WINSTONSALEM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
TO CARRY OUT THOSE ACTIVITIES IN THE INTEREST OF THE PEOPLE OF WINSTON- SALEM AND FORSYTH COUNTY AND WHICH ARE OF A PHILANTHROPIC AND ELEEMOSYNARY NATURE FOCUSING ON ENTREPRENEURIAL GRANT INITIATIVE TO SUPPORT THE GROWTH OF WINSTON-SALEM'S BUSINESSES AND INNOVATION ECONOMY.
EDUCATION PROGRAMS FUNDS CONTRIBUTED TO ADDRESS EDUCATION ISSUES INCLUDING IMPROVING HIGH SCHOOL GRADUATION RATES THROUGH MENTORSHIP PROGRAMS, PARTNERING LOCAL BUSINESSES AND LOCAL SCHOOLS AND...
EDUCATION PROGRAMS FUNDS CONTRIBUTED TO ADDRESS EDUCATION ISSUES INCLUDING IMPROVING HIGH SCHOOL GRADUATION RATES THROUGH MENTORSHIP PROGRAMS, PARTNERING LOCAL BUSINESSES AND LOCAL SCHOOLS AND RECRUITING CORPORATE VOLUNTEERS TO WORK WITH LOCAL ELEMENTARY SCHOOL AGE CHILDREN. SMALL BUSINESS PROGRAMS FUNDS CONTRIBUTED TO SUPPORT (1) AN OPERATING GRANT PROGRAM IN SUPPORT OF BUSINESSES LOCATED WITHIN FORSYTH COUNTY THAT ARE ADVERSELY IMPACTED BY FEDERALLY OR STATE-DECLARED DISASTERS IN ORDER TO COMBAT COMMUNITY DETERIORATION AND TO LESSEN THE BURDENS OF GOVERNMENT AND (2) ENTREPRENEURIAL GRANT INITIATIVES TO SUPPORT THE GROWTH OF WINSTON- SALEM'S INNOVATION ECONOMY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare GREATER WINSTON-SALEM INC FOUNDATION with other nonprofits in North Carolina and across the country.