WINSTONSALEM, NC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)GREATER WINSTON-SALEM DEVELOPMENT CORP, founded in 2003, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $711K, a strong 44% operating margin.
TO RECRUIT NEW BUSINESSES TO WINSTON-SALEM AND FORSYTH COUNTY IN ORDER TO FACILITATE GROWTH AND ECONOMIC DIVERSIFICATION IN THE AREA.
THE ORGANIZATION SUPPORTS THE LOCAL BUSINESS COMMUNITY IN ITS EFFORT TO INCREASE INVESTMENT AND JOBS THROUGHOUT FORSYTH COUNTY, NC. WE TARGET THE FOLLOWING INDUSTRIES FOR ECONOMIC GROWTH AND...
THE ORGANIZATION SUPPORTS THE LOCAL BUSINESS COMMUNITY IN ITS EFFORT TO INCREASE INVESTMENT AND JOBS THROUGHOUT FORSYTH COUNTY, NC. WE TARGET THE FOLLOWING INDUSTRIES FOR ECONOMIC GROWTH AND EXPANSION: HEALTHCARE/LIFE SCIENCE, AEROSPACE/AVIATION, HEADQUARTERS & BUSINESS SERVICES, ADVANCED MANUFACTURING (TRANSPORTATION/LOGISTICS AND FOOD & BEVERAGE MANUFACTURING), TECHNOLOGY & HIGH GROWTH ENTREPRENEURSHIP. WE EMPHASIZE INNOVATION AND ENTREPRENEURSHIP ACROSS ALL TARGET SECTORS, TO RECOGNIZE WINSTON-SALEM'S STRENGTH IN INNOVATIVE THOUGHT AND CREATIVE ECONOMY.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,620,487 | $791,137 | +1.0% |
| Expenses | $909,476 | $808,007 | +0.1% |
| Net Income | $711,011 | $-16,870 | -43.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK OWENS | PRESIDENT/CE | 16.00 |
Officer
|
$0 | $24,421 | $309,851 |
| NICK REED | CFO | 12.00 |
Officer
|
$0 | $21,223 | $186,735 |
| LAURA LEE | SVP OF ECONO | 40.00 |
Highest
|
$0 | $16,129 | $148,985 |
| MAMIE SUTPHIN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE LINEBERGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD HALL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| COLEMAN TEAM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ELWOOD ROBINSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SAM METZLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHY PACE | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| APRILLE BELL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JANET SPRIGGS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE LANCASTER | CHAIR ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,620,487 | $909,476 | $2,114,188 | $711,011 |
| 2022 | $791,137 | $808,007 | $1,389,916 | $-16,870 |
| 2021 | $628,246 | $1,042,946 | $1,483,788 | $-414,700 |
| 2020 | $454,726 | $1,547,098 | $1,818,161 | $-1,092,372 |
| 2019 | $939,883 | $829,077 | $5,323,722 | $110,806 |
| 2018 | $1,167,246 | $675,303 | $6,740,464 | $491,943 |
Compare GREATER WINSTON-SALEM DEVELOPMENT CORP with other nonprofits in North Carolina and across the country.