WINTHROP OPPORTUNITIES A LOCAL DEV… - Form 990 Financial Data

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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

Formation Year

1983

Legal Domicile

Principal Officer

DAVE TREBELHORN

Phone

5076475518

Tax Period

2022-01-01 to 2022-12-31

WINTHROP OPPORTUNITIES A LOCAL DEVELOPMENT CORPORATION, founded in 1983, is a micro nonprofit that reported $11K in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 957% operating deficit.

Mission

FOR THE CIVIC IMPROVEMENT AND DEVELOPMENT OF THE CITY OF WINTHROP AND SURROUNDING AREA AND FOR BENEVOLENT PURPOSES.

Program Service Accomplishments

Program 1

Expenses: $114,126 Revenue: $10,244

PROMOTION OF COMMERCE AND ECONOMIC DEVELOPMENT THROUGH LOANS AND DONATIONS TO BUSINESSES. BY PROMOTING ECONOMIC DEVELOPMENT ALL LOCAL CITIZENS BENEFIT DUE TO INCREASED ACCESSIBILTY OF GOODS AND...

PROMOTION OF COMMERCE AND ECONOMIC DEVELOPMENT THROUGH LOANS AND DONATIONS TO BUSINESSES. BY PROMOTING ECONOMIC DEVELOPMENT ALL LOCAL CITIZENS BENEFIT DUE TO INCREASED ACCESSIBILTY OF GOODS AND SERVICES AND THROUGH EMPLOYMENT OPPORTUNITIES. THERE WERE 30 COMPANY & INDIVIDUAL MEMBERS IN 2022.

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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 (2022)

Revenue Breakdown

Contributions & Grants $250

Program Service Revenue $2,200

Investment Income $3,403

Other Revenue $5,076

TOTAL REVENUE $10,929

Expense Breakdown

Grants Paid $113,491

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,126

Other Expenses $2,058

TOTAL EXPENSES $115,549

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,929	$15,216	-0.3%
Expenses	$115,549	$2,417	+46.8%
Net Income	$-104,620	$12,799	-9.2%

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

N/A

Volunteers

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
DAVE TREBELHORN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ARLYS LINDSTRAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ELLEN ANDERSON	SECRETARY- TREASURER	1.00	Officer Director	$0	$0	$0
RUSS PETERS	DIRECTOR	1.00	Director	$0	$0	$0
DOUG HANSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVE KIEL	DIRECTOR	1.00	Director	$0	$0	$0
TOM LANGHOFF	DIRECTOR	1.00	Director	$0	$0	$0
DALE JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
WES ANDERSON	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
2022	$10,929	$115,549	$397,755	$-104,620
2021	$15,216	$2,417	$502,375	$12,799
2020	$17,158	$2,691	$489,576	$14,467
2019	$18,044	$2,633	$475,109	$15,411
2018	$15,728	$3,946	$459,698	$11,782

WINTHROP OPPORTUNITIES A LOCAL DEVELOPMENT CORPORATION