MCMINNVILLE ECONOMIC DEVELOPMENT PARTNERSHIP (EIN 823460861) - 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

PATTY HERZOG

Phone

5034746814

Tax Period

2023-10-01 to 2024-09-30

MCMINNVILLE ECONOMIC DEVELOPMENT PARTNERSHIP, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $513K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

To advance strategies that respond to the needs of McMinnville's traded-sector businesses.

🔒

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 $513,489

Investment Income $0

Other Revenue $0

TOTAL REVENUE $513,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $245,025

Fundraising Expenses $0

Other Expenses $261,975

TOTAL EXPENSES $507,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$513,489	$660,634	-0.2%
Expenses	$507,000	$704,493	-0.3%
Net Income	$6,489	$-43,859	-1.1%

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

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

$123,967

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTY HERZOG	Executive Dir.	40.00	Officer	$113,494	$10,473	$123,967
JOHN DIETZ	President	1.00	Officer Director	$0	$0	$0
MIKE MORRIS	Director	1.00	Director	$0	$0	$0
HEATHER RICHARDS	Secretary	1.00	Officer Director	$0	$0	$0
TERESA SMITH	Treasurer	1.00	Officer Director	$0	$0	$0
DEVEN PAOLO	Director	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	$513,489	$507,000	$283,200	$6,489
2023	$660,634	$704,493	$257,081	$-43,859
2022	$295,455	$244,623	$283,241	$50,832
2021	$317,797	$238,536	$241,814	$79,261
2020	$242,480	$262,235	$158,398	$-19,755
2019	$325,107	$312,781	$176,672	$12,326

MCMINNVILLE ECONOMIC DEVELOPMENT PARTNERSHIP