Food Science Club North Carolina State Univ

EIN: 561418626 501(c)(3) Food, Agriculture & Nutrition

Raleigh, NC

Total Revenue
$107,527
Total Expenses
$64,180
Total Assets
$249,509
Net Assets
$249,509
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NC
Principal Officer
Corinne Leblanc
Phone
4435678281
Tax Period
2018-07-01 to 2019-06-30

Food Science Club North Carolina State Univ, founded in 2004, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $108K in total revenue in fiscal year 2018. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $43K, a strong 40% operating margin.

Mission

The Food Science Club of North Carolina State University (FSC) exists to foster a close relationship among the Department of Food, Bioprocessing, and Nutrition Sciences students and faculty and staff at North Carolina State University, to encourage leadership, and to acquaint students and the community with the scope of Food, Bioprocessing, and Nutrition Sciences.

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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 (2018)

Revenue Breakdown

Contributions & Grants $8,657
Program Service Revenue $1,268
Investment Income $405
Other Revenue $97,197
TOTAL REVENUE $107,527

Expense Breakdown

Grants Paid $3,750
Salaries & Benefits $0
Fundraising Expenses $11,105
Program Expenses $41,732
Other Expenses $60,430
TOTAL EXPENSES $64,180

Year-over-Year Comparison

2018 2017 Change
Revenue $107,527 $135,781 -0.2%
Expenses $64,180 $79,224 -0.2%
Net Income $43,347 $56,557 -0.2%
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
13
Independent Members
13
Employees
N/A
Volunteers
200

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Monica Richmond President 8.00
Officer Director
$0 $0 $0
Geoffrey Blair Vice-President 8.00
Officer Director
$0 $0 $0
Katie Guskie Vice-President 8.00
Officer Director
$0 $0 $0
Molly Moran Treasurer 8.00
Officer Director
$0 $0 $0
Collette Penegre Secretary 8.00
Officer Director
$0 $0 $0
Brooke Loewengruber Historian 8.00
Director
$0 $0 $0
Daphne Weikart Undergraduate Representati 8.00
Director
$0 $0 $0
Ethan Molloy Activities Committee Co-Ch 8.00
Director
$0 $0 $0
Jonathan Strum Activities Committee Co-Ch 8.00
Director
$0 $0 $0
Breyana Lytch Agri-Life Council Represen 8.00
Director
$0 $0 $0
Sarah Von Schmeling Agri-Life Council Represen 8.00
Director
$0 $0 $0
Dr Lee-Ann Jaykus Faculty Advisor 8.00
Director
$0 $0 $0
Dr KP Sandeep Faculty Advisor 8.00
Director
$0 $0 $0
Savana Everhart Area Meeting Chair 8.00
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
2019 $107,527 $64,180 $249,509 $43,347
2018 $135,781 $79,224 $206,162 $56,557
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