GREATER WINSTON-SALEM INC (EIN 560459820) - 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

1942

Legal Domicile

Principal Officer

MARK OWENS

Phone

3367289200

Tax Period

2023-01-01 to 2023-12-31

GREATER WINSTON-SALEM INC, founded in 1942, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Expenses of $2.5M left a modest 12% surplus.

Mission

TO PROMOTE AND ENCOURAGE BUSINESS DEVELOPMENT IN WINSTON-SALEM AND FORYSTH COUNTY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,183,168

Program Service Revenue $1,550,449

Investment Income $45,790

Other Revenue $9,295

TOTAL REVENUE $2,788,702

Expense Breakdown

Grants Paid $352,401

Salaries & Benefits $1,227,122

Fundraising Expenses $0

Other Expenses $870,535

TOTAL EXPENSES $2,450,058

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,788,702	$2,593,189	+0.1%
Expenses	$2,450,058	$2,259,352	+0.1%
Net Income	$338,644	$333,837	+0.0%

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

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

$496,586

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK OWENS	PRESIDENT/CE	24.00	Officer	$285,430	$24,421	$309,851
NICK REED	CFO	28.00	Officer	$165,512	$21,223	$186,735
LAURA LEE	SVP OF ECONO	0.00	Highest	$132,856	$16,129	$148,985
STEVE LINEBERGER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS FOX	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT SEWELL	DIRECTOR	1.00	Director	$0	$0	$0
COLEMAN TEAM	DIRECTOR	1.00	Director	$0	$0	$0
ELISE PETERS CAREY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BYRNE	DIRECTOR	1.00	Director	$0	$0	$0
RANDALL TUTTLE	DIRECTOR	1.00	Director	$0	$0	$0
TERRY HALES	DIRECTOR	1.00	Director	$0	$0	$0
TODD HALL	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN SWERBINSKY	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY FLYTHE	DIRECTOR	1.00	Director	$0	$0	$0
MAMIE SUTPHIN	DIRECTOR	1.00	Director	$0	$0	$0
SAM METZLER	DIRECTOR	1.00	Director	$0	$0	$0
JEFF LINDSAY	FORMER CHAIR	1.00	Director	$0	$0	$0
AUBREY LINVILLE	DIRECTOR	1.00	Director	$0	$0	$0
BRENT WADDELL	DIRECTOR	1.00	Director	$0	$0	$0
JASON WENKER	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
DR JULIA JACKSON-NEWSOM	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID NEILL	FORMER CHAIR	1.00	Director	$0	$0	$0
JOHN DAVENPORT JR	DIRECTOR	1.00	Director	$0	$0	$0
JANET SPRIGGS	DIRECTOR	1.00	Director	$0	$0	$0
TRENT JERNIGAN	DIRECTOR	1.00	Director	$0	$0	$0
BILL MCCLAIN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MULLEN	DIRECTOR	1.00	Director	$0	$0	$0
SHAY MUSTAFA	DIRECTOR	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
ELWOOD ROBINSON	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE LANCASTER	CHAIR ELECT	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	No data	No data	No data	No data
2023	$2,788,702	$2,450,058	$3,836,667	$338,644
2022	$2,593,189	$2,259,352	$3,397,180	$333,837
2021	$1,786,038	$1,688,741	$2,963,199	$97,297
2020	$1,979,787	$1,652,271	$2,748,772	$327,516
2019	$1,751,594	$1,888,625	$2,577,263	$-137,031
2018	$1,793,980	$1,816,901	$2,655,625	$-22,921

GREATER WINSTON-SALEM INC