PARTNERSHIP FOR THE SOUNDS INC

EIN: 561829633 501(c)(3) Environment

COLUMBIA, NC

Total Revenue
$659,318
Total Expenses
$922,733
Total Assets
$1,456,476
Net Assets
$1,432,183
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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
1993
Legal Domicile
NC
Principal Officer
DAVID L CLEGG
Phone
2527961000
Tax Period
2024-07-01 to 2025-06-30

PARTNERSHIP FOR THE SOUNDS INC, founded in 1993, is a small nonprofit in the Environment sector that reported $659K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $923K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROMOTE SUSTAINABLE, COMMUNITY-DRIVEN ECONOMIC WELL-BEING AND STEWARDSHIP IN THE ALBEMARLE-PAMLICO REGION THROUGH ENVIRONMENTAL EDUCATION, AND NATURE-BASED AND CULTUAL TOURISM.

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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 $548,497
Program Service Revenue $54,528
Investment Income $1,145
Other Revenue $55,148
TOTAL REVENUE $659,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $385,910
Fundraising Expenses $0
Program Expenses $849,801
Other Expenses $536,823
TOTAL EXPENSES $922,733

Year-over-Year Comparison

2024 2023 Change
Revenue $659,318 $972,979 -0.3%
Expenses $922,733 $836,731 +0.1%
Net Income $-263,415 $136,248 -2.9%
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
13
Independent Members
13
Employees
15
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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JD BRICKHOUSE BOARD MEMBER N/A
Director
$0 $0 $0
ALLEN CASTELLOE BOARD MEMBER N/A
Director
$0 $0 $0
CAROL EVANS BOARD MEMBER N/A
Director
$0 $0 $0
ERIN FLECKENSTEIN BOARD MEMBER N/A
Director
$0 $0 $0
JAMES HOLLOWAY BOARD MEMBER N/A
Director
$0 $0 $0
JUDY MEIER JENNETTE BOARD MEMBER N/A
Director
$0 $0 $0
MIKE ORBACH BOARD MEMBER N/A
Director
$0 $0 $0
BILL RICH VICE CHAIRMA N/A
Officer Director
$0 $0 $0
TOM RICHTER BOARD MEMBER N/A
Director
$0 $0 $0
ROGER RULIFSON BOARD MEMBER N/A
Director
$0 $0 $0
RHETT WHITE BOARD MEMBER N/A
Director
$0 $0 $0
JOHN ED WHITEHURST SECRETARY/TR N/A
Officer Director
$0 $0 $0
DAVID L CLEGG CHAIRMAN 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 $659,318 $922,733 $1,456,476 $-263,415
2024 $972,979 $836,731 $1,709,181 $136,248
2023 $684,671 $796,534 $1,572,822 $-111,863
2022 $480,723 $648,598 $1,684,718 $-167,875
2021 $492,509 $670,469 $1,849,451 $-177,960
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