DELTA AREA ECONOMIC OPPORTUNITY CORPORATION (EIN 430834206) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

JOEL EVANS

Phone

5739318400

Tax Period

2024-01-01 to 2024-12-31

DELTA AREA ECONOMIC OPPORTUNITY CORPORATION, founded in 1965, is a mid-sized nonprofit that reported $30.5M in total revenue in fiscal year 2024. Expenses of $29.1M left a modest 5% surplus.

Mission

THE MISSION OF DELTA AREA ECONOMIC OPPORTUNITY CORPORATION, A COMMUNITY ACTION AGENCY, IS TO PROVIDE APPROPRIATE PROGRAMS AND SERVICES THAT EMPOWER PEOPLE TO MAKE POSITIVE CHANGE IN THEIR COMMUNITY, FAMILY AND PERSONAL LIVES IN ORDER TO ACHIEVE AND MAINTAIN SELF-SUFFICIENCY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,873,467

Program Service Revenue $541,758

Investment Income $-26,242

Other Revenue $110,787

TOTAL REVENUE $30,499,770

Expense Breakdown

Grants Paid $4,066,059

Salaries & Benefits $16,566,130

Fundraising Expenses $144,887

Program Expenses $26,558,608

Other Expenses $8,467,483

TOTAL EXPENSES $29,099,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,499,770	$28,507,663	+0.1%
Expenses	$29,099,672	$28,398,126	+0.0%
Net Income	$1,400,098	$109,537	+11.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

499

Volunteers

1625

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

$323,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE MARSHALL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JIM GREBING	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
DAVID BLALOCK	TREASURER	1.00	Officer Director	$0	$0	$0
KATHY GARRARD	SECRETARY	1.00	Officer Director	$0	$0	$0
SUE GRANTHAM	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS STINNETT	DIRECTOR	1.00	Director	$0	$0	$0
TINA RUSHING	DIRECTOR	1.00	Director	$0	$0	$0
ANITA GREEN	DIRECTOR	1.00	Director	$0	$0	$0
DARRELL JONES	DIRECTOR	1.00	Director	$0	$0	$0
JOE LANE	DIRECTOR	1.00	Director	$0	$0	$0
MARSHA HAYES	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
ADAM CLARK	DIRECTOR	1.00	Director	$0	$0	$0
KATHY TEACHOUT	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
TARA MOUSER	DIRECTOR	1.00	Director	$0	$0	$0
MELINDA SWEENEY	DIRECTOR	1.00	Director	$0	$0	$0
JENIFER GODSEY	DIRECTOR	1.00	Director	$0	$0	$0
JOEL EVANS	PRESIDENT AN	40.00	Officer	$166,394	$0	$166,394
HILARY HAMRA	HR DIRECTOR	40.00	Officer	$115,362	$0	$115,362
CRAIG BOHNSACK	CHIEF FINANC	40.00	Officer	$41,312	$0	$41,312

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	$30,499,770	$29,099,672	$27,671,041	$1,400,098
2023	$28,507,663	$28,398,126	$27,085,459	$109,537
2022	$23,856,169	$23,052,967	$27,725,427	$803,202
2021	$23,706,654	$23,143,172	$22,832,856	$563,482
2020	$23,685,785	$22,720,953	$22,387,678	$964,832
2019	$21,670,812	$21,931,788	$20,924,101	$-260,976
2018	$22,522,179	$22,097,601	$21,727,989	$424,578

DELTA AREA ECONOMIC OPPORTUNITY CORPORATION