Lake Lure Flowering Bridge

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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

2011

Legal Domicile

Phone

7045782385

Tax Period

2024-01-01 to 2024-12-31

Lake Lure Flowering Bridge, founded in 2011, is a micro nonprofit in the Environment sector that reported $96K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $91K left a modest 5% surplus.

Mission

TO MAINTAIN GARDENS THAT ARE ENJOYABLE, INSPIRATIONAL, AND USED TO EDUCATE PEOPLE ABOUT GARDENING AND ITS HEALTH AND ENVIRONMENTAL BENEFITS.

Program Service Accomplishments

Program 1

Expenses: $83,625

TO MAINTAIN GARDENS THAT ARE ENJOYABLE, INSPIRATIONAL, AND USED TO EDUCATE PEOPLE ABOUT GARDENING AND ITS HEALTH AND ENVIRONMENTAL BENEFITS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,492

Program Service Revenue $0

Investment Income $-5,171

Other Revenue $62,414

TOTAL REVENUE $95,735

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $51

Program Expenses $83,625

Other Expenses $90,502

TOTAL EXPENSES $90,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,735	$141,503	-0.3%
Expenses	$90,502	$58,034	+0.6%
Net Income	$5,233	$83,469	-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

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
KATHY TANNER	President	25.00	Officer	$0	$0	$0
BARBARA MELLISKI	Secretary	5.00	Officer	$0	$0	$0
KENNETH TANNER	Treasurer	10.00	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
2024	$95,735	$90,502	$211,898	$5,233
2023	$141,503	$58,034	$206,665	$83,469
2022	$129,290	$60,332	$123,196	$68,958