NORTH CAROLINA BAIL AGENTS ASSOCIATION I

EIN: 562049787

HIGH POINT, NC

Total Revenue
$254,823
Total Expenses
$237,643
Total Assets
$55,352
Net Assets
$55,292
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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
JULIE HENDERSON
Phone
9198320867
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA BAIL AGENTS ASSOCIATION I, founded in 1992, is a small nonprofit that reported $255K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $238K left a modest 7% surplus.

Mission

THE MAJOR PURPOSE OF THE NORTH CAROLINA BAIL AGENTS ASSOCIATION IS TO PROTECT, PRESERVE AND PROMOTE THE PRIVATE BAIL BOND INDUSTRY OF NORTH CAROLINA. THE ASSOCIATION ACCOMPLISHES THIS PURPOSE THROUGH ITS EDUCATION AND GOVERNMENTAL RELATION PROGRAM ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $44,467 Revenue: $146,300

EDUCATION OF BAIL AGENTS

Program 2
Expenses: $66,657 Revenue: $86,291

PROMOTION OF PRIVATE BAIL BOND INDUSTRY

Program 3
Revenue: $17,410

MEMBERSHIP DUES

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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 $473
Program Service Revenue $250,001
Investment Income $25
Other Revenue $4,324
TOTAL REVENUE $254,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $111,124
Other Expenses $237,643
TOTAL EXPENSES $237,643

Year-over-Year Comparison

2024 2023 Change
Revenue $254,823 $169,334 +0.5%
Expenses $237,643 $257,833 -0.1%
Net Income $17,180 $-88,499 -1.2%
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
15
Independent Members
15
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
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY CAUTHEN PRESIDENT / VP 0.00
Officer Director
$0 $0 $0
JIM CAMP DIRECTOR 0.00
Director
$0 $0 $0
DANI JACOBS SECRETARY 0.00
Officer Director
$0 $0 $0
D MARK BEAVER TREASURER 0.00
Officer Director
$0 $0 $0
DONNY BRADLEY DIRECTOR 0.00
Director
$0 $0 $0
JASON CUNNINGHAM DIRECTOR 0.00
Director
$0 $0 $0
JULIE HENDERSON DIRECTOR 0.00
Director
$0 $0 $0
CHAD LEWIS DIRECTOR 0.00
Director
$0 $0 $0
MARK LONGWORTH DIRECTOR 0.00
Director
$0 $0 $0
TRACY LOWE DIRECTOR 0.00
Director
$0 $0 $0
REGINA MANAZNARES DIRECTOR 0.00
Director
$0 $0 $0
JOHN RUSSELL DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL WOODY DIRECTOR 0.00
Director
$0 $0 $0
ANGELA CARSON WYATT DIRECTOR 0.00
Director
$0 $0 $0
SHARONA STOKES DIRECTOR 0.00
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 $254,823 $237,643 $55,352 $17,180
2024 $169,334 $257,833 $38,192 $-88,499
2023 $220,506 $251,915 $126,788 $-31,409
2022 $233,366 $195,101 $158,138 $38,265
2021 $211,141 $166,103 $119,877 $45,038
2020 $148,902 $172,672 $74,756 $-23,770
2018 $185,459 $267,368 $51,541 $-81,909
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