THE GATE OF LENOIR COUNTY

🔒

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

2008

Legal Domicile

Principal Officer

KAREN HILL

Phone

2529393223

Tax Period

2025-01-01 to 2025-12-31

THE GATE OF LENOIR COUNTY, founded in 2008, is a micro nonprofit in the Crime & Legal sector that reported $23K in total revenue in fiscal year 2025. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $87K exceeded revenue, resulting in a 282% operating deficit.

Mission

GANG PREVENTION BY PROVIDING ACTIVITIES FOR YOUTH.

Program Service Accomplishments

Program 1

Expenses: $75,143

PROGRAM INCLUDE - OPEN FRIDAY NIGHT & LITTLE GATORS. ACTIVITIES INCLUDE MUSIC, FIELD TRIPS & GAMES WHICH HAVE BENEFITTED APPROX. 250 YOUTHS. THE OPEN FRIDAY PROGRAMS AVERAGE 35-40 PER WEEK.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $19,709

Program Service Revenue $0

Investment Income $3,134

Other Revenue $0

TOTAL REVENUE $22,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,426

Fundraising Expenses $0

Program Expenses $75,143

Other Expenses $63,922

TOTAL EXPENSES $87,348

Year-over-Year Comparison

	2025	2024	Change
Revenue	$22,843	$110,041	-0.8%
Expenses	$87,348	$125,052	-0.3%
Net Income	$-64,505	$-15,011	+3.3%

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

N/A

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
KEITH BOYETTE	BOARD MEMBER	2.00	Director	$0	$0	$0
ED EASON	BOARD MEMBER	2.00	Director	$0	$0	$0
LAREESA FARROW	BOARD MEMBER	2.00	Director	$0	$0	$0
KAREN HILL	CHAIRPERSON	2.00	Director	$0	$0	$0
JACKIE ROGERS	BOARD MEMBER	2.00	Director	$0	$0	$0
KHYYAM SHEPHERD	BOARD MEMBER	2.00	Director	$0	$0	$0
FELICIA SOLOMAN	VICE CHAIRPE	2.00	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
2025	$22,843	$87,348	$206,339	$-64,505
2024	$110,041	$125,052	$271,487	$-15,011
2023	$206,161	$246,176	$286,698	$-40,015
2022	$439,478	$178,753	$337,619	$260,725