I-95 I-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC (EIN 872462918) - 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

2021

Legal Domicile

Principal Officer

REID WILLIAMS

Phone

9199633112

Tax Period

2023-07-01 to 2024-06-30

I-95 I-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC, founded in 2021, is a community nonprofit in the Community Improvement sector that reported $7.9M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $7.0M left a modest 11% surplus.

Mission

THE ALLIANCE'S MISSION IS TO ENHANCE THE ECONOMIC WELL-BEING OF OUR REGION THROUGH QUALITY, SUSTAINABLE JOB CREATION AND STRATEGIC WORKFORCE DEVELOPMENT PARTNERSHIPS.

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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 $7,014,858

Program Service Revenue $0

Investment Income $838,844

Other Revenue $0

TOTAL REVENUE $7,853,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,763

Fundraising Expenses $0

Program Expenses $6,956,988

Other Expenses $6,885,124

TOTAL EXPENSES $7,001,887

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,853,702	$12,824,378	-0.4%
Expenses	$7,001,887	$836,011	+7.4%
Net Income	$851,815	$11,988,367	-0.9%

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

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

$85,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAROLD KEEN	CHAIRMAN	4.00	Officer Director	$0	$0	$0
DAVID BRADHAM	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MATTHEW SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
LINWOOD PARKER	BOARD MEMBER	0.50	Director	$0	$0	$0
WALTER MASSEY	BOARD MEMBER	0.50	Director	$0	$0	$0
JEFFREY DUNN	BOARD MEMBER	0.50	Director	$0	$0	$0
ANDY HARDY	SECRETARY	0.50	Officer Director	$0	$0	$0
DERRICK MARCONI	BOARD MEMBER	0.50	Director	$0	$0	$0
JERRY MILTON	BOARD MEMBER	0.50	Director	$0	$0	$0
REID WILLIAMS	PRESIDENT	50.00	Officer	$85,000	$0	$85,000

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	No data	No data	No data	No data
2024	$7,853,702	$7,001,887	$36,223,125	$851,815
2023	$12,824,378	$836,011	$13,506,014	$11,988,367
2022	$1,456,052	$277,688	$1,180,033	$1,178,364

I-95 I-40 CROSSROADS OF AMERICA ECONOMIC DEVELOPMENT ALLIANCE INC