CENTER FOR ENTREPRENEURIAL DEVELOPMENT (EIN 561399587) - 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

1984

Legal Domicile

Principal Officer

ALEX BLOOM

Phone

9195497500

Tax Period

2024-07-01 to 2025-06-30

CENTER FOR ENTREPRENEURIAL DEVELOPMENT, founded in 1984, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 128% operating deficit.

Mission

TO CONNECT ENTREPRENEURIAL COMPANIES WITH HIGH VALUE RESOURCES TO ACCELERATE BUSINESS GROWTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $395,694

Program Service Revenue $595,057

Investment Income $14,072

Other Revenue $0

TOTAL REVENUE $1,004,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $664,023

Fundraising Expenses $143,046

Program Expenses $1,497,633

Other Expenses $1,623,892

TOTAL EXPENSES $2,287,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,004,823	$1,469,741	-0.3%
Expenses	$2,287,915	$1,655,300	+0.4%
Net Income	$-1,283,092	$-185,559	+5.9%

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

148

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

$199,874

Total Directors

$199,874

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY ROWELL	PRESIDENT & CEO	40.00	Officer Director	$185,400	$14,474	$199,874
WILLIAM SPRUILL	CHAIR/EXECUTIVE COMMITTEE	1.00	Officer Director	$0	$0	$0
TIM WILSON	SECRETARY/EXEC COMMITTEE	1.00	Officer Director	$0	$0	$0
MICHAEL CROOKE	TREASURER/EXEC COMMITTEE	1.00	Officer Director	$0	$0	$0
SUSAN COOK	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
MICHELLE EGGER	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
TIM MCLOUGHLIN	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
GALEN ROBERTSON	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
KARL RECTANUS	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
SCOTT UKNES	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
ELIZABETH KELLY	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
SUSAN WALL	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
ANNALISE PERRY	EXECUTIVE COMMITTEE	0.05	Director	$0	$0	$0
SILVIA AGUIRRE	DIRECTOR	0.05	Director	$0	$0	$0
NEIL BAGCHI	DIRECTOR	0.05	Director	$0	$0	$0
RYAN BETHENCOURT	DIRECTOR	0.05	Director	$0	$0	$0
GREGGORY BORDES	DIRECTOR	0.05	Director	$0	$0	$0
SCOTT BRYANT	DIRECTOR	0.05	Director	$0	$0	$0
TONI BUCCI	DIRECTOR	0.05	Director	$0	$0	$0
SHILA BURNEY	DIRECTOR	0.05	Director	$0	$0	$0
BARB COURY	DIRECTOR	0.05	Director	$0	$0	$0
MATTHEW COOKE	DIRECTOR	0.05	Director	$0	$0	$0
DOUG EISNER	DIRECTOR	0.05	Director	$0	$0	$0
ANNE ENGLISH	DIRECTOR	0.05	Director	$0	$0	$0
TIM FLEISHMAN	DIRECTOR	0.05	Director	$0	$0	$0
WADE FULGRUM	DIRECTOR	0.05	Director	$0	$0	$0
ALEX GRAY	DIRECTOR	0.05	Director	$0	$0	$0
LILYN HESTER	DIRECTOR	0.05	Director	$0	$0	$0
MARILIIS HOLM	DIRECTOR	0.05	Director	$0	$0	$0
JACKIE MANCINI	DIRECTOR	0.05	Director	$0	$0	$0
TRAVIS MILKS	DIRECTOR	0.05	Director	$0	$0	$0
KEVIN MOSELY	DIRECTOR	0.05	Director	$0	$0	$0
BRADLEY MOORING	DIRECTOR	0.05	Director	$0	$0	$0
BRETT NOEL	DIRECTOR	0.05	Director	$0	$0	$0
SONNA PATEL-RAMAN	DIRECTOR	0.05	Director	$0	$0	$0
CARLOS PIGNATORO	DIRECTOR	0.05	Director	$0	$0	$0
MAHATI SRIDHAR	DIRECTOR	0.05	Director	$0	$0	$0
MEGANN VAUGHN WATTERS	DIRECTOR	0.05	Director	$0	$0	$0
BLAIR WILLETTE	DIRECTOR	0.05	Director	$0	$0	$0
HUNTER YOUNG	HEAD OF CAPITAL	40.00	Highest	$127,292	$9,557	$136,849
BRENNAN BARBER	HEAD OF BUSINESS DVLP	40.00	Highest	$124,913	$9,951	$134,864
JAY BIGLOW	HEAD OF ENTREPRENEURSHIP	40.00	Highest	$147,745	$20,203	$167,948

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	$1,004,823	$2,287,915	$2,621,427	$-1,283,092
2024	$1,469,741	$1,655,300	$3,918,556	$-185,559
2023	$4,882,167	$1,256,192	$4,234,725	$3,625,975
2022	$1,072,441	$928,255	$614,318	$144,186
2021	$802,758	$883,161	$598,277	$-80,403
2020	$1,036,965	$1,385,471	$668,600	$-348,506
2019	$1,618,449	$1,685,755	$732,370	$-67,306

CENTER FOR ENTREPRENEURIAL DEVELOPMENT