GREATER ROANOKE DEVELOPMENT FOUNDATION

EIN: 546047752

ROANOKE, VA

Total Revenue
$72,375
Total Expenses
$11,843
Total Assets
$1,376,751
Net Assets
$1,376,751
🔒

Tuckman-Chang Vulnerability Assessment

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

Principal Officer
ERIC SICHAU
Phone
5409830700
Tax Period
2023-07-01 to 2024-06-30

GREATER ROANOKE DEVELOPMENT FOUNDATION is a small nonprofit that reported $222K in total revenue in fiscal year 2018. Revenue surged 38798% from the prior year, signaling strong growth momentum. The organization ran a surplus of $143K, a strong 64% operating margin.

Mission

PROMOTE ECONOMIC GROWTH

🔒

Trantor Score

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

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $72,375
Other Revenue $0
TOTAL REVENUE $72,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $11,843
TOTAL EXPENSES $11,843

Year-over-Year Comparison

2023 2022 Change
Revenue $72,375 $10,425 +5.9%
Expenses $11,843 $10,385 +0.1%
Net Income $60,532 $40 +1512.3%
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
15
Independent Members
14
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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY JACKSON Director 0.00
Director
$0 $0 $0
CINDY RADFORD Director 0.00
Director
$0 $0 $0
ERIC SICHAU PRESIDENT/SEC 0.00
Officer Director
$0 $0 $0
JOHN HULL Director 0.00
Director
$0 $0 $0
MARY ANNE MCELMURRAY Treasurer 0.00
Officer Director
$0 $0 $0
VIC GILCHRIST Director 0.00
Director
$0 $0 $0
BILL POE Vice Chairman 0.00
Officer Director
$0 $0 $0
MATT HUFF Director 0.00
Director
$0 $0 $0
W LEE WILHELM III PAST CHAIRMAN 0.00
Officer Director
$0 $0 $0
DAWN DEHART Director 0.00
Director
$0 $0 $0
PAUL NESTER Director 0.00
Director
$0 $0 $0
BETH DOUGHTY Director 0.00
Director
$0 $0 $0
KENNETH LANFORD Director 0.00
Director
$0 $0 $0
NATHAN KERR Director 0.00
Director
$0 $0 $0
KEN RANDOLPH Chairman 0.00
Officer 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 No data No data No data No data
2024 $72,375 $11,843 $1,376,751 $60,532
2023 $10,425 $10,385 $1,331,286 $40
2022 $825 $10,384 $1,310,052 $-9,559
2021 $5,537 $10,301 $1,325,770 $-4,764
2020 $18,072 $9,777 $1,334,423 $8,295
2019 $222,107 $79,148 $1,322,111 $142,959
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREATER ROANOKE DEVELOPMENT FOUNDATION with other nonprofits in Virginia and across the country.