DAVIESS REVOLVING LOAN CORPORATION (EIN 453908909) - 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

2011

Legal Domicile

Principal Officer

JEFF MASON

Phone

8122541500

Tax Period

2023-01-01 to 2023-12-31

DAVIESS REVOLVING LOAN CORPORATION, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $11K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 80% operating margin.

Mission

TO ADMINISTER AND MANAGE UNCONVENTIONAL LOANS TO BUSINESSES LOCATED WITHIN DAVIESS COUNTY, INDIANA WITH THE OBJECTIVE OF PROMOTING ECONOMIC DEVELOPMENT AND ANY OTHER LEGAL PURPOSE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $10,749

Other Revenue $0

TOTAL REVENUE $10,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,131

Other Expenses $2,131

TOTAL EXPENSES $2,131

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,749	$8,363	+0.3%
Expenses	$2,131	$2,535	-0.2%
Net Income	$8,618	$5,828	+0.5%

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

N/A

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
JOE MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
VIC HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MASON	CHAIRMAN/TREASURER	4.00	Officer	$0	$0	$0
MIKE HEALY	VICE CHAIRMAN	4.00	Officer	$0	$0	$0
ROBERT GREWE	SECRETARY	4.00	Officer	$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
2023	$10,749	$2,131	$941,946	$8,618
2022	$8,363	$2,535	$933,328	$5,828
2021	$5,844	$1,606	$927,500	$4,238
2020	$23,476	$8,052	$923,262	$15,424
2019	$12,479	$1,004	$907,838	$11,475
2018	$1,415	$63,869	$896,363	$-62,454

DAVIESS REVOLVING LOAN CORPORATION