ALLEGHANY COUNTY ECONOMIC DEVELOPME

EIN: 562074735 Community Improvement

Sparta, NC

Total Revenue
$2,985
Total Expenses
$505
Total Assets
$109,183
Net Assets
$109,183
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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
1998
Legal Domicile
NC
Tax Period
2019-01-01 to 2019-12-31

ALLEGHANY COUNTY ECONOMIC DEVELOPME, founded in 1998, is a micro nonprofit in the Community Improvement sector that reported $3K in total revenue in fiscal year 2019. The organization ran a surplus of $2K, a strong 83% operating margin.

Mission

PROMOTING ECONOMIC DEVELOPMENT WITHIN ALLEWGHANY COUNTY

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,900
Program Service Revenue $0
Investment Income $85
Other Revenue $0
TOTAL REVENUE $2,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $505
TOTAL EXPENSES $505

Year-over-Year Comparison

2019 2018 Change
Revenue $2,985 $2,969 +0.0%
Expenses $505 $475 +0.1%
Net Income $2,480 $2,494 0.0%
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
8
Independent Members
8
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAYE ROYAL DIRECTOR 1.00
Director
$0 $0 $0
MARTHA MCKNIGHT DIRECTOR 1.00
Director
$0 $0 $0
JOHN MILLER DIRECTOR 1.00
Director
$0 $0 $0
DENNIS GAMBILL DIRECTOR 1.00
Director
$0 $0 $0
MITCH FRANKLIN DIRECTOR 1.00
Director
$0 $0 $0
BRYAN EDWARDS DIRECTOR 2.00
Director
$0 $0 $0
JIM HALSEY DIRECTOR 1.00
Director
$0 $0 $0
DALE CAVENY DIRECTOR 1.00
Director Highest
$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
2019 $2,985 $505 $109,183 $2,480
2019 $2,985 $505 $109,183 $2,480
2018 $2,969 $475 $1,550,192 $2,494
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