VALLEY ECONOMIC DEVELOPMENT CENTER INC (EIN 953139419) - 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

1976

Legal Domicile

Principal Officer

DAVID K GOTTLIEB

Phone

8185397200

Tax Period

2020-04-01 to 2020-06-30

VALLEY ECONOMIC DEVELOPMENT CENTER INC, founded in 1976, is a mid-sized nonprofit that reported $13.8M in total revenue in fiscal year 2020. Revenue surged 474% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.4M, a strong 97% operating margin.

Mission

TO CREATE AND SUSTAIN JOBS AND BUSINESSES IN OUR COMMUNITIES BY PROVIDING HIGH-QUALITY ECONOMIC DEVELOPMENT SERVICES.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $25,000

Program Service Revenue $38,944

Investment Income $494,042

Other Revenue $13,282,256

TOTAL REVENUE $13,840,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,258

Fundraising Expenses $0

Program Expenses $223,849

Other Expenses $290,202

TOTAL EXPENSES $447,460

Year-over-Year Comparison

	2020	2019	Change
Revenue	$13,840,242	$2,413,075	+4.7%
Expenses	$447,460	$5,310,363	-0.9%
Net Income	$13,392,782	$-2,897,288	-5.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD ARNOLD	COMPLIANCE DIRECTOR	40.00	Officer	$0	$0	$0
ROBERT J DENNEN	FINANCIAL CONSULTANT	40.00		$0	$0	$0
PEGI MATSUDA	BOARD MEMBER	4.00	Director	$0	$0	$0
LEANDRO TYBERG	BOARD MEMBER	4.00	Director	$0	$0	$0
ANITA WOLMAN	BOARD MEMBER	4.00	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
2020	$2,413,075	$5,310,363	$31,203,996	$-2,897,288
2020	$13,840,242	$447,460	No data	$13,392,782
2019	$4,595,194	$13,061,289	$41,149,591	$-8,466,095
2018	$8,809,589	$11,741,822	$58,174,995	$-2,932,233

VALLEY ECONOMIC DEVELOPMENT CENTER INC