MOBRIDGE ECONOMIC DEVELOPMENT CORPORATION (EIN 460391819) - 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

1984

Legal Domicile

Principal Officer

MICHELE HARRISON

Phone

6058455202

Tax Period

2025-01-01 to 2025-12-31

MOBRIDGE ECONOMIC DEVELOPMENT CORPORATION, founded in 1984, is a small nonprofit that reported $104K in total revenue in fiscal year 2018. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 53% operating margin.

Mission

PROMOTE INDUSTRY & COMMERCE

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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 (2025)

Revenue Breakdown

Contributions & Grants $46,479

Program Service Revenue $33,220

Investment Income $6,756

Other Revenue $9,520

TOTAL REVENUE $95,975

Expense Breakdown

Grants Paid $30,003

Salaries & Benefits $50,500

Fundraising Expenses $0

Program Expenses $40,042

Other Expenses $18,853

TOTAL EXPENSES $99,356

Year-over-Year Comparison

	2025	2024	Change
Revenue	$95,975	$649,772	-0.9%
Expenses	$99,356	$587,351	-0.8%
Net Income	$-3,381	$62,421	-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

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN AYOUB	DIRECTOR	N/A	Director	$0	$0	$0
BRUCE BREKKE	DIRECTOR	N/A	Officer Director	$0	$0	$0
TIM FREDERICK	DIRECTOR	N/A	Director	$0	$0	$0
MICHELE HARRISON	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
ADAM HAYES	DIRECTOR	N/A	Director	$0	$0	$0
CHAD JAEGER	DIRECTOR	N/A	Director	$0	$0	$0
DAWN KONOLD	DIRECTOR	N/A	Director	$0	$0	$0
JESSE KONOLD	DIRECTOR	N/A	Director	$0	$0	$0
DARRELL SCHLEPP	DIRECTOR	N/A	Director	$0	$0	$0
TRAVIS VETCH	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN WIENTJES	DIRECTOR	N/A	Director	$0	$0	$0
TOM ZERR	DIRECTOR	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	$95,975	$99,356	$1,429,407	$-3,381
2024	No data	No data	No data	No data
2023	$131,821	$79,005	$1,383,546	$52,816
2022	$79,047	$57,830	$1,322,740	$21,217
2021	$84,951	$52,952	$1,248,591	$31,999
2020	$168,173	$78,183	$1,353,169	$89,990
2019	$63,838	$48,283	$1,219,742	$15,555
2018	$103,728	$48,981	$860,659	$54,747

MOBRIDGE ECONOMIC DEVELOPMENT CORPORATION