ECONOMIC INVESTMENT FUND OF HENDERSON COUNTYINC (EIN 812984122) - 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

Principal Officer

BRITTANY BRADY

Phone

8286926373

Tax Period

2023-07-01 to 2024-06-30

ECONOMIC INVESTMENT FUND OF HENDERSON COUNTYINC is a small nonprofit in the Community Improvement sector that reported $216K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $126K, a strong 58% operating margin.

Mission

TO LESSEN THE BURDENS OF GOVERNMENT BY PROTECTING AND ADVANCING HENDERSON COUNTY'S QUALITY EMPLOYMENT AND TAX BASE CAPACITY THROUGH PRODUCT AND WORKFORCE DEVELOPMENT; TO EMPLOY A PRODUCT DEVELOPMENT STRATEGY FOCUSED ON IDENTIFYING, OPTIONING AND PRESERVING REAL PROPERTY AND TO ENGAGE PROACTIVELY WITH SCHOOLS AND STUDENTS IN ORDER TO INCREASE AWARENESS ABOUT CAREERS IN MANUFACTURING AND ENCOURAGE WORKFORCE PREPAREDNESS.

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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 $203,000

Program Service Revenue $0

Investment Income $12,776

Other Revenue $0

TOTAL REVENUE $215,776

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,989

Other Expenses $89,989

TOTAL EXPENSES $89,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$215,776	$183,620	+0.2%
Expenses	$89,989	$59,058	+0.5%
Net Income	$125,787	$124,562	+0.0%

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

Employees

N/A

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
BRITTANY BRADY	PRESIDENT &	15.00	Officer	$0	$0	$0
BEAU WADDELL	CHAIR	2.00	Officer Director	$0	$0	$0
MARK RUSSELL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KELLY LEONARD	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
CHIP GOULD	BOARD MEMBER	1.00	Director	$0	$0	$0
WILL BUIE	BOARD MEMBER	1.00	Director	$0	$0	$0
TOMMY THOMPSON	BOARD MEMEBE	1.00	Director	$0	$0	$0
CLEMENT RIDDLE	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHAN KENNEDY	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2024	$215,776	$89,989	$2,555,978	$125,787
2023	$183,620	$59,058	$2,430,191	$124,562
2022	$165,709	$16,913	$2,305,860	$148,796
2021	$466,628	$18,989	$2,156,833	$447,639
2020	$190,910	$16,030	$788,226	$174,880
2019	$193,773	$28,799	$614,786	$164,974
2018	$489,136	$40,764	$450,753	$448,372

ECONOMIC INVESTMENT FUND OF HENDERSON COUNTYINC