PERSON COUNTY BUSINESS & INDUSTRIAL CTR (EIN 561810755) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

DAN CRAIG

Phone

3365971752

Tax Period

2024-01-01 to 2024-12-31

PERSON COUNTY BUSINESS & INDUSTRIAL CTR, founded in 1995, is a micro nonprofit in the Community Improvement sector that reported $87K in total revenue in fiscal year 2024. Revenue surged 914% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 55% operating margin.

Mission

TO DEVELOPE AND MAINTAIN AN INDUSTRIAL AND BUSINESS RECRUITMENT PLAN FOR PERSON COUNTY, NC TO CREATE JOB OPPORTUNITIES & TAX VALUE WITHIN THE COUNTY.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $72,800

Program Service Revenue $13,991

Investment Income $1

Other Revenue $0

TOTAL REVENUE $86,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,531

Other Expenses $39,387

TOTAL EXPENSES $39,387

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,792	$8,561	+9.1%
Expenses	$39,387	$72,584	-0.5%
Net Income	$47,405	$-64,023	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

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
MERILYN NEWELL	SECRETARY	1.00	Officer Director	$0	$0	$0
BROOKS LOCKHART	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE CATHEY	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP ALLEN	CHAIR	1.00	Officer Director	$0	$0	$0
JAMES POINDEXTER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
DONALD LONG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CLAUDIA BERRYHILL	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA SENEGAL	DIRECTOR	1.00	Director	$0	$0	$0
RODNEY PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH PERRY	DIRECTOR	1.00	Director	$0	$0	$0
JODY BLACKWELL	DIRECTOR	1.00	Director	$0	$0	$0
DAN CRAIG	TREASURER	1.00	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
2024	$86,792	$39,387	$686,841	$47,405
2023	$8,561	$72,584	$639,436	$-64,023
2022	$376,666	$84,520	$703,459	$292,146
2021	$9,068	$92,445	$411,313	$-83,377
2020	$12,687	$42,101	$494,690	$-29,414
2019	$13,784	$125,297	$524,104	$-111,513
2018	$635,589	$487,014	$635,617	$148,575

PERSON COUNTY BUSINESS & INDUSTRIAL CTR