Duplin County Education Foundation

EIN: 581586278 501(c)(3)

Kenansville, NC

Total Revenue
$96,757
Total Expenses
$94,660
Total Assets
$1,387,468
Net Assets
$1,387,468
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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
1983
Legal Domicile
NC
Principal Officer
Anna Lanier
Phone
9102961521
Tax Period
2024-01-01 to 2024-12-31

Duplin County Education Foundation, founded in 1983, is a micro nonprofit that reported $97K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Net assets of $1.4M represent 172 months of operating reserves.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,480
Program Service Revenue $0
Investment Income $72,277
Other Revenue $0
TOTAL REVENUE $96,757

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $94,660
Other Expenses $94,660
TOTAL EXPENSES $94,660

Year-over-Year Comparison

2024 2023 Change
Revenue $96,757 $73,211 +0.3%
Expenses $94,660 $77,860 +0.2%
Net Income $2,097 $-4,649 -1.5%
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

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Governance

Voting Members
22
Independent Members
22
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
22
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erin King-Brown President 0.00
Officer
$0 $0 $0
Justin Hunter Board Member 0.00
Officer
$0 $0 $0
Beverly Lee Board Member 0.00
Officer
$0 $0 $0
Wayne Casteen Vice-President 0.00
Officer
$0 $0 $0
Kenny Barrett Board Member 0.00
Officer
$0 $0 $0
Phillip Gladden Board Member 0.00
Officer
$0 $0 $0
Sarah Wilson Board Member 0.00
Officer
$0 $0 $0
Gale Herring Board Member 0.00
Officer
$0 $0 $0
Brent Davis Ex-Officio Board Chairman 0.00
Officer
$0 $0 $0
Dr Austin Obasohan Ex-Officio Superintendent 0.00
Officer
$0 $0 $0
Aaron Smith Board Member 0.00
Officer
$0 $0 $0
Dawn George Treasurer 1.00
Officer
$0 $0 $0
Kristen Hall Ex-Officio Student Support Services 1.00
Officer
$0 $0 $0
Kendra Jones Board Member 1.00
Officer
$0 $0 $0
Heather Lanier Board Member 1.00
Officer
$0 $0 $0
Lindsey Kornegay Board Member 1.00
Officer
$0 $0 $0
Niccoya Dobson Board Member 1.00
Officer
$0 $0 $0
Janice Goldsby Special Adviser 1.00
Officer
$0 $0 $0
Valerie Carr-Williams Board Member 1.00
Officer
$0 $0 $0
James Wolfe Board Member 1.00
Officer
$0 $0 $0
Debbie Price Board Member 1.00
Officer
$0 $0 $0
Anna Lanier Coordinator 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
2024 $96,757 $94,660 $1,387,468 $2,097
2023 $73,211 $77,860 $1,385,371 $-4,649
2022 $118,393 $196,657 $1,390,020 $-78,264
2021 $215,687 $64,472 $1,468,284 $151,215
2020 $82,178 $47,859 $1,233,888 $34,319
2019 $56,840 $43,094 $1,078,240 $13,746
2018 $96,109 $51,723 $1,064,493 $44,386
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