MIDDLE PENINSULA ECONOMIC DEVELOPMENT RESOURCE ORGANIZATION

EIN: 541560304 501(c)(3) Community Improvement

SALUDA, VA

Total Revenue
$43,000
Total Expenses
$14,420
Total Assets
$38,668
Net Assets
$38,668
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
VA
Principal Officer
ASHLEY CHRISCOE
Tax Period
2024-07-01 to 2025-06-30

Mission

PROVIDE LEADERSHIP INITIATIVE AND DIRECTION IN DEVELOPING AND CARRYING OUT A PLAN FOR THE ORDERLY DEVELOPMENT AND FULL UTILATION OF THE AREA'S HUMAN AND NATURAL RESOURCES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $43,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $43,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $14,420
TOTAL EXPENSES $14,420

Year-over-Year Comparison

2024 2023 Change
Revenue $43,000 N/A N/A
Expenses $14,420 $19,851 -0.3%
Net Income $28,580 $-19,851 -2.4%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY CHRISCOE VICE CHAIRMA 10.00
Officer
$0 $0 $0
LEWIS LAWRENCE SECRETARY 10.00
Officer
$0 $0 $0
LAWRENCE SIMPKINS TREASURER 3.00
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
2025 $43,000 $14,420 $38,668 $28,580
2024 No data $39,702 $-11,668 No data
2024 No data $19,851 $10,088 No data
2023 No data $13,875 $31,844 No data
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