EASTERN CAROLINA VOCATIONAL CENTER INC

EIN: 560889288 501(c)(3) Employment

GREENVILLE, NC

Total Revenue
$13,960,421
Total Expenses
$10,742,772
Total Assets
$38,220,971
Net Assets
$35,176,334
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NC
Principal Officer
ELIZABETH DAVIS
Phone
2527584188
Tax Period
2024-07-01 to 2025-06-30

EASTERN CAROLINA VOCATIONAL CENTER INC, founded in 1965, is a mid-sized nonprofit in the Employment sector that reported $14.0M in total revenue in fiscal year 2024. The organization ran a surplus of $3.2M, a strong 23% operating margin.

Mission

TO HELP PERSONS WITH DISABILITIES ATTAIN A HIGHER QUALITY OF LIFE THROUGH ACHIEVEMENT OF THEIR VOCATIONAL GOALS.JOB TRAINING AND EMPLOYMENT SERVICES ARE PROVIDED TO PERSONS WITH DISABILITIES IN PITT COUNTY AND SURROUNDING AREAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $79,513
Program Service Revenue $816,240
Investment Income $747,822
Other Revenue $12,316,846
TOTAL REVENUE $13,960,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,453,493
Fundraising Expenses $0
Program Expenses $6,744,330
Other Expenses $2,289,279
TOTAL EXPENSES $10,742,772

Year-over-Year Comparison

2024 2023 Change
Revenue $13,960,421 $14,387,294 0.0%
Expenses $10,742,772 $10,606,690 +0.0%
Net Income $3,217,649 $3,780,604 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
214
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
9
$982,972
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON THOMAS PRESIDENT AN 40.00
Officer
$241,047 $19,670 $260,717
ELIZABETH DAVIS SENIOR VP AN 40.00
Officer
$220,964 $17,937 $238,901
TODD CLEMENTS VP OF OPERAT 40.00
Officer
$166,067 $4,613 $170,680
LISA WARD-ROSS FORMER CEO N/A
$150,001 $14,907 $164,908
DARONE DANCY VP OF WORKFO 40.00
Officer
$149,374 $14,791 $164,165
JOHN COWARD HCE 40.00
Highest
$148,345 $10,847 $159,192
ELLEN JACKSON VP OF CUSTOM 40.00
Officer
$134,038 $14,471 $148,509
GAIL PERKINS HCE 40.00
Highest
$132,047 $6,834 $138,881
MIRLINDA QOSJA HCE 40.00
Highest
$112,374 $13,402 $125,776
VONZETTA MAY HCE 40.00
Highest
$109,942 $13,138 $123,080
PHILLIP SASSER HCE 40.00
Highest
$105,165 $13,713 $118,878
JILL CARRAWAY BOARD MEMBER N/A
Director
$0 $0 $0
ANN CLARK BOARD MEMBER N/A
Director
$0 $0 $0
ALLEN CLAYTON BOARD MEMBER N/A
Director
$0 $0 $0
JIM CLEMENT CHAIRMAN N/A
Officer Director
$0 $0 $0
PJ CONNELLY BOARD MEMBER N/A
Director
$0 $0 $0
DEREK STEELE DDS BOARD MEMBER N/A
Director
$0 $0 $0
MELVIN MCLAWHORN SECRETARY N/A
Officer Director
$0 $0 $0
BILL MITCHUM TREASURER N/A
Officer Director
$0 $0 $0
MARK PHILLIPS BOARD MEMBER N/A
Director
$0 $0 $0
BOBBIE ROBINSON BOARD MEMBER N/A
Director
$0 $0 $0
WADE SCALES VICE CHAIRMA N/A
Officer Director
$0 $0 $0
SCOTT SENATORE BOARD MEMBER N/A
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
2025 $13,960,421 $10,742,772 $38,220,971 $3,217,649
2024 $14,387,294 $10,606,690 $34,884,488 $3,780,604
2023 $13,636,729 $11,081,146 $30,597,516 $2,555,583
2022 $10,804,799 $9,637,908 $26,970,682 $1,166,891
2021 $9,641,223 $8,923,058 $25,508,945 $718,165
2020 $9,015,733 $9,107,050 $25,093,771 $-91,317
2019 $11,267,692 $10,655,015 $25,098,050 $612,677
2018 $12,371,267 $10,682,297 $25,009,619 $1,688,970
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