CREATIVE CORRIDORS COALITION (EIN 272760328) - 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

2010

Legal Domicile

Principal Officer

CHRISTIE WILLIAMS

Phone

3364073147

Tax Period

2024-01-01 to 2024-12-31

CREATIVE CORRIDORS COALITION, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $257K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $163K, a strong 64% operating margin.

Mission

TO GATHER COMMUNITY INPUT INTO THE DESIGN, PLANNING AND CONSTRUCTION OF ROADWAY INFRASTRUCTURE PROJECTS IN AND AROUND DOWNTOWN WINSTON-SALEM, NC

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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 $254,167

Program Service Revenue $0

Investment Income $2,476

Other Revenue $0

TOTAL REVENUE $256,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,314

Fundraising Expenses $43,903

Program Expenses $16,460

Other Expenses $73,151

TOTAL EXPENSES $93,465

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,643	$152,708	+0.7%
Expenses	$93,465	$129,795	-0.3%
Net Income	$163,178	$22,913	+6.1%

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
ABREA ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
ELISE BARRELLA	DIRECTOR	1.00	Director	$0	$0	$0
KELLY BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
DELTRA BONNER	CHAIR	1.00	Director	$0	$0	$0
SANDRA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE BUMGARNER	DIRECTOR	1.00	Director	$0	$0	$0
DIANNE CAESAR	DIRECTOR	1.00	Director	$0	$0	$0
RENCE CALLAHAN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT CAWOOD	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER CHAPMAN	DIRECTOR	1.00	Director	$0	$0	$0
BILL DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
AMY EASTER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT EGLESTON	BOARD DEV CH	1.00	Director	$0	$0	$0
FLEMING EL-AMIN	GVT RELATION	1.00	Director	$0	$0	$0
GREG ERRETT	DIRECTOR	1.00	Director	$0	$0	$0
REDGE HANES	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY HOOTS	DIRECTOR	1.00	Director	$0	$0	$0
HOBART JONES	DIRECTOR	1.00	Director	$0	$0	$0
PAM PEOPLES JOYNER	DIRECTOR	1.00	Director	$0	$0	$0
WILL JOYNER	DIRECTOR	1.00	Director	$0	$0	$0
THEODORE MILTON RHODES JR	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LARSON	DIRECTOR	1.00	Director	$0	$0	$0
HAZEL MACK	DIRECTOR	1.00	Director	$0	$0	$0
RYAN MANUAL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM ROSE	TREASURER	1.00	Officer Director	$0	$0	$0
CHIP RUMPH	DIRECTOR	1.00	Director	$0	$0	$0
ANNETTE SCIPPIO	DIRECTOR	1.00	Director	$0	$0	$0
TALITHA VICKERS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WAKEFORD	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE WILLIAMS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TERRY WILLIAMS	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	$256,643	$93,465	$237,921	$163,178
2023	$152,708	$129,795	$76,891	$22,913
2022	$69,134	$107,547	$38,295	$-38,413
2021	$221,269	$153,582	$76,446	$67,687
2020	No data	$6,995	$8,759	No data

CREATIVE CORRIDORS COALITION