Hickory, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hickory Downtown Development Association is a micro nonprofit that reported $75K in total revenue in fiscal year 2025. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $72K left a modest 4% surplus.
To physically and culturally improve downtown Hickory as a place of commerce, recreation, and culture by promoting downtown businesses, supporting economic development, coordinating community events, encouraging tourism and visitation, and administering local Main Street revitalization efforts.
Promoted downtown Hickory businesses and economic development through community marketing initiatives, downtown events, newsletters, social media outreach, and business engagement activities. During...
Promoted downtown Hickory businesses and economic development through community marketing initiatives, downtown events, newsletters, social media outreach, and business engagement activities. During the year, the organization coordinated and supported events including the Valentine Crawl and Hickory Hops to encourage downtown visitation, commerce, tourism, and public participation in the downtown district. The organization also promoted downtown businesses through digital communications, community partnerships, and Main Street revitalization efforts.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $75,283 | $133,879 | -0.4% |
| Expenses | $72,089 | $117,105 | -0.4% |
| Net Income | $3,194 | $16,774 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Amy Fauquet | Executive Director | 40.00 |
Officer
|
$0 | $0 | $0 |
| Bill Morgan | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Emily Westmoreland | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Gavin Mitchell | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Gina Bumgarner | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Jay Brown | Past President | 1.00 |
Officer
|
$0 | $0 | $0 |
| Marty Mull | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Nika Werner | President | 1.00 |
Officer
|
$0 | $0 | $0 |
| Sabrina Parris | President Elect/VP | 1.00 |
Officer
|
$0 | $0 | $0 |
| Yajaira Tiscareno | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Tammy Panther | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Juliet Good | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $75,283 | $72,089 | $261,967 | $3,194 |
| 2024 | No data | No data | No data | No data |
| 2022 | $104,876 | $78,033 | $213,782 | $26,843 |
| 2021 | $77,147 | $88,401 | $186,939 | $-11,254 |
| 2020 | $32,911 | $91,110 | $198,193 | $-58,199 |
| 2019 | $127,273 | $78,574 | $256,392 | $48,699 |
| 2018 | $107,074 | $81,707 | $207,693 | $25,367 |
Compare Hickory Downtown Development Association with other nonprofits in North Carolina and across the country.