AREAWIDE BUSINESS COUNCIL INCORPORATED (EIN 460375317) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Ron Kraft

Phone

6056654408

Tax Period

2024-01-01 to 2024-12-31

AREAWIDE BUSINESS COUNCIL INCORPORATED, founded in 1982, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2020. Revenue surged 1092% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.1M, a strong 97% operating margin.

Mission

Economic Development

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $349,969

Investment Income $30,482

Other Revenue $0

TOTAL REVENUE $380,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $184,320

Other Expenses $198,454

TOTAL EXPENSES $198,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$380,451	$331,782	+0.1%
Expenses	$198,454	$191,837	+0.0%
Net Income	$181,997	$139,945	+0.3%

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
Lisa Creasey	Board member	0.5	Director	$0	$0	$0
Rick Hogue	Board Member	0.5	Director	$0	$0	$0
David Lambert	Board Member	0.5	Director	$0	$0	$0
Linda Willman	Board Member	0.5	Director	$0	$0	$0
Trevor Dierks	Board Member	0.5	Director	$0	$0	$0
Erik Koenigs	Board Member	0.5	Director	$0	$0	$0
Gerrit Juffer	Vice Chairman	0.5	Officer Director	$0	$0	$0
Ron Kraft	Secretary-Treasurer	1	Officer Director	$0	$0	$0
Larry McManus	Chairman	0.5	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	No data	No data	No data	No data
2024	$380,451	$198,454	$10,294,750	$181,997
2023	$331,782	$191,837	$10,184,523	$139,945
2022	$251,437	$102,930	$10,108,650	$148,507
2021	$138,908	$126,621	$10,027,810	$12,287
2020	$4,180,248	$117,285	$10,086,210	$4,062,963

AREAWIDE BUSINESS COUNCIL INCORPORATED