TWIN CITY DEVELOPMENT FOUNDATION (EIN 208548088) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

ROBERT EGLESTON

Phone

3367773595

Tax Period

2024-01-01 to 2024-12-31

TWIN CITY DEVELOPMENT FOUNDATION, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $958K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $205K, a strong 21% operating margin.

Mission

TO FUND PUBLIC EDUCATION AND ECONOMIC DEVELOPMENT IN FORSYTH COUNTY AND SURROUNDING AREAS.

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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 $0

Program Service Revenue $0

Investment Income $956,609

Other Revenue $1,875

TOTAL REVENUE $958,484

Expense Breakdown

Grants Paid $620,300

Salaries & Benefits $36,000

Fundraising Expenses $0

Other Expenses $97,510

TOTAL EXPENSES $753,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$958,484	$1,097,592	-0.1%
Expenses	$753,810	$713,314	+0.1%
Net Income	$204,674	$384,278	-0.5%

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

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

$36,000

Total Directors

$36,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT EGLESTON	EXECUTIVE DI	12.00	Officer Director	$36,000	$0	$36,000
GREG BREWER	DIRECTOR	0.20	Director	$0	$0	$0
VIVIAN PEREZ CHANDLER	DIRECTOR	0.20	Director	$0	$0	$0
CAROL DAVIS	DIRECTOR	0.20	Director	$0	$0	$0
DAMON SANDERS-PRATT	DIRECTOR	0.20	Director	$0	$0	$0
BETSY BROWN	DIRECTOR	0.20	Director	$0	$0	$0
SANDRA FISHEL-BOOTH	DIRECTOR	0.20	Director	$0	$0	$0
PENN BROYHILL	DIRECTOR	0.20	Director	$0	$0	$0
MELVIN SCALES	DIRECTOR	0.20	Director	$0	$0	$0
DIXON PITT	DIRECTOR	0.20	Director	$0	$0	$0
ADAM SEBASTIAN	DIRECTOR	0.20	Director	$0	$0	$0
JAMARKUS SWINSON	DIRECTOR	0.20	Director	$0	$0	$0
JULIA TOWNSEND	DIRECTOR	0.20	Director	$0	$0	$0
MAMIE SUTPHIN	CHAIR	0.20	Officer Director	$0	$0	$0
ROBERT CLARK	VICE CHAIR/T	0.20	Officer Director	$0	$0	$0
RALPH WOMBLE	PAST CHAIR	0.20	Officer Director	$0	$0	$0
ANDY DREYFUSS	2ND PAST CHA	0.20	Officer 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	$958,484	$753,810	$16,423,153	$204,674
2023	$1,097,592	$713,314	$14,990,048	$384,278
2022	$-115,486	$444,505	$13,639,500	$-559,991
2021	$628,620	$659,219	$16,743,150	$-30,599
2020	$2,506,722	$242,582	$14,960,601	$2,264,140
2018	$257,478	$643,644	$9,213,607	$-386,166

TWIN CITY DEVELOPMENT FOUNDATION