Economic Incubators Inc (EIN 471997241) - 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

2014

Legal Domicile

Tax Period

2018-10-01 to 2019-08-31

Economic Incubators Inc, founded in 2014, is a small nonprofit that reported $651K in total revenue in fiscal year 2018. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 168% operating deficit.

Mission

Economic Incubators, Inc. supports and nurtures new and developing businesses to expand, grow and prosper in Collier County and beyond, thus creating jobs, investments and diversity in the local economy.

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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 (2018)

Revenue Breakdown

Contributions & Grants $490,695

Program Service Revenue $0

Investment Income $393

Other Revenue $159,898

TOTAL REVENUE $650,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $315,087

Fundraising Expenses $0

Program Expenses $1,572,251

Other Expenses $1,431,886

TOTAL EXPENSES $1,746,973

Year-over-Year Comparison

	2018	2017	Change
Revenue	$650,986	$843,084	-0.2%
Expenses	$1,746,973	$966,312	+0.8%
Net Income	$-1,095,987	$-123,228	+7.9%

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

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

$113,134

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Grant	DirectorChairman	5.00	Officer Director	$0	$0	$0
Fred Pezeshkan	Director	5.00	Director	$0	$0	$0
Dudley Goodlette	DirectorVice Chairman	0.50	Officer Director	$0	$0	$0
Jean-Pierre Garnier	Director	0.50	Director	$0	$0	$0
Joe Paterno	Director	0.50	Director	$0	$0	$0
Louis Traina	Director	0.50	Director	$0	$0	$0
Stephen Wheeler	Director	0.50	Director	$0	$0	$0
George Ahearn	Director	0.50	Director	$0	$0	$0
Richard Klass	Director	0.50	Director	$0	$0	$0
Philippe Camus	Director	0.50	Director	$0	$0	$0
Tim Durham	Director	0.50	Director	$0	$0	$0
Jennifer Pellechio	President	40.00	Officer	$101,532	$11,602	$113,134
Marshall Goodman	DirectorPresCEO	40.00		$84,332	$6,821	$91,153

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
2019	$650,986	$1,746,973	No data	$-1,095,987
2018	$843,084	$966,312	$1,226,659	$-123,228

Economic Incubators Inc