MARION COUNTY INDUSTRIAL FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

BOBBY MILES

Phone

2706926002

Tax Period

2025-01-01 to 2025-12-31

MARION COUNTY INDUSTRIAL FOUNDATION, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $836K in total revenue in fiscal year 2025. Revenue surged 112% from the prior year, signaling strong growth momentum. The organization ran a surplus of $496K, a strong 59% operating margin.

Mission

INDUSTRIAL DEVELOPMENT IN LEBANON AND MARION COUNTY, KENTUCKY

Program Service Accomplishments

Program 1

Expenses: $51,940

INDUSTRIAL DEVELOPMENT IN LEBANON AND MARION COUNTY, KENTUCKY. SEE PDF ATTACHED FOR LIST OF ACCOMPLISHMENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $788,680

Program Service Revenue $0

Investment Income $13,197

Other Revenue $33,672

TOTAL REVENUE $835,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,226

Fundraising Expenses $0

Program Expenses $339,838

Other Expenses $120,612

TOTAL EXPENSES $339,838

Year-over-Year Comparison

	2025	2024	Change
Revenue	$835,549	$393,952	+1.1%
Expenses	$339,838	$364,824	-0.1%
Net Income	$495,711	$29,128	+16.0%

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

Governance

Voting Members

Independent Members

Employees

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
BOBBY MILES	PRESIDENT	N/A	Officer	$0	$0	$0
WILLIAM P THOMPSON	DIRECTOR	N/A	Director	$0	$0	$0
GEORGE SPRAGENS	SECRETARY/TR	N/A	Officer	$0	$0	$0
JOSH EVANS	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTINA MCRAY	DIRECTOR	N/A	Director	$0	$0	$0
DAVID DAUGHERTY	DIRECTOR	N/A	Director	$0	$0	$0
JIMMY HIGDON	DIRECTOR	N/A	Director	$0	$0	$0
JOE SPALDING	DIRECTOR	N/A	Director	$0	$0	$0
DENISE THOMAS	DIRECTOR	N/A	Director	$0	$0	$0
JANET SHECKLES	DIRECTOR	N/A	Director	$0	$0	$0
DR DAVID GEORGE	DIRECTOR	N/A	Director	$0	$0	$0
GARY CRENSHAW	DIRECTOR	N/A	Director	$0	$0	$0
AUBRI OSBOURNE	DIRECTOR	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	$835,549	$339,838	$9,525,374	$495,711
2024	$393,952	$364,824	$8,275,667	$29,128
2023	$715,709	$718,895	$8,270,751	$-3,186
2022	$726,204	$263,185	$8,394,911	$463,019
2021	$237,307	$329,236	$7,976,362	$-91,929
2020	$382,180	$268,476	$8,091,088	$113,704