LAWRENCE CO ECONOMIC DEVELOPMENT FOUNDATION (EIN 821479771) - 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

NAKIA MCFALL

Phone

9317624911

Tax Period

2024-01-01 to 2024-12-31

LAWRENCE CO ECONOMIC DEVELOPMENT FOUNDATION, founded in 2017, is a micro nonprofit in the Community Improvement sector that reported $8K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $31K exceeded revenue, resulting in a 303% operating deficit.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN LAWRENCE COUNTY TENNESSEE.

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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 $7,495

Program Service Revenue $0

Investment Income $284

Other Revenue $0

TOTAL REVENUE $7,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,846

Other Expenses $31,346

TOTAL EXPENSES $31,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,779	$77,257	-0.9%
Expenses	$31,346	$48,347	-0.4%
Net Income	$-23,567	$28,910	-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

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
TIFFANY COPE	DIRECTOR	1.00	Director	$0	$0	$0
TYLER DOSS	DIRECTOR	1.00	Director	$0	$0	$0
MARK JENT	DIRECTOR	1.00	Director	$0	$0	$0
ANNA WELSH	DIRECTOR	1.00	Director	$0	$0	$0
ALLIE S SCHWALB	DIRECTOR	1.00	Director	$0	$0	$0
GRACEN ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
WILL HUDSON	DIRECTOR	1.00	Director	$0	$0	$0
JENNIE FAULKNER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BECKMAN	DIRECTOR	1.00	Director	$0	$0	$0
VIC PUSSER	TREASURER	2.00	Officer	$0	$0	$0
CAMERON HOFFMEYER	SECRETARY	2.00	Officer	$0	$0	$0
NAKIA MCFALL	CHAIRMAN	2.00	Officer	$0	$0	$0
RYAN EVERS	VICE CHAIRPERSON	2.00	Officer	$0	$0	$0
STEVE HILL	EX-OFFICIO REP	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	$7,779	$31,346	$195,608	$-23,567
2023	$77,257	$48,347	$227,153	$28,910
2022	$61,132	$49,732	$198,243	$11,400
2021	$73,440	$49,239	$199,176	$24,201
2020	$153,770	$91,248	$205,577	$62,522
2019	$92,231	$77,830	$143,055	$14,401
2018	$25,421	$32,005	$128,654	$-6,584

LAWRENCE CO ECONOMIC DEVELOPMENT FOUNDATION