DEKALB ECONOMIC DEVELOPMENT CORPORATION (EIN 853385566) - 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

2020

Legal Domicile

Phone

9036672410

Tax Period

2022-01-01 to 2022-12-31

DEKALB ECONOMIC DEVELOPMENT CORPORATION, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $316K in total revenue in fiscal year 2022. Revenue surged 182% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 22% operating margin.

Mission

PROMOTION OF BUSINESS FOR THE CITY OF DEKALB

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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 (2022)

Revenue Breakdown

Contributions & Grants $112,424

Program Service Revenue $116,667

Investment Income $86,437

Other Revenue $0

TOTAL REVENUE $315,528

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $110,715

Fundraising Expenses $0

Program Expenses $232,904

Other Expenses $35,373

TOTAL EXPENSES $246,088

Year-over-Year Comparison

	2022	2021	Change
Revenue	$315,528	$111,704	+1.8%
Expenses	$246,088	$67,819	+2.6%
Net Income	$69,440	$43,885	+0.6%

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

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	Role	Reportable Comp	Other Comp	Total
TED PRATHER	Director	Director	$0	$0	$0
STEVE MCMICHAEL	Vice President	Officer Director	$0	$0	$0
AARON CALVIT	President	Officer Director	$0	$0	$0
JANA FORD	Director	Director	$0	$0	$0
JOHN MITCHELL STONE	SECRETARY/TREAS	Officer Director	$0	$0	$0
HAGEN KNOX	Director	Director	$0	$0	$0
Lenoir Hall	Director	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
2022	$315,528	$246,088	$715,250	$69,440
2021	$111,704	$67,819	$661,028	$43,885

DEKALB ECONOMIC DEVELOPMENT CORPORATION