UT-BATTELLE DEVELOPMENT CORPORATION (EIN 621867598) - 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

2001

Legal Domicile

Principal Officer

ANDREW PETZOLD

Phone

8652418657

Tax Period

2023-10-01 to 2024-09-30

UT-BATTELLE DEVELOPMENT CORPORATION, founded in 2001, is a mid-sized nonprofit in the Science & Technology sector that reported $17.9M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $3.4M, a strong 19% operating margin.

Mission

MANAGEMENT OF SCIENTIFIC FACILITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,530,751

Program Service Revenue $11,720,312

Investment Income $86,656

Other Revenue $3,529,971

TOTAL REVENUE $17,867,690

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,203,208

Other Expenses $14,443,244

TOTAL EXPENSES $14,443,244

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,867,690	$20,499,769	-0.1%
Expenses	$14,443,244	$17,243,670	-0.2%
Net Income	$3,424,446	$3,256,099	+0.1%

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

$1,049,499

Total Directors

$429,654

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR JUAN ALVAREZ	CHAIR	0.00	Director	$0	$0	$0
DAVID BRADSHAW	DIRECTOR	0.00	Director	$0	$0	$0
DR ROBERT VAN HOOK	DIRECTOR	0.00	Director	$0	$0	$0
DR SUSAN HUBBARD	DIRECTOR	0.00	Director	$0	$0	$0
MR JIMMY STONE	PRESIDENT	2.83	Officer Director	$0	$16,246	$429,654
DR KARI BABSKI-REEVES	DIRECTOR	0.00	Director	$0	$0	$0
MRS ANN WEAVER	VICE PRESIDENT	0.22	Officer	$0	$27,256	$328,042
MR ANDREW PETZOLD	CHIEF FINANCIAL OFFICER	0.59	Officer	$0	$24,429	$246,053
MRS NICOLE PORTER	GENERAL COUNSEL AND SECRET	2.88	Officer	$45,750	$0	$45,750

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	$17,867,690	$14,443,244	$64,773,144	$3,424,446
2023	$20,499,769	$17,243,670	$69,353,883	$3,256,099
2022	$23,986,732	$21,194,718	$72,644,900	$2,792,014
2021	$25,092,560	$22,937,551	$76,867,878	$2,155,009
2020	$47,588,149	$44,866,848	$85,515,755	$2,721,301
2019	$36,682,909	$33,683,265	$86,843,469	$2,999,644
2018	$16,076,367	$14,382,847	$83,512,045	$1,693,520

UT-BATTELLE DEVELOPMENT CORPORATION