Norton Development Corp (EIN 480930240) - 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

1994

Legal Domicile

Principal Officer

LINDSAY PETERSON

Phone

7858773341

Tax Period

2022-01-01 to 2022-12-31

Norton Development Corp, founded in 1994, is a micro nonprofit in the Community Improvement sector that reported $2K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1K, a strong 86% operating margin.

Mission

COMMUNITY ORGANIZATION WHICH FACILITATES IN GIVING GRANT AND LOAN MONEY TO BUSINESSES TO HELP IMPROVE RURAL DEVELOPMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $526

Program Service Revenue $0

Investment Income $1,081

Other Revenue $0

TOTAL REVENUE $1,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $233

TOTAL EXPENSES $233

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,607	$60,319	-1.0%
Expenses	$233	$64,563	-1.0%
Net Income	$1,374	$-4,244	-1.3%

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

N/A

Independent Members

N/A

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
JENNIFER HAUSER	Director	1.00	Director	$0	$0	$0
NANCY KENT	DIRECTOR	1.00	Director	$0	$0	$0
SARAH BREHMER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ENGELBERT	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCCLYMONT	DIRECTOR	1.00	Director	$0	$0	$0
COLETTE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
TROY COLLINS	DIRECTOR	1.00	Director	$0	$0	$0
CHASE RICE	DIRECTOR	1.00	Director	$0	$0	$0
JULIA NELSON	DIRECTOR	1.00	Director	$0	$0	$0
BROCK MILLER	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY PETERSON	EXECUTIVE DIRECTOR	2.00	Officer Director	$0	$0	$0
BETHANY SHIRK	DIRECTOR OF COMMUNICATION PROGRAMS	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
2022	$1,607	$233	$160,561	$1,374
2021	$60,319	$64,563	$156,783	$-4,244
2020	$13,413	$2,470	$161,027	$10,943
2019	$54,704	No data	$203,778	No data
2018	$68,118	$71,938	$310,975	$-3,820

Norton Development Corp