OTSEGO COUNTY ECONOMIC ALLIANCE INC (EIN 383617810) - 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

Principal Officer

TIM RYGWELSKI

Phone

9897310288

Tax Period

2025-01-01 to 2025-12-31

OTSEGO COUNTY ECONOMIC ALLIANCE INC is a small nonprofit in the Environment sector that reported $735K in total revenue in fiscal year 2025. Revenue surged 121% from the prior year, signaling strong growth momentum. Expenses of $696K left a modest 5% surplus.

Mission

TO CHAMPION ECONOMIC GROWTH WHILE ENHANCING THE QUALITY OF LIFE IN OTSEGO COUNTY THROUGH PUBLIC/PRIVATE PARTNERSHIPS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $658,462

Program Service Revenue $48,128

Investment Income $9,492

Other Revenue $18,879

TOTAL REVENUE $734,961

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,826

Fundraising Expenses $7,391

Program Expenses $642,499

Other Expenses $479,147

TOTAL EXPENSES $695,973

Year-over-Year Comparison

	2025	2024	Change
Revenue	$734,961	$332,592	+1.2%
Expenses	$695,973	$398,628	+0.7%
Net Income	$38,988	$-66,036	-1.6%

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

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
LISA MCCOMB	EXECUTIVE DI	40.00		$70,889	$0	$70,889
KIM AWREY	SECRETARY	4.00	Officer Director	$0	$0	$0
TANNER CATT	DIRECTOR	1.00	Director	$0	$0	$0
NICK FLORIAN	CHAIRPERSON	4.00	Officer Director	$0	$0	$0
KEITH GORNICK	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HACKBARTH	DIRECTOR	1.00	Director	$0	$0	$0
PHIL HOFWEBER	DIRECTOR	4.00	Officer Director	$0	$0	$0
ROBERT HUTA	TREASURER	4.00	Officer Director	$0	$0	$0
KEVIN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JOSH KENT	DIRECTOR	1.00	Officer Director	$0	$0	$0
ADAM KORSON	DIRECTOR	2.00	Director	$0	$0	$0
GARY KOSCH	DIRECTOR	1.00	Director	$0	$0	$0
REGAN QUAAL	DIRECTOR	1.00	Director	$0	$0	$0
LORI REICHARD	DIRECTOR	1.00	Director	$0	$0	$0
TIM RYGWELSKI	EXECUTIVE DI	40.00	Director	$0	$0	$0
MARY SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
TAYLAR SIDES	DIRECTOR	2.00	Director	$0	$0	$0
CARLIN SMITH	VICE CHAIRPE	1.00	Officer Director	$0	$0	$0
GARY VOLLMAR	DIRECTOR	1.00	Director	$0	$0	$0
DONA WISHART	DIRECTOR	1.00	Director	$0	$0	$0
RYAN WOJAN	DIRECTOR	1.00	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
2025	$734,961	$695,973	$58,504	$38,988
2024	No data	No data	No data	No data
2023	$243,519	$308,342	$38,315	$-64,823
2022	$190,422	$254,999	$100,694	$-64,577
2021	$2,171,893	$2,122,498	$173,571	$49,395
2020	$3,941,751	$3,891,808	$102,597	$49,943
2019	$191,743	$199,466	$40,957	$-7,723
2018	$144,218	$168,102	$37,070	$-23,884

OTSEGO COUNTY ECONOMIC ALLIANCE INC