WEBSTER COUNTY IMPROVEMENT CORPORAT (EIN 421390073) - 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

1963

Legal Domicile

Principal Officer

DENNIS PLAUTZ

Phone

5159555500

Tax Period

2024-01-01 to 2024-12-31

WEBSTER COUNTY IMPROVEMENT CORPORAT, founded in 1963, is a small nonprofit in the Housing & Shelter sector that reported $179K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Net assets of $3.7M represent 251 months of operating reserves.

Mission

ASSISTING WITH URBAN RENEWAL ACTIVITIES AND PREVENTION OF COMMUNITY DETERIORATION WITHIN WEBSTER COUNTY.

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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 $176,068

Program Service Revenue $0

Investment Income $2,698

Other Revenue $0

TOTAL REVENUE $178,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,543

Fundraising Expenses $0

Program Expenses $178,808

Other Expenses $76,265

TOTAL EXPENSES $178,808

Year-over-Year Comparison

	2024	2023	Change
Revenue	$178,766	$217,954	-0.2%
Expenses	$178,808	$169,373	+0.1%
Net Income	$-42	$48,581	-1.0%

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

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
DENNIS PLAUTZ	PRESIDENT	1.00	Officer	$0	$0	$0
LARRY BUSHMAN	VICE PRESIDE	1.00	Officer	$0	$0	$0
JERRY RICHMAN	SECRETARY/TR	1.00	Officer	$0	$0	$0
LYDIA SCHURR	DIRECTOR	1.00	Director	$0	$0	$0
BENNETT O'CONNOR	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
2024	$178,766	$178,808	$4,013,479	$-42
2023	$217,954	$169,373	$3,794,206	$48,581
2022	$186,645	$180,068	$3,745,625	$6,577
2021	$153,239	$177,897	$3,831,756	$-24,658
2020	$184,774	$12,908	$3,892,561	$171,866
2019	$246,192	$25,175	$3,755,539	$221,017
2018	$152,287	$14,302	$3,480,099	$137,985

WEBSTER COUNTY IMPROVEMENT CORPORAT