ECONOMIC DEVELOPMENT COLLABORATIVE- VENTURA COUNTY (EIN 770439585) - 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

1996

Legal Domicile

Phone

8053841800

Tax Period

2024-01-01 to 2024-12-31

ECONOMIC DEVELOPMENT COLLABORATIVE- VENTURA COUNTY, founded in 1996, is a community nonprofit in the Community Improvement sector that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

To promote local economic development, administer financial and loan programs, provide assistance in the retention and development of local business, facilitate cluster development, provide technical assistance and training, operate a variety of programs to assist defense dependent industries, and serve as an administartive body for the dissemination of information pertaining to community economic development.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,148,945

Program Service Revenue $3,251,935

Investment Income $7,444

Other Revenue $145,418

TOTAL REVENUE $8,553,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,131,767

Fundraising Expenses $10,239

Program Expenses $8,117,761

Other Expenses $6,244,136

TOTAL EXPENSES $8,375,903

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,553,742	$7,690,202	+0.1%
Expenses	$8,375,903	$7,460,862	+0.1%
Net Income	$177,839	$229,340	-0.2%

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

$269,279

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE STENSLIE	President & CEO	40.00	Officer	$224,058	$45,221	$269,279
Jaime S Fall	Director	40.00		$182,864	$28,045	$210,909
RAY BOWMAN	Director of Small Business Dev Cent	40.00		$174,705	$33,157	$207,862
KELLY NOBLE	Office Manager	40.00		$111,764	$18,575	$130,339
Monica E Estrella	Grants/Cont. Mgr	40.00		$119,360	$1,028	$120,388
TRACIE A SCHNEIDER	Comm Manager	40.00		$103,193	$8,159	$111,352
Jim Eubanks	Board Member	0.50	Director	$0	$0	$0
KRISTIN DECAS	Chair	1.00	Officer Director	$0	$0	$0
AMY FONZO	Board Member	0.50	Director	$0	$0	$0
NAN DRAKE	Board Member	0.50	Director	$0	$0	$0
JEREMY GOLDBERG	Board Member	0.50	Director	$0	$0	$0
HAROLD S EDWARDS	Board Member	0.50	Director	$0	$0	$0
HENRY DUBROFF	Board Member	0.50	Director	$0	$0	$0
Ursula Moran	Board Member	0.50	Director	$0	$0	$0
SARAH MCLELLAND	Board Member	0.50	Director	$0	$0	$0
CHRIS MEISSNER	Board Member	0.50	Director	$0	$0	$0
CYNTHIA HERRERA	Board Member	0.50	Director	$0	$0	$0
Peter Zierhut	Sec'y/Treasurer	1.00	Officer Director	$0	$0	$0
CELINA ZACARIAS	Board Member	0.50	Director	$0	$0	$0
Jeff Gorell	Board Member	0.50	Director	$0	$0	$0
Janice Parvin	Board Member	0.50	Director	$0	$0	$0
BOB ENGLER	Vice Chair	1.00	Officer Director	$0	$0	$0
SIM TANG-PARADIS	Board Member	0.50	Director	$0	$0	$0
Martita Martinez-Bravo	Board Member	0.50	Director	$0	$0	$0
DANIEL GROFF	Board Member	0.50	Director	$0	$0	$0
Albert Mendez	Board Member	0.50	Director	$0	$0	$0
Rachel Lang	Board Member	0.50	Director	$0	$0	$0
Bryan McDonald	Board Member	0.50	Director	$0	$0	$0
MISTY PEREZ	Board Member	0.50	Director	$0	$0	$0
JIM SCANLON	Board Member	0.50	Director	$0	$0	$0
ALEX SCHNEIDER	Board Member	0.50	Director	$0	$0	$0
TRACE STEVENSON	Board Member	0.50	Director	$0	$0	$0
Pedro Chavez	Board Member	0.50	Director	$0	$0	$0
Joe Schroeder	Board Member	0.50	Director	$0	$0	$0
DEE DEE CAVANAUGH	Board Member	0.50	Director	$0	$0	$0
STEPHANIE CALDWELL	Board Member	0.50	Director	$0	$0	$0
TRACY PEREZ	Board Member	0.50	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
2024	$8,553,742	$8,375,903	$15,009,671	$177,839
2023	$7,690,202	$7,460,862	$15,116,656	$229,340
2022	$3,851,536	$3,999,745	$13,661,843	$-148,209
2021	$3,790,106	$3,700,849	$6,956,185	$89,257
2020	$3,301,035	$3,208,876	$6,862,371	$92,159
2019	$2,319,665	$2,413,885	$6,001,778	$-94,220
2018	$1,811,413	$1,768,106	$5,928,028	$43,307

ECONOMIC DEVELOPMENT COLLABORATIVE- VENTURA COUNTY