Medina Economic Development Foundation Inc

EIN: 742518686 501(c)(3) Human Services

Hondo, TX

Total Revenue
$227,185
Total Expenses
$55,073
Total Assets
$276,133
Net Assets
$276,133
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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
1988
Legal Domicile
TX
Phone
8304442208
Tax Period
2020-01-01 to 2020-12-31

Medina Economic Development Foundation Inc, founded in 1988, is a small nonprofit in the Human Services sector that reported $227K in total revenue in fiscal year 2020. The organization ran a surplus of $172K, a strong 76% operating margin.

Mission

To promote economic growth in Medina County through the attraction of new businesses and industry by identifying resources (state, regional and local) that enhance 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 (2020)

Revenue Breakdown

Contributions & Grants $227,153
Program Service Revenue $0
Investment Income $32
Other Revenue $0
TOTAL REVENUE $227,185

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,960
Fundraising Expenses $0
Program Expenses $54,273
Other Expenses $16,113
TOTAL EXPENSES $55,073

Year-over-Year Comparison

2020 2019 Change
Revenue $227,185 N/A N/A
Expenses $55,073 N/A N/A
Net Income $172,112 N/A N/A
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
4
Independent Members
4
Employees
1
Volunteers
4

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Schuchart Chairman N/A
Officer
$0 $0 $0
Bob Cohen Vice Chairman N/A
Officer
$0 $0 $0
Aaron Padilla Treasurer N/A
Officer
$0 $0 $0
Brad Boyd Secretary N/A
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
2020 $227,185 $55,073 $276,133 $172,112
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