WESTERN PIEDMONT EDUCATION CONSORTIUM (EIN 571067047) - 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

1997

Legal Domicile

Principal Officer

DR FAY SPROUSE

Phone

8642339127

Tax Period

2024-07-01 to 2025-06-30

WESTERN PIEDMONT EDUCATION CONSORTIUM, founded in 1997, is a small nonprofit in the Unknown sector that reported $248K in total revenue in fiscal year 2024. Expenses of $240K left a modest 3% surplus.

Mission

THE MISSION OF WESTERN PIEDMONT EDUCATION CONSORTIUM IS TO BRING ADDITIONAL EFFICIENCY AND EFFECTIVENESS TO THE EDUCATION OF STUDENTS AND THE OPERATIONS OF OUR MEMBER DISTRICTS.

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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 $163,917

Program Service Revenue $70,773

Investment Income $6,842

Other Revenue $6,388

TOTAL REVENUE $247,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,901

Fundraising Expenses $0

Program Expenses $218,055

Other Expenses $125,091

TOTAL EXPENSES $239,992

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,920	$241,401	+0.0%
Expenses	$239,992	$249,282	0.0%
Net Income	$7,928	$-7,881	-2.0%

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

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
DR ASHLEY ATKINSON	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR LORI BROWNLEE-BREWTON	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR DANIEL CROCKETT	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR STEVE GLENN	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
JOEY HANEY	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR JAIME HEMBREE	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
KATHY HIPP	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR HARVEY LIVINGSTON	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR KEVIN O'GORMAN	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR DAVID O'SHIELDS	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR JODY PENLAND	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
ALVIN PRESSLEY	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR BETH TAYLOR	TRUSTEE/DIRE	1.00	Director	$0	$0	$0
DR FAY SPROUSE	EXECUTIVE DI	1.00	Officer	$0	$0	$0
JIM SUBER	EXECUTIVE DI	1.00	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
2025	$247,920	$239,992	$164,794	$7,928
2024	$241,401	$249,282	$157,061	$-7,881
2023	$305,145	$296,980	$164,942	$8,165
2022	$262,988	$198,112	$156,777	$64,876
2021	$233,842	$200,602	$91,900	$33,240
2020	$228,821	$270,871	$80,621	$-42,050

WESTERN PIEDMONT EDUCATION CONSORTIUM