MISS NORTH CAROLINA PAGEANT ORGANI… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

JACOB GODWIN

Phone

9198188625

Tax Period

2024-11-01 to 2025-10-31

MISS NORTH CAROLINA PAGEANT ORGANIZATION INC, founded in 1996, is a small nonprofit that reported $344K in total revenue in fiscal year 2024. Expenses of $402K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROMOTES THE MISS NORTH CAROLINA SCHOLARSHIP PAGEANT.

Program Service Accomplishments

Program 1

Expenses: $393,635 Revenue: $340,768

PROMOTING AND SPONSORING THE MISS NORTH CAROLINA SCHOLARSHIP PAGEANT AND PROVIDING EDUCATIONAL SCHOLARSHIPS TO THE CONTESTANTS COMPETING IN THE PAGEANT.

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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 $0

Program Service Revenue $340,768

Investment Income $3,077

Other Revenue $0

TOTAL REVENUE $343,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $393,635

Other Expenses $401,812

TOTAL EXPENSES $401,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,845	$330,582	+0.0%
Expenses	$401,812	$369,370	+0.1%
Net Income	$-57,967	$-38,788	+0.5%

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
SUSAN WILLIAMS	PRESIDENT	N/A	Officer	$0	$0	$0
MIKE GOLDEN	VICE PRESIDE	N/A	Officer	$0	$0	$0
JACOB GODWIN	TREASURER	N/A	Officer	$0	$0	$0
PHYLLIS DUNN	DIRECTOR	N/A	Director	$0	$0	$0
MCNEIL CHESTNUT	COUNSEL	N/A	Director	$0	$0	$0
JOHN NORRIS	DIRECTOR	N/A	Director	$0	$0	$0
DAVID CLEGG	BOARD CHAIRM	N/A	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	No data	No data	No data	No data
2025	$343,845	$401,812	$77,152	$-57,967
2024	No data	No data	No data	No data
2023	$329,269	$276,169	$173,907	$53,100
2022	$253,402	$212,155	$120,807	$41,247
2021	$222,578	$151,007	$79,560	$71,571
2020	$50,178	$65,731	$7,989	$-15,553
2019	$351,179	$336,566	$23,542	$14,613
2018	$424,001	$425,154	$8,929	$-1,153

MISS NORTH CAROLINA PAGEANT ORGANIZATION INC