REGION 12 REVOLVING LOAN FUND CORP (EIN 841054397) - 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

1985

Legal Domicile

Principal Officer

JON STAVNEY

Phone

9704680295

Tax Period

2023-01-01 to 2023-12-31

REGION 12 REVOLVING LOAN FUND CORP, founded in 1985, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 87% operating margin.

Mission

GIVE LOANS TO START-UPS AND/OR EXPANDING BUSINESSES THAT WILL CREATE OR RETAIN FULL-TIME JOBS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,194,166

Program Service Revenue $557,594

Investment Income $17,093

Other Revenue $0

TOTAL REVENUE $1,768,853

Expense Breakdown

Grants Paid $38,558

Salaries & Benefits $129,294

Fundraising Expenses $0

Other Expenses $64,078

TOTAL EXPENSES $231,930

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,768,853	$1,542,772	+0.1%
Expenses	$231,930	$363,403	-0.4%
Net Income	$1,536,923	$1,179,369	+0.3%

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

$333,530

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON STAVNEY	EXECUTIVE DIRECTOR	1.00	Officer	$0	$40,748	$205,570
ANITA CAMERON	PROGRAM DIRECTOR	40.00	Officer	$0	$19,856	$127,960
ALYSSA SHENK	CHAIR	2.00	Officer Director	$0	$0	$0
PATTI CLAPPER	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
CAROLYN SKOWYRA	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$0
TOBY BABICH	DIRECTOR	2.00	Director	$0	$0	$0
ERNIE BJORKMAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSH BLANCHARD	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE BRODIN	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
KRISTEN BROWNSON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL BUCCINO	DIRECTOR	2.00	Director	$0	$0	$0
COBY CORKLE	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
LESLEY DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
GLEN DRUMMOND	DIRECTOR	2.00	Director	$0	$0	$0
JAMES DUSTIN	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE EDDY	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
TOM FISHER	DIRECTOR	2.00	Director	$0	$0	$0
TOM FRIDSTEIN	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
RANDAL GEORGE	DIRECTOR	2.00	Director	$0	$0	$0
LEWIS GREGORY	DIRECTOR	2.00	Director	$0	$0	$0
GEOFF GRIMMER	DIRECTOR	2.00	Director	$0	$0	$0
BRITTA GUSTAFSON	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN HALLORAN	DIRECTOR	2.00	Director	$0	$0	$0
JOSHUA HARDY	DIRECTOR	2.00	Director	$0	$0	$0
BOB HILL	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
LISA HOLENKO	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
RYAN HYLAND	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM INFANTE	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
BEN KLIEMER	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY MACDONALD	DIRECTOR	2.00	Director	$0	$0	$0
JEANNE MCQUEENEY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT MCVAY	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
MATTHEW MENDISCO	DIRECTOR	2.00	Director	$0	$0	$0
SKIPPY MESIROW	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
TAMRA NOTTINGHAM UNDERWOOD	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
JENN OOTON	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
SARA OTT	DIRECTOR	2.00	Director	$0	$0	$0
TIM REDMOND	DIRECTOR	2.00	Director	$0	$0	$0
KEITH RIESBERG	DIRECTOR	2.00	Director	$0	$0	$0
JEREMY RIETMANN	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT ROBSON	DIRECTOR (THRU 1/23 )	2.00	Director	$0	$0	$0
KATE SCHIFANI	DIRECTOR	2.00	Director	$0	$0	$0
DAN STOLTMAN	DIRECTOR	2.00	Director	$0	$0	$0
CHICO THUON	DIRECTOR	2.00	Director	$0	$0	$0
RAY TINKUM	DIRECTOR	2.00	Director	$0	$0	$0
INGRID WUSSOW	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$1,768,853	$231,930	$6,175,854	$1,536,923
2022	$1,542,772	$363,403	$4,692,425	$1,179,369
2021	$458,915	$236,148	$3,460,500	$222,767
2020	$2,255,724	$2,084,384	$3,237,532	$171,340
2019	$407,745	$137,609	$3,068,761	$270,136
2018	$937,368	$131,591	$2,820,705	$805,777

REGION 12 REVOLVING LOAN FUND CORP