Greater Enrichment Program Inc

EIN: 561139792 501(c)(3) Human Services

Charlotte, NC

Total Revenue
$1,361,417
Total Expenses
$1,678,696
Total Assets
$3,714,566
Net Assets
$3,640,508
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
NC
Principal Officer
Dr Wilhelmenia Rembert
Phone
7043348518
Tax Period
2024-07-01 to 2025-06-30

Greater Enrichment Program Inc is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.7M exceeded revenue, resulting in a 23% operating deficit.

Mission

Providing quality out-of-school educational opportunities in a safe environment to attain success for eligible youth and their parents.

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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 $1,370,573
Program Service Revenue $0
Investment Income $0
Other Revenue $-9,156
TOTAL REVENUE $1,361,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,068,754
Fundraising Expenses $15,580
Program Expenses $1,270,381
Other Expenses $609,942
TOTAL EXPENSES $1,678,696

Year-over-Year Comparison

2024 2023 Change
Revenue $1,361,417 $1,424,799 0.0%
Expenses $1,678,696 $1,486,341 +0.1%
Net Income $-317,279 $-61,542 +4.2%
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
21
Independent Members
21
Employees
76
Volunteers
240

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
6
$112,253
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bronica Glover Executive Dir. 40.00
Officer
$108,076 $4,177 $112,253
Lyndon Abrams Director 3.00
$0 $0 $0
Kristin Ashford Director 3.00
$0 $0 $0
Bishop George E Battle Jr Founder 0.30
$0 $0 $0
Rhonda M Bethea Director 3.00
$0 $0 $0
Candy Bing Director 0.50
$0 $0 $0
Elizabeth Brodie Director 0.50
$0 $0 $0
Charlie Davidson Director 0.50
$0 $0 $0
Mike Griffin Director 3.00
$0 $0 $0
Hillis E Haygood II Director 0.50
$0 $0 $0
Carol Cuthbertson Hamrick Director 3.00
$0 $0 $0
Austin Helms Director 0.50
$0 $0 $0
Judge Donnie Hoover Director 0.50
$0 $0 $0
Janice Jones Director 0.50
$0 $0 $0
Ken Loeber Director 0.50
$0 $0 $0
J Parrish McCormack Finance 0.50
Officer
$0 $0 $0
Marty McCarthy Director 0.50
$0 $0 $0
Jason O'Neil Treasurer 0.00
Officer
$0 $0 $0
Peet Poillon Secretary 0.50
Officer
$0 $0 $0
Dr Wilhelmenia Rembert Board Chair 3.00
Officer
$0 $0 $0
Alex Salguedo Vice Chair 3.00
Officer
$0 $0 $0
David Williams Director 0.50
$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 $1,361,417 $1,678,696 $3,714,566 $-317,279
2024 No data No data No data No data
2023 $1,686,489 $1,190,507 $3,471,104 $495,982
2022 $1,199,447 $1,111,670 $2,803,458 $87,777
2021 $1,041,752 $786,439 $3,069,307 $255,313
2020 $1,958,290 $800,199 $2,424,567 $1,158,091
2019 $1,849,704 $798,276 $1,210,932 $1,051,428
2018 $533,042 $563,444 $124,865 $-30,402
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