MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC (EIN 550737283) - 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

1996

Legal Domicile

Principal Officer

THOMAS STILES

Phone

3048456200

Tax Period

2023-01-01 to 2023-12-31

MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $661K in total revenue in fiscal year 2023. Expenses of $616K left a modest 7% surplus.

Mission

THE MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL, INC. WAS FORMED TO PROMOTE BUSINESS DEVELOPMENT AND ECONOMIC DEVELOPMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $551,515

Investment Income $185

Other Revenue $109,487

TOTAL REVENUE $661,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $357,369

Fundraising Expenses $0

Program Expenses $555,153

Other Expenses $258,889

TOTAL EXPENSES $616,258

Year-over-Year Comparison

	2023	2022	Change
Revenue	$661,187	$668,828	0.0%
Expenses	$616,258	$615,931	+0.0%
Net Income	$44,929	$52,897	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY CRIPPEN	VICE PRESIDENT	003.00	Director	$0	$0	$0
KAREN BAKER	SECRETARY	003.00	Director	$0	$0	$0
CONNIE GRISELL	DIRECTOR	001.00	Director	$0	$0	$0
JOE CANESTRARO	DIRECTOR	001.00	Director	$0	$0	$0
GEORGE BAMBERGER	DIRECTOR	001.00	Director	$0	$0	$0
MIKE LOGSDON	DIRECTOR	001.00	Director	$0	$0	$0
ROSALYN RHODES	TREASURER	003.00	Director	$0	$0	$0
HOWARD COFFIELD	PRESIDENT	003.00	Director	$0	$0	$0
BETH PHILLIPS	DIRECTOR	001.00	Director	$0	$0	$0
EUGENE SAUNDERS	DIRECTOR	001.00	Director	$0	$0	$0
CAROLE WOOD	DIRECTOR	001.00	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	No data	No data	No data	No data
2023	$661,187	$616,258	$802,935	$44,929
2022	$668,828	$615,931	$759,974	$52,897
2021	$646,411	$563,464	$710,043	$82,947
2020	$450,127	$536,273	$561,534	$-86,146
2019	$583,055	$591,507	$588,692	$-8,452
2018	$624,962	$623,175	$587,932	$1,787

MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC