LOCAL GOVERNMENT CORPORATION (EIN 621005866) - 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

1977

Legal Domicile

Phone

9313811155

Tax Period

2024-07-01 to 2025-06-30

LOCAL GOVERNMENT CORPORATION, founded in 1977, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $22.1M in total revenue in fiscal year 2024.

Mission

THE MISSION IS TO LESSEN THE BURDENS OF LOCAL GOVERNMENTS IN MEETING THEIR UNIQUE INFORMATION TECHNOLOGY NEEDS BY PROVIDING QUALITY, AFFORDABLE TECHNOLOGY AND RELATED SERVICES TO FILL THE GAP BETWEEN THE PRIVATE SECTOR'S NEEDS AND THE UNIQUE NEEDS OF LOCAL GOVERNMENTS.

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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 $21,177,516

Investment Income $577,926

Other Revenue $301,558

TOTAL REVENUE $22,057,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,002,050

Fundraising Expenses $0

Program Expenses $17,966,132

Other Expenses $3,122,782

TOTAL EXPENSES $22,124,832

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,057,000	$21,684,320	+0.0%
Expenses	$22,124,832	$20,131,188	+0.1%
Net Income	$-67,832	$1,553,132	-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

Governance

Voting Members

Independent Members

Employees

155

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

$876,344

Total Directors

$327,452

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE D COLLIER	President	40.00	Officer Director	$278,281	$49,171	$327,452
DAVID THOMAS	EXECUTIVE VP	40.00	Officer	$234,938	$41,076	$276,014
JIM GILBERT	Vice President	40.00	Officer	$235,000	$37,878	$272,878
JASON ABBOTT	PROGRAMMER	40.00		$188,523	$42,755	$231,278
BRIAN PERRY	DIRECTOR	40.00		$181,109	$37,233	$218,342
JAMES PARSONS	PROGRAMMER	40.00		$185,755	$21,678	$207,433
ROBERT WOODWARD	PROGRAMMER	40.00		$165,957	$39,565	$205,522
RANDY MERCER	DIRECTOR	40.00		$167,292	$37,443	$204,735
JEFFREY CRANE	PROGRAMMER	40.00		$165,500	$37,875	$203,375
LISA CARTER	DIRECTOR	40.00		$165,149	$36,249	$201,398
BAILEY TOWNSEND	PROGRAMMER	40.00		$144,928	$37,056	$181,984
TRAVIS HUNT	PROGRAMMER	40.00		$146,525	$34,870	$181,395
TISHA HOLT	PROGRAMMER	40.00		$141,920	$37,040	$178,960
JOEL LOVE	MANAGER	40.00		$140,295	$36,881	$177,176
STEVE SIMMONS	MANAGER	40.00		$146,059	$10,247	$156,306
T J JONES	Chairman	1.00	Director	$0	$0	$0
JAMES CORNELIUS	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC SPENCER	BOARD MEMBER	1.00	Director	$0	$0	$0
J RODNEY CARMICAL	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURIN WHEATON	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE LOCKHART	BOARD MEMBER	1.00	Director	$0	$0	$0
DR DON L WEISS JR	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG LUKONEN	BOARD MEMBER	1.00	Director	$0	$0	$0
WESLEY ROBERTSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN RUNION	BOARD MEMBER	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
2025	$22,057,000	$22,124,832	$11,435,561	$-67,832
2024	No data	No data	No data	No data
2023	$20,450,184	$21,161,184	$9,887,931	$-711,000
2022	$20,291,836	$20,630,930	$10,539,387	$-339,094
2021	$19,833,141	$18,433,156	$10,254,826	$1,399,985
2020	$15,403,989	$16,328,306	$10,871,257	$-924,317
2019	$14,856,687	$13,963,155	$9,665,992	$893,532
2018	$13,137,591	$12,737,966	$8,474,976	$399,625

LOCAL GOVERNMENT CORPORATION