LEMAY DEVELOPMENT CORPORATION (EIN 431270167) - 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

1982

Legal Domicile

Principal Officer

FRANK ZIEGLER

Phone

3146389500

Tax Period

2021-01-01 to 2021-12-31

LEMAY DEVELOPMENT CORPORATION, founded in 1982, is a micro nonprofit that reported $235 in total revenue in fiscal year 2021. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $137K exceeded revenue, resulting in a 58351% operating deficit.

Mission

THE PRESERVATION AND ADVANCEMENT OF THE LEMAY COMMUNITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $235

TOTAL REVENUE $235

Expense Breakdown

Grants Paid $130,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,000

Other Expenses $7,359

TOTAL EXPENSES $137,359

Year-over-Year Comparison

	2021	2020	Change
Revenue	$235	$3,074	-0.9%
Expenses	$137,359	$11,583	+10.9%
Net Income	$-137,124	$-8,509	+15.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK ZIEGLER JR	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DR PHILIP MANNHARD DDS	TREASURER	2.00	Officer Director	$0	$0	$0
MELODY COOPER	SECRETARY	2.00	Officer Director	$0	$0	$0
NEIL F FRANKENBERG	DIRECTOR	1.00	Director	$0	$0	$0
DAN POGUE	DIRECTOR	1.00	Director	$0	$0	$0
IRFAN SINANOVIC	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA YAEGER	DIRECTOR	1.00	Director	$0	$0	$0
DONNA BARINGER	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
2021	$235	$137,359	No data	$-137,124
2020	$3,074	$11,583	$137,124	$-8,509
2019	$785,404	$36,528	$145,633	$748,876
2018	$39,121	$78,256	$144,182	$-39,135

LEMAY DEVELOPMENT CORPORATION