COMMONS OF FORSYTH COUNTY INC

EIN: 460961990 501(c)(3)

WINSTONSALEM, NC

Total Revenue
N/A
Total Expenses
$14,038
Total Assets
N/A
Net Assets
N/A
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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
2012
Legal Domicile
NC
Principal Officer
TAMMY VERNON
Phone
3367653906
Tax Period
2021-07-01 to 2022-06-30

Mission

THE PROJECT SERVED HOMELESS FAMILIES WITH MINOR CHILDREN, YOUTH AGING OUT OF FOSTER CARE, AND POTENTIALLY SELF-SUFFICIENT AUTISTIC YOUNG ADULTS. THE PROJECT WAS SOLD TO A THIRD PARTY ON JUNE 18, 2021.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $14,038
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,038
Other Expenses $0
TOTAL EXPENSES $14,038

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $1,459,180 -1.0%
Expenses $14,038 $78,018 -0.8%
Net Income N/A $1,381,162 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
4

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MALLORY OATES SECRETARY 0.00
Officer Director
$0 $0 $0
GARRY MERRITT DIRECTOR 0.00
Director
$0 $0 $0
CRAIG PEATROSS PRESIDENT 0.00
Officer Director
$0 $0 $0
TAMMY VERNON TREASURER 0.00
Officer
$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
2022 No data $14,038 No data No data
2021 $1,459,180 $78,018 $18,865 $1,381,162
2020 $35,940 $97,387 $1,405,243 $-61,447
2019 $57,214 $261,396 $1,411,299 $-204,182
2018 $96,377 $841,898 $4,251,404 $-745,521
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