IOWA PARK, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDUSTRIAL DEVELOPMENT CORPORATION OF IOWA PARK TEXAS INC, founded in 1964, is a small nonprofit that reported $418K in total revenue in fiscal year 2024. Revenue surged 1618% from the prior year, signaling strong growth momentum. The organization ran a surplus of $411K, a strong 98% operating margin.
TO ATTRACT INDUSTRIAL AND RETAIL DEVELOPMENT AND TO CREATE OR RETAIN JOBS WITHIN THE CITY OF IOWA PARK, TEXAS, INCLUDING RENDERING FINANCIAL AND OTHER ASSISTANCE TO THE MANUFACTORING, INDUSTRIAL, BUSINESS, AND TRADE DEVELOPMENT IN THE CITY AND VICINITY; INDUCING THE LOCATION OF NEW SUCH BUSINESSES IN IOWA PARK AND VICINITY; PURCHASING, SUBDIVIDING, SELLING AND LEASING OF REAL PROPERTY IN THE CITY OF IOWA PARK OR ITS SUBURBS NOT EXTENDING MORE THAN TWO MILES BEYOND ITS CITY LIMITS; AND TO ACCUMULATE AND LEND MONEY FOR SAID PURPOSE.
THE ORGANIZATION HELD, MAINTAINED, AND PROMOTED SEVERAL PROPERTIES WITHIN THE CITY OF IOWA PARK READY FOR INDUSTRIAL OR RETAIL DEVELOPMENT. THEY SOLD ONE LOT TO JOALI INVESTMENTS I, LLC.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $418,002 | $24,325 | +16.2% |
| Expenses | $6,981 | $1,965 | +2.6% |
| Net Income | $411,021 | $22,360 | +17.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RANDY CATLIN | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN VIA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE PRICE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANA ROSS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF WATTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN CLUBB | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RUTH JAMES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHELBY WOMACK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID OWEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $418,002 | $6,981 | $999,987 | $411,021 |
| 2023 | $24,325 | $1,965 | $588,966 | $22,360 |
| 2022 | $2,489 | $57,448 | $566,606 | $-54,959 |
Compare INDUSTRIAL DEVELOPMENT CORPORATION OF IOWA PARK TEXAS INC with other nonprofits in Texas and across the country.