HATTERAS VILLAGE CIVIC ASSOC INC (EIN 237097949) - 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

1974

Legal Domicile

Principal Officer

KARLA JARVIS

Phone

2529954901

Tax Period

2024-01-01 to 2024-12-31

HATTERAS VILLAGE CIVIC ASSOC INC, founded in 1974, is a small nonprofit that reported $207K in total revenue in fiscal year 2024. The organization ran a surplus of $137K, a strong 66% operating margin.

Mission

CIVIC ASSOCIATION

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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 $18,648

Program Service Revenue $131,139

Investment Income $52

Other Revenue $57,183

TOTAL REVENUE $207,022

Expense Breakdown

Grants Paid $35,854

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,926

Other Expenses $34,297

TOTAL EXPENSES $70,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,022	$194,119	+0.1%
Expenses	$70,151	$70,501	0.0%
Net Income	$136,871	$123,618	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARLA JARVIS	PRESIDENT	3.00	Officer Director	$0	$0	$0
JORDAN TIMBERLINE	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
LAURIE PARKER	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE P SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
DAN ODEN Jr	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA HICKS	DIRECTOR	1.00	Director	$0	$0	$0
SAM MIDGETT	DIRECTOR	1.00	Director	$0	$0	$0
ERIN TRANT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NICK STUTTS	DIRECTOR	1.00	Director	$0	$0	$0
JENNA AIKEN	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	$207,022	$70,151	$1,569,240	$136,871
2023	$194,119	$70,501	$1,560,854	$123,618
2022	$109,835	$73,022	$1,529,736	$36,813
2021	$87,724	$78,478	$1,528,923	$9,246
2020	$32,220	$32,113	$1,159,677	$107
2019	$65,061	$61,385	$1,159,570	$3,676
2018	$107,952	$53,607	$1,155,894	$54,345

HATTERAS VILLAGE CIVIC ASSOC INC