Delta Research Education and Devel… - 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

1989

Legal Domicile

Principal Officer

Vickie Robertson

Phone

8707321723

Tax Period

2024-01-01 to 2024-12-31

Delta Research Education and Development Foundation, founded in 1989, is a small nonprofit that reported $271K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $119K, a strong 44% operating margin.

Mission

DRED's mission is to provide decent and affordable housing for low to moderate income families in Crittenden County.

Program Service Accomplishments

Program 1

Expenses: $29,553

Rehab of housing units

Program 2

Expenses: $40,794

Property insurance

Program 3

Expenses: $14,399

property taxes

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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 $270,585

TOTAL REVENUE $270,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,516

Fundraising Expenses $0

Program Expenses $84,746

Other Expenses $43,399

TOTAL EXPENSES $151,915

Year-over-Year Comparison

	2024	2023	Change
Revenue	$270,585	$402,510	-0.3%
Expenses	$151,915	$131,254	+0.2%
Net Income	$118,670	$271,256	-0.6%

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

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	Role	Reportable Comp	Other Comp	Total
VICKIE ROBERTSON	Executive Director	Director	$0	$0	$0
TAMMY DOTSON	member	Director	$0	$0	$0
RANDY SMITH	member	Director	$0	$0	$0
TONY MARSHALL	member	Director	$0	$0	$0
JOYCE WASHINGTON	member	Director	$0	$0	$0
ANGELA ROBINSON	member	Director	$0	$0	$0
JOANN FAULKNER	President	Officer	$0	$0	$0
DETONYA CROCKETT	Vice President	Officer	$0	$0	$0
VALENCIA BATES	Secretary	Officer	$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	$270,585	$151,915	$565,220	$118,670
2023	$402,510	$131,254	$698,899	$271,256
2022	$177,932	$124,802	$763,350	$53,130
2021	$177,435	$135,174	$901,585	$42,261

Delta Research Education and Development Foundation