BALLARD COUNTY ECONOMIC & INDUSTRI… - Form 990 Financial Data

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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

2018

Legal Domicile

Principal Officer

ANNA ABERNATHY

Phone

2704622394

Tax Period

2024-07-01 to 2025-06-30

Mission

WORK TO SUPPORT LOCAL BUSINESSES AND DEVELOP NEW BUSINESS & INDUSTRY FOR BALLARD COUNTY AND THE SURROUNDING AREA OF WESTERN KENTUCKY. THE MISSION INCLUDES BRINGING GROWTH & STABILITY TO OUR AREA THROUGH RETENTION AND ATTRACTION OF WELL PAYING & REWARDING JOBS.

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES SECURE RENTAL OF OFFICE SPACE FOR CONTRACTORS WORKING AT THE GASEOUS DIFFUSION PLANT. RENTAL RATES ARE REASONABLE AND LEASES ARE FLEXIBLE AS SOME CONTRACTORS' JOB TERM CAN...

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$28,882	-1.0%
Expenses	N/A	$180,888	-1.0%
Net Income	N/A	$-152,006	N/A

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

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
ANNA ABERNATHY	Chairman	20.00	Officer Director	$0	$0	$0
JERRY PACE	Vice Chairman	10.00	Officer Director	$0	$0	$0
SHARI DAMRON	Secretary	10.00	Officer Director	$0	$0	$0
CASEY ALLEN	Director	2.00	Director	$0	$0	$0
TODD COOPER	Director	2.00	Director	$0	$0	$0
JOHN EVANS	Director	2.00	Director	$0	$0	$0
BOB FAULKNER	Director	2.00	Director	$0	$0	$0
RODNEY HILL	Director	2.00	Director	$0	$0	$0
TRAVIS HOLDER	Director	2.00	Director	$0	$0	$0
ROGER SHAW	Director	2.00	Director	$0	$0	$0
ASHLEY TURNER	Director	2.00	Director	$0	$0	$0
NATHAN WHIPPLE	Director	2.00	Director	$0	$0	$0
HANNAH CHRETIEN	Director	40.00	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
2025	No data	No data	$1,558,789	No data
2022	$149,797	$369,937	$2,191,581	$-220,140
2021	$74,001	$360,576	$2,343,934	$-286,575

BALLARD COUNTY ECONOMIC & INDUSTRIAL DEVELOPMENT BOARD