SWISS BEAR INC (EIN 561255578) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

JOHN HAROLDSON

Phone

2522889825

Tax Period

2024-01-01 to 2024-12-31

SWISS BEAR INC, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $343K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $324K left a modest 6% surplus.

Mission

SWISS BEAR, INC. FACILITATES DEVELOPMENT OF THE GREATER DOWNTOWN AREA THROUGH LEADERSHIP AND PLANNING THAT EMPOWERS COMMUNITY STAKEHOLDERS TO PROMOTE AND ENHANCE NEW BERN'S UNIQUE CULTURAL AND NATURAL RESOURCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,060

Program Service Revenue $280,720

Investment Income $10,634

Other Revenue $0

TOTAL REVENUE $343,414

Expense Breakdown

Grants Paid $17,000

Salaries & Benefits $133,361

Fundraising Expenses $0

Program Expenses $251,691

Other Expenses $173,161

TOTAL EXPENSES $323,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,414	$387,151	-0.1%
Expenses	$323,522	$433,005	-0.3%
Net Income	$19,892	$-45,854	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

125

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HAROLDSON	CHAIR	1.54	Officer Director	$0	$0	$0
JOHNNY ROBINSON	VICE-CHAIR	1.63	Officer Director	$0	$0	$0
THARESA LEE	SECRETARY	1.35	Officer Director	$0	$0	$0
KELLI BILLINGSLEY	TREASURER	2.40	Officer Director	$0	$0	$0
BILL FAULKENBERRY	DESIGN	0.87	Director	$0	$0	$0
JOHN ROBERT MATTOCKS	TREASURER	0.58	Officer Director	$0	$0	$0
CHARLES CUSHMAN	CO-CHAIR ORG	1.15	Director	$0	$0	$0
CHRISTOPHER A RICHIE	AT-LARGE DIR	0.54	Director	$0	$0	$0
WINNIE SMITH	AT-LARGE DIR	0.54	Director	$0	$0	$0
ROSS BEEBE	AT-LARGE DIR	0.38	Director	$0	$0	$0
VON LEWIS	AT-LARGE DIR	0.29	Director	$0	$0	$0
RICK DAVIS	AT-LARGE DIR	0.29	Director	$0	$0	$0
ADAM SIMMONS	AT-LARGE DIR	0.58	Director	$0	$0	$0
CINDY TURCO	IMMEDIATE PA	2.02	Director	$0	$0	$0
RAY STAATS	EX OFFICIO D	0.19	Director	$0	$0	$0
ANTHONY GIARDINO	EX OFFICIO D	0.29	Director	$0	$0	$0
RICHARD PARSONS	EX OFFICIO D	0.06	Director	$0	$0	$0
NANCY FIGIEL	EX OFFICIO D	0.10	Director	$0	$0	$0
KEVIN ROBERTS	EX OFFICIO D	0.48	Director	$0	$0	$0
DENNY BUCHER	EX OFFICIO D	0.23	Director	$0	$0	$0
TARSHI MCCOY	EX OFFICIO D	0.12	Director	$0	$0	$0
RICK PRILL	EX OFFICIO D	0.19	Director	$0	$0	$0
FOSTER HUGHES	EX OFFICIO D	0.19	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
2024	$343,414	$323,522	$331,159	$19,892
2023	$387,151	$433,005	$322,293	$-45,854
2022	$373,445	$421,244	$462,100	$-47,799
2021	$532,465	$469,857	$498,071	$62,608
2020	$373,037	$224,886	$437,839	$148,151
2019	$367,999	$386,733	$342,040	$-18,734
2018	$443,799	$438,284	$494,578	$5,515

SWISS BEAR INC