OWENSBORO DAVIESS CO INDUSTRIAL FOUNDATION INC (EIN 616033839) - 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

1957

Legal Domicile

Principal Officer

SCOTT H MCCAIN

Phone

2709264540

Tax Period

2024-01-01 to 2024-12-31

OWENSBORO DAVIESS CO INDUSTRIAL FOUNDATION INC, founded in 1957, is a micro nonprofit that reported $96K in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 60% operating margin.

Mission

PROVIDE LAND FOR ECONOMIC DEVELOPMENT

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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 $96,319

Other Revenue $0

TOTAL REVENUE $96,319

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,260

TOTAL EXPENSES $38,260

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,319	$53,607	+0.8%
Expenses	$38,260	$38,440	0.0%
Net Income	$58,059	$15,167	+2.8%

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

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
SCOTT MCCAIN	PRESIDENT, DIRECTOR	1.00	Officer Director	$0	$0	$0
JOSEPH A HANCOCK	TREASURER, DIRECTOR	1.00	Officer Director	$0	$0	$0
MIKE SULLIVAN	SECRETARY, DIRECTOR	1.00	Officer Director	$0	$0	$0
STAN CONN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM J THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
J ADAM HANCOCK	DIRECTOR	1.00	Director	$0	$0	$0
TIM LYONS	DIRECTOR	1.00	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
2024	$96,319	$38,260	$3,718,423	$58,059
2023	$53,607	$38,440	$3,660,364	$15,167
2022	$254,102	$38,683	$3,647,147	$215,419
2021	$35,123	$43,525	$3,446,903	$-8,402
2020	$167,831	$55,031	$3,441,432	$112,800
2019	$417,546	$53,898	$3,377,755	$363,648
2018	$14,994	$43,628	$3,022,857	$-28,634

OWENSBORO DAVIESS CO INDUSTRIAL FOUNDATION INC