FRANKLIN COUNTY DEVELOPMENT COUNCIL (EIN 486107427) - 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

1946

Legal Domicile

Principal Officer

PAUL BEAN

Phone

7852421000

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN COUNTY DEVELOPMENT COUNCIL, founded in 1946, is a small nonprofit that reported $241K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROMOTE INDUSTRY AND BUSINESS DEVELOPMENT IN FRANKLN COUNTY, KS

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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 $214,121

Program Service Revenue $0

Investment Income $17,243

Other Revenue $9,672

TOTAL REVENUE $241,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,613

Fundraising Expenses $0

Program Expenses $192,185

Other Expenses $82,266

TOTAL EXPENSES $249,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,036	$221,625	+0.1%
Expenses	$249,879	$243,074	+0.0%
Net Income	$-8,843	$-21,449	-0.6%

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

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

$144,818

Total Directors

$144,818

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL BEAN	EXECUTIVE DI	40.00	Officer Director	$140,600	$4,218	$144,818
DARRON AMMAN	DIRECTOR	1.00	Director	$0	$0	$0
DEREK BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DR RYAN COBBS	DIRECTOR	1.00	Director	$0	$0	$0
ADAM FRITTS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
TERESA HODGES	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HUTCHINSON	DIRECTOR	1.00	Director	$0	$0	$0
JOE KOSKO	DIRECTOR	1.00	Director	$0	$0	$0
KIEL LASSWELL	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BILL LYTLE	DIRECTOR	1.00	Director	$0	$0	$0
CASEY LYTLE	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
RYLAND MILLER	DIRECTOR	1.00	Director	$0	$0	$0
DALLAS PURKEYPILE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SCHNIEDERS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SILCOTT	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SKIDMORE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SPRAGUE	DIRECTOR	1.00	Director	$0	$0	$0
JARRED STERLING	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDSEY SYLVESTER	DIRECTOR	1.00	Director	$0	$0	$0
BILL TSUTSUI	DIRECTOR	1.00	Director	$0	$0	$0
JOSH WALKER	DIRECTOR	1.00	Director	$0	$0	$0
COLT WAYMIRE	DIRECTOR	1.00	Director	$0	$0	$0
RYAN WILKERSON	DIRECTOR	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
2024	$241,036	$249,879	$255,639	$-8,843
2023	$221,625	$243,074	$266,044	$-21,449
2022	$236,363	$222,929	$292,594	$13,434
2021	$211,715	$213,206	$274,922	$-1,491
2020	$290,840	$308,091	$276,666	$-17,251
2019	$185,166	$127,312	$295,851	$57,854
2018	$220,616	$185,696	$234,995	$34,920

FRANKLIN COUNTY DEVELOPMENT COUNCIL