BRADENTON, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BRADENTON AREA ECONOMIC DEVELOPMENT CORP, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $188K, a strong 15% operating margin.
THE BRADENTON AREA EDC WORKS TO DIVERSIFY THE LOCAL ECONOMY BY ATTRACTING AND RETAINING HIGH-WAGE JOBS FOR AREA RESIDENTS, AND CONNECTING ESTABLISHED BUSINESSES TO THE RESOURCES THEY NEED TO SUCCEED.
BUSINESS RETENTION/EXPANSION: TO RETAIN EXISTING HIGH-IMPACT BUSINESSES IN MANATEE COUNTY FLORIDA BY ASSISTING WITH FACILITY EXPANSIONS, WORKFORCE ISSUES, CONNECTIONS TO GRANTS, INCENTIVES...
BUSINESS RETENTION/EXPANSION: TO RETAIN EXISTING HIGH-IMPACT BUSINESSES IN MANATEE COUNTY FLORIDA BY ASSISTING WITH FACILITY EXPANSIONS, WORKFORCE ISSUES, CONNECTIONS TO GRANTS, INCENTIVES, INFORMATION RESOURCES AND INTERNATIONAL TRADE.
BUSINESS RETENTION/EXPANSION: TO ATTRACT NEW, HIGH-IMPACT COMPANIES TO MANATEE COUNTY BY ESTABLISHING AN ACTIVE, PROSPECT-DRIVEN OUTREACH MARKETING PROGRAM THAT BUILDS UPON DIFFERENTIATING RESOURCES...
BUSINESS RETENTION/EXPANSION: TO ATTRACT NEW, HIGH-IMPACT COMPANIES TO MANATEE COUNTY BY ESTABLISHING AN ACTIVE, PROSPECT-DRIVEN OUTREACH MARKETING PROGRAM THAT BUILDS UPON DIFFERENTIATING RESOURCES, ESTABLISHED INTERNATIONAL CONNECTIONS, POSITIVE BUSINESS ENVIRONMENT AND AN ATTRACTIVE QUALITY OF LIFE.
WORKFORCE DEVELOPMENT: TO IDENTIFY, DEVELOP, AND CONNECT WORKFORCE RESOURCES AND TALENT TO SUPPORT THE GROWTH OF EXISTING AND TARGETED NEW INDUSTRIES, WHICH CREATE EMPLOYMENT OPPORTUNITIES IN...
WORKFORCE DEVELOPMENT: TO IDENTIFY, DEVELOP, AND CONNECT WORKFORCE RESOURCES AND TALENT TO SUPPORT THE GROWTH OF EXISTING AND TARGETED NEW INDUSTRIES, WHICH CREATE EMPLOYMENT OPPORTUNITIES IN SUSTAINABLE, HIGH-SKILL, HIGH-WAGE JOBS. CONNECT BUSINESSES WITH INFORMATION ABOUT WORKFORCE GRANTS AND TRAINING PROGRAMS AVAILABLE AT THE FEDERAL, STATE, REGIONAL AND LOCAL LEVEL. INTERACT WITH REGIONAL COLLEGES, UNIVERSITIES AND TECHNOLOGY COMPANIES TO PROMOTE TECHNOLOGY DEVELOPMENT, GRANT/RESEARCH COLLABORATION, THE BUILDING OF START-UP COMPANIES, AND TO ENCOURAGE MORE STUDENTS TO PURSUE TECHNOLOGY STUDIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,252,175 | $989,048 | +0.3% |
| Expenses | $1,063,837 | $997,884 | +0.1% |
| Net Income | $188,338 | $-8,836 | -22.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR KAREN HOLBROOK | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEN HANAN | PAST CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDY STULTZ | CHAIR-ELECT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS CIANFAGLIONE | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK DEL MEDICO | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ANDY GUZ | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ANNE ROLLINGS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| LAURA COLE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TOMMY GREGORY | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DEVANEY IGLESIAS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRIS PENNEWILL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| RICK PICCOLO | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| LESLEY BARRE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRIS CIACCIO | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MELVIN PRICE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JACKI DEZELSKI | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CARLO FASSI | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| LARRY FINEBERG | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| STEVE HERRIG | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TODD WILKINS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| AMY EDWARDS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| PHIL MISIURA | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MIKE MOSCHELLA | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE MURPHY | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TIM NOVAK | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| VAL PEREZ | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| FRANK SANTORA | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SAUNDERS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| APRIL SMITH | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DORAS DAVILA | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| KELLY CARLSTEIN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| RYAN MCINTYRE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| BILL POULTON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MARK VENGROFF | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ALLISON IMRE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| PAIGE LEMAY | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| STEVE YOUNG | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CRAIG WARZECHA | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TERRY KINDER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| BRITTANY LAMONT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| GENE BROWN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| SHIRLEY GROOVER BRYANT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| COURTNEY DEPOL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DAN FITZ-PATRICK | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JOSH MATLOCK | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| MIKE RAHN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DOUG WAGNER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DEBRA WILLIAMS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DR JASON WYSONG | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| AMANDA PARRISH | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| RYNE JOHNSON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ROBBIE GRONBACH | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JAG GREWAL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE WALL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| SHARON HILLSTROM | PRESIDENT & CEO | 40.00 |
Officer
|
$251,576 | $6,861 | $258,437 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,252,175 | $1,063,837 | $2,126,252 | $188,338 |
| 2023 | $989,048 | $997,884 | $1,884,122 | $-8,836 |
| 2022 | $1,123,700 | $966,805 | $1,802,772 | $156,895 |
| 2022 | $292,436 | $296,653 | $2,183,708 | $-4,217 |
| 2021 | $1,198,910 | $1,052,476 | $1,972,799 | $146,434 |
| 2020 | $1,107,186 | $1,036,983 | $1,632,241 | $70,203 |
| 2019 | $1,097,031 | $1,062,146 | $1,565,833 | $34,885 |
| 2018 | $1,137,865 | $1,035,354 | $1,543,319 | $102,511 |
Compare BRADENTON AREA ECONOMIC DEVELOPMENT CORP with other nonprofits in Florida and across the country.