SUPERIOR DEVELOPMENT CORPORATION (EIN 753165993) - 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

2004

Legal Domicile

Principal Officer

WILL CORMAN

Phone

4028794713

Tax Period

2019-01-01 to 2019-12-31

SUPERIOR DEVELOPMENT CORPORATION, founded in 2004, is a small nonprofit that reported $214K in total revenue in fiscal year 2019. Revenue surged 142% from the prior year, signaling strong growth momentum. Expenses of $284K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO COMBINE THE RESOURCES OF SUPERIOR'S ECONOMIC DEVELOPMENT GROUP WITH THE SUPERIOR DEVELOPMENT CORPORATION DEVELOPING AND PROMOTING A POSITIVE ECONOMIC CLIMATE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $206,250

Program Service Revenue $0

Investment Income $6,547

Other Revenue $825

TOTAL REVENUE $213,622

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,165

Fundraising Expenses $0

Program Expenses $260,562

Other Expenses $262,166

TOTAL EXPENSES $284,331

Year-over-Year Comparison

	2019	2018	Change
Revenue	$213,622	$88,367	+1.4%
Expenses	$284,331	$65,154	+3.4%
Net Income	$-70,709	$23,213	-4.0%

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

N/A

Employees

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
BILL BLAUVELT	DIRECTOR	N/A	Director	$0	$0	$0
WILL CORMAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JANET EGGERS	TREASURER	N/A	Officer Director	$0	$0	$0
CHRIS FLAATA	DIRECTOR	N/A	Director	$0	$0	$0
LANE HAWLEY	PRESIDENT	N/A	Director	$0	$0	$0
PAT MCCORD	DIRECTOR	N/A	Director	$0	$0	$0
SAM REMPE	DIRECTOR	N/A	Director	$0	$0	$0
TRENT SIEBECKER	SECRETARY	N/A	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
2019	$213,622	$284,331	No data	$-70,709
2018	$88,367	$65,154	$1,186,720	$23,213

SUPERIOR DEVELOPMENT CORPORATION