PANHANDLE AREA DEVELOPMENT DISTRICT (EIN 470545622) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

BRYAN VENABLE

Phone

3084366584

Tax Period

2024-07-01 to 2025-06-30

PANHANDLE AREA DEVELOPMENT DISTRICT, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $306K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Net assets of $1.8M represent 72 months of operating reserves.

Mission

PANHANDLE AREA DEVELOPMENT DISTRICT'S PURPOSE IS TO ASSEST LOACL GOVERNEMENTS WITH ECONOMIC DEVELOPMENT AND RESOURCE CONSERVATION WITHIN THE GEOGRAPHICAL REGION OF THE NEBRASKA PANHANDLE. THE ORGANIZATION WAS CREATED UNDER THE STATE OF NEBRASKAS INTERLOCAL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $177,064

Program Service Revenue $92,974

Investment Income $35,636

Other Revenue $0

TOTAL REVENUE $305,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,711

Fundraising Expenses $0

Program Expenses $235,122

Other Expenses $89,415

TOTAL EXPENSES $315,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$305,674	$1,068,503	-0.7%
Expenses	$315,126	$367,136	-0.1%
Net Income	$-9,452	$701,367	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
JANINE MATTERN	President	1.00	Officer Director	$0	$0	$0
JANINE SCHMIDT	Secretary	1.00	Officer Director	$0	$0	$0
PAT COMFORT	Treasurer	1.00	Officer Director	$0	$0	$0
BRYAN VENABLE	Executive Dir.	40.00	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	$305,674	$315,126	$2,130,027	$-9,452
2024	$1,068,503	$367,136	$2,168,793	$701,367
2023	$464,159	$296,716	$1,992,873	$167,443
2022	$1,640,034	$481,478	$2,298,624	$1,158,556
2021	$1,640,034	$481,478	$2,298,624	$1,158,556
2020	$413,208	$426,203	$1,185,840	$-12,995
2019	$419,229	$1,450,581	$1,233,398	$-1,031,352
2018	$1,434,137	$431,025	$2,260,694	$1,003,112

PANHANDLE AREA DEVELOPMENT DISTRICT