GREATER WINSTON-SALEM INC FOUNDATION (EIN 510167887) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

MARK OWENS

Phone

3367289200

Tax Period

2024-01-01 to 2024-12-31

GREATER WINSTON-SALEM INC FOUNDATION, founded in 1975, is a small nonprofit that reported $101K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $346K exceeded revenue, resulting in a 244% operating deficit.

Mission

REPRESENT THE GREATER WINSTON-SALEM'S PHILANTHROPIC AND ELEEMOSYNARY INTERESTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $100,726

Program Service Revenue $0

Investment Income $57

Other Revenue $0

TOTAL REVENUE $100,783

Expense Breakdown

Grants Paid $293,863

Salaries & Benefits $8,750

Fundraising Expenses $0

Program Expenses $346,316

Other Expenses $43,703

TOTAL EXPENSES $346,316

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,783	$60,247	+0.7%
Expenses	$346,316	$399,809	-0.1%
Net Income	$-245,533	$-339,562	-0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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

$548,765

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK OWENS	PRESIDENT/CE	1.00	Officer	$0	$25,450	$358,260
NICK REED	CFO	2.00	Officer	$0	$22,455	$190,505
AJAY PATEL	TRUSTEE	1.00	Director	$0	$0	$0
BRENT WADDELL	TRUSTEE	1.00	Director	$0	$0	$0
ROB SIMON	TRUSTEE	1.00	Director	$0	$0	$0
KATIE POWER	TRUSTEE	1.00	Director	$0	$0	$0
STEVE BAGLEY	TRUSTEE	1.00	Director	$0	$0	$0
CATHY PACE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
APRILLE BELL	TREASURER	1.00	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	$100,783	$346,316	$568,594	$-245,533
2023	$60,247	$399,809	$754,936	$-339,562
2022	$348,869	$522,181	$914,333	$-173,312
2021	$102,500	$334,863	$1,046,282	$-232,363
2020	$1,752,006	$704,908	$1,069,412	$1,047,098

GREATER WINSTON-SALEM INC FOUNDATION