2022 | $207,413 | $155,537 | $622,321 | $51,876 |
| 2021 | $421,930 | $398,301 | $570,159 | $23,629 |
| 2020 | $414,819 | $415,337 | $546,974 | $-518 |
Compare BLACKFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in Indiana and across the country.