High Point Community Foundation

EIN: 561695787 501(c)(3) Philanthropy & Grantmaking

High Point, NC

Total Revenue
$1,204,514
Total Expenses
$7,279,355
Total Assets
$115,428,557
Net Assets
$109,608,752
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NC
Phone
3368823298
Tax Period
2023-07-01 to 2024-06-30

High Point Community Foundation, founded in 1990, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $7.3M exceeded revenue, resulting in a 504% operating deficit.

Mission

THE HIGH POINT COMMUNITY FOUNDATION WORKS FOR THE BETTERMENT OF THE GREATER HIGH POINT COMMUNITY BY PROVIDING CHARITABLE SERVICES TO DONORS TO HELP THEM ACHIEVE THEIR CHARITABLE GOALS, AND BY MAKING GRANTS TO CHARITABLE ORGANIZATIONS TO FUND INITIATIVES FOR THE IMPROVEMENT OF THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,121,255
Program Service Revenue $0
Investment Income $-4,937,660
Other Revenue $20,919
TOTAL REVENUE $1,204,514

Expense Breakdown

Grants Paid $5,871,845
Salaries & Benefits $620,628
Fundraising Expenses $391,890
Program Expenses $6,059,271
Other Expenses $786,882
TOTAL EXPENSES $7,279,355

Year-over-Year Comparison

2023 2022 Change
Revenue $1,204,514 $11,126,941 -0.9%
Expenses $7,279,355 $6,610,213 +0.1%
Net Income $-6,074,841 $4,516,728 -2.3%
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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Governance

Voting Members
21
Independent Members
21
Employees
5
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
5
$313,199
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barry Safrit Chair 2.0
Officer Director
$0 $0 $0
John Bencini Past Chair 2.0
Officer Director
$0 $0 $0
William Laney Vice-Chair 1.0
Officer Director
$0 $0 $0
Amber Williamson Trustee 1.0
Director
$0 $0 $0
Angela Krienbrink Trustee 1.0
Director
$0 $0 $0
David Covington Trustee 1.0
Director
$0 $0 $0
Dawn Spencer Trustee 1.0
Director
$0 $0 $0
Joe Blosser Trustee 1.0
Director
$0 $0 $0
John Thomas Trustee 1.0
Director
$0 $0 $0
Mark Nelson Secretary/Treasurer 1.0
Director
$0 $0 $0
Rachel Moss-Collins Trustee 1.0
Director
$0 $0 $0
Raven Jefferson Trustee 1.0
Director
$0 $0 $0
Robin Lindsay Trustee 1.0
Director
$0 $0 $0
Rufus Yates Trustee 1.0
Director
$0 $0 $0
Stephanie Young Trustee 1.0
Director
$0 $0 $0
Tasha Logan Ford Trustee 1.0
Director
$0 $0 $0
Teresa Huffman Trustee 1.0
Director
$0 $0 $0
Tim Ilderton Trustee 1.0
Director
$0 $0 $0
Zach Barnes Trustee 1.0
Director
$0 $0 $0
Karol Murks Chief Financial Officer 40.0
Officer
$108,169 $4,327 $112,496
Paul Lessard President 40.0
Officer
$192,984 $7,719 $200,703
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 No data No data No data No data
2024 $1,204,514 $7,279,355 $115,428,557 $-6,074,841
2023 $11,126,941 $6,610,213 $106,439,974 $4,516,728
2022 $12,506,191 $17,623,339 $96,266,363 $-5,117,148
2021 $15,683,587 $29,189,185 $116,708,881 $-13,505,598
2020 $14,778,667 $14,093,224 $114,170,503 $685,443
2019 $15,972,681 $19,689,844 $113,315,150 $-3,717,163
2018 $47,855,334 $9,992,112 $115,543,555 $37,863,222
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