FOUR CORNERS ECONOMIC DEVELOPMENT INC (EIN 455412749) - 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

2012

Legal Domicile

Principal Officer

TIMOTHY GIBBS

Phone

5055663720

Tax Period

2024-07-01 to 2025-06-30

FOUR CORNERS ECONOMIC DEVELOPMENT INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $795K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

SUPPORTING AND BUILDING ECONOMICALLY VIBRANT BUSINESSES AND COMMUNITIES IN THE FOUR CORNERS REGION THROUGH EFFECTIVE PARTNERSHIPS.

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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 $795,220

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $795,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $242,740

Fundraising Expenses $0

Program Expenses $807,039

Other Expenses $564,299

TOTAL EXPENSES $807,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$795,220	$724,705	+0.1%
Expenses	$807,039	$534,914	+0.5%
Net Income	$-11,819	$189,791	-1.1%

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

110

Independent Members

110

Employees

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

$208,811

Total Directors

$208,811

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY GIBBS	EXECUTIVE DI	40.00	Officer Director	$196,334	$5,890	$202,224
SCOTT BIRD	INTERIM EXEC	2.00	Officer Director	$6,587	$0	$6,587
JOHN BYROM	TREASURER	N/A	Officer Director	$0	$0	$0
ALICIA CORBELL	SECRETARY	N/A	Officer Director	$0	$0	$0
ANDY HAWKINS	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
VINCE MOFFITT	CHAIRMAN	N/A	Officer 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	$795,220	$807,039	$287,991	$-11,819
2024	$724,705	$534,914	$278,304	$189,791
2023	$356,737	$506,711	$92,778	$-149,974
2022	$405,059	$454,676	$248,325	$-49,617
2021	$493,550	$442,326	$298,091	$51,224
2020	$336,456	$321,313	$247,037	$15,143
2019	$424,171	$306,069	$220,928	$118,102
2018	$319,173	$293,432	$103,336	$25,741

FOUR CORNERS ECONOMIC DEVELOPMENT INC