MONETT INDUSTRIAL DEVELOPMENT CORP

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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

1958

Legal Domicile

Principal Officer

MIKE BROWNSBERGER

Phone

4172358146

Tax Period

2024-06-01 to 2025-05-31

MONETT INDUSTRIAL DEVELOPMENT CORP, founded in 1958, is a micro nonprofit in the Community Improvement sector that reported $76K in total revenue in fiscal year 2024. Revenue surged 311% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 99% operating margin.

Mission

INDUSTRIAL DEVELOPMENT AND INCREASING THE AVAILABILITY OF EMPLOYMENT FOR THE CITIZENS OF THE CITY OF MONETT, MISSOURI AND THE SURROUNDING AREA.

Program Service Accomplishments

Program 1

FIRST INDUSTRIAL EXPANSION IS NOW IN THE PROCESS OF BEING DEVELOPED IN A NEW INDUSTRIAL PARK IN MONETT, MO.

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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 $45,342

Program Service Revenue $0

Investment Income $30,427

Other Revenue $0

TOTAL REVENUE $75,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $627

TOTAL EXPENSES $627

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,769	$18,451	+3.1%
Expenses	$627	$513	+0.2%
Net Income	$75,142	$17,938	+3.2%

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

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
MIKE BROWNSBERGER	TREASURER	N/A	Officer Director	$0	$0	$0
CHRIS FULDNER	DIRECTOR	N/A	Director	$0	$0	$0
MIKE GARRETT	SECRETARY	N/A	Officer Director	$0	$0	$0
REX KAY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KEITH MCCRACKEN	DIRECTOR	N/A	Director	$0	$0	$0
DARRIN NEWBOLD	PRESIDENT	N/A	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	$75,769	$627	$1,104,430	$75,142
2024	$18,451	$513	$764,538	$17,938
2023	$3,938	$468	$458,690	$3,470
2022	$2,041	$816	$455,220	$1,225
2021	$4,758	$418	$453,995	$4,340
2020	$5,189	$475	$449,655	$4,714
2019	$693	$479	$547,237	$214