WHITE OAK ECONOMIC DEVELOPMENT CORPORATION (EIN 752664459) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Phone

9037593936

Tax Period

2023-10-01 to 2024-09-30

WHITE OAK ECONOMIC DEVELOPMENT CORPORATION, founded in 1995, is a small nonprofit that reported $538K in total revenue in fiscal year 2023. Expenses of $486K left a modest 10% surplus.

Mission

Economic Development

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $982

Other Revenue $537,096

TOTAL REVENUE $538,078

Expense Breakdown

Grants Paid $433,880

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $485,962

Other Expenses $52,082

TOTAL EXPENSES $485,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$538,078	$557,196	0.0%
Expenses	$485,962	$461,723	+0.1%
Net Income	$52,116	$95,473	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Role	Reportable Comp	Other Comp	Total
Thomas Cash	President	Officer Director	$0	$0	$0
Curtis Smith	Vice President	Officer Director	$0	$0	$0
John Spitler	Treasurer	Officer Director	$0	$0	$0
Kevin Hood	Director	Director	$0	$0	$0
Dana Mizell	Director	Director	$0	$0	$0
James Crump	Director	Director	$0	$0	$0
Jimmy Purcell	Executive Dir.	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	$538,078	$485,962	$999,065	$52,116
2023	$557,196	$461,723	$770,477	$95,473
2022	$505,562	$475,996	$674,885	$29,566
2021	$461,038	$407,921	$645,319	$53,117
2020	$444,505	$94,212	$592,202	$350,293
2019	$376,493	$415,321	$511,595	$-38,828
2018	$344,900	$490,903	$666,866	$-146,003

WHITE OAK ECONOMIC DEVELOPMENT CORPORATION