GREENSBORO SPORTS COUNCIL (EIN 561747828) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

BRAD HAYES

Phone

3364202287

Tax Period

2024-01-01 to 2024-12-31

GREENSBORO SPORTS COUNCIL, founded in 1991, is a small nonprofit that reported $362K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $342K left a modest 6% surplus.

Mission

THE DEVELOPMENT OF ATHLETIC PROGRAMS AND EVENTS AT THE GREENSBORO COLISEUM COMPLEX AND OTHER APPROPRIATE FACILITIES, FOR THE BENEFIT, RECREATION, AND ENTERTAINMENT OF THE RESIDENTS OF GREENSBORO, NORTH CAROLINA, AND ITS SURROUNDING COMMUNITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,117

Program Service Revenue $69,700

Investment Income $16,390

Other Revenue $0

TOTAL REVENUE $362,207

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $270,370

Other Expenses $321,666

TOTAL EXPENSES $341,666

Year-over-Year Comparison

	2024	2023	Change
Revenue	$362,207	$268,706	+0.3%
Expenses	$341,666	$389,286	-0.1%
Net Income	$20,541	$-120,580	-1.2%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHONDA ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
ADAM BROCKMAN	TRUSTEE/DIRE	N/A	Director	$0	$0	$0
PAM CASH	TRUSTEE/DIRE	N/A	Director	$0	$0	$0
MIKE CORNWELL	DIRECTOR	N/A	Director	$0	$0	$0
DAVID EGERTON	MEMBERSHIP C	N/A	Officer Director	$0	$0	$0
JAMES GENTRY	HAECO INVIT.	N/A	Officer Director	$0	$0	$0
ROBERT GRAY	HAECO INVIT.	N/A	Officer Director	$0	$0	$0
HELEN HOUSER	DIRECTOR	N/A	Director	$0	$0	$0
TYLER KEY	CHAIRMAN	N/A	Officer Director	$0	$0	$0
CHRIS LOWE	PRES ELECT-E	N/A	Officer Director	$0	$0	$0
DONALD MOORE	PRESIDENT-EL	N/A	Officer Director	$0	$0	$0
BRIAN PEARCE	DIRECTOR	N/A	Director	$0	$0	$0
BRETT SCHULMAN	PRESIDENT	N/A	Director	$0	$0	$0
BRETT WEATHERSBEE	DIRECTOR	N/A	Director	$0	$0	$0
BRAD HAYES	TREASURER	N/A	Officer	$0	$0	$0
LESLIE JOHNSON	SECRETARY	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$362,207	$341,666	$545,542	$20,541
2023	$268,706	$389,286	$436,868	$-120,580
2022	$515,152	$470,993	$556,050	$44,159
2021	$258,064	$215,289	$655,554	$42,775
2020	$223,824	$296,600	$565,217	$-72,776
2019	$347,130	$352,644	$530,891	$-5,514
2018	$426,545	$286,627	$533,338	$139,918

GREENSBORO SPORTS COUNCIL