Versailles, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ripley County Economic Development Corporation, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $138K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $437K represent 38 months of operating reserves.
The RCEDC mission is 1 to seek and provide economic development activities that promote new business development, thus offering diverse employment opportunities for citizens of the county, and 2 to facilicate business expansion and retention programs that will enhance the growth and succes of existing businesses.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $138,295 | $102,317 | +0.4% |
| Expenses | $134,734 | $122,554 | +0.1% |
| Net Income | $3,561 | $-20,237 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| Gary Norman | Executive Director | 040.00 |
Key Emp
Highest
|
$75,000 | $0 | $75,000 |
| Deborah Tomkins | Treasurer | 020.00 |
Officer
Director
|
$23,400 | $0 | $23,400 |
| Jeff Volz | President | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sue Meisberger | V President | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wayne Jenner | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Barry Lauber | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Rodney Stratton | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Paul Hildebrand | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Brenda Wetzler | Baord Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Lynn Fledderman | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Jerry Vollmer | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $138,295 | $134,734 | $436,822 | $3,561 |
| 2023 | $102,317 | $122,554 | $433,220 | $-20,237 |
| 2022 | $34,828 | $111,684 | $453,133 | $-76,856 |
| 2021 | $76,862 | $119,796 | $529,947 | $-42,934 |
| 2020 | $129,823 | $125,881 | $572,844 | $3,942 |
Compare Ripley County Economic Development Corporation with other nonprofits in Indiana and across the country.