SERVICE LEAGUE OF HICKORY INC (EIN 566022718) - Form 990 Financial Analysis & Trantor Score

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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

1953

Legal Domicile

Principal Officer

EILEEN ZINS

Phone

8283240201

Tax Period

2023-06-01 to 2024-05-31

SERVICE LEAGUE OF HICKORY INC, founded in 1953, is a micro nonprofit in the Community Improvement sector that reported $81K in total revenue in fiscal year 2023. Revenue surged 118% from the prior year, signaling strong growth momentum. Net assets of $891K represent 133 months of operating reserves.

Mission

COMMUNITY IMPROVEMENTS THROUGH DIRECT FINANCIAL SUPPORT OF 501(C)3 CHARITIES THAT PROVIDE DIRECT SUPPORT TO THE CITIZENS OF THE CATAWBA COUNTY AREA. ADDITIONALLY, THE ORGANIZATION PROVIDES FINANCIAL SCHOLARSHIPS FOR HIGHER EDUCATION TO THE FINANCIALLY DISADVANTAGED RESIDENTS OF THE AREA.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,340

Program Service Revenue $0

Investment Income $31,861

Other Revenue $33,331

TOTAL REVENUE $80,532

Expense Breakdown

Grants Paid $58,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,188

Other Expenses $21,938

TOTAL EXPENSES $80,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$80,532	$36,933	+1.2%
Expenses	$80,188	$89,250	-0.1%
Net Income	$344	$-52,317	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

175

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
AUDREY MAZZOLI	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHAR SWEENEY	PAST CO PRESIDENT	2.00	Officer Director	$0	$0	$0
NANCY BLEDSOE	PAST CO PRESIDENT	2.00	Officer Director	$0	$0	$0
AUBREY MARRAZZO	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
SAM CONLEY	SECRETARY	2.00	Officer Director	$0	$0	$0
EILEEN ZINS	TREASURER	2.00	Officer Director	$0	$0	$0
CAMILLE GRUMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
BONITA FERRETTI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARGARET LANGFORD	BOARD MEMBER	2.00	Director	$0	$0	$0
MARTY COTTON	BOARD MEMBER	2.00	Director	$0	$0	$0
CONSTANCE SNYDER	BOARD MEMBER	2.00	Director	$0	$0	$0
MAGGIE DAHLSTROM	BOARD MEMBER	2.00	Director	$0	$0	$0
TARA BLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
MARTHA SOWERS	BOARD MEMBER	2.00	Director	$0	$0	$0
GINGER STARNES	BOARD MEMBER	2.00	Director	$0	$0	$0
KATHI BELL	BOARD MEMBER	2.00	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	No data	No data	No data	No data
2024	$80,532	$80,188	$891,626	$344
2023	$36,933	$89,250	$869,958	$-52,317
2022	$108,753	$78,340	$942,523	$30,413
2021	$52,151	$81,251	$1,010,514	$-29,100
2020	$106,121	$58,903	$834,384	$47,218
2019	$81,669	$79,116	$800,699	$2,553

SERVICE LEAGUE OF HICKORY INC