MATAGORDA COUNTY ECONOMIC DEVELOPMENT CORPORATION (EIN 760455833) - 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

1995

Principal Officer

JESSICA RUSSELL

Phone

9792458913

Tax Period

2025-01-01 to 2025-12-31

MATAGORDA COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1995, is a small nonprofit that reported $249K in total revenue in fiscal year 2025. Net assets of $735K represent 35 months of operating reserves.

Mission

ENCOURAGE & PROMOTE ECONOMIC DEVELOPMENT IN OR NEAR MATAGORDA COUNTY, 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 (2025)

Revenue Breakdown

Contributions & Grants $219,100

Program Service Revenue $0

Investment Income $24,949

Other Revenue $4,626

TOTAL REVENUE $248,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,128

Fundraising Expenses $0

Program Expenses $233,206

Other Expenses $92,291

TOTAL EXPENSES $260,419

Year-over-Year Comparison

	2025	2024	Change
Revenue	$248,675	$231,459	+0.1%
Expenses	$260,419	$255,003	+0.0%
Net Income	$-11,744	$-23,544	-0.5%

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

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
JESSICA RUSSELL	PRESIDENT	N/A	Officer Director	$0	$0	$0
KANDAS GRAHAM	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MIKE ESTLINBAUM	SECRETARY	N/A	Officer Director	$0	$0	$0
MATTHEW ASHCRAFT	TREASURER	N/A	Officer Director	$0	$0	$0
BOBBY SEIFERMAN	DIRECTOR	N/A	Director	$0	$0	$0
MITCH THAMES	DIRECTOR	N/A	Director	$0	$0	$0
CATHY GANN	DIRECTOR	N/A	Director	$0	$0	$0
KAREN RESTIVO	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW ASHCRAFT	DIRECTOR	N/A	Director	$0	$0	$0
HUYEN TRAN	DIRECTOR	N/A	Director	$0	$0	$0
JIM FOLSE	DIRECTOR	N/A	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
2025	$248,675	$260,419	$737,803	$-11,744
2024	$231,459	$255,003	$749,237	$-23,544
2023	$153,463	$230,266	$772,670	$-76,803
2022	$339,191	$142,292	$849,696	$196,899
2021	$277,937	$255,430	$652,981	$22,507
2020	$306,759	$219,220	$629,802	$87,539
2019	$312,302	$217,938	$542,572	$94,364
2018	$260,264	$241,656	$447,908	$18,608

MATAGORDA COUNTY ECONOMIC DEVELOPMENT CORPORATION