MONTREAT CONFERENCE CENTER DEVELOP… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

CLARENCE W LEGERTON III

Phone

8286692911

Tax Period

2024-05-01 to 2025-04-30

MONTREAT CONFERENCE CENTER DEVELOPMENT FOUNDATION INC, founded in 1984, is a small nonprofit in the Religion sector that reported $165K in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 724% operating deficit.

Mission

SEEKS TO GLORIFY GOD BY SERVING THE WHOLE CHURCH OF JESUS CHRIST BY CALLING ALL GOD'S PEOPLE TO A PLACE SET APART, FOR SPIRITUAL COMMITMENT AND RENEWAL, TO GROW IN DISCIPLESHIP, TO BUILD RELATIONSHIPS, AND TO PREPARE ONE ANOTHER FOR CHRIST'S MINISTRY IN THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $10

THE ORGANIZATION IS CHARGED WITH THE SOLICITATION AND THE INFORMED INVESTMENT AND SAFEGUARDING OF ENDOWMENT AND CAPITAL FUNDS OF THE ORGANIZATION AND OF THE MOUNTAIN RETREAT ASSOCIATION (A RELATED...

THE ORGANIZATION IS CHARGED WITH THE SOLICITATION AND THE INFORMED INVESTMENT AND SAFEGUARDING OF ENDOWMENT AND CAPITAL FUNDS OF THE ORGANIZATION AND OF THE MOUNTAIN RETREAT ASSOCIATION (A RELATED NONPROFIT ORGANIZATION) IN ORDER THAT THE PURPOSES AND PROGRAMS OF THE MRA CAN BE SUSTAINED AND ENHANCED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $164,634

Other Revenue $0

TOTAL REVENUE $164,634

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10

Other Expenses $1,356,962

TOTAL EXPENSES $1,356,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$164,634	$1,203,524	-0.9%
Expenses	$1,356,962	$19,554	+68.4%
Net Income	$-1,192,328	$1,183,970	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
CLARENCE W LEGERTON III	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID EVANS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JULIA SIBLEY-JONES	TREASURER	1.00	Officer Director	$0	$0	$0
JULIE PHELPS BACON	DIRECTOR	1.00	Director	$0	$0	$0
MORROW BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
DAN BOYD	DIRECTOR	1.00	Director	$0	$0	$0
BOB BREARLY	DIRECTOR	1.00	Director	$0	$0	$0
H BOYD BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES G COHEN	DIRECTOR	1.00	Director	$0	$0	$0
DAN DEAN	DIRECTOR	1.00	Director	$0	$0	$0
KATHERYN FOUCHE	DIRECTOR	1.00	Director	$0	$0	$0
BEN GALLOWAY	DIRECTOR	1.00	Director	$0	$0	$0
LYNN GILLILAND	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW GILLILAND	DIRECTOR	1.00	Director	$0	$0	$0
ALLAN HIGHTOWER	DIRECTOR	1.00	Director	$0	$0	$0
LOLLY HIGHTOWER	DIRECTOR	1.00	Director	$0	$0	$0
MARY HILL	DIRECTOR	1.00	Director	$0	$0	$0
LINDA HOBSON	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET LEGERTON	DIRECTOR	1.00	Director	$0	$0	$0
KEITH LOVE	DIRECTOR	1.00	Director	$0	$0	$0
W BRINKLEY MELVIN	DIRECTOR	1.00	Director	$0	$0	$0
GINNY NEWELL	DIRECTOR	1.00	Director	$0	$0	$0
ALEC PETERS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH PETERS	DIRECTOR	1.00	Director	$0	$0	$0
SARA SCARBOROUGH	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET SCHEU	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM E SCHEU	DIRECTOR	1.00	Director	$0	$0	$0
MARGO K SMITH	DIRECTOR	1.00	Director	$0	$0	$0
J WILLIAM STRAUGHAN JR	DIRECTOR	1.00	Director	$0	$0	$0
LEE ANN BANNERMAN	DIRECTOR THR	1.00	Director	$0	$0	$0
JASPER GILBERT	DIRECTOR THR	1.00	Director	$0	$0	$0
AJ MEALOR	DIRECTOR THR	1.00	Director	$0	$0	$0
KATHERINE MEALOR	DIRECTOR THR	1.00	Director	$0	$0	$0
JOHN KNOX WALKUP	DIRECTOR THR	1.00	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	$164,634	$1,356,962	$2,621,938	$-1,192,328
2024	$1,203,524	$19,554	$3,544,867	$1,183,970
2023	$-38,866	No data	$2,446,243	No data
2022	$-161,567	No data	$2,569,443	No data
2021	$683,187	No data	$2,808,490	No data
2020	$-38,221	No data	$2,201,025	No data
2019	$109,283	No data	$2,312,399	No data
2018	$165,770	No data	$2,274,724	No data

MONTREAT CONFERENCE CENTER DEVELOPMENT FOUNDATION INC