FORT WAYNE, IN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 1210% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 95% operating margin.
TO ADVANCE CURRENT AND FUTURE REVITALIZATION WITHIN THE ALLEN COUNTY-FORT WAYNE AREA, BY FACILITATING REAL ESTATE ACQUISITION, REDEVELOPMENT, REHABILITATION, AND/OR CONSTRUCTION IN PROJECTS OF STRATEGIC SIGNIFICANCE THAT PROMOTE NEW ECONOMIC DEVELOPMENT OR REDEVELOPMENT.
IN 2024, THE ALLEN-COUNTY-FORT WAYNE DEVELOPMENT TRUST (TRUST) BEGAN NEGOTIATIONS WITH THE PRIMARY DEVELOPMENT GROUP, THE MODEL GROUP, CINCINNATI OHIO, FOR PHASE III OF THE LANDING, COMMONLY KNOWN AS...
IN 2024, THE ALLEN-COUNTY-FORT WAYNE DEVELOPMENT TRUST (TRUST) BEGAN NEGOTIATIONS WITH THE PRIMARY DEVELOPMENT GROUP, THE MODEL GROUP, CINCINNATI OHIO, FOR PHASE III OF THE LANDING, COMMONLY KNOWN AS THE LANDING EXCHANGE. THE TRUST CONTINUED LAND BANKING REAL ESTATE AT THE FORMER LINK'S WONDERLAND SITE FIELDING MULTIPLE OFFERS FOR REDEVELOPMENT OF THAT PROPERTY. THE TRUST REVIEWED PHASE II OF ELECTRIC WORKS AS THE DEVELOPER SHARED THE AFFORDABLE HOUSING COMPONENT. THE TRUST CONTINUED ITS INVOLVEMENT WITH THE ONGOING CONSTRUCTION OF THE ELEX WHICH INCLUDES 297 RESIDENTIAL HOUSING UNITS, 55 RESERVED FOR SENIORS, AND A PARKING GARAGE.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,936,978 | $376,806 | +12.1% |
| Expenses | $265,968 | $106,085 | +1.5% |
| Net Income | $4,671,010 | $270,721 | +16.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kylee Shirey | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Erler | Vice President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Robert S Walters | President | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Heiny | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Damian Gosheff | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Ellen Cutter | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Heather Presley-Cowan | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Karl Bandemer | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Mike Cahill | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Richard Beck | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Tim Smith | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Susan Wesner | Treasurer | 3.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,936,978 | $265,968 | $118,503,391 | $4,671,010 |
| 2023 | $376,806 | $106,085 | $113,932,337 | $270,721 |
| 2022 | $25,744,288 | $102,755 | $113,715,549 | $25,641,533 |
| 2021 | $21,500,963 | $661,987 | $88,140,308 | $20,838,976 |
| 2020 | $65,124,437 | $185,131 | $68,556,632 | $64,939,306 |
Compare ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC with other nonprofits in Indiana and across the country.