ANACONDA LOCAL DEVELOPMENT CORPORATION (EIN 810380448) - 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

1979

Legal Domicile

Principal Officer

MIKE HALE

Tax Period

2023-10-01 to 2024-09-30

ANACONDA LOCAL DEVELOPMENT CORPORATION, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $391K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $500K exceeded revenue, resulting in a 28% operating deficit.

Mission

ASSIST IN THE CREATION AND RETENTION OF JOBS THROUGH ECONOMIC EXPANSION IN THE CITY AND COUNTY.

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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 $97,642

Program Service Revenue $122,810

Investment Income $141,142

Other Revenue $29,527

TOTAL REVENUE $391,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,573

Fundraising Expenses $0

Program Expenses $256,196

Other Expenses $283,257

TOTAL EXPENSES $499,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$391,121	$308,731	+0.3%
Expenses	$499,830	$440,733	+0.1%
Net Income	$-108,709	$-132,002	-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

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
KATHLEEN TARKALSON	FORMER EXECUTIVE DIRECTOR	40.00		$75,000	$7,500	$82,500
DEBBIE JOHNS	DIRECTOR	2.00	Director	$0	$0	$0
JAMES DAVIDSON	EMERITUS	2.00	Director	$0	$0	$0
AMBER BENES	DIRECTOR	2.00	Director	$0	$0	$0
SAMMI ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
JULIE SHELTON	DIRECTOR	2.00	Director	$0	$0	$0
KIM JONES	DIRECTOR	2.00	Director	$0	$0	$0
BEKAH ESQUIBEL	DIRECTOR	2.00	Director	$0	$0	$0
DONNA VOLBERDING	PAST PRESIDENT	2.00	Director	$0	$0	$0
MIKE HALE	PRESIDENT	2.00	Officer	$0	$0	$0
ABBY KOVACICH	SECRETARYTREASURER	2.00	Officer	$0	$0	$0
JEANNE KRUMM	VICE PRESIDENT	2.00	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	$391,121	$499,830	$2,683,567	$-108,709
2023	$308,731	$440,733	$2,438,503	$-132,002
2022	$209,907	$409,232	$2,710,107	$-199,325
2021	$452,869	$306,260	$2,603,988	$146,609
2020	$242,587	$236,383	$1,715,152	$6,204
2019	$113,961	$234,873	$1,595,460	$-120,912
2018	$77,698	$182,528	$1,686,762	$-104,830

ANACONDA LOCAL DEVELOPMENT CORPORATION