Holdrege Development Corporation (EIN 470790745) - 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

1995

Legal Domicile

Principal Officer

Stephanie Meyers

Phone

3089958733

Tax Period

2024-01-01 to 2024-12-31

Holdrege Development Corporation, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $155K in total revenue in fiscal year 2024. Revenue surged 828% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 83% operating margin.

Mission

To acquire, construct, proide and operate housing, rental property, commercial buildings, related facilities suited to the special needs and living requirements of eligible occupants as determined by any government agency regs and this Corporation without regard to sex, age, religion, race, sexual identity,physical or mental handicap, marital status or national origin

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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 $67,987

Program Service Revenue $0

Investment Income $86,579

Other Revenue $0

TOTAL REVENUE $154,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $25,857

TOTAL EXPENSES $25,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,566	$16,655	+8.3%
Expenses	$25,857	$21,055	+0.2%
Net Income	$128,709	$-4,400	-30.3%

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

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
Bradley Johnson	Chairman	2.00	Officer	$0	$0	$0
Jeremy Klein	Director	1.00	Director	$0	$0	$0
Matt Simpson	Director	1.00	Director	$0	$0	$0
Brad Allmand	Director	1.00	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
2024	$154,566	$25,857	$735,638	$128,709
2023	$16,655	$21,055	$1,274,392	$-4,400
2022	$13,315	$53,995	$1,282,266	$-40,680
2021	$55,695	$129,878	$1,061,761	$-74,183
2020	$49,441	$102,491	$499,155	$-53,050
2019	$145,371	$55,447	$1,247,405	$89,924
2018	$71,882	$90,203	$1,017,627	$-18,321

Holdrege Development Corporation