WAKE THE WORLD

EIN: 274618346 501(c)(3) Recreation & Sports

ASHEBORO, NC

Total Revenue
$156,928
Total Expenses
$98,549
Total Assets
$250,951
Net Assets
$250,951
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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
NC
Principal Officer
K GREG HODGIN
Phone
3362151135
Tax Period
2024-01-01 to 2024-12-31

WAKE THE WORLD, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $157K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 37% operating margin.

Mission

PROVIDING LOVE & ENCOURAGEMENT THROUGH WATERSPORTS FOR UNDERPRIVILEDGED CHILDREN AND HANDICAPABLE PERSONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $154,564
Program Service Revenue $0
Investment Income $2,364
Other Revenue $0
TOTAL REVENUE $156,928

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $97,450
Other Expenses $98,549
TOTAL EXPENSES $98,549

Year-over-Year Comparison

2024 2023 Change
Revenue $156,928 $94,751 +0.7%
Expenses $98,549 $109,808 -0.1%
Net Income $58,379 $-15,057 -4.9%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
1200

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAUN BRINKLE BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN CAROLL BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT DUNN BOARD MEMBER 0.50
Director
$0 $0 $0
K GREG HODGIN PRESIDENT 10.00
Officer Director
$0 $0 $0
LOIS HODGIN SECRETARY 0.50
Officer Director
$0 $0 $0
REYNOLDS LISK BOARD MEMBER 0.50
Director
$0 $0 $0
EDDIE TROGDON TREASURER 0.50
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
2024 $156,928 $98,549 $250,951 $58,379
2023 $94,751 $109,808 $192,572 $-15,057
2022 $72,140 $113,474 $207,629 $-41,334
2021 $101,662 $89,736 $248,963 $11,926
2020 $52,180 $32,553 $237,037 $19,627
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