ECONOMIC DEVELOPMENT COUNCIL OF PARKER COUNTY (EIN 820728391) - 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

2017

Legal Domicile

Principal Officer

CHIS STRAYER

Phone

8176094131

Tax Period

2024-01-01 to 2024-12-31

ECONOMIC DEVELOPMENT COUNCIL OF PARKER COUNTY, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $401K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE ECONOMIC DEVELOPMENT COUNCIL OF PARKER COUNTY HAS BEEN FORMED TO PURSUE, ENHANCE, MAINTAIN AND PROMOTE ECONOMIC DEVELOPMENT AND COMMERCE.

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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 $0

Program Service Revenue $401,483

Investment Income $0

Other Revenue $0

TOTAL REVENUE $401,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $339,371

Fundraising Expenses $0

Other Expenses $79,195

TOTAL EXPENSES $418,566

Year-over-Year Comparison

	2024	2023	Change
Revenue	$401,483	$364,750	+0.1%
Expenses	$418,566	$344,344	+0.2%
Net Income	$-17,083	$20,406	-1.8%

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

$243,933

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHIS STRAYER	EXECUTIVE DI	40.00	Officer	$243,933	$0	$243,933
TIM CLARK	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ADAM FERIEND	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
JUSTIN BRADLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN HINTON	TREASURER	1.00	Officer Director	$0	$0	$0
STACY LYNCH	PAST CHAIR	1.00	Director	$0	$0	$0
PATRICK LAWLER	AT-LARGE DIR	1.00	Director	$0	$0	$0
BEXIE NOBLES	AT-LARGE DIR	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
2024	$401,483	$418,566	$223,739	$-17,083
2023	$364,750	$344,344	$240,822	$20,406
2022	$245,927	$219,049	$220,416	$26,878
2021	$200,587	$214,940	$193,538	$-14,353
2020	$262,975	$206,004	$208,507	$56,971
2019	$253,497	$216,535	$152,245	$36,962
2018	$246,250	$279,488	$113,959	$-33,238

ECONOMIC DEVELOPMENT COUNCIL OF PARKER COUNTY