WINFIELD ECONOMIC DEVELOPMENT INC (EIN 742821409) - 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

1997

Legal Domicile

Principal Officer

RODGER STEFFEN

Phone

6202212750

Tax Period

2024-01-01 to 2024-12-31

WINFIELD ECONOMIC DEVELOPMENT INC, founded in 1997, is a small nonprofit that reported $258K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $378K exceeded revenue, resulting in a 46% operating deficit.

Mission

WINFIELD ECONOMIC DEVELOPMENT INC OWNS COMMERCIAL LAND AND EXISTS TO HELPLOCAL INDUSTRY. INVESTMENT INCOME IS USED TOFURTHER ECONOMIC DEVELOPMENT IN THE WINFIELD AREA

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $258,463

Other Revenue $0

TOTAL REVENUE $258,463

Expense Breakdown

Grants Paid $361,750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $15,880

TOTAL EXPENSES $377,630

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,463	$229,760	+0.1%
Expenses	$377,630	$235,062	+0.6%
Net Income	$-119,167	$-5,302	+21.5%

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
CRAIG DUNCAN	Director	2.00	Director	$0	$0	$0
RODGER STEFFEN	President	2.00	Officer	$0	$0	$0
GREG THOMPSON	Vice President	2.00	Officer	$0	$0	$0
JILL LONG	Treasurer	2.00	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
2024	$258,463	$377,630	$5,689,884	$-119,167
2023	$229,760	$235,062	$5,809,050	$-5,302
2022	$20,119	$169,935	$5,814,352	$-149,816
2021	$545,470	$313,438	$5,964,168	$232,032
2020	$753,238	$202,281	$5,732,137	$550,957
2019	$295,690	$250,049	$5,181,179	$45,641
2018	$396,844	$153,358	$5,135,538	$243,486

WINFIELD ECONOMIC DEVELOPMENT INC