NORTH CAROLINA EGG ASSOCIATION INC (EIN 560731299) - 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

1961

Legal Domicile

Principal Officer

LISA PRINCE

Phone

9193191195

Tax Period

2024-01-01 to 2024-12-31

NORTH CAROLINA EGG ASSOCIATION INC, founded in 1961, is a small nonprofit that reported $681K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 17% operating margin.

Mission

PROMOTION AND DEVELOPMENT OF THE EGG INDUSTRY IN NC

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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 $432,342

Program Service Revenue $237,218

Investment Income $11,267

Other Revenue $0

TOTAL REVENUE $680,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,082

Fundraising Expenses $0

Other Expenses $432,159

TOTAL EXPENSES $565,241

Year-over-Year Comparison

	2024	2023	Change
Revenue	$680,827	$519,012	+0.3%
Expenses	$565,241	$491,887	+0.1%
Net Income	$115,586	$27,125	+3.3%

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

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

$124,184

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA PRINCE	EXECUTIVE DI	40.00	Officer	$115,520	$8,664	$124,184
ALEX SIMPSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
TREY BRASWELL	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
LAKE WAGNER	SECREARY/TRE	1.00	Officer Director	$0	$0	$0
TOMMY FURLOUGH	DIRECTOR	2.00	Director	$0	$0	$0
FRANK LATTA	DIRECTOR	1.00	Director	$0	$0	$0
TONY WESNER	DIRECTOR	1.00	Director	$0	$0	$0
CARLYLE TEAQUE	EX-OFFICIO	1.00	Director	$0	$0	$0
DR JOE FRENCH	EX-OFFICIO	1.00	Director	$0	$0	$0
FRANK SIEWERDT	EX-OFFICIO	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	$680,827	$565,241	$640,394	$115,586
2023	$519,012	$491,887	$488,103	$27,125
2022	$433,957	$381,445	$476,063	$52,512
2021	$472,089	$447,448	$413,759	$24,641
2020	$366,900	$318,211	$427,422	$48,689
2019	$478,605	$494,074	$343,250	$-15,469
2018	$383,664	$381,855	$385,110	$1,809

NORTH CAROLINA EGG ASSOCIATION INC