FULTON COUNTY CENTER FOR REGIONAL GROWTH

EIN: 454919269 501(c)(3) Community Improvement

GLOVERSVILLE, NY

Total Revenue
$1,213,222
Total Expenses
$1,220,013
Total Assets
$2,563,650
Net Assets
$1,899,771
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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
2012
Legal Domicile
NY
Principal Officer
RONALD PETERS
Phone
5187257700
Tax Period
2025-01-01 to 2025-12-31

FULTON COUNTY CENTER FOR REGIONAL GROWTH, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year.

Mission

TO STRENGTHEN OUR ECONOMIC BASE, FACILITATE SUSTAINABLE GROWTH, ENHANCE THE COMPETITIVE POSITION OF OUR REGION, ITS COUNTIES, TOWNS AND CITIES AND FACILITATE INVESTMENTS THAT BUILD CAPACITY ,CREATE JOBS, IMPROVE QUALITY OF LIFE AND INCREASE THE STANDARD OF LIVING FOR ALL OF ITS RESIDENTS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $544,959
Program Service Revenue $622,987
Investment Income $35,434
Other Revenue $9,842
TOTAL REVENUE $1,213,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $484,620
Fundraising Expenses $0
Program Expenses $1,108,028
Other Expenses $735,393
TOTAL EXPENSES $1,220,013

Year-over-Year Comparison

2025 2024 Change
Revenue $1,213,222 $1,471,859 -0.2%
Expenses $1,220,013 $715,221 +0.7%
Net Income $-6,791 $756,638 -1.0%
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

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Governance

Voting Members
9
Independent Members
9
Employees
5
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
5
$0
Total Directors
10
$128,099
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD PETERS PRESIDENT/CE 40.00
Director
$128,099 $0 $128,099
TIMOTHY BECKETT PAST CHAIR 2.00
Officer Director
$0 $0 $0
TERRI EASTERLY SECRETARY 2.00
Officer Director
$0 $0 $0
DR LESLIE FORD VICE CHAIR 2.00
Officer Director
$0 $0 $0
WARREN GREENE DIRECTOR 1.00
Director
$0 $0 $0
KENT KIRCH CHAIR 2.00
Officer Director
$0 $0 $0
GEOFFREY PECK TREASURER 2.00
Officer Director
$0 $0 $0
CHRISTINA VANVALKENBURGH DIRECTOR 1.00
Director
$0 $0 $0
DENIS WILSON DIRECTOR 1.00
Director
$0 $0 $0
JACK WILSON 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
2025 $1,213,222 $1,220,013 $2,563,650 $-6,791
2024 $1,471,859 $715,221 $1,956,366 $756,638
2023 $1,024,196 $974,636 $1,201,882 $49,560
2022 $896,440 $826,004 $1,172,211 $70,436
2021 $882,163 $652,817 $1,218,758 $229,346
2020 $1,128,232 $1,165,080 $1,444,749 $-36,848
2019 $498,379 $584,683 $920,345 $-86,304
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