PIEDMONT COUNCIL INC BSA

EIN: 560529991 501(c)(3)

Gastonia, NC

Total Revenue
$2,875,644
Total Expenses
$2,690,629
Total Assets
$7,935,590
Net Assets
$7,500,219
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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
1923
Legal Domicile
NC
Principal Officer
Jessie C Bowes Jr
Tax Period
2023-01-01 to 2023-12-31

PIEDMONT COUNCIL INC BSA, founded in 1923, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 6% surplus.

Mission

It is the mission of the Piedmont Council to serve others by helping to instill values in young people and in other ways prepare them to make ethical choices over their lifetime in acheiving their full potential.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,169,863
Program Service Revenue $626,681
Investment Income $608,348
Other Revenue $470,752
TOTAL REVENUE $2,875,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,529,659
Fundraising Expenses $288,223
Program Expenses $2,215,234
Other Expenses $1,160,970
TOTAL EXPENSES $2,690,629

Year-over-Year Comparison

2023 2022 Change
Revenue $2,875,644 $2,154,441 +0.3%
Expenses $2,690,629 $2,282,320 +0.2%
Net Income $185,015 $-127,879 -2.4%
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

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Governance

Voting Members
38
Independent Members
38
Employees
69
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
2
$218,731
Total Directors
1
$0
Key Employees
1
$218,731
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessie C Bowes Jr Executive Director 40.00
Officer Key Emp Highest
$202,056 $16,675 $218,731
Charles Gallman Treasurer 1.00
Director
$0 $0 $0
Mark Skillestad President 3.00
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
2024 No data No data No data No data
2023 $2,875,644 $2,690,629 $7,935,590 $185,015
2022 $2,154,441 $2,282,320 $7,714,421 $-127,879
2021 $2,335,506 $2,288,368 $7,785,544 $47,138
2020 $1,999,701 $2,443,640 $7,712,127 $-443,939
2019 $2,401,184 $2,642,414 $8,594,133 $-241,230
2018 $2,458,056 $2,597,636 $8,728,117 $-139,580
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