HARVEY COUNTY ECONOMIC DEVELOPMENT COUNCIL INC

EIN: 481027523

NEWTON, KS

Total Revenue
$338,437
Total Expenses
$411,218
Total Assets
$593,826
Net Assets
$589,780
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
KS
Principal Officer
KARL MATLACK
Phone
3162836033
Tax Period
2024-01-01 to 2024-12-31

HARVEY COUNTY ECONOMIC DEVELOPMENT COUNCIL INC, founded in 1986, is a small nonprofit that reported $338K in total revenue in fiscal year 2024. Expenses of $411K exceeded revenue, resulting in a 22% operating deficit.

Mission

PROMOTION OF ECONOMIC DEVELOPMENT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $332,500
Program Service Revenue $0
Investment Income $5,937
Other Revenue $0
TOTAL REVENUE $338,437

Expense Breakdown

Grants Paid $0
Salaries & Benefits $182,932
Fundraising Expenses $0
Program Expenses $332,636
Other Expenses $228,286
TOTAL EXPENSES $411,218

Year-over-Year Comparison

2024 2023 Change
Revenue $338,437 $336,970 +0.0%
Expenses $411,218 $323,089 +0.3%
Net Income $-72,781 $13,881 -6.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
26
Independent Members
26
Employees
3
Volunteers
26

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
3
$0
Total Directors
21
$110,844
Key Employees
1
$110,844
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARL MATLACK PRESIDENT 2.00
Officer Director
$0 $0 $0
JASON JONES VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KEN KNEPPER BOARD MEMBER 2.00
Officer Director
$0 $0 $0
ROD KREIE BOARD MEMBER 2.00
Director
$0 $0 $0
ETHAN REIMER BOARD MEMBER 2.00
Director
$0 $0 $0
DENNIS TRAVIS BOARD MEMBER 2.00
Director
$0 $0 $0
KIM RYAN BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN KELLER BOARD MEMBER 2.00
Director
$0 $0 $0
MELVIN SCHADLER BOARD MEMBER 2.00
Director
$0 $0 $0
CARL HARRIS BOARD MEMBER 2.00
Director
$0 $0 $0
BOB MYERS BOARD MEMBER 2.00
Director
$0 $0 $0
MINDY BUDDE BOARD MEMBER 2.00
Director
$0 $0 $0
RON LANG BOARD MEMBER 2.00
Director
$0 $0 $0
TERRY SCOTT BOARD MEMBER 2.00
Director
$0 $0 $0
JON GERING BOARD MEMBER 2.00
Director
$0 $0 $0
JOEL GAEDDERT BOARD MEMBER 2.00
Director
$0 $0 $0
BRYAN CHAPMAN BOARD MEMBER 2.00
Director
$0 $0 $0
TIM SWEIGART BOARD MEMBER 2.00
Director
$0 $0 $0
JEREMY ASHBY BOARD MEMBER 2.00
Director
$0 $0 $0
TONY WHEELER BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH SHELTON EXECUTIVE DIRECTOR 40.00
Director Key Emp
$103,000 $7,844 $110,844
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 $338,437 $411,218 $593,826 $-72,781
2023 $336,970 $323,089 $665,888 $13,881
2022 $334,623 $321,965 $654,298 $12,658
2021 $333,047 $282,799 $636,963 $50,248
2020 $332,500 $292,682 $588,823 $39,818
2019 $334,616 $299,868 $549,186 $34,748
2018 $313,141 $279,220 $513,854 $33,921
Explore More Nonprofits
→Top 100 Nonprofits in Kansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HARVEY COUNTY ECONOMIC DEVELOPMENT COUNCIL INC with other nonprofits in Kansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.