Coulwood Community Council LTD

EIN: 560773306 501(c)(3) Recreation & Sports

Paw Creek, NC

Total Revenue
$270,400
Total Expenses
$144,509
Total Assets
$648,639
Net Assets
$224,125
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NC
Principal Officer
Cindia E Ferguson
Phone
7049049417
Tax Period
2023-05-01 to 2024-04-30

Coulwood Community Council LTD, founded in 1960, is a small nonprofit in the Recreation & Sports sector that reported $270K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 47% operating margin.

Mission

PROJECT ACTIVITY OBJECTIVES a. Short term objectives are to maintain and operate the Coulwood Community Clubhouse, Park and Coulwood Pool for the membership and community to provide recreational facilities for the welfare of the individuals and families. b. Long Term objectives are to encourage the Coulwood Community residents to become more inter

Program Service Accomplishments

Program 1
Expenses: $144,509

PROGRAM SERVICE ACCOMPLISHMENTS a. The Coulwood Pool was open for membership from Memorial Day weekend to Labor Day weekend. There were approximately 167 individual pool memberships and council...

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PROGRAM SERVICE ACCOMPLISHMENTS a. The Coulwood Pool was open for membership from Memorial Day weekend to Labor Day weekend. There were approximately 167 individual pool memberships and council memberships for the season.During the summer season the Coulwood Swim Team used the pool for team practices, team swim meets and league swim meets. Swim lessons are offered at the pool. On July 4th, the Pool was open to the public for a free swim with approximately 300 attending. Water aerobics activities were also available. b. There was movie night in the park, Easter egg hunt, photos with Santa, Senior citizens pancake breakfast. The Coulwood Clubhouse was also rented several times a month for varius family reunions, showers, birthday parties etc. The Coulwood Community Council Board of Directors holds monthly, bi-annual and special community meetings at the Clubhouse with 10 to 50 attending. c. The Coulwood Park is open dawn to dusk to the public and used by individuals, families and groups for picnics and gatherings. The annual 4th of July Community Celebration is held in the park.

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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 $270,400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $144,509
Other Expenses $144,509
TOTAL EXPENSES $144,509

Year-over-Year Comparison

2023 2022 Change
Revenue $270,400 $161,383 +0.7%
Expenses $144,509 $102,424 +0.4%
Net Income $125,891 $58,959 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cindy Ferguson President 025.00
Officer Director
$0 $0 $0
Leslie Campbell Treasurer 025.00
Officer Director
$0 $0 $0
Abby Limauge Secretary 025.00
Officer Director
$0 $0 $0
Joanne Baker Vice President 025.00
Officer Director Key Emp
$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 $270,400 $144,509 $648,639 $125,891
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