PARKERSBURG ECONOMIC DEVELOPMENT (EIN 421131866) - 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

Formation Year

1993

Legal Domicile

Phone

3193461023

Tax Period

2021-07-01 to 2022-06-30

PARKERSBURG ECONOMIC DEVELOPMENT, founded in 1993, is a micro nonprofit that reported $18K in total revenue in fiscal year 2021. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $20K exceeded revenue, resulting in a 12% operating deficit.

Mission

STIMULATE COMMUNITY ECONOMIC GROWTH

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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 (2021)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $0

Investment Income $3,749

Other Revenue $3,896

TOTAL REVENUE $17,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,386

Fundraising Expenses $0

Program Expenses $9,055

Other Expenses $13,347

TOTAL EXPENSES $19,733

Year-over-Year Comparison

	2021	2020	Change
Revenue	$17,645	$46,853	-0.6%
Expenses	$19,733	$26,044	-0.2%
Net Income	$-2,088	$20,809	-1.1%

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

N/A

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

$5,454

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIMEE ALLAN	Director	20.00	Officer	$5,454	$0	$5,454
TOM MANIFOLD	Director	0.00	Director	$0	$0	$0
PEG NEAVINS	Director	0.00	Director	$0	$0	$0
KYLE RICE	Director	0.00	Director	$0	$0	$0
RON PEPPLES	Director	0.00	Director	$0	$0	$0
WAYNE WAGONER	Director	0.00	Director	$0	$0	$0
LINDA KANNEGIETOR	Director	0.00	Director	$0	$0	$0
LORI MASON	Director	0.00	Director	$0	$0	$0
LEON THORNE	Vice President	0.00	Officer	$0	$0	$0
BILL HAGER	President	0.00	Officer	$0	$0	$0
TIM CUVELIER	Secretary	0.00	Officer	$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	$17,645	$19,733	$611,729	$-2,088
2021	$46,853	$26,044	$614,639	$20,809
2020	$45,118	$27,334	$593,844	$17,784
2019	$38,537	$36,877	$575,958	$1,660

PARKERSBURG ECONOMIC DEVELOPMENT