EDC STRATEGIC INITIATIVES FUND (EIN 431204633) - 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

1980

Legal Domicile

Principal Officer

TRACEY LEWIS

Phone

8166912122

Tax Period

2024-05-01 to 2025-04-30

EDC STRATEGIC INITIATIVES FUND, founded in 1980, is a micro nonprofit in the Community Improvement sector that reported $5K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $26K exceeded revenue, resulting in a 476% operating deficit.

Mission

THE CHARITABLE FUND WILL ASSIST FOR PROFIT AND NOT FOR PROFIT ORGANIZATIONS IN EFFORTS TO LESSEN THE BURDENS OF GOVERNMENT BY COMBATTING COMMUNITY DETERIORATION, ETC.

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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 $0

Investment Income $4,541

Other Revenue $0

TOTAL REVENUE $4,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,021

Other Expenses $26,171

TOTAL EXPENSES $26,171

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,541	$4,935	-0.1%
Expenses	$26,171	$23,136	+0.1%
Net Income	$-21,630	$-18,201	+0.2%

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

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

$363,967

Total Directors

$299,775

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SPENCER FIELDS	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
BRIDGETTE WILLIAMS	CHAIRWOMAN/DIRECTOR	1.00	Officer Director	$0	$0	$0
CLYDE MCQUEEN	DIRECTOR	1.00	Director	$0	$0	$0
ROSANA PRIVITERA BIONDO	DIRECTOR	1.00	Director	$0	$0	$0
TRACEY LEWIS	PRESIDENT & CEO	1.00	Director	$0	$52,275	$299,775
HEATHER BROWN	INTERIM PRESIDENT	1.00	Officer	$0	$52,480	$254,666
GAYLE PRICE	SECRETARY	1.00	Officer	$0	$37,366	$109,301

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	$4,541	$26,171	$191,213	$-21,630
2024	$4,935	$23,136	$212,843	$-18,201
2023	$579	$75,153	$278,975	$-74,574
2022	$1,105	$224,988	$397,797	$-223,883
2021	$266,327	$83,136	$566,474	$183,191
2020	$301,938	$1,020,278	$354,506	$-718,340
2019	$296,545	$249,309	$1,073,033	$47,236

EDC STRATEGIC INITIATIVES FUND