THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY INC

EIN: 464563055 501(c)(3) Education

FLAT ROCK, NC

Total Revenue
$100,619
Total Expenses
$127,296
Total Assets
$23,386
Net Assets
$23,386
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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
2013
Legal Domicile
NC
Principal Officer
DR LEE THAYER
Phone
8283290175
Tax Period
2018-01-01 to 2018-12-31

THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY INC, founded in 2013, is a small nonprofit in the Education sector that reported $101K in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $127K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE THAYER INSTITUTE FOR PERFORMANCE VIRTUOSITY IS DEDICATED TO RAISING THE QUALITY OF LIFE IN AMERICA ONE ORGANIZATION, ONE INSTITUTION, AND ONE PERSON AT A TIME. THIS IS GROUNDED IN 4 CONCEPTS AS FOLLOWS: COMPETENCE, RESPONSIBILITY, PURPOSE, GROWTH THROUGH LEARNING.

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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 (2018)

Revenue Breakdown

Contributions & Grants $2,500
Program Service Revenue $98,119
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $124,060
Other Expenses $127,296
TOTAL EXPENSES $127,296

Year-over-Year Comparison

2018 2017 Change
Revenue $100,619 $134,945 -0.3%
Expenses $127,296 $119,069 +0.1%
Net Income $-26,677 $15,876 -2.7%
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
10
Independent Members
10
Employees
N/A
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
3
$24,866
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRATTAN GELDER SECRETARY 2.00
Officer Director
$0 $0 $0
CAROLE FISHER TREASURER 2.00
Officer Director
$0 $0 $0
DR OZZIE GONTANG BOARD MEMBER 2.00
Director
$0 $0 $0
JOELLE MOLES BOARD MEMBER 2.00
Director
$0 $0 $0
LARRY BULL BOARD MEMBER 2.00
Director
$0 $0 $0
BILL CLARK BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN PICKHARDT BOARD MEMBER 2.00
Director
$0 $0 $0
VINCENT HAYWARD BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE HOLMES BOARD MEMBER 2.00
Director
$0 $0 $0
DR LEE THAYER PRESIDENT 20.00
Officer
$24,866 $0 $24,866
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
2018 $100,619 $127,296 $23,386 $-26,677
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