COMMUNITY FOUNDATION OF GREATER GREENSBORO INC (EIN 561380249) - 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

1983

Legal Domicile

Principal Officer

H WALKER SANDERS

Phone

3363799100

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY FOUNDATION OF GREATER GREENSBORO INC, founded in 1983, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $15.4M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $20.4M exceeded revenue, resulting in a 32% operating deficit.

Mission

THE COMMUNITY FOUNDATION MANAGES OVER 600 CHARITABLE FUNDS ESTABLISHED TO STRENGTHEN ITS COMMUNITIES BY PROVIDING SUPPORT TO A BROAD RANGE OF COMMUNITY NEEDS, NONPROFIT ORGANIZATIONS, AND EDUCATIONAL OPPORTUNITIES.

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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 $11,910,951

Program Service Revenue $417,799

Investment Income $3,096,036

Other Revenue $0

TOTAL REVENUE $15,424,786

Expense Breakdown

Grants Paid $14,651,666

Salaries & Benefits $2,496,819

Fundraising Expenses $156,701

Program Expenses $16,882,472

Other Expenses $3,230,723

TOTAL EXPENSES $20,379,208

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,424,786	$16,910,759	-0.1%
Expenses	$20,379,208	$17,931,059	+0.1%
Net Income	$-4,954,422	$-1,020,300	+3.9%

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

213

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

$473,868

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
UMA AVVA	CHAIR	2.00	Officer Director	$0	$0	$0
LAWRENCE CZARDA	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
JENNIFER HALL	TREASURER	1.00	Officer Director	$0	$0	$0
AFI JOHNSON-PARRIS	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID ALLEN	DIRECTOR	0.50	Director	$0	$0	$0
RHONDA ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
MARISSA BENTON-BROWN	DIRECTOR	0.50	Director	$0	$0	$0
KATTYA CASTELLON	DIRECTOR	0.50	Director	$0	$0	$0
CHERYL CATO BLAKEMORE	DIRECTOR	1.00	Director	$0	$0	$0
SAM CONE	DIRECTOR	1.00	Director	$0	$0	$0
BARRY FRANK	DIRECTOR	0.50	Director	$0	$0	$0
KEVIN JAMES	DIRECTOR	1.00	Director	$0	$0	$0
RABBI ANDY KOREN	DIRECTOR	0.50	Director	$0	$0	$0
YULONDA LATHAM	DIRECTOR	0.50	Director	$0	$0	$0
ASHLEY MADDEN	DIRECTOR	0.50	Director	$0	$0	$0
KENDRICK MAYES	DIRECTOR (ENDED 5/31/23)	0.50	Director	$0	$0	$0
ANN MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
JOSE OLIVA	DIRECTOR	1.00	Director	$0	$0	$0
RODNEY OUZTS	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT POWELL	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL PRONT	DIRECTOR	1.00	Director	$0	$0	$0
TIM RICE	DIRECTOR	1.00	Director	$0	$0	$0
KAREN SCHOOLER	DIRECTOR	0.50	Director	$0	$0	$0
SUE SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN SMITH	DIRECTOR	0.50	Director	$0	$0	$0
ADRIAN STARKS	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE STEWART	DIRECTOR	0.50	Director	$0	$0	$0
JASON STRANGE	DIRECTOR	0.50	Director	$0	$0	$0
SUZANNE WALSH	DIRECTOR	0.50	Director	$0	$0	$0
H WALKER SANDERS	PRESIDENT	40.00	Officer	$273,268	$29,355	$302,623
MARCI H PEACE	CHIEF FINANCIAL OFFICER	40.00	Officer	$153,113	$18,132	$171,245
CATHY KNOWLES	VP DEVELOPMENT AND DONOR ENGAGEMENT	40.00	Highest	$138,342	$13,518	$151,860
ATHAN LINDSAY	VP GRANTS & INITIATIVES (TO 3/31/23)	40.00	Highest	$129,904	$10,810	$140,714
MARTIN ACEVEDO	VP MARKETING AND COMMUNICATIONS	40.00	Highest	$122,057	$16,847	$138,904
EMILY THOMPSON	AVP DONOR ENGAGEMENT	40.00	Highest	$110,880	$14,016	$124,896
MICHAEL HUMPHREY	VP OPERATIONS & EQUITY (TO 4/7/23)	40.00	Highest	$112,776	$10,836	$123,612

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	No data	No data	No data	No data
2023	$15,424,786	$20,379,208	$260,104,007	$-4,954,422
2022	$16,910,759	$17,931,059	$230,177,025	$-1,020,300
2021	$40,395,887	$20,634,793	$268,212,461	$19,761,094
2020	$95,519,308	$37,141,608	$253,841,949	$58,377,700
2019	$26,286,477	$46,581,564	$187,941,645	$-20,295,087
2018	$22,505,569	$28,537,093	$182,592,230	$-6,031,524

COMMUNITY FOUNDATION OF GREATER GREENSBORO INC