GOLDSBORO, NC
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)FOUNDATION OF WAYNE COMMUNITY COLLEGE, founded in 1986, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 77% operating deficit.
WE PROVIDE COMMUNITY SUPPORT AND PROMOTE THE EDUCATIONAL DEVELOPMENT OF WCC THROUGH SEVERAL INITIATIVES. THESE INCLUDE ESTABLISHING AN ENDOWMENT FUND, OFFERING FINANCIAL AID, RECOGNIZING OUTSTANDING STAFF, AND SPONSORING SEMINARS AND WORKSHOPS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,466,049 | $1,964,292 | -0.3% |
| Expenses | $2,594,772 | $775,236 | +2.3% |
| Net Income | $-1,128,723 | $1,189,056 | -1.9% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SCOTT NEWTON | CHAIRMAN OF THE BOARD | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN MCLAMB | VICE CHAIRMAN OF THE BOARD | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY MILLS BORDEN | PAST CHAIRMAN OF THE BOARD | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VEDA MCNAIR | TRUSTEE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES V FAULK | TRUSTEE VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROS BALANCE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAIGE BARWICK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK BEST | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLEN BLAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY BOYCE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTTIE BRYAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE GARNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL HUNTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NEAL BENTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM PARKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEECHER SMITH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA STRICKLAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR JESSIE TUCKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE WEIL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN WOODARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROSS ZACHARZUK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EMILY BYRD | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $0 | $79,350 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,466,049 | $2,594,772 | $12,884,111 | $-1,128,723 |
| 2024 | $1,964,292 | $775,236 | $13,103,224 | $1,189,056 |
| 2023 | $2,080,915 | $1,294,003 | $11,141,813 | $786,912 |
| 2022 | $3,126,979 | $1,606,086 | $9,505,252 | $1,520,893 |
| 2021 | $1,056,840 | $744,348 | $8,971,328 | $312,492 |
| 2020 | $1,219,932 | $707,299 | $7,178,001 | $512,633 |
| 2019 | $854,979 | $565,001 | $6,524,294 | $289,978 |
| 2018 | $122,105 | $535,335 | $6,234,301 | $-413,230 |
Compare FOUNDATION OF WAYNE COMMUNITY COLLEGE with other nonprofits in North Carolina and across the country.