THE NORTH CAROLINA WRITERS' NETWORK INC

EIN: 561472203 501(c)(3)

WINSTON SALEM, NC

Total Revenue
$299,927
Total Expenses
$366,446
Total Assets
$248,196
Net Assets
$246,589
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NC
Principal Officer
ED SOUTHERN
Phone
3362938844
Tax Period
2024-07-01 to 2025-06-30

THE NORTH CAROLINA WRITERS' NETWORK INC, founded in 1985, is a small nonprofit that reported $300K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $366K exceeded revenue, resulting in a 22% operating deficit.

Mission

WE PROVIDE EDUCATION IN THE CRAFT AND BUSINESS OF WRITING, OPPORTUNITIES FOR RECOGNITION AND CRITIQUE OF LITERARY WORK, RESOURCES FOR WRITERS AT ALL STAGES DEVELOPMENT, SUPPORT FOR AND ADVOCAY OF LITERARY HERITAGE OF NC.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $146,338
Program Service Revenue $149,615
Investment Income $60
Other Revenue $3,914
TOTAL REVENUE $299,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $147,330
Fundraising Expenses $0
Program Expenses $225,987
Other Expenses $219,116
TOTAL EXPENSES $366,446

Year-over-Year Comparison

2024 2023 Change
Revenue $299,927 $269,204 +0.1%
Expenses $366,446 $306,933 +0.2%
Net Income $-66,519 $-37,729 +0.8%
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

Sign In

Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
24

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
7
$131,475
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET DARDESS TRUSTEE 1.00
Director
$0 $0 $0
MICHELE BERGER TRUSTEE 1.00
Director
$0 $0 $0
GEORGANN EUBANKS TRUSTEE 1.00
Director
$0 $0 $0
ANNETTE SAUNOOKE CLAPSADDLE PRESIDENT 2.00
Officer Director
$0 $0 $0
JULIE FUNDERBURK TRUSTEE 1.00
Director
$0 $0 $0
TERRY KENNEDY TRUSTEE 1.00
Director
$0 $0 $0
NICKI LEONE TRUSTEE 1.00
Director
$0 $0 $0
LEJUANE BOWENS TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
WARD ZIMMERMAN TRUSTEE 1.00
Director
$0 $0 $0
JESSICA JACOBS TRUSTEE 1.00
Director
$0 $0 $0
HANNAH DELA CRUZ ABRAMS TRUSTEE 1.00
Director
$0 $0 $0
RUSSELL PARKER TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
HEATHER BELL ADAMS TRUSTEE 1.00
Director
$0 $0 $0
L DANZIS TRUSTEE 1.00
Director
$0 $0 $0
HALLE HILL TRUSTEE 1.00
Director
$0 $0 $0
JULIA RIDLEY SMITH TRUSTEE 1.00
Director
$0 $0 $0
ED SOUTHERN EXECUTIVE DIRECTOR 40.00
Officer
$71,000 $0 $71,000
DR MARGARET BAUER VICE PRESIDENT 2.00
Officer
$0 $0 $0
ABBY FREELAND TREASURER 2.00
Officer
$0 $0 $0
JEREMY JONES SECRETARY 1.00
Officer
$0 $0 $0
CELESTE MCMASTER MEMBERSHIP DIRECTOR 1.00
Officer
$56,875 $0 $56,875
JIM SHEEDY DATABASE MANAGER 1.00
Officer
$3,600 $0 $3,600
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 $299,927 $366,446 $248,196 $-66,519
2024 $269,204 $306,933 $307,113 $-37,729
2023 $331,814 $329,464 $339,483 $2,350
2022 $273,906 $300,259 $333,725 $-26,353
2021 $269,434 $220,744 $383,851 $48,690
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE NORTH CAROLINA WRITERS' NETWORK INC with other nonprofits in North Carolina and across the country.