POST ECONOMIC DEVELOPMENT CORP

EIN: 751982463 501(c)(3) Community Improvement

POST, TX

Total Revenue
$319,091
Total Expenses
$329,816
Total Assets
$108,288
Net Assets
$108,288
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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
1984
Legal Domicile
TX
Tax Period
2020-01-01 to 2020-12-31

POST ECONOMIC DEVELOPMENT CORP, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $319K in total revenue in fiscal year 2020.

Mission

PEDC WAS FORMED TO SUPPORT, PROMOTE, ENCOURAGE, AND FACILITATE ENDEAVORS THAT STIMULATE AND ENCOURAGE ECONOMIC DEVELOPMENT OF POST AND GARZA COUNTY.

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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 $16,300
Program Service Revenue $300,000
Investment Income $53
Other Revenue $2,738
TOTAL REVENUE $319,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $309,439
Other Expenses $329,816
TOTAL EXPENSES $329,816

Year-over-Year Comparison

2020 2019 Change
Revenue $319,091 N/A N/A
Expenses $329,816 N/A N/A
Net Income $-10,725 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
6
Independent Members
N/A
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
6
$9,240
Total Directors
6
$9,240
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J TERRY BARTLETT Executive Dir. 10.00
Officer Director
$9,240 $0 $9,240
LEE NORMAN President 2.00
Officer Director
$0 $0 $0
JAMES PLUMMER Vice President 2.00
Officer Director
$0 $0 $0
LISA KIRKPATRICK Secretary 2.00
Officer Director
$0 $0 $0
TED WEEMS Vice President 2.00
Officer Director
$0 $0 $0
KATHLEEN V BEACH Treasurer 2.00
Officer 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
2020 $319,091 $329,816 $108,288 $-10,725
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