COON RAPIDS DEVELOPMENT GROUP

EIN: 421493044 Community Improvement

COON RAPIDS, IA

Total Revenue
$145,410
Total Expenses
$38,386
Total Assets
$563,451
Net Assets
$531,252
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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
2000
Legal Domicile
IA
Principal Officer
ANDY KLEIN
Phone
7129997749
Tax Period
2023-01-01 to 2023-12-31

COON RAPIDS DEVELOPMENT GROUP, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $145K in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 74% operating margin.

Mission

COON RAPIDS DEVELOPMENT GROUP (CRDG) HAS BEEN ORGANIZED TO ASSIST IN ECONOMIC DEVELOPMENT OF COON RAPIDS, IA AND SURROUNDING AREAS. FUNDS ARE USED TO PROMOTE THE COMMUNITY AND MAKE IT AN ATTRACTIVE AND PROSPEROUS PLACE TO LIVE AND DO BUSINESS. TO FURTHER THEIR GOALS, CRDG IS PROVIDING ATTRACTIVE, AFFORDABLE SITES FOR RESIDENTIAL DEVELOPMENT; ASSISTING AND PROMOTING ECONOMIC DEVELOPMENT; PROMOTING COMMUNITY SPIRIT THROUGH VARIOUS EVENTS AND PROJECTS THROUGHOUT THE YEAR; AND PROVIDING FOR COMMUNITY BEAUTIFICATION.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $170,100
Program Service Revenue $1,675
Investment Income $1,749
Other Revenue $-28,114
TOTAL REVENUE $145,410

Expense Breakdown

Grants Paid $28,262
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,936
Other Expenses $10,124
TOTAL EXPENSES $38,386

Year-over-Year Comparison

2023 2022 Change
Revenue $145,410 $78,701 +0.8%
Expenses $38,386 $13,306 +1.9%
Net Income $107,024 $65,395 +0.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAVIN CRETSINGER DIRECTOR 1.00
Director
$0 $0 $0
CAYLOR DEETH DIRECTOR 1.00
Director
$0 $0 $0
CHRIS EDDY DIRECTOR 1.00
Director
$0 $0 $0
ADAM ESDOHR DIRECTOR 1.00
Director
$0 $0 $0
BRAD HONOLD DIRECTOR 1.00
Director
$0 $0 $0
ANDY KLEIN PRESIDENT 1.00
Officer Director
$0 $0 $0
JESSICA LEIGHTY SECRETARY/TR 1.00
Officer Director
$0 $0 $0
NATHAN MUENCH VICE PRESIDE 1.00
Officer Director
$0 $0 $0
BRAD WOODARD 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 No data No data No data No data
2023 $145,410 $38,386 $563,451 $107,024
2022 $78,701 $13,306 $526,845 $65,395
2021 $68,316 $36,008 $514,039 $32,308
2020 $132,841 $74,155 $560,956 $58,686
2019 $85,073 $34,632 $553,322 $50,441
2018 $120,953 $44,190 $576,713 $76,763
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