THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC (EIN 521523729) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

BOYD PHILLIPS

Phone

8286524535

Tax Period

2024-07-01 to 2025-06-30

THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC, founded in 1987, is a micro nonprofit that reported $85K in total revenue in fiscal year 2024. Revenue surged 261% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 80% operating margin.

Mission

TO PROVIDE ASSISTANCE TO MCDOWELL COUNTY SCHOOLS THROUGH THE ADMINISTRATION OF GRANTS, SCHOLARSHIPS, AND DIRECT SERVICES TO PROGRAMS AND TO INDIVIDUAL SCHOOLS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $83,324

Program Service Revenue $0

Investment Income $1,381

Other Revenue $0

TOTAL REVENUE $84,705

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,249

Other Expenses $17,249

TOTAL EXPENSES $17,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,705	$23,461	+2.6%
Expenses	$17,249	$14,434	+0.2%
Net Income	$67,456	$9,027	+6.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM BURGIN	BOARDMEMBER	1.00	Director	$0	$0	$0
NATALIE GOUGE	BOARDMEMBER	1.00	Director	$0	$0	$0
TRACY GRIT	BOARDMEMBER	1.00	Director	$0	$0	$0
STEVE JONES	BOARDMEMBER	1.00	Director	$0	$0	$0
DONNA KIRKPATRICK	BOARDMEMBER	1.00	Director	$0	$0	$0
ANDY MORGAN	BOARDMEMBER	1.00	Director	$0	$0	$0
EDDIE SHUFFORD	BOARDMEMBER	1.00	Director	$0	$0	$0
BOBBY YOUNG	BOARDMEMBER	1.00	Director	$0	$0	$0
BOYD PHILLIPS	CHAIRMAN	2.00	Officer	$0	$0	$0
SUZANNE RAMPEY	SECRETARY -	2.00	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
2025	$84,705	$17,249	$164,241	$67,456
2024	$23,461	$14,434	$96,785	$9,027
2023	$17,269	$23,172	$87,758	$-5,903
2022	$17,423	$24,067	$93,661	$-6,644
2021	$38,974	$29,953	$100,305	$9,021
2020	$40,011	$58,567	$91,284	$-18,556
2019	$43,185	$31,456	$109,840	$11,729
2018	$40,891	$30,114	$98,111	$10,777

THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC