GASTON COMMUNITY FOUNDATION (EIN 581340834) - 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

1978

Legal Domicile

Principal Officer

RICHARD RANKIN

Phone

7048640927

Tax Period

2024-01-01 to 2024-12-31

GASTON COMMUNITY FOUNDATION, founded in 1978, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $12.1M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $11.5M left a modest 5% surplus.

Mission

OUR MISSION IS TO INSPIRE GENEROSITY, UPLIFT NONPROFITS, AND CONNECT DONORS WITH COMMUNITY NEEDS.

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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 $8,758,540

Program Service Revenue $318,018

Investment Income $2,225,932

Other Revenue $786,785

TOTAL REVENUE $12,089,275

Expense Breakdown

Grants Paid $10,312,991

Salaries & Benefits $797,183

Fundraising Expenses $414,505

Program Expenses $10,900,525

Other Expenses $381,551

TOTAL EXPENSES $11,491,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,089,275	$9,263,491	+0.3%
Expenses	$11,491,725	$8,944,535	+0.3%
Net Income	$597,550	$318,956	+0.9%

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

200

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

$202,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY PASCHALL	PAST CHAIR	N/A	Director	$0	$0	$0
DAVID ROGERS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JOHN MCGILL	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
NAZRUL CHOWDURY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT CALDWELL	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MARK EPSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE FAYED	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GRIFFITH	DIRECTOR	1.00	Director	$0	$0	$0
DR KELVIN HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVIDSON HOBSON	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS PEEK	INVESTMENT C	1.00	Director	$0	$0	$0
ANTHONY POWELL	GRANTS CHAIR	1.00	Director	$0	$0	$0
AMY SPENCER	DEVELOPMENT	1.00	Director	$0	$0	$0
ROBERT SPENCER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JENNIE STULTZ	DIRECTOR	1.00	Director	$0	$0	$0
PAM WARLICK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WOFFORD	DIRECTOR	1.00	Director	$0	$0	$0
N/A	PAST PRESIDE	40.00	Officer	$183,750	$18,735	$202,485
JOHN LOWERY	DIRECTOR	1.00	Director	$0	$0	$0
JANE PEARSON	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN WILSON	DIRECTOR	1.00	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
2024	$12,089,275	$11,491,725	$145,388,423	$597,550
2023	$9,263,491	$8,944,535	$126,209,800	$318,956
2022	$13,988,192	$7,152,255	$120,059,448	$6,835,937
2021	$17,636,833	$7,216,671	$124,627,590	$10,420,162
2020	$6,893,354	$6,125,066	$102,747,982	$768,288
2019	$6,541,595	$7,170,989	$92,745,726	$-629,394

GASTON COMMUNITY FOUNDATION