Highlands, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Literacy Council of Highlands Inc, founded in 1997, is a small nonprofit in the Education sector that reported $810K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $199K, a strong 25% operating margin.
Enrich lives and expand the knowledge of children, adults and families through diverse educational programs that advance literacy in its many forms and to promote lifelong learning, which results in an informed and empowered community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $810,124 | $473,896 | +0.7% |
| Expenses | $611,544 | $419,698 | +0.5% |
| Net Income | $198,580 | $54,198 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bonnie Potts | Executive Director | 40.00 |
Officer
|
$79,063 | $4,810 | $83,873 |
| Kirk Dornbush | Chair | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Chmar | Vice-Chair | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robin Canady | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dawn Van Fleet | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Vickie Betts | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| John Golwen | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Bob Lennon | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Bill Lathem | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Lisa Richards | Board Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $810,124 | $611,544 | $906,838 | $198,580 |
| 2022 | $473,896 | $419,698 | $753,047 | $54,198 |
| 2021 | $391,307 | $359,463 | $735,026 | $31,844 |
| 2020 | $333,081 | $338,228 | $699,781 | $-5,147 |
| 2019 | $685,128 | $339,395 | $672,936 | $345,733 |
| 2018 | $387,025 | $264,449 | $329,190 | $122,576 |
Compare Literacy Council of Highlands Inc with other nonprofits in North Carolina and across the country.