Oak Hill Ruritan Club Inc

EIN: 311697815 Community Improvement

Lenoir, NC

Total Revenue
$13,479
Total Expenses
$123,561
Total Assets
$131,156
Net Assets
$131,156
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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
1956
Legal Domicile
NC
Principal Officer
Larry Teeters
Phone
8287580159
Tax Period
2024-01-01 to 2024-12-31

Oak Hill Ruritan Club Inc, founded in 1956, is a micro nonprofit in the Community Improvement sector that reported $13K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $124K exceeded revenue, resulting in a 817% operating deficit.

Mission

to give the community a place to gater and provide support to the community

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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 $7,944
Program Service Revenue $0
Investment Income $575
Other Revenue $4,960
TOTAL REVENUE $13,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $115,672
Other Expenses $123,561
TOTAL EXPENSES $123,561

Year-over-Year Comparison

2024 2023 Change
Revenue $13,479 $264,067 -0.9%
Expenses $123,561 $80,191 +0.5%
Net Income $-110,082 $183,876 -1.6%
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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allen Penley President N/A
$0 $0 $0
Rebecca Rid VP N/A
$0 $0 $0
Larry Teeters Treasurer N/A
$0 $0 $0
Marty Weny Secretary N/A
$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 $13,479 $123,561 $131,156 $-110,082
2023 $264,067 $80,191 $242,074 $183,876
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