ACEDC FUND INC (EIN 474600267) - 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

DONNA HOGAN

Phone

6413225229

Tax Period

2024-01-01 to 2024-12-31

ACEDC FUND INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $656K in total revenue in fiscal year 2024. Revenue surged 763% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 29% operating margin.

Mission

ACEDC FUND INC IS ORGANIZED TO PROMOTE COMMUNITY ECONOMIC DEVELOPMENT IN ADAMS COUNTY IOWA.

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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 $543,514

Program Service Revenue $0

Investment Income $91,930

Other Revenue $20,137

TOTAL REVENUE $655,581

Expense Breakdown

Grants Paid $442,225

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $466,672

Other Expenses $24,447

TOTAL EXPENSES $466,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$655,581	$75,969	+7.6%
Expenses	$466,672	$153,463	+2.0%
Net Income	$188,909	$-77,494	-3.4%

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
JAMIE MCMANIS	DIRECTOR	N/A	Director	$0	$0	$0
JAYNE TEMPLETON	DIRECTOR	N/A	Director	$0	$0	$0
TROY WADDELL	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT AKIN	VICE-PRESIDE	N/A	Officer	$0	$0	$0
DONNA HOGAN	PRESIDENT	N/A	Officer	$0	$0	$0
JAMES RUPPERT	TREASURER	N/A	Officer	$0	$0	$0
DENNY VILLHAUER	SECRETARY	N/A	Officer	$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	$655,581	$466,672	$1,087,418	$188,909
2023	$75,969	$153,463	$898,509	$-77,494
2022	$56,641	$20,852	$976,003	$35,789
2021	$6,966	$77,351	$940,213	$-70,385
2020	$6,374	$98,161	$1,009,519	$-91,787
2019	$921,852	$99,921	$1,101,359	$821,931
2018	$219,274	$90,596	$279,111	$128,678

ACEDC FUND INC