HAMLIN MUNICIPAL DEVELOPMENT (EIN 822599633) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

AMANDA SPALDING

Phone

3255762712

Tax Period

2023-10-01 to 2024-09-30

HAMLIN MUNICIPAL DEVELOPMENT, founded in 2017, is a small nonprofit that reported $160K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $26K, a strong 16% operating margin.

Mission

The Hamlin Municipal Development District is a nonprofit municipal development district created and organized under the Constitution and laws of the State of Texas. IT IS THE MISSION OF THE MDD TO AID THE CITY OF HAMLIN AND ANY INTERESTS PRIVATE OR PUBLIC IN MAKING THE COMMUNITY A BETTER PLACE TO LIVE, WORK, AND CONDUCT BUSINESS ACTIVITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $111,757

Investment Income $11,140

Other Revenue $36,652

TOTAL REVENUE $159,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,937

Fundraising Expenses $0

Other Expenses $102,627

TOTAL EXPENSES $133,564

Year-over-Year Comparison

	2023	2022	Change
Revenue	$159,549	$143,786	+0.1%
Expenses	$133,564	$141,516	-0.1%
Net Income	$25,985	$2,270	+10.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

$28,247

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
mickie diersing	previous ex dir	20.00	Director	$21,600	$0	$21,600
RANDY BURKS	Executive Dir.	20.00	Director	$6,647	$0	$6,647
RONALD CROUCH	President	0.00	Officer Director	$0	$0	$0
billy bob reynolds	Director	0.00	Director	$0	$0	$0
AMANDA SPALDING	Director	0.00	Director	$0	$0	$0
TINA ALDAPE	Director	0.00	Director	$0	$0	$0
dan byerly	Director	0.00	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	$159,549	$133,564	$1,876,200	$25,985
2023	$143,786	$141,516	$1,850,215	$2,270
2022	$141,353	$137,942	$1,725,381	$3,411
2021	$123,897	$128,452	$1,721,970	$-4,555
2020	$121,445	$134,776	$1,726,525	$-13,331
2019	$218,708	$152,475	$1,739,856	$66,233

HAMLIN MUNICIPAL DEVELOPMENT