GEORGE WASHINGTON CARVER COLLEGE INC (EIN 566063961) - 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

1948

Legal Domicile

Principal Officer

Clyde Leon Foust Jr

Phone

3366264200

Tax Period

2024-01-01 to 2024-12-31

GEORGE WASHINGTON CARVER COLLEGE INC, founded in 1948, is a small nonprofit in the Human Services sector that reported $111K in total revenue in fiscal year 2024. Expenses of $133K exceeded revenue, resulting in a 20% operating deficit.

Mission

Create Unity and Pride in our community while promoting self-sufficiency through education, training and employment.

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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 $88,816

Program Service Revenue $10,575

Investment Income $2,534

Other Revenue $8,779

TOTAL REVENUE $110,704

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,343

Other Expenses $132,643

TOTAL EXPENSES $132,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,704	$113,976	0.0%
Expenses	$132,643	$120,608	+0.1%
Net Income	$-21,939	$-6,632	+2.3%

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

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
Betty Foust	Director	2	Director	$0	$0	$0
Eva Hayes	Director	1	Director	$0	$0	$0
Robbie Coble	Director	2	Director	$0	$0	$0
Nancy Hoskins	Director	2	Director	$0	$0	$0
Vanessa Brooks	Director	2	Director	$0	$0	$0
Wayne Baldwin	Director	2	Director	$0	$0	$0
Joe Flowers	Director	2	Director	$0	$0	$0
Clyde Foust Jr	President	4	Director	$0	$0	$0
Jane Ledwell-Gant	Secretary	3	Director	$0	$0	$0
Dotsie Walden	Treasurer	4	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	$110,704	$132,643	$1,121,351	$-21,939
2023	$113,976	$120,608	$1,143,290	$-6,632
2022	$27,112	$78,280	$1,149,925	$-51,168
2021	$32,039	$59,613	$1,201,098	$-27,574
2020	$13,128	$49,605	$1,228,672	$-36,477
2019	$162,601	$32,905	$1,318,115	$129,696
2018	$552,793	$2,669	$1,137,486	$550,124

GEORGE WASHINGTON CARVER COLLEGE INC