NC FORESTRY ASSOCIATION

EIN: 043626382 Environment

RALEIGH, NC

Total Revenue
$2,202,505
Total Expenses
$2,224,566
Total Assets
$1,226,644
Net Assets
$1,176,443
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
NC
Principal Officer
JOHN HATCHER
Phone
9198343943
Tax Period
2024-01-01 to 2024-12-31

NC FORESTRY ASSOCIATION, founded in 1949, is a community nonprofit in the Environment sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 108% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE INTERESTS OF INDIVIDUALS AND BUSINESSES INVOLVED IN FORESTRY AND THE FOREST PRODUCTS INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $884,266
Program Service Revenue $1,211,318
Investment Income $91,596
Other Revenue $15,325
TOTAL REVENUE $2,202,505

Expense Breakdown

Grants Paid $0
Salaries & Benefits $740,383
Fundraising Expenses $0
Program Expenses $1,274,301
Other Expenses $1,484,183
TOTAL EXPENSES $2,224,566

Year-over-Year Comparison

2024 2023 Change
Revenue $2,202,505 $1,059,583 +1.1%
Expenses $2,224,566 $1,232,573 +0.8%
Net Income $-22,061 $-172,990 -0.9%
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
59
Independent Members
59
Employees
8
Volunteers
30

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
8
$213,938
Total Directors
59
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN HATCHER EXECUTIVE DI 40.00
Officer
$196,119 $17,819 $213,938
ROB ELLIOT CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHRIS CHAREST PRESIDENT 1.00
Officer Director
$0 $0 $0
JESS PARTON FIRST VICE P 1.00
Officer Director
$0 $0 $0
JADIE ANDREWS PRES ELECT/T 1.00
Officer Director
$0 $0 $0
JARED LUCAS PIEDMONT VIC 1.00
Officer Director
$0 $0 $0
RICHARD SANDERS WESTERN VICE 1.00
Officer Director
$0 $0 $0
TONY DOSTER EASTERN VICE 1.00
Officer Director
$0 $0 $0
TODD ADAMS DIRECTOR 1.00
Director
$0 $0 $0
TOMMY ADKINS DIRECTOR 1.00
Director
$0 $0 $0
MATT ALLEN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT ASKEW DIRECTOR 1.00
Director
$0 $0 $0
BLAIR BISHOP DIRECTOR 1.00
Director
$0 $0 $0
JOSH BLEDSOE DIRECTOR 1.00
Director
$0 $0 $0
JASON BOWMAN DIRECTOR 1.00
Director
$0 $0 $0
JAY BOYETTE DIRECTOR 1.00
Director
$0 $0 $0
JIM BRODIE DIRECTOR 1.00
Director
$0 $0 $0
BEN BURGER DIRECTOR 1.00
Director
$0 $0 $0
KENNETH CAIN DIRECTOR 1.00
Director
$0 $0 $0
JOHN CECIL DIRECTOR 1.00
Director
$0 $0 $0
WILLL COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
CLAY CREED DIRECTOR 1.00
Director
$0 $0 $0
CHUCK DANIELS DIRECTOR 1.00
Director
$0 $0 $0
TARA DICKSON DIRECTOR 1.00
Director
$0 $0 $0
BILL DINE DIRECTOR 1.00
Director
$0 $0 $0
TRIPP DOWLING DIRECTOR 1.00
Director
$0 $0 $0
TYSON EDWARDS DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY FAIRCLOTH DIRECTOR 1.00
Director
$0 $0 $0
DAVID GADD DIRECTOR 1.00
Director
$0 $0 $0
BRETT GOULDING DIRECTOR 1.00
Director
$0 $0 $0
GEORGE HAHN DIRECTOR 1.00
Director
$0 $0 $0
PETE HANCOCK DIRECTOR 1.00
Director
$0 $0 $0
MIKE HARRIS DIRECTOR 1.00
Director
$0 $0 $0
GREG HICKS DIRECTOR 1.00
Director
$0 $0 $0
DANIEL HODGE DIRECTOR 1.00
Director
$0 $0 $0
DYLAN HURLEY DIRECTOR 1.00
Director
$0 $0 $0
ALEC KEARNS DIRECTOR 1.00
Director
$0 $0 $0
AJ KEATING DIRECTOR 1.00
Director
$0 $0 $0
KEN LIN DIRECTOR 1.00
Director
$0 $0 $0
ARTURO LUMPKIN DIRECTOR 1.00
Director
$0 $0 $0
MIKE MARKS DIRECTOR 1.00
Director
$0 $0 $0
JAMES MATHIS DIRECTOR 1.00
Director
$0 $0 $0
JEFF MEACHAM DIRECTOR 1.00
Director
$0 $0 $0
PHIL MEAD DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN MORETZ DIRECTOR 1.00
Director
$0 $0 $0
RUSS NEWTON DIRECTOR 1.00
Director
$0 $0 $0
BLAIR OWEN DIRECTOR 1.00
Director
$0 $0 $0
WIB OWEN DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PAGE DIRECTOR 1.00
Director
$0 $0 $0
WILL REESE DIRECTOR 1.00
Director
$0 $0 $0
GREG RICKS DIRECTOR 1.00
Director
$0 $0 $0
PHIL SMITH DIRECTOR 1.00
Director
$0 $0 $0
LORI SPIECE DIRECTOR 1.00
Director
$0 $0 $0
KIM STEWART DIRECTOR 1.00
Director
$0 $0 $0
RICHARD TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
WILL TULLOSS DIRECTOR 1.00
Director
$0 $0 $0
CIERRA WARD DIRECTOR 1.00
Director
$0 $0 $0
SETH WARD DIRECTOR 1.00
Director
$0 $0 $0
JERRY WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
JOCELYN WILSON 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
2024 $2,202,505 $2,224,566 $1,226,644 $-22,061
2023 $1,059,583 $1,232,573 $1,242,451 $-172,990
2022 $944,542 $1,026,500 $1,333,387 $-81,958
2021 $881,130 $773,377 $1,489,442 $107,753
2020 $864,276 $615,189 $1,359,359 $249,087
2019 $1,129,206 $981,348 $1,074,877 $147,858
2018 $1,100,614 $998,620 $916,796 $101,994
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