CORNELIUS, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE NORMAN CONVENTION AND VISITORS BUREAU, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 6% surplus.
TO ORGANIZE AND PROMOTE CONVENTIONS, EVENTS AND TOURISM IN THE LAKE NORMAN AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,128,506 | $994,904 | +0.1% |
| Expenses | $1,063,820 | $980,809 | +0.1% |
| Net Income | $64,686 | $14,095 | +3.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOE KINDRED | MEMBER AT LARGE | 0.00 |
Director
|
$0 | $0 | $0 |
| JEANNA HOFFMAN | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| BORIS BUNICH | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| VINAY SREE | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| JOE DOUGLAS | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY HOGAN | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| DIANA MERRIFIELD | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL JAYCOCKS | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN DIONNE | AT LARGE | 0.00 |
Director
|
$0 | $0 | $0 |
| BILL RUSSELL | EX OFFICIO | 0.00 |
Director
|
$0 | $0 | $0 |
| SUSAN JOHNSON | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| STEVE JUSTUS | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| ALISIA BERGSMAN | DIRECTOR | 0.00 |
Director
|
$0 | $0 | $0 |
| RANDY MARION | CHAIRMAN | 0.00 |
Officer
|
$0 | $0 | $0 |
| WOODY WASHAM | VICE CHAIRMAN | 0.00 |
Officer
|
$0 | $0 | $0 |
| BARBARA MCCALL | TREASURER | 0.00 |
Officer
|
$0 | $0 | $0 |
| CATHY BENTZ | ASSISTANT TREASURER | 0.00 |
Officer
|
$0 | $0 | $0 |
| JOE HARWOOD | COMMUNITY AFFAIRS | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,128,506 | $1,063,820 | $803,198 | $64,686 |
| 2024 | $994,904 | $980,809 | $741,294 | $14,095 |
| 2023 | $843,278 | $870,580 | $716,110 | $-27,302 |
| 2022 | $709,925 | $781,837 | $743,412 | $-71,912 |
| 2021 | $990,781 | $722,254 | $815,324 | $268,527 |
| 2020 | $877,478 | $756,125 | $546,797 | $121,353 |
| 2019 | $855,999 | $817,049 | $425,444 | $38,950 |
Compare LAKE NORMAN CONVENTION AND VISITORS BUREAU with other nonprofits in North Carolina and across the country.