EDC LOAN CORPORATION (EIN 431204634) - 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

1980

Legal Domicile

Principal Officer

TRACEY LEWIS

Phone

8166912122

Tax Period

2024-05-01 to 2025-04-30

EDC LOAN CORPORATION, founded in 1980, is a small nonprofit that reported $305K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $786K exceeded revenue, resulting in a 158% operating deficit.

Mission

PROVIDE LOANS TO QUALIFIED BUSINESSES IN THE CORPORATION'S TARGETED AREA AND THE URBAN CORE.

🔒

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 $165,216

Program Service Revenue $138,745

Investment Income $876

Other Revenue $0

TOTAL REVENUE $304,837

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $682,788

Other Expenses $586,117

TOTAL EXPENSES $786,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$304,837	$3,047,159	-0.9%
Expenses	$786,117	$644,901	+0.2%
Net Income	$-481,280	$2,402,258	-1.2%

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

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

$299,775

Total Directors

$299,775

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIO VASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
NIA WEBSTER	INTERIM BOARD CHAIR	1.00	Officer Director	$0	$0	$0
HEATHER WATTS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM CHOI	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN HOGG	SECRETARY	1.00	Officer Director	$0	$0	$0
MADISON KUNKEL	DIRECTOR	1.00	Director	$0	$0	$0
JACK STEADMAN	DIRECTOR	1.00	Director	$0	$0	$0
VICTOR HAMMONDS	DIRECTOR	1.00	Director	$0	$0	$0
TRACEY LEWIS	CDC MANAGER	2.00	Officer Director	$0	$52,275	$299,775

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	$304,837	$786,117	$4,285,277	$-481,280
2024	$3,047,159	$644,901	$4,901,129	$2,402,258
2023	$284,456	$246,517	$2,452,885	$37,939
2022	$520,219	$113,296	$2,386,310	$406,923
2021	$4,016,030	$3,240,801	$1,947,431	$775,229
2020	$71,102	$138,875	$1,157,272	$-67,773
2019	$194,558	$360,244	$1,245,616	$-165,686
2018	$224,033	$303,562	$1,400,062	$-79,529

EDC LOAN CORPORATION