EXECUTIVE CENTER FOR ECONOMIC & EDUCATIONAL DEVELOPMENT INC

EIN: 562245575 501(c)(3) Education

GREENVILLE, NC

Total Revenue
$232,972
Total Expenses
$395,104
Total Assets
$148,556
Net Assets
$-173,744
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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
2001
Legal Domicile
NC
Phone
2522278098
Tax Period
2021-01-01 to 2021-12-31

EXECUTIVE CENTER FOR ECONOMIC & EDUCATIONAL DEVELOPMENT INC, founded in 2001, is a small nonprofit in the Education sector that reported $233K in total revenue in fiscal year 2021. Expenses of $395K exceeded revenue, resulting in a 70% operating deficit.

Mission

to help increase availability and access to healthy affordable food products in food insecure neighborhoods and communities in rural counties in eastern north carolina.

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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 (2021)

Revenue Breakdown

Contributions & Grants $44,188
Program Service Revenue $188,784
Investment Income $0
Other Revenue $0
TOTAL REVENUE $232,972

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218,564
Other Expenses $395,104
TOTAL EXPENSES $395,104

Year-over-Year Comparison

2021 2020 Change
Revenue $232,972 N/A N/A
Expenses $395,104 N/A N/A
Net Income $-162,132 $0 N/A
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
6
Independent Members
N/A
Employees
N/A
Volunteers
20

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
6
$38,599
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A executive director 40.00
Director
$38,599 $0 $38,599
N/A chairman 4.00
Director
$0 $0 $0
N/A secretary treasurer 6.00
Director
$0 $0 $0
N/A member 4.00
Director
$0 $0 $0
N/A member 4.00
Director
$0 $0 $0
N/A member 4.00
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
2021 $232,972 $395,104 $148,556 $-162,132
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