Perry Co Business & Industrial Development Corp (EIN 472077201) - 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

2015

Legal Domicile

Principal Officer

Lee Chestnut

Tax Period

2021-01-01 to 2021-12-31

Perry Co Business & Industrial Development Corp, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $500 in total revenue in fiscal year 2021. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $2K exceeded revenue, resulting in a 270% operating deficit.

Mission

To engage in workforce training and development to improve the skills of unemployed and underemployed residents of Perry County, Indiana

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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 (2021)

Revenue Breakdown

Contributions & Grants $500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500

Expense Breakdown

Grants Paid $1,480

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,850

Other Expenses $370

TOTAL EXPENSES $1,850

Year-over-Year Comparison

	2021	2020	Change
Revenue	$500	$10,186	-1.0%
Expenses	$1,850	$9,422	-0.8%
Net Income	$-1,350	$764	-2.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Goffinet	Advisory Member	2.00	Director	$0	$0	$0
Eric Kehl	Advisory Member	2.00	Director	$0	$0	$0
Linda Crawford	Advisory Member	2.00	Director	$0	$0	$0
Jeff Rogers	Advisory Member	2.00	Director	$0	$0	$0
Alvin Evans	Advisory Member	2.00	Director	$0	$0	$0
Erin Emerson	Advisory Member	2.00	Director	$0	$0	$0
Lee Chestnut	Chariman	2.00	Officer Director	$0	$0	$0
Walter Hagedorn	Vice Chairman	2.00	Officer Director	$0	$0	$0
Jody French	SecretaryTreasurer	2.00	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
2021	$500	$1,850	$15,985	$-1,350
2020	$10,186	$9,422	$17,335	$764
2019	$2,403	$4,120	$16,571	$-1,717
2018	$2,318	$407,308	$18,188	$-404,990

Perry Co Business & Industrial Development Corp