PIEDMONT HANDGUNNERS ASSOCIATION INC

EIN: 561281730

LEXINGTON, NC

Total Revenue
$450,436
Total Expenses
$200,563
Total Assets
$1,518,566
Net Assets
$1,518,566
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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

Principal Officer
BOKIE SHERK
Phone
3362507544
Tax Period
2023-09-01 to 2024-08-31

PIEDMONT HANDGUNNERS ASSOCIATION INC is a small nonprofit that reported $450K in total revenue in fiscal year 2023. The organization ran a surplus of $250K, a strong 55% operating margin.

Mission

PROMOTE HANDGUN SKILL-SAFETY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $416,504
Investment Income $33,932
Other Revenue $0
TOTAL REVENUE $450,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200,563
Other Expenses $200,563
TOTAL EXPENSES $200,563

Year-over-Year Comparison

2023 2022 Change
Revenue $450,436 $432,466 +0.0%
Expenses $200,563 $183,674 +0.1%
Net Income $249,873 $248,792 +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
4
Independent Members
N/A
Employees
N/A
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD MOORE VICE PRESIDE N/A
Officer
$0 $0 $0
DENNIS MUELLER TREASURER N/A
Officer
$0 $0 $0
BOKIE SHERK PRESIDENT N/A
Officer
$0 $0 $0
STEPHEN TATE SECRETARY 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
2024 $450,436 $200,563 $1,518,566 $249,873
2023 $432,466 $183,674 $1,272,304 $248,792
2022 $299,892 $142,613 $1,027,524 $157,279
2020 $264,909 $133,857 $764,060 $131,052
2019 $182,902 $75,512 $633,008 $107,390
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