FAMILY RESOURCES OF RUTHERFORD COUNTY INC

EIN: 561330781 501(c)(3) Human Services

FOREST CITY, NC

Total Revenue
$1,319,893
Total Expenses
$1,184,394
Total Assets
$1,472,494
Net Assets
$1,464,362
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NC
Principal Officer
SHERRY BRIGHT
Phone
8282471440
Tax Period
2024-07-01 to 2025-06-30

FAMILY RESOURCES OF RUTHERFORD COUNTY INC, founded in 1982, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 10% surplus.

Mission

OUR MISSION IS TO PROVIDE COMPREHENSIVE FAMILY RESOURCES THROUGH ADVOCACY, EDUCATION, PREVENTION AND INTERVENTION, IN AN EFFORT TO ELIMINATE CHILD ABUSE, FAMILY VIOLENCE AND SEXUAL ASSUALT, AS WELL AS, INCREASING SELF- SUFFICIENCY IN ORDER TO ENHANCE THE QUALITY OF LIFE IN OUR COMMNUNITY.

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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 $1,034,039
Program Service Revenue $265,726
Investment Income $14,628
Other Revenue $5,500
TOTAL REVENUE $1,319,893

Expense Breakdown

Grants Paid $0
Salaries & Benefits $746,880
Fundraising Expenses $0
Program Expenses $1,112,573
Other Expenses $437,514
TOTAL EXPENSES $1,184,394

Year-over-Year Comparison

2024 2023 Change
Revenue $1,319,893 $1,301,000 +0.0%
Expenses $1,184,394 $1,220,356 0.0%
Net Income $135,499 $80,644 +0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
20
Volunteers
30

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
1
$85,755
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRY BRIGHT EXECUTIVE DI 40.00
Officer
$85,755 $0 $85,755
SALLY BLANTON DIRECTOR N/A
Director
$0 $0 $0
SONYA BROWN DIRECTOR N/A
Director
$0 $0 $0
RONDA EAKER PRESIDENT N/A
Director
$0 $0 $0
AARON ELLENBURG DIRECTOR N/A
Director
$0 $0 $0
BARRY GOLD TREASURER N/A
Director
$0 $0 $0
JACKIE HAMPTON VICE PRESIDE N/A
Director
$0 $0 $0
DANA HARRILL DIRECTOR N/A
Director
$0 $0 $0
CHRIS HIPP DIRECTOR N/A
Director
$0 $0 $0
GRAYDEAN LAUGHTER DIRECTOR N/A
Director
$0 $0 $0
CHRIS LOVELACE DIRECTOR N/A
Director
$0 $0 $0
SHAWN MOORE DIRECTOR N/A
Director
$0 $0 $0
EMILY SAIN DIRECTOR N/A
Director
$0 $0 $0
DR KEITH SILVER DIRECTOR N/A
Director
$0 $0 $0
MARY SANDRA SPROUSE SECRETARY N/A
Director
$0 $0 $0
GAIL STRICKLAND DIRECTOR N/A
Director
$0 $0 $0
ALICIA VEGA DIRECTOR N/A
Director
$0 $0 $0
DANIELLE WILLIAMS DIRECTOR N/A
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
2025 $1,319,893 $1,184,394 $1,472,494 $135,499
2024 $1,301,000 $1,220,356 $1,336,155 $80,644
2023 $1,413,511 $1,234,039 $1,262,824 $179,472
2022 $1,646,011 $1,295,457 $1,075,428 $350,554
2021 $1,254,775 $1,171,374 $883,609 $83,401
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