THE GENERAL WILLIAM C LEE MEMORIAL COMMISSION INC (EIN 581497383) - 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

1982

Legal Domicile

Principal Officer

CHARLES CHUCK W TURNAG

Phone

9108921947

Tax Period

2023-07-01 to 2024-06-30

THE GENERAL WILLIAM C LEE MEMORIAL COMMISSION INC, founded in 1982, is a micro nonprofit that reported $82K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 23% operating margin.

Mission

MAINTAIN HISTORICAL SITE FOR MUSEUM AND MEMORABILIA

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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 $50,537

Program Service Revenue $0

Investment Income $29,438

Other Revenue $2,072

TOTAL REVENUE $82,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,606

Fundraising Expenses $0

Other Expenses $60,835

TOTAL EXPENSES $63,441

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,047	$115,345	-0.3%
Expenses	$63,441	$108,879	-0.4%
Net Income	$18,606	$6,466	+1.9%

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

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

$2,606

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY STONE	BOARD MEMBER	0.50	Director	$0	$0	$0
BART ADAMS	BOARD MEMBER	0.50	Director	$0	$0	$0
GLORIA GULLEDGE	BOARD MEMBER	0.50	Director	$2,606	$0	$2,606
DAVE TAYLOR JR	BOARD MEMBER	0.50	Director	$0	$0	$0
RONNIE BLUE	BOARD MEMBER	0.50	Director	$0	$0	$0
SHELIA MANESS	BOARD MEMEBER	0.50	Director	$0	$0	$0
BARBARA GODWIN	BOARD MEMBER	0.50	Director	$0	$0	$0
CHUCK TURNAGE	PRESIDENT	2.00	Officer	$0	$0	$0
MARK JOHNSON	TREASURER	1.50	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	No data	No data	No data	No data
2024	$82,047	$63,441	$1,554,206	$18,606
2023	$115,345	$108,879	$1,477,487	$6,466
2022	$51,013	$48,565	$1,573,423	$2,448
2021	$45,475	$45,581	$1,576,215	$-106
2020	$113,125	$57,165	$1,403,748	$55,960
2019	$87,862	$78,350	$1,426,330	$9,512

THE GENERAL WILLIAM C LEE MEMORIAL COMMISSION INC