Dania Economic Development Corp Inc

EIN: 592298406 501(c)(3) Community Improvement

Dania Beach, FL

Total Revenue
$362,275
Total Expenses
$361,313
Total Assets
N/A
Net Assets
N/A
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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
1982
Legal Domicile
FL
Phone
9549217050
Tax Period
2024-01-01 to 2024-12-31

Dania Economic Development Corp Inc, founded in 1982, is a small nonprofit in the Community Improvement sector that reported $362K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

To raise the economic, educational and social levels of the underpriviledged residents of Dania, FL, who are substantially under-employed and have low income, by fostering and promoting community-wide interest and concern for the problems of such residents.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $357,253
Investment Income $0
Other Revenue $5,022
TOTAL REVENUE $362,275

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,345
Fundraising Expenses $0
Program Expenses $361,313
Other Expenses $219,959
TOTAL EXPENSES $361,313

Year-over-Year Comparison

2024 2023 Change
Revenue $362,275 $268,513 +0.3%
Expenses $361,313 N/A N/A
Net Income $962 $268,513 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
0
$0
Total Directors
0
$0
Key Employees
2
$107,148
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Executive Director 40.00
Key Emp Highest
$81,895 $0 $81,895
N/A Administrative Aide 20.00
Key Emp
$25,253 $0 $25,253
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 $362,275 $361,313 No data $962
2022 $474,716 $397,494 No data $77,222
2021 No data No data No data No data
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