DAVIDSON COUNTY ECONOMIC DEVELOPMENT COMMISSION (EIN 561556790) - 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

1986

Legal Domicile

Principal Officer

TODD YATES

Phone

3362407281

Tax Period

2024-07-01 to 2025-06-30

DAVIDSON COUNTY ECONOMIC DEVELOPMENT COMMISSION, founded in 1986, is a micro nonprofit that reported $45K in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. Expenses of $57K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROMOTE INDUSTRY IN DAVIDSON COUNTY

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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 $23,500

Program Service Revenue $0

Investment Income $21,415

Other Revenue $0

TOTAL REVENUE $44,915

Expense Breakdown

Grants Paid $23,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $33,844

TOTAL EXPENSES $57,344

Year-over-Year Comparison

	2024	2023	Change
Revenue	$44,915	$20,841	+1.2%
Expenses	$57,344	$222,691	-0.7%
Net Income	$-12,429	$-201,850	-0.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD YATES	PRESIDENT &	N/A	Director	$0	$0	$0
JASON HAYES	VICE CHAIRMA	N/A	Director	$0	$0	$0
JOHN BYRUM	DIRECTOR	N/A	Director	$0	$0	$0
LARRY WARD	DIRECTOR	N/A	Director	$0	$0	$0
RALEIGH YORK	DIRECTOR	N/A	Director	$0	$0	$0
LARRY POTTS	DIRECTOR	N/A	Director	$0	$0	$0
JOHN BURKE	ALTERNATE DI	N/A	Director	$0	$0	$0
SCOTT MORRIS	ALTERNATE DI	N/A	Director	$0	$0	$0
FRED MCCLURE	ALTERNATE DI	N/A	Director	$0	$0	$0
JACKIE EDWARDS	ALTERNATE DI	N/A	Director	$0	$0	$0
HUNTER THRIFT	ALTERNATE DI	N/A	Director	$0	$0	$0
ALLEN TODD	ALTERNATE DI	N/A	Director	$0	$0	$0
CASEY SMITH	FACILITATOR	N/A	Director	$0	$0	$0
SCOTT MORRIS	ALTERNATE DI	N/A	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	$44,915	$57,344	$591,471	$-12,429
2024	$20,841	$222,691	$603,900	$-201,850
2023	$386,453	$407,933	$798,792	$-21,480
2022	$374,386	$409,951	$820,272	$-35,565
2021	$430,827	$347,554	$855,837	$83,273
2020	$375,432	$385,693	$1,343,501	$-10,261
2019	$390,462	$533,440	$1,403,762	$-142,978

DAVIDSON COUNTY ECONOMIC DEVELOPMENT COMMISSION