REGIONAL DEVELOPMENT ALLIANCE INC (EIN 841407698) - 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

2005

Legal Domicile

Principal Officer

CONNIE CHADWICK

Phone

2085289400

Tax Period

2024-06-01 to 2025-05-31

REGIONAL DEVELOPMENT ALLIANCE INC, founded in 2005, is a small nonprofit that reported $353K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $101K, a strong 29% operating margin.

Mission

OUR OBJECTIVE IS TO DIRECTLY INVEST IN QUALIFIED BUSINESSES IN ORDER TO OBTAIN A REASONABLE RETURN ON OUR INVESTMENT, INCREASE JOB GROWTH IN THE AREA AS WELL AS HELP PEOPLE MAINTAIN QUALITY 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $252,835

Investment Income $100,601

Other Revenue $0

TOTAL REVENUE $353,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,523

Fundraising Expenses $0

Other Expenses $145,171

TOTAL EXPENSES $252,694

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,436	$406,434	-0.1%
Expenses	$252,694	$288,433	-0.1%
Net Income	$100,742	$118,001	-0.1%

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

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
SCOTT HANCOCK	CHAIRMAN	N/A	Director	$0	$0	$0
GORDON EGAN	TREASURER	N/A		$0	$0	$0
BRENT MENDENDALL	SECRETARY	N/A		$0	$0	$0
BYRON REED	VICE-CHAIRMA	N/A		$0	$0	$0
CONNIE CHADWICK	EXECUTIVE DI	N/A	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
2025	$353,436	$252,694	$6,964,243	$100,742
2024	$406,434	$288,433	$6,857,097	$118,001
2023	$253,417	$260,495	$6,747,438	$-7,078
2022	$480,196	$1,152,739	$6,754,531	$-672,543
2021	$158,201	$446,336	$7,424,583	$-288,135
2020	$-103,074	$249,870	$7,711,151	$-352,944
2019	$242,411	$223,084	$8,067,260	$19,327

REGIONAL DEVELOPMENT ALLIANCE INC