WILSON COMMUNITY IMPROVEMENT ASSOCIATION (EIN 561053307) - 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

1973

Legal Domicile

Principal Officer

OTIS WEAVER

Phone

2522434855

Tax Period

2023-07-01 to 2024-06-30

WILSON COMMUNITY IMPROVEMENT ASSOCIATION, founded in 1973, is a small nonprofit that reported $344K in total revenue in fiscal year 2023. Expenses of $622K exceeded revenue, resulting in a 81% operating deficit.

Mission

TO PROVIDE COMMUNITY DEVELOPMENT AND PROMOTE LEADERSHIP AMONG THE RESIDENTS OF WILSON, NORTH CAROLINA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $174,487

Program Service Revenue $65,542

Investment Income $132,608

Other Revenue $-28,782

TOTAL REVENUE $343,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,430

Fundraising Expenses $0

Program Expenses $228,305

Other Expenses $419,285

TOTAL EXPENSES $621,715

Year-over-Year Comparison

	2023	2022	Change
Revenue	$343,855	$352,517	0.0%
Expenses	$621,715	$370,110	+0.7%
Net Income	$-277,860	$-17,593	+14.8%

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

$65,679

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR OTIS WEAVER	BOARD CHAIR	18.00	Officer Director	$0	$0	$0
MRS ANNIE RICKS	SECRETARY	2.00	Officer Director	$0	$0	$0
MR CHARLES DARDEN	DIRECTOR	2.00	Director	$0	$0	$0
MRS CAROLYN BROWN	DIRECTOR	2.00	Director	$0	$0	$0
MRS JOHNNIE EVANS	DIRECTOR	2.00	Director	$0	$0	$0
MRS DOROTHY BRUNSON	DIRECTOR	2.00	Director	$0	$0	$0
MS PHYLLIS NEWTON	DIRECTOR	2.00	Director	$0	$0	$0
MS SHAQUANDA KING	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA BLACKSTON	EXECUTIVE DIRECTOR	40.00	Officer	$65,679	$0	$65,679

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	No data	No data	No data	No data
2024	$343,855	$621,715	$922,070	$-277,860
2023	$352,517	$370,110	$1,237,563	$-17,593
2022	$540,491	$376,238	$1,197,203	$164,253
2021	$337,306	$376,437	$1,102,482	$-39,131
2020	$293,346	$397,164	$1,266,899	$-103,818
2019	$302,576	$402,345	$1,307,131	$-99,769
2018	$695,936	$1,243,193	$2,272,106	$-547,257
2018	$297,633	$642,536	$1,468,227	$-344,903

WILSON COMMUNITY IMPROVEMENT ASSOCIATION