LINDEN SECTION 4B ECONOMIC DEVELOPMENT CORPORATION (EIN 753051491) - 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

1990

Legal Domicile

Principal Officer

CARLA ROADCAP

Phone

9037567774

Tax Period

2023-10-01 to 2024-09-30

LINDEN SECTION 4B ECONOMIC DEVELOPMENT CORPORATION, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $146K in total revenue in fiscal year 2023. Expenses of $132K left a modest 9% surplus.

Mission

PROMOTING, ASSISTING AND ENHANCING ECONOMIC DEVELOPMENT ACTIVITIES FOR THE CITY OF LINDEN, 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 $144,551

Investment Income $1,639

Other Revenue $0

TOTAL REVENUE $146,190

Expense Breakdown

Grants Paid $20,020

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,352

Other Expenses $112,328

TOTAL EXPENSES $132,348

Year-over-Year Comparison

	2023	2022	Change
Revenue	$146,190	$137,613	+0.1%
Expenses	$132,348	$160,180	-0.2%
Net Income	$13,842	$-22,567	-1.6%

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
JO ANNA DUNCAN	DIRECTOR	N/A	Director	$0	$0	$0
KENNY HAMILTON	DIRECTOR	N/A	Director	$0	$0	$0
KYLE MORGAN	DIRECTOR	N/A	Director	$0	$0	$0
DAVE STEWART	DIRECTOR	N/A	Director	$0	$0	$0
FRANK LANIEW	1ST VICE PRE	N/A	Officer	$0	$0	$0
CARLA ROADCAP	PRESIDENT	N/A	Officer	$0	$0	$0
JOHN ROUNTREE	DIRECTOR	N/A	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	$146,190	$132,348	$455,849	$13,842
2023	$137,613	$160,180	$441,455	$-22,567
2022	$137,235	$85,777	$464,898	$51,458
2021	$131,455	$79,296	$411,837	$52,159
2020	$117,969	$154,925	$354,431	$-36,956
2019	$330,826	$194,842	$397,535	$135,984
2019	$331,593	$194,842	$410,513	$136,751
2018	$148,827	$87,696	$248,804	$61,131

LINDEN SECTION 4B ECONOMIC DEVELOPMENT CORPORATION