LOWNDES COUNTY ECONOMIC DEVELOPMENT COMMISSION

EIN: 463011080 Community Improvement

HAYNEVILLE, AL

Total Revenue
$99,214
Total Expenses
$150,964
Total Assets
$162,636
Net Assets
$162,636
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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
2013
Legal Domicile
AL
Principal Officer
THOMAS ELLIS
Phone
3343718400
Tax Period
2024-10-01 to 2025-09-30

LOWNDES COUNTY ECONOMIC DEVELOPMENT COMMISSION, founded in 2013, is a micro nonprofit in the Community Improvement sector that reported $99K in total revenue in fiscal year 2024. Expenses of $151K exceeded revenue, resulting in a 52% operating deficit.

Mission

NO FORMAL MISSION STATEMENT BUT THE LOWNDES COUNTY ECONOMIC DEVELOPMENT COMMISSION EXISTS TO RECRUIT INDUSTRY TO LOWNDES COUNTY ALABAMA

Program Service Accomplishments

Program 1

THE COMMISSION IS ACTIVE IN THE RECRUITMENT OF INDUSTRY TO LOWNDES COUNTY ALABAMA. NUMEROUS TRADE SHOWS WERE ATTENDED AND MANY BUSINESSES WERE CONTACTED ABOUT RELOCATING TO LOWNDES COUNTY

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $98,150
Investment Income $1,064
Other Revenue $0
TOTAL REVENUE $99,214

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $150,964
TOTAL EXPENSES $150,964

Year-over-Year Comparison

2024 2023 Change
Revenue $99,214 $95,733 +0.0%
Expenses $150,964 $97,102 +0.6%
Net Income $-51,750 $-1,369 +36.8%
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
12
Independent Members
12
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNIE BAINBRIDGE DIRECTOR N/A
Director
$0 $0 $0
JIMMY BLACK DIRECTOR N/A
Director
$0 $0 $0
AUBREY CARTER SECRETARY N/A
Officer Director
$0 $0 $0
EVELYN CAUSEY DIRECTOR N/A
Director
$0 $0 $0
THOMAS ELLIS CHAIRMAN N/A
Officer Director
$0 $0 $0
ERNIE FAULKNER DIRECTOR N/A
Director
$0 $0 $0
JERRY INGRAM DIRECTOR N/A
Director
$0 $0 $0
CHARLIE KING JR VICE CHAIRMA N/A
Officer Director
$0 $0 $0
JOHN LYON TREASURER N/A
Officer Director
$0 $0 $0
TERRY MOSELEY DIRECTOR N/A
Director
$0 $0 $0
0RBUTY OZIER DIRECTOR N/A
Director
$0 $0 $0
WILLIAM SCOTT DIRECTOR N/A
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 $99,214 $150,964 $162,636 $-51,750
2024 $95,733 $97,102 $214,386 $-1,369
2023 $106,561 $94,234 $215,755 $12,327
2022 $92,012 $91,262 $203,428 $750
2021 $102,358 $94,946 $202,678 $7,412
2020 $104,842 $90,383 $195,266 $14,459
2019 $119,796 $60,816 $180,807 $58,980
2018 $107,017 $57,248 $121,827 $49,769
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