Preservation Greensboro Inc

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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

1966

Legal Domicile

Principal Officer

Susan Moye

Phone

3362725003

Tax Period

2023-07-01 to 2024-06-30

Preservation Greensboro Inc, founded in 1966, is a small nonprofit in the Arts, Culture & Humanities sector that reported $291K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $394K exceeded revenue, resulting in a 35% operating deficit.

Mission

Build thriving communities by protecting and renewing our history and architectural treasures.

Program Service Accomplishments

Program 1

Expenses: $308,473 Revenue: $96,615

Since 1966, Preservation Greensboro, Inc. has encouraged the conservation of Greensboro's architectual history by preserving sites such as Blandwood Mansion and the Troy-Bumpass House, and has helped to save such places as Dudley High School, Blue Bell Manufacturing Company, Lindley Park, and the UNCG Chancellor's House. Historic buildings and sites play an important role in defining our community's identity by telling Greensboro's unique story. They serve as tangible links to our past, energize our economy, and ensure the continuity and stability of our neighborhoods.Today, PGI is a dynamic and respected organization that contributes a key role in the growth of Greensboro's economy. With such diverse initiatives as Architectural Salvage of Greensboro, the Blandwood museum, newsletters, informative meetings, seminars,and special events, Preservation Greensboro is a constant voice within the community towards revitilization, improved quality of life, and conservation of historic resources for future generations.

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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 $163,000

Program Service Revenue $0

Investment Income $81

Other Revenue $128,356

TOTAL REVENUE $291,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,381

Fundraising Expenses $26,229

Program Expenses $308,473

Other Expenses $210,207

TOTAL EXPENSES $393,588

Year-over-Year Comparison

	2023	2022	Change
Revenue	$291,437	$432,532	-0.3%
Expenses	$393,588	$363,787	+0.1%
Net Income	$-102,151	$68,745	-2.5%

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

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

$43,321

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Benjamin Briggs	Executive Dir.	40.00	Officer	$38,916	$4,405	$43,321
Taylor Butler	Director	1.00	Director	$0	$0	$0
Chris Carlson	Director	1.00	Director	$0	$0	$0
Ashley Meredith	Director	1.00	Director	$0	$0	$0
Wendy Blackwell	Director	1.00	Director	$0	$0	$0
Hugh Holston	Director	1.00	Director	$0	$0	$0
James Griffin	Director	1.00	Director	$0	$0	$0
Eric Woodard	Director	1.00	Director	$0	$0	$0
Natalie Pass-Miller	Director	1.00	Director	$0	$0	$0
Tahe Zalal	Director	1.00	Director	$0	$0	$0
Lori Ann Harris	Director	1.00	Director	$0	$0	$0
Ashley Simpson	Director	1.00	Director	$0	$0	$0
Ginny Olson	Director	1.00	Director	$0	$0	$0
Craig Taylor	Director	1.00	Director	$0	$0	$0
Sunny Gravely Foushee	President	12.00	Officer Director	$0	$0	$0
Kim Cameron	Vice President	12.00	Officer Director	$0	$0	$0
Thomas Schenck	Secretary	12.00	Officer Director	$0	$0	$0
Susan Moye	Treasurer	12.00	Officer Director	$0	$0	$0
Haley Moloney	Executive Dir.	40.00	Officer	$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
2024	$291,437	$393,588	$1,991,300	$-102,151
2023	$432,532	$363,787	$2,136,677	$68,745
2022	$311,223	$388,409	$1,945,892	$-77,186
2021	$386,462	$289,253	$2,011,459	$97,209
2018	$351,578	$318,723	$1,981,220	$32,855