NET DEVELOPMENT INCORPORATED (EIN 873927994) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

MATT FRIES

Phone

4794099769

Tax Period

2024-01-01 to 2024-12-31

NET DEVELOPMENT INCORPORATED, founded in 2022, is a micro nonprofit in the International Affairs sector that reported $54K in total revenue in fiscal year 2022.

Mission

TO NETWORK, ENVISION, AND TRAIN INTERNATIONAL ORGANIZATIONS THAT SEEK TO IMPROVE QUALITY OF LIFE IN DEVELOPING COUNTRIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $222,773

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $222,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,653

Fundraising Expenses $0

Program Expenses $198,738

Other Expenses $29,650

TOTAL EXPENSES $211,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,773	N/A	N/A
Expenses	$211,303	N/A	N/A
Net Income	$11,470	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
GREG MARSH	TRUSTEE	1.00	Director	$0	$0	$0
BRETT BAKER	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN HOGAN	TRUSTEE	1.00	Director	$0	$0	$0
LOUISE HOGAN	TRUSTEE	1.00	Director	$0	$0	$0
MATT FRIES	DIRECTOR	40.00	Officer Director Key Emp Highest	$0	$0	$0
JAMES DUNN	TREASURER	1.00	Officer	$0	$0	$0
HEATHER MARSH	SECRETARY	1.00	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
2024	$222,773	$211,303	$27,214	$11,470
2023	$217,816	$204,803	$18,403	$13,013
2022	$53,587	$55,083	$6,032	$-1,496

NET DEVELOPMENT INCORPORATED