SEGUIN ECONOMIC DEVELOPMENT CORPORATION (EIN 742758230) - 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

1994

Legal Domicile

Phone

8304012475

Tax Period

2023-10-01 to 2024-09-30

SEGUIN ECONOMIC DEVELOPMENT CORPORATION, founded in 1994, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $866K, a strong 30% operating margin.

Mission

ECONOMIC DEVELOPMENT OF SEGUIN, TEXAS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $434,411

Other Revenue $2,416,482

TOTAL REVENUE $2,850,893

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,969,013

Other Expenses $1,985,079

TOTAL EXPENSES $1,985,079

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,850,893	$4,722,949	-0.4%
Expenses	$1,985,079	$2,061,082	0.0%
Net Income	$865,814	$2,661,867	-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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT MESERVEY	Secretary	5.00	Director	$0	$0	$0
CARLOS MORENO	President	5.00	Officer Director	$0	$0	$0
DREW ENGELKE	Treasurer	5.00	Officer Director	$0	$0	$0
DON KEIL	Vice President	5.00	Director	$0	$0	$0
JOSHUA SCHNEUKER	Executive Dir.	40.00	Director	$0	$0	$0
ELAINE BENNETT	Director	5.00	Director	$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	$2,850,893	$1,985,079	$9,490,703	$865,814
2023	$4,722,949	$2,061,082	$8,401,814	$2,661,867
2022	$2,030,827	$769,128	$6,919,196	$1,261,699
2021	$2,335,731	$653,891	$5,927,126	$1,681,840
2020	$1,454,714	$1,007,309	$5,121,064	$447,405
2019	$1,364,418	$985,332	$4,982,052	$379,086
2018	$1,358,968	$1,062,559	$3,279,238	$296,409

SEGUIN ECONOMIC DEVELOPMENT CORPORATION