CENTRAL TEXAS CERTIFIED DEVELOPMENT CO (EIN 742235418) - 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

1983

Legal Domicile

Principal Officer

VAN SMITH

Phone

2548998546

Tax Period

2019-01-01 to 2019-12-31

CENTRAL TEXAS CERTIFIED DEVELOPMENT CO, founded in 1983, is a small nonprofit that reported $148K in total revenue in fiscal year 2019. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $199K exceeded revenue, resulting in a 35% operating deficit.

Mission

PROVIDE LOAN PROGRAMS IN ORDER TO ASSIST 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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $71,509

Program Service Revenue $63,969

Investment Income $12,440

Other Revenue $0

TOTAL REVENUE $147,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,530

Fundraising Expenses $0

Other Expenses $48,629

TOTAL EXPENSES $199,159

Year-over-Year Comparison

	2019	2018	Change
Revenue	$147,918	$191,302	-0.2%
Expenses	$199,159	$153,324	+0.3%
Net Income	$-51,241	$37,978	-2.3%

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

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

$76,431

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN YANCEY	DIRECTOR	0.00	Officer Director	$0	$0	$0
RANDY RAMSEY	DIRECTOR	0.00	Officer Director	$0	$0	$0
BOBBY VIERTEL	DIRECTOR	0.00	Director	$0	$0	$0
STEVE WATSON	DIRECTOR	0.00	Director	$0	$0	$0
JAYSON LAM	DIRECTOR	0.00	Director	$0	$0	$0
BRAD HARRELL	DIRECTOR	0.00	Director	$0	$0	$0
MIKE BEEVERS	DIRECTOR	0.00	Director	$0	$0	$0
JAY WALKER	DIRECTOR	0.00	Director	$0	$0	$0
VAN SMITH	PRESIDENT/CEO	40.00	Officer	$76,431	$0	$76,431

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	$147,918	$199,159	$35,475	$-51,241
2018	$191,302	$153,324	$78,640	$37,978

CENTRAL TEXAS CERTIFIED DEVELOPMENT CO