CRESCO INDUSTRIAL DEVELOPMENT CORP (EIN 421138199) - 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

1960

Legal Domicile

Principal Officer

SCOTT THOMSON

Phone

5635472040

Tax Period

2024-04-01 to 2025-03-31

CRESCO INDUSTRIAL DEVELOPMENT CORP, founded in 1960, is a micro nonprofit that reported $30K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $16K, a strong 55% operating margin.

Mission

ENCOURAGE NEW BUSINESSES IN CRESCO

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,250

Investment Income $17,815

Other Revenue $0

TOTAL REVENUE $30,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $159

Program Expenses $0

Other Expenses $13,608

TOTAL EXPENSES $13,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,065	$32,043	-0.1%
Expenses	$13,608	$24,045	-0.4%
Net Income	$16,457	$7,998	+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

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
MARK CUVELIER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE DREES	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES MALEK	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEREK LEE	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
J SCOTT THOMSON	TREASURER	2.00	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
2025	$30,065	$13,608	$777,219	$16,457
2024	$32,043	$24,045	$775,268	$7,998
2023	$32,659	$18,091	$781,608	$14,568
2022	$24,547	$10,668	$781,236	$13,879

CRESCO INDUSTRIAL DEVELOPMENT CORP