HISTORICAL BOOK CLUB OF NC INC (EIN 566052990) - 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

1955

Legal Domicile

Principal Officer

MINDY OAKLEY

Phone

3364604151

Tax Period

2024-06-01 to 2025-05-31

HISTORICAL BOOK CLUB OF NC INC, founded in 1955, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $65K left a modest 12% surplus.

Mission

ENCOURAGE THE PRODUCTION OF BETTER LITERATURE AND A GREATER INTEREST IN READING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $19,880

Program Service Revenue $22,637

Investment Income $31,228

Other Revenue $33

TOTAL REVENUE $73,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,948

Other Expenses $64,918

TOTAL EXPENSES $64,918

Year-over-Year Comparison

	2024	2023	Change
Revenue	$73,778	$62,922	+0.2%
Expenses	$64,918	$45,096	+0.4%
Net Income	$8,860	$17,826	-0.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
LOUIS COURTS	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANN BARTON CARTER	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
LEE GALLIEN	SECRETARY	1.00	Officer Director	$0	$0	$0
MINDY OAKLEY	TREASURER	1.00	Officer 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	$73,778	$64,918	$554,046	$8,860
2024	$62,922	$45,096	$545,186	$17,826
2023	$43,012	$39,950	$527,360	$3,062
2023	$43,012	$39,950	$527,360	$3,062
2022	$34,337	$26,699	$524,298	$7,638
2021	$23,045	$10,781	$516,661	$12,264
2020	$38,685	$25,131	$504,397	$13,554
2019	$46,990	$34,913	$490,843	$12,077

HISTORICAL BOOK CLUB OF NC INC