THE SPHINX CLUB OF RALEIGH INC (EIN 560409982) - 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

1941

Legal Domicile

Principal Officer

REID JONES

Phone

9194173700

Tax Period

2024-01-01 to 2024-12-31

THE SPHINX CLUB OF RALEIGH INC, founded in 1941, is a small nonprofit that reported $281K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

THE SPHINX CLUB OF RALEIGH, INC. IS A NOT-FOR-PROFIT SOCIAL CLUB UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE.

🔒

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 $278,499

Program Service Revenue $0

Investment Income $2,283

Other Revenue $0

TOTAL REVENUE $280,782

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $272,935

TOTAL EXPENSES $272,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$280,782	$229,736	+0.2%
Expenses	$272,935	$282,058	0.0%
Net Income	$7,847	$-52,322	-1.1%

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

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

$625

Total Directors

$625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REID JONES	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID LIGGETT	FIRST V. PRE	1.00	Officer Director	$0	$0	$0
JOHN CHURCH	SECOND V PRE	1.00	Officer Director	$0	$0	$0
JOSEPH S HOGAN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
JOHN PURRINGTON	ASST. TREASU	1.00	Officer Director	$0	$625	$625
WALTER TIPPETT JR	PRESIDENT EX	1.00	Officer Director	$0	$0	$0
GRANT FISHER	MEMBER	1.00	Director	$0	$0	$0
GEORGE T SMITH JR	MEMBER	1.00	Director	$0	$0	$0
HARRIS VAUGHN	MEMBER	1.00	Director	$0	$0	$0
STEVEN LILLY	MEMBER	1.00	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	$280,782	$272,935	$170,369	$7,847
2023	$229,736	$282,058	$162,522	$-52,322
2022	$258,862	$331,139	$214,844	$-72,277
2021	$14,704	$138,211	$287,121	$-123,507
2020	$251,314	$163,559	$410,628	$87,755
2019	$243,438	$254,512	$322,873	$-11,074
2018	$252,403	$240,868	$333,947	$11,535

THE SPHINX CLUB OF RALEIGH INC