ALAMANCE REGION OF THE AACA

EIN: 562214026 501(c)(3) Arts, Culture & Humanities

MEBANE, NC

Total Revenue
$32,797
Total Expenses
$7,946
Total Assets
$508,881
Net Assets
$508,881
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
RICHARD HOLMES
Tax Period
2025-01-01 to 2025-12-31

ALAMANCE REGION OF THE AACA, founded in 2009, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $33K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $25K, a strong 76% operating margin.

Mission

THE ALAMANCE REGION OF THE ANTIQUE AUTOMOBILE CLUB OF AMERICA PROMOTES, FOSTERS AND AIDS IN THE PRESERVATION AND RESTORATION OF ANTIQUE AUTOMOBILES FOR THE BENEFIT OF THE PUBLIC AND FUTURE GENERATIONS. THE GOAL IS TO EDUCATE THE GENERAL PUBLIC IN THE HISTORY OF THE DEVELOPMENT OF THE AUTOMOBILE INDUSTRY IN THE USA. THROUGH OUR RESTORATION PROJECTS WE SHOW THE CHANGES, INNOVATIONS AND EVOLUTION OF THE MOTOR VEHICLE FROM ITS BEGINNING TO THE MODERN ERA. THE SHOWS, DEMONSTRATIONS AND TEACHING SESSIONS ARE THE TOOLS USED TO ACCOMPLISH THIS. THE OUTREACH IS TO YOUNG PEOPLE AND CHARITABLE ORGAZATIONS THAT CAN BENEFIT FROM OUR KNOWLEDGE AND RESTORATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $14,348
Program Service Revenue $0
Investment Income $7,961
Other Revenue $10,488
TOTAL REVENUE $32,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,946
Other Expenses $7,946
TOTAL EXPENSES $7,946

Year-over-Year Comparison

2025 2024 Change
Revenue $32,797 $27,721 +0.2%
Expenses $7,946 $17,945 -0.6%
Net Income $24,851 $9,776 +1.5%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
62

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD HOLMES PRESIDENT N/A
Officer Director
$0 $0 $0
MICKEY KLUTTZ VICE PRESIDE N/A
Officer Director
$0 $0 $0
TRENT RILEY SECRETARY N/A
Officer Director
$0 $0 $0
JEANNE WATKINS TREASURER N/A
Officer Director
$0 $0 $0
ELIZABETH COBLE EX-OFFICIO N/A
Director
$0 $0 $0
ANDE SHOE DIRECTOR N/A
Director
$0 $0 $0
SCOTT WICKER DIRECTOR N/A
Director
$0 $0 $0
HENRYVINES DIRECTOR N/A
Director
$0 $0 $0
MIKE BLALOCK DIRECTOR N/A
Director
$0 $0 $0
CHUCK SMITH DIRECTOR 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 $32,797 $7,946 $508,881 $24,851
2023 $431,714 $6,452 $474,254 $425,262
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