ADVANCEMENT REGIONAL BUSINESS LENDERS INC

EIN: 560906497

LUMBERTON, NC

Total Revenue
$329,131
Total Expenses
$234,457
Total Assets
$4,361,201
Net Assets
$1,280,887
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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
1968
Principal Officer
GREG TAYLOR
Phone
9107384851
Tax Period
2024-10-01 to 2025-09-30

ADVANCEMENT REGIONAL BUSINESS LENDERS INC, founded in 1968, is a small nonprofit that reported $329K in total revenue in fiscal year 2024. The organization ran a surplus of $95K, a strong 29% operating margin.

Mission

LOAN PROCESSING FOR SMALL BUSINESSES AND LOANS TO SMALL BUSINESSES WHICH CANNOT OBTAIN LOANS FROM FINANCIAL INSTITUTIONS.

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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 $100,000
Program Service Revenue $229,131
Investment Income $0
Other Revenue $0
TOTAL REVENUE $329,131

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,654
Fundraising Expenses $0
Program Expenses $2,686
Other Expenses $69,803
TOTAL EXPENSES $234,457

Year-over-Year Comparison

2024 2023 Change
Revenue $329,131 $321,653 +0.0%
Expenses $234,457 $224,978 +0.0%
Net Income $94,674 $96,675 0.0%
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
18
Independent Members
18
Employees
2
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
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH ALSUP BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL DAVIS BOARD MEMBER N/A
Director
$0 $0 $0
MARIE GIBSON EXECUTIVE CO N/A
Director
$0 $0 $0
CHUCK HEUSTESS BOARD MEMBER N/A
Director
$0 $0 $0
WAYNE HORNE VICE PRESIDE N/A
Officer Director
$0 $0 $0
WES JOHNSON BOARD MEMBER N/A
Director
$0 $0 $0
CHANNING JONES BOARD MEMBER N/A
Director
$0 $0 $0
JOHN O JORDAN BOARD MEMBER N/A
Director
$0 $0 $0
GARY LANIER BOARD MEMBER N/A
Director
$0 $0 $0
KEN LEE BOARD MEMBER N/A
Director
$0 $0 $0
LEON MARTIN PRESIDENT N/A
Officer Director
$0 $0 $0
W LEWIS SAULS EXECUTIVE CO N/A
Director
$0 $0 $0
MACK S SKIPPER SEC/TREASURE N/A
Officer Director
$0 $0 $0
DENNIS TROY BOARD MEMBER N/A
Director
$0 $0 $0
RICHARD WALLACE BOARD MEMBER N/A
Director
$0 $0 $0
GLENN WALTERS EXECUTIVE CO N/A
Director
$0 $0 $0
GERALD WRIGHT EXECUTIVE CO N/A
Director
$0 $0 $0
WILL WRIGHT BOARD MEMBER N/A
Director
$0 $0 $0
GREG TAYLOR EXECUTIVE DI N/A
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
2025 $329,131 $234,457 $4,361,201 $94,674
2024 $321,653 $224,978 $4,531,312 $96,675
2023 $187,249 $224,513 $4,466,858 $-37,264
2022 $229,565 $217,451 $4,080,713 $12,114
2021 $189,338 $229,213 $4,300,895 $-39,875
2020 $205,575 $233,408 $4,635,041 $-27,833
2019 $168,804 $249,111 $4,955,426 $-80,307
2018 $180,455 $257,425 $5,326,215 $-76,970
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