National Association of Developmen… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

Joe C McKinney

Phone

2029214440

Tax Period

2023-01-01 to 2023-12-31

National Association of Development Organizations Research Foundation, founded in 1988, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum.

Mission

Conduct training and research related to emerging practices, trends and innovations in the regional planning and development field.

Program Service Accomplishments

Program 1

Expenses: $1,175,775

Organizational Capacity and Professional Development: Training webinars provide an in-depth look at the latest news and trends affecting regional development organization management, staffing, and...

Organizational Capacity and Professional Development: Training webinars provide an in-depth look at the latest news and trends affecting regional development organization management, staffing, and reporting. Topics include accounting standards, board engagement, new executive director training, social media strategies, and much more. Each webinar is led by an expert in the field who will provide best practices and examples.

Program 2

Expenses: $748,501 Revenue: $137,450

Transportation Initiatives - To promote stronger integration of regional transportation and economic development planning and investments to improve the nation's economic competitiveness.

Program 3

Expenses: $251,070

Resilient regions: In partnership with Rupri and the U.S. Economic Development Administration (EDA), NADO is working to assist regions in taking a more pro-active approach to pre-disaster...

Resilient regions: In partnership with Rupri and the U.S. Economic Development Administration (EDA), NADO is working to assist regions in taking a more pro-active approach to pre-disaster preparedness and post-disaster economic recovery. Through partnerships and training, NADO is working with regional development organizations (RDOs) and other partners to explore methods to hasten post-disaster economic recovery and reduce the long-term financial burden of disasters (natural disasters as well as economic disasters) on impacted communities, businesses, and individuals.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,224,521

Program Service Revenue $137,450

Investment Income $719

Other Revenue $0

TOTAL REVENUE $2,362,690

Expense Breakdown

Grants Paid $357,280

Salaries & Benefits $1,205,200

Fundraising Expenses $0

Program Expenses $2,175,346

Other Expenses $830,377

TOTAL EXPENSES $2,392,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,362,690	$1,250,992	+0.9%
Expenses	$2,392,857	$1,249,175	+0.9%
Net Income	$-30,167	$1,817	-17.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$263,775

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Brown	President	2.00	Officer Director	$0	$0	$0
Charlie Baker	Treasurer	2.00	Officer Director	$0	$0	$0
Nicole Griensewic	Secretary	2.00	Officer Director	$0	$0	$0
Rick Hunsaker	Director	2.00	Director	$0	$0	$0
Matthew Dolge	Director	2.00	Director	$0	$0	$0
Chris Fetzer	Director	2.00	Director	$0	$0	$0
Joe C McKinney	Executive Director	2.00	Officer	$11,316	$37,445	$263,775
Laurie Thompson	Deputy Director	35.00	Highest	$129,919	$33,152	$181,630

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	No data	No data	No data	No data
2023	$2,362,690	$2,392,857	$1,456,333	$-30,167
2022	$1,250,992	$1,249,175	$792,221	$1,817
2021	$1,328,032	$1,309,095	$622,548	$18,937
2020	$756,861	$778,867	$542,931	$-22,006
2019	$904,546	$903,131	$560,092	$1,415
2018	$1,007,814	$951,570	$417,439	$56,244

National Association of Development Organizations Research Foundation