ECDC ENTERPRISE DEVELOPMENT GROUP (EIN 541993252) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Phone

7036850510

Tax Period

2024-10-01 to 2025-09-30

ECDC Enterprise Development Group, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2019. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $491K, a strong 24% operating margin.

Mission

TO PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT BY SERVING AS MICROLOAN INTERMEDIARY, PROVIDING TECHNICAL ASSISTANCE, AND MICRO FINANCING TO SMALL BUSINESSES OPERATED BY LOW TO MODERATE INCOME ENTERPENEURS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,860,332

Program Service Revenue $938,384

Investment Income $169,736

Other Revenue $29,477

TOTAL REVENUE $3,997,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,211,881

Fundraising Expenses $0

Program Expenses $1,632,549

Other Expenses $821,309

TOTAL EXPENSES $2,033,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,997,929	$4,455,146	-0.1%
Expenses	$2,033,190	$2,121,099	0.0%
Net Income	$1,964,739	$2,334,047	-0.2%

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

$671,359

Total Directors

$380,352

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TSEHAYE TEFERRA	PRESIDENT	24.00	Officer Director	$75,582	$70,178	$380,352
ALLENE F WRIGHT	VICE PRESIDENT	4.00	Officer	$0	$90,400	$291,007
JOHN E AGWAZ	DIRECTORTRUSTEE	1.00	Director	$0	$0	$0
FREDERICK SCHULTZ Jr	DIRECTORTRUSTEE	1.00	Director	$0	$0	$0
HAGOS SEYOUM	DIRECTORTRUSTEE	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
2025	$3,997,929	$2,033,190	$25,728,244	$1,964,739
2024	$4,455,146	$2,121,099	$23,070,507	$2,334,047
2023	$3,099,812	$1,878,882	$23,316,730	$1,220,930
2022	$5,175,747	$1,909,201	$19,227,523	$3,266,546
2021	$3,330,127	$1,602,449	$14,865,916	$1,727,678
2020	$2,037,737	$1,546,698	$14,438,912	$491,039

ECDC ENTERPRISE DEVELOPMENT GROUP