FRANKLINTON CENTER AT BRICKS INC

EIN: 561511991 501(c)(3) Community Improvement

Whitakers, NC

Total Revenue
$540,339
Total Expenses
$865,915
Total Assets
$853,153
Net Assets
$822,661
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NC
Principal Officer
GREGORY W CLINTON
Phone
2524371723
Tax Period
2024-01-01 to 2024-12-31

FRANKLINTON CENTER AT BRICKS INC, founded in 1946, is a small nonprofit in the Community Improvement sector that reported $540K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $866K exceeded revenue, resulting in a 60% operating deficit.

Mission

Working on social justice issues affecting low income communities. In keeping with its history, the organization supported residents in the local rural community through activities that enhance the viability and sustain

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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 $289,344
Program Service Revenue $236,946
Investment Income $0
Other Revenue $14,049
TOTAL REVENUE $540,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $256,394
Fundraising Expenses $0
Program Expenses $236,946
Other Expenses $586,805
TOTAL EXPENSES $865,915

Year-over-Year Comparison

2024 2023 Change
Revenue $540,339 $604,575 -0.1%
Expenses $865,915 $655,150 +0.3%
Net Income $-325,576 $-50,575 +5.4%
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
10
Independent Members
10
Employees
4
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
1
$4,016
Total Directors
12
$84,866
Key Employees
2
$84,866
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rev Doug Wooten Executive Director 040.00
Director Key Emp Highest
$80,850 $0 $80,850
Elivette Mendez Angulo Interim Executive Director 040.00
Officer Director Key Emp
$4,016 $0 $4,016
Rev Dr Henry T Simmons Board Chair 003.00
Director
$0 $0 $0
Mr Gregory Clinton S Board Treasurer 003.00
Director
$0 $0 $0
Ms Joan Knight Marsh Board Secretary 003.00
Director
$0 $0 $0
Rev Dr Yvonne Delk Board Member 003.00
Director
$0 $0 $0
Ms Arlane Gordon-Bray Board Member 001.00
Director
$0 $0 $0
Mrs Patricia White Board Member 001.00
Director
$0 $0 $0
Mrs Susan Perry Cole Board Member 001.00
Director
$0 $0 $0
Ms Denise Perry Board Member 003.00
Director
$0 $0 $0
Rev Dr Barbara Kershner Daniel Board Member 003.00
Director
$0 $0 $0
Rev Dr Altonnette D Hawkins Board Member 003.00
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
2024 $540,339 $865,915 $853,153 $-325,576
2023 $604,575 $655,150 $1,146,411 $-50,575
2022 $608,317 $550,328 $1,836,066 $57,989
2021 $447,126 $506,938 $1,809,354 $-59,812
2020 $590,734 $609,271 $1,822,116 $-18,537
2019 $935,083 $789,204 $1,909,500 $145,879
2018 $661,261 $653,776 $1,865,747 $7,485
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