WEST PLAINS ECONOMIC DEVELOPMENT C… - Form 990 Financial Data

🔒

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

JOHNNY MURRELL

Phone

4172566191

Tax Period

2021-01-01 to 2021-12-31

WEST PLAINS ECONOMIC DEVELOPMENT CORPORATION, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $101K in total revenue in fiscal year 2021. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 32% operating deficit.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $133,935

ECONOMIC DEVELOPMENT PROGRAM

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $101,150

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $101,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,389

Fundraising Expenses $0

Program Expenses $133,935

Other Expenses $12,546

TOTAL EXPENSES $133,935

Year-over-Year Comparison

	2021	2020	Change
Revenue	$101,150	$208,133	-0.5%
Expenses	$133,935	$155,970	-0.1%
Net Income	$-32,785	$52,163	-1.6%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONJA STAUFFER	BOARD MEMBER	0.25	Director	$0	$0	$0
JOHN WILLIAMS	BOARD MEMBER	0.25	Director	$0	$0	$0
MIKE TOPLIFF	BOARD MEMBER	0.25	Director	$0	$0	$0
LORI WILSON	BOARD MEMBER	0.25	Director	$0	$0	$0
JOSH REEVES	BOARD MEMBER	0.25	Director	$0	$0	$0
DAVE THOMAS	CHAIRMAN	0.25	Director	$0	$0	$0
MYLES SMITH	SECRETARY	0.25	Director	$0	$0	$0
JOHNNY MURRELL	TREASURER	0.25	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
2021	$101,150	$133,935	$34,141	$-32,785
2020	$208,133	$155,970	$66,856	$52,163

WEST PLAINS ECONOMIC DEVELOPMENT CORPORATION