WEAKLEY COUNTY JOINT ECONOMIC DEVELOPMENT CORPORATION (EIN 884286471) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

Justin Crice

Phone

7315148520

Tax Period

2023-07-01 to 2024-06-30

WEAKLEY COUNTY JOINT ECONOMIC DEVELOPMENT CORPORATION, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $276K in total revenue in fiscal year 2023. The organization ran a surplus of $96K, a strong 35% operating margin.

Mission

To improve economic activity for all of Weakley County, Tennessee

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $267,690

Program Service Revenue $0

Investment Income $8,447

Other Revenue $0

TOTAL REVENUE $276,137

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,066

Fundraising Expenses $0

Program Expenses $31,576

Other Expenses $59,655

TOTAL EXPENSES $179,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,137	$268,818	+0.0%
Expenses	$179,721	$149,353	+0.2%
Net Income	$96,416	$119,465	-0.2%

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

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

$185,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Justin Crice	CEO	40.00	Officer	$92,500	$92,500	$185,000
Tommy Legins	Chairperson	1.00	Director	$0	$0	$0
John Bucy	Secretary/Treasurer	1.00	Director	$0	$0	$0
Randy Huffstetler	Director	1.00	Director	$0	$0	$0
Dr Yancy Freeman	Director	1.00	Director	$0	$0	$0
Eric Owen	Director	1.00	Director	$0	$0	$0
Steven Scott	Director	1.00	Director	$0	$0	$0
Ricky Finney	Director	1.00	Director	$0	$0	$0
Mayor Jake Bynum	Director	1.00	Director	$0	$0	$0
Mayor Randy Brundige	Director	1.00	Director	$0	$0	$0
Mayor Cynthia McAdams	Director	1.00	Director	$0	$0	$0
Mayor Mark Maddox	Director	1.00	Director	$0	$0	$0
Mayor Charles Anderson	Director	1.00	Director	$0	$0	$0
Mayor Donna Stricklin	Director	1.00	Director	$0	$0	$0
Andrea Harrington	Director	1.00	Director	$0	$0	$0
Brian Legons	Director	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
2025	No data	No data	No data	No data
2024	$276,137	$179,721	$522,964	$96,416
2023	$268,818	$149,353	$424,442	$119,465

WEAKLEY COUNTY JOINT ECONOMIC DEVELOPMENT CORPORATION