WESTON AREA DEVELOPMENT ASSOCIATION

EIN: 880783039 501(c)(3) Arts, Culture & Humanities

WESTON, OR

Total Revenue
$32,760
Total Expenses
$1,344
Total Assets
$31,416
Net Assets
$31,416
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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
2022
Legal Domicile
OR
Principal Officer
TRISH NEAL
Tax Period
2023-01-01 to 2023-12-31

WESTON AREA DEVELOPMENT ASSOCIATION, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $33K in total revenue in fiscal year 2023. The organization ran a surplus of $31K, a strong 96% operating margin.

Mission

This organization was formed to work towards restoration of historic buildings as well as assist the community with economic 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $32,760
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,344
Other Expenses $1,344
TOTAL EXPENSES $1,344

Year-over-Year Comparison

2023 2022 Change
Revenue $32,760 N/A N/A
Expenses $1,344 N/A N/A
Net Income $31,416 N/A N/A
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
6

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRISH NEAL 20
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
2023 $32,760 $1,344 $31,416 $31,416
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