YELLOW SPRINGS DEVELOPMENT CORPORATION (EIN 842358016) - 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

2019

Principal Officer

CORRIE VAN AUSDAL

Phone

9377672655

Tax Period

2021-01-01 to 2021-12-31

YELLOW SPRINGS DEVELOPMENT CORPORATION, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $22K in total revenue in fiscal year 2021. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $423K exceeded revenue, resulting in a 1823% operating deficit.

Mission

TO SERVE AS A COORDINATING AND PLANNING ENTITY PROVIDING FUNDING AND OVERSIGHT FOR PROJECTS THAT ENSURE THE ECONOMIC AND CULTURAL VITALITY OF THE YELLOW SPRINGS COMMUNITY FOR BUSINESS, NON-PROFITS, RESIDENTIAL, AND INFRASTRUCTURE DEVELOPMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $22,000

Program Service Revenue $0

Investment Income $17

Other Revenue $0

TOTAL REVENUE $22,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $435

Program Expenses $399,150

Other Expenses $423,334

TOTAL EXPENSES $423,334

Year-over-Year Comparison

	2021	2020	Change
Revenue	$22,017	$473,108	-1.0%
Expenses	$423,334	$35,251	+11.0%
Net Income	$-401,317	$437,857	-1.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORRIE VAN AUSDAL	BOARD CHAIR	2.00	Officer	$0	$0	$0
LISA KREEGER	VICE CHAIR	2.00	Officer	$0	$0	$0
HANNAH MONTGOMERY	TREASURER	2.00	Officer	$0	$0	$0
STEVEN CONN	TRUSTEE	1.00	Director	$0	$0	$0
STEVE MCQUEEN	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN STOKES	TRUSTEE	1.00	Director	$0	$0	$0
DON HOLLISTER	TRUSTEE	2.00	Director	$0	$0	$0
CORRIE VAN AUSDAL	TRUSTEE	2.00	Director	$0	$0	$0
SARAH COURTRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
SHELLY BLACKMAN	TRUSTEE	1.00	Director	$0	$0	$0
ALEX BIERI	TRUSTEE	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
2021	$22,017	$423,334	$47,038	$-401,317
2020	$473,108	$35,251	$448,355	$437,857

YELLOW SPRINGS DEVELOPMENT CORPORATION