PREGNANCY RESOURCE CENTER OF STATESVILLE INC (EIN 581872007) - 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

1989

Legal Domicile

Phone

7048710338

Tax Period

2024-01-01 to 2024-12-31

PREGNANCY RESOURCE CENTER OF STATESVILLE INC, founded in 1989, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2024.

Mission

A NONPROFIT MINISTRY SERVING WOMEN AND MEN SEEKING HELP IN MAKING DECISIONS ABOUT THEIR PREGNANCY AND WELL BEING. PROVIDING FREE SERVICES INCLUDING PREGNANCY COUNSELING, PRENATAL AND PARENTING EDUCATION CLASSES, REFERRALS TO COMMUNITY AGENCIES, MATERNITY AND BABY ITEMS, ADOPTION

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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 $1,025,514

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,025,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $494,742

Fundraising Expenses $43,853

Program Expenses $801,631

Other Expenses $599,167

TOTAL EXPENSES $1,093,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,025,514	$974,305	+0.1%
Expenses	$1,093,909	$665,641	+0.6%
Net Income	$-68,395	$308,664	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBY EATON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
CRAIG DAVIS	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRIAN SOHOVICH	TREASURER	2.00	Officer Director	$0	$0	$0
BRENDA MARTIN	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT CROSSWHITE	MEMBER	2.00	Director	$0	$0	$0
JENNIFER BROOKS	MEMBER	2.00	Director	$0	$0	$0
JENYA COMFORT	MEMBER	2.00	Director	$0	$0	$0
DIANE SCOTT	ADMINISTRATIVE ASSISTANT	40.00	Key Emp	$0	$0	$0
VICTORIA MIGLIN	EXECUTIVE DIRECTOR	35.00	Highest	$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	$1,025,514	$1,093,909	$1,532,620	$-68,395
2024	$991,514	$1,059,909	$1,532,620	$-68,395
2023	$974,305	$665,641	$1,621,252	$308,664
2022	$815,476	$505,335	$1,339,228	$310,141
2021	$656,105	$361,974	$1,028,867	$294,131
2020	$278,786	$319,423	$186,036	$-40,637

PREGNANCY RESOURCE CENTER OF STATESVILLE INC