LA FERIA ECONOMIC DEVELOPMENT CORPORATION

EIN: 742742911 501(c)(3)

LA FERIA, TX

Total Revenue
$422,610
Total Expenses
$265,884
Total Assets
$1,752,419
Net Assets
$1,092,417
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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
1995
Legal Domicile
TX
Principal Officer
FRANCISCO LOYA JR
Phone
9567972261
Tax Period
2017-10-01 to 2018-09-30

LA FERIA ECONOMIC DEVELOPMENT CORPORATION, founded in 1995, is a small nonprofit that reported $423K in total revenue in fiscal year 2017. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $157K, a strong 37% operating margin.

Mission

CITY 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 (2017)

Revenue Breakdown

Contributions & Grants $44,212
Program Service Revenue $359,811
Investment Income $18,587
Other Revenue $0
TOTAL REVENUE $422,610

Expense Breakdown

Grants Paid $124,758
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $265,884
Other Expenses $141,126
TOTAL EXPENSES $265,884

Year-over-Year Comparison

2017 2016 Change
Revenue $422,610 $376,878 +0.1%
Expenses $265,884 $254,349 +0.0%
Net Income $156,726 $122,529 +0.3%
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

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Governance

Voting Members
6
Independent Members
6
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCISCO LOYA JR PRESIDENT 0.00
Officer Director
$0 $0 $0
JULIAN GUEVARA JR DIRECTOR 0.00
Director
$0 $0 $0
OLGA H MALDONADO DIRECTOR 0.00
Director
$0 $0 $0
JOSE R BECERRA VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ERIC HOFF DIRECTOR 0.00
Director
$0 $0 $0
DONATO GARCIA DIRECTOR 0.00
Director
$0 $0 $0
JAIME S SANDOVAL EXECUTIVE DIRECTOR 0.00
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
2018 $422,610 $265,884 $1,752,419 $156,726
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