PRAIRIELAND ECONOMIC DEVELOPMENT CORPORA (EIN 411493486) - 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

1983

Legal Domicile

Principal Officer

THOMAS SAEHR

Phone

5078366656

Tax Period

2021-10-01 to 2022-09-30

PRAIRIELAND ECONOMIC DEVELOPMENT CORPORA, founded in 1983, is a small nonprofit that reported $493K in total revenue in fiscal year 2021. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $456K left a modest 7% surplus.

Mission

THE CORPORATION SEEKS TO ASSIST BUSINESSES WITH THE FOLLOWING: ECONOMIC DEVELOPMENT BY ASSISTING IN THE GROWTH AND EXPANSION OF SMALL BUSINESS AND INDUSTRY, PROMOTING THE IMPROVEMENT OF COMMUNITY SERVICES, EXPAND BUSINESS OWNERSHIP OPPORTUNITIES, PROMOTE THE DEVELOPMENT OF GENERAL AND COMMUNITY WELFARE, AND INCREASE THE LOCAL TAX BASE.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $490,834

Investment Income $2,407

Other Revenue $0

TOTAL REVENUE $493,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $237,819

Fundraising Expenses $0

Program Expenses $321,826

Other Expenses $218,579

TOTAL EXPENSES $456,398

Year-over-Year Comparison

	2021	2020	Change
Revenue	$493,241	$789,064	-0.4%
Expenses	$456,398	$551,142	-0.2%
Net Income	$36,843	$237,922	-0.8%

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

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

$32,982

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENAE SHIELDS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
SHERRI SCHUELLER	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
JILL MOCKLER	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW DOROTHY	DIRECTOR	1.00	Director	$0	$0	$0
CLAIRE GERBER	DIRECTOR	1.00	Director	$0	$0	$0
PETE NEIGEBAUER	CHAIR	1.00	Officer Director	$0	$0	$0
CHADWICK SYLTIE	FIRST CHAIR	1.00	Officer Director	$0	$0	$0
BRIGID TUCK	DIRECTOR	1.00	Director	$0	$0	$0
TIM ULRICH	DIRECTOR	1.00	Director	$0	$0	$0
DION WARNE	DIRECTOR	1.00	Officer Director	$0	$0	$0
ANN PETERSON	PRESIDENT/CEO	40.00	Officer	$32,982	$0	$32,982

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	$493,241	$456,398	No data	$36,843
2021	$789,064	$551,142	$2,209,843	$237,922
2020	$769,639	$512,835	$2,115,077	$256,804
2019	$721,007	$508,897	$2,368,586	$212,110
2018	$781,361	$661,948	$2,330,818	$119,413

PRAIRIELAND ECONOMIC DEVELOPMENT CORPORA