TULARE COUNTY ECONOMIC DEVELOPMENT… - Form 990 Financial Data

🔒

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

1983

Legal Domicile

Principal Officer

AMY SHUKLIAN

Phone

5596253100

Tax Period

2024-07-01 to 2025-06-30

TULARE COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1983, is a small nonprofit that reported $376K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $339K left a modest 10% surplus.

Mission

SINCE 1983, THE EDC HAS SERVED AS THE MARKETING AND BUSINESS RECRUITMENT ORGANIZATION FOR THE COMMUNITIES OF TULARE COUNTY WITH THE PRIMARY OBJECTIVE OF INCREASING EMPLOYMENT, PAYROLL, BUSINESS VOLUME, AND CORRESPONDING FACTORS. THE EDC ATTRACTS INDUSTRY TO TULARE COUNTY WHICH ENHANCES THE UNDERLYING ECONOMIC BASE OF THE COUNTY TO ENSURE THE PRESERVATION AND ENHANCEMENT OF AGRI-BUSINESS, LOCAL CULTURE AND QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $329,896 Revenue: $25,072

ATTRACTING VARIOUS COMPANIES TO RELOCATE TO THE TULARE COUNTY AREA

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $376,344

Program Service Revenue $6,000

Investment Income $6,572

Other Revenue $-13,282

TOTAL REVENUE $375,634

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,441

Fundraising Expenses $0

Program Expenses $329,896

Other Expenses $162,931

TOTAL EXPENSES $339,372

Year-over-Year Comparison

	2024	2023	Change
Revenue	$375,634	$419,517	-0.1%
Expenses	$339,372	$431,225	-0.2%
Net Income	$36,262	$-11,708	-4.1%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN POOCHIGIAN	PAST CHAIR	1.00	Officer Director	$0	$0	$0
AMY SHUKLIAN	CHAIR	1.00	Officer Director	$0	$0	$0
JEY LACEY	DIRECTOR	0.00	Director	$0	$0	$0
DONNETTE SILVA CARTER	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENT CALVIN	DIRECTOR	0.00	Director	$0	$0	$0
CLAYTON IPSEN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TIMOTHY HAYDOCK	DIRECTOR	0.00	Director	$0	$0	$0
RUDY MENDOZA	DIRECTOR	0.00	Director	$0	$0	$0
SUSAN GONZALEZ	DIRECTOR	0.00	Director	$0	$0	$0
KEVIN MCPHAILL	DIRECTOR	0.00	Director	$0	$0	$0
ADAM ENNIS	DIRECTOR	0.00	Director	$0	$0	$0
JASON RIDENOUR	DIRECTOR	0.00	Director	$0	$0	$0
MARC MONDELL	DIRECTOR	0.00	Director	$0	$0	$0
NICK SEALS	DIRECTOR	0.00	Director	$0	$0	$0
ROB TAYLOR	DIRECTOR	0.00	Director	$0	$0	$0
BENJAMIN PRADO	DIRECTOR	0.00	Director	$0	$0	$0
MIGUEL RAMIREZ	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL BOYER	DIRECTOR	0.00	Director	$0	$0	$0
VERONICA MENDOZA	DIRECTOR	0.00	Director	$0	$0	$0
JUSTIN WORKMAN	DIRECTOR	0.00	Director	$0	$0	$0
DAYMON QUALLS	DIRECTOR	0.00	Director	$0	$0	$0
DIANIS PIMENTEL	DIRECTOR	0.00	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	$375,634	$339,372	$469,147	$36,262
2024	$419,517	$431,225	$404,453	$-11,708
2023	$235,198	$386,688	$411,759	$-151,490
2022	$375,550	$449,621	$535,860	$-74,071
2021	$392,630	$552,336	$774,590	$-159,706
2020	$321,611	$469,855	$876,059	$-148,244
2019	$360,124	$364,521	$917,085	$-4,397
2018	$267,982	$414,739	$1,016,005	$-146,757

TULARE COUNTY ECONOMIC DEVELOPMENT CORPORATION