GLOBAL TRANSPARK FOUNDATION INC

EIN: 561796362 501(c)(3) Community Improvement

KINSTON, NC

Total Revenue
$647,125
Total Expenses
$376,329
Total Assets
$10,041,061
Net Assets
$10,010,969
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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
1992
Legal Domicile
NC
Principal Officer
V ROB JONES
Phone
2525224929
Tax Period
2024-07-01 to 2025-06-30

GLOBAL TRANSPARK FOUNDATION INC, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $647K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $271K, a strong 42% operating margin.

Mission

FUNDRAISING/PROMOTING GLOBAL TRANSPARK REGION

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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 $0
Program Service Revenue $361,098
Investment Income $286,027
Other Revenue $0
TOTAL REVENUE $647,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $354,779
Other Expenses $376,329
TOTAL EXPENSES $376,329

Year-over-Year Comparison

2024 2023 Change
Revenue $647,125 $595,023 +0.1%
Expenses $376,329 $320,632 +0.2%
Net Income $270,796 $274,391 0.0%
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

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Governance

Voting Members
24
Independent Members
24
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
7
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN A ALLISON DIRECTOR 1.00
Director
$0 $0 $0
EDWIN B BORDEN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM H BRYAN DIRECTOR 1.00
Director
$0 $0 $0
J MICHAEL DAVIS DIRECTOR 1.00
Director
$0 $0 $0
DALE R FOLWELL DIRECTOR 1.00
Director
$0 $0 $0
TOM HENDRICKSON DIRECTOR 1.00
Director
$0 $0 $0
D JORDAN WHICHARD III EXECUTIVE TR 1.00
Officer Director
$0 $0 $0
EJ POPE III EXECUTIVE SE 1.00
Officer Director
$0 $0 $0
ELY J PERRY III VICE CHAIRMA 1.00
Officer Director
$0 $0 $0
JESSE R RESPESS III DIRECTOR 1.00
Director
$0 $0 $0
V ROB JONES PRESIDENT 1.00
Officer Director
$0 $0 $0
CECIL W SEWELL JR DIRECTOR 1.00
Director
$0 $0 $0
CHARLES F TYSON JR DIRECTOR 1.00
Director
$0 $0 $0
DAVID L WARD JR DIRECTOR 1.00
Director
$0 $0 $0
FRANK B HOLDING JR CHAIRMAN 1.00
Officer Director
$0 $0 $0
GEORGE E BATTLE JR DIRECTOR 1.00
Director
$0 $0 $0
GEORGE H WILSON JR DIRECTOR 1.00
Director
$0 $0 $0
O TEMPLE SLOAN JR DIRECTOR 1.00
Director
$0 $0 $0
THOMAS W BRADSHAW JR VICE CHAIRMA 1.00
Officer Director
$0 $0 $0
JOHN O MCNAIRY DIRECTOR 1.00
Director
$0 $0 $0
JAMES NORMENT ASST. SEC/TR 1.00
Officer Director
$0 $0 $0
MAJ GEN HUGH R OVERHOLT DIRECTOR 1.00
Director
$0 $0 $0
R KELLY BARNHILL SR DIRECTOR 1.00
Director
$0 $0 $0
JEREMY STROUD DIRECTOR 1.00
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
2025 $647,125 $376,329 $10,041,061 $270,796
2024 $595,023 $320,632 $9,611,695 $274,391
2023 $237,641 $259,854 $9,257,296 $-22,213
2022 $460,197 $228,162 $8,995,889 $232,035
2021 $628,764 $1,251,782 $9,144,402 $-623,018
2020 $419,127 $228,983 $9,834,640 $190,144
2019 $483,729 $271,768 $9,451,579 $211,961
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