CENTRAL TEXAS ECONOMIC DEVELOPMENT DIST

EIN: 741565842 501(c)(3)

BELTON, TX

Total Revenue
$106,134
Total Expenses
$94,853
Total Assets
$3,734,866
Net Assets
$3,732,096
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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
1983
Legal Domicile
TX
Principal Officer
VAN SMITH
Phone
2548998546
Tax Period
2019-01-01 to 2019-12-31

CENTRAL TEXAS ECONOMIC DEVELOPMENT DIST, founded in 1983, is a small nonprofit that reported $106K in total revenue in fiscal year 2019. Revenue decreased 19% compared to the prior year. Expenses of $95K left a modest 11% surplus.

Mission

ASSISTS GOVERNMENTS IN 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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $494
Investment Income $0
Other Revenue $105,640
TOTAL REVENUE $106,134

Expense Breakdown

Grants Paid $71,509
Salaries & Benefits $13,321
Fundraising Expenses $0
Program Expenses $71,509
Other Expenses $10,023
TOTAL EXPENSES $94,853

Year-over-Year Comparison

2019 2018 Change
Revenue $106,134 $130,930 -0.2%
Expenses $94,853 $97,181 0.0%
Net Income $11,281 $33,749 -0.7%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
$7,500
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE GREEN SECRETARY/TREASURER 0.00
Director
$0 $0 $0
CAROL BAJER VICE CHAIRMAN 0.00
Director
$0 $0 $0
HON BILLY WALDROP DIRECTOR 0.00
Director
$0 $0 $0
VAN SMITH EXECUTIVE DIRECTOR 40.00
Officer
$7,500 $0 $7,500
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
2019 $106,134 $94,853 $3,734,866 $11,281
2018 $130,930 $97,181 $3,720,812 $33,749
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