Edgewater Development Corporation (EIN 363738216) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

Kelly Stoltz

Phone

7735616000

Tax Period

2023-01-01 to 2023-12-31

Edgewater Development Corporation, founded in 1990, is a micro nonprofit in the Community Improvement sector that reported $42K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. Net assets of $500K represent 142 months of operating reserves.

Mission

Support and attract entrepreneurs and small businesses through a series of programs including orientations, workshops, training programs and networking that provide pathways to success through empowerment, insight and solutions.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,761

Program Service Revenue $0

Investment Income $48

Other Revenue $0

TOTAL REVENUE $24,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,460

Fundraising Expenses $0

Program Expenses $16,368

Other Expenses $4,984

TOTAL EXPENSES $25,444

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,809	$42,962	-0.4%
Expenses	$25,444	$45,418	-0.4%
Net Income	$-635	$-2,456	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

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
Kelly Stoltz	Board Chair	1.00	Officer Director	$0	$0	$0
Dave Frederickson	Vice Chair	1.00	Officer Director	$0	$0	$0
Cecilia Rodriquez	Treasurer	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
2024	No data	No data	No data	No data
2023	$24,809	$25,444	$495,448	$-635
2022	$42,962	$45,418	$501,982	$-2,456
2021	$56,065	$57,698	$500,224	$-1,633
2020	$42,304	$46,271	$520,306	$-3,967

Edgewater Development Corporation