MARION COUNTY DEVELOPMENT PARTNERSHIP INC (EIN 450502805) - 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

2003

Legal Domicile

Principal Officer

LORI WATTS

Phone

6017366385

Tax Period

2024-10-01 to 2025-09-30

MARION COUNTY DEVELOPMENT PARTNERSHIP INC, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $327K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $312K left a modest 5% surplus.

Mission

THE MISSION OF THE MARION COUNTY DEVELOPMENT PARTNERSHIP IS TO PROVIDE A FRAMEWORK WITHIN WHICH PUBLIC AND PRIVATE RESOURCES CAN BE UTILIZED EFFECTIVELY TO PROMOTE ECONOMIC DEVELOPMENT IN MARION COUNTY.

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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 $249,000

Program Service Revenue $62,500

Investment Income $10,391

Other Revenue $4,879

TOTAL REVENUE $326,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,595

Fundraising Expenses $0

Other Expenses $145,455

TOTAL EXPENSES $312,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$326,770	$360,567	-0.1%
Expenses	$312,050	$343,853	-0.1%
Net Income	$14,720	$16,714	-0.1%

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

Volunteers

115

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

$150,434

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI WATTS	EXECUTIVE DI	40.00	Officer	$103,000	$0	$103,000
CAROLYN BURTON	VICE PRESIDE	40.00	Officer	$47,434	$0	$47,434
KRISTIAN AGOGLIA	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT DAVIS	TREASURER	N/A	Director	$0	$0	$0
RENE' DUNGAN	VICE CHAIRMA	N/A	Director	$0	$0	$0
ANGELA JOHNSON	SECRETARY	N/A	Director	$0	$0	$0
TIM MAGEE	CHAIRMAN	N/A	Director	$0	$0	$0
DONOVAN MCCOMB	DIRECTOR	N/A	Director	$0	$0	$0
JANETTE NOLAN	DIRECTOR	N/A	Director	$0	$0	$0
JANET PRICE	DIRECTOR	N/A	Director	$0	$0	$0
ROBIN SANDERSON	DIRECTOR	N/A	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	$326,770	$312,050	$678,254	$14,720
2024	$360,567	$343,853	$668,371	$16,714
2023	$341,815	$281,437	$657,480	$60,378
2022	$345,400	$280,011	$601,792	$65,389
2021	$268,861	$189,172	$527,900	$79,689
2020	$228,480	$140,156	$431,331	$88,324
2019	$172,427	$187,953	$348,761	$-15,526
2018	$147,167	$157,275	$360,556	$-10,108

MARION COUNTY DEVELOPMENT PARTNERSHIP INC