VIVID BAINBRIDGE COBB CHARITABLE TRUST

EIN: 581875572 501(c)(3) Philanthropy & Grantmaking

RALEIGH, NC

Total Revenue
$218,464
Total Expenses
$164,106
Total Assets
$3,055,766
Net Assets
$3,055,766
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NC
Principal Officer
WILLIAM J BLANTON
Phone
9197848321
Tax Period
2023-01-01 to 2023-12-31

VIVID BAINBRIDGE COBB CHARITABLE TRUST, founded in 1989, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $218K in total revenue in fiscal year 2023. Revenue surged 156% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 25% operating margin.

Mission

CONTRIBUTE EXCLUSIVELY TO CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES TO ORGANIZATIONS AUTHORIZED TO CARRY ON THESE ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $45,764

DISTRIBUTION TO MICHIGAN STATE UNIVERSITY USED TO FUND THE BAINBRIDGE-COBB SCHOLARSHIP FUND ALREADY ESTABLISHED

Program 2
Expenses: $14,000

DISTRIBUTION TO EDENTON STREET UNITED METHODIST CHURCH FBO BAINBRIDGE COBB SCHOLARSHIP FUND ALREADY ESTABLISHED.

Program 3
Expenses: $14,000

DISTRIBUTION TO HILLSDALE COLLEGE FBO BAINBRIDGE COBB SCHOLARSHIP FUND ALREADY ESTABLISHED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $218,464
Other Revenue $0
TOTAL REVENUE $218,464

Expense Breakdown

Grants Paid $73,764
Salaries & Benefits $39,404
Fundraising Expenses $0
Program Expenses $73,764
Other Expenses $50,938
TOTAL EXPENSES $164,106

Year-over-Year Comparison

2023 2022 Change
Revenue $218,464 $85,212 +1.6%
Expenses $164,106 $157,913 +0.0%
Net Income $54,358 $-72,701 -1.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
1
$31,404
Total Directors
3
$39,404
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM J BLANTON TRUSTEE 10.00
Officer Director
$31,404 $0 $31,404
STEPHEN H TERRY TRUSTEE N/A
Director
$4,000 $0 $4,000
KRISTA YOUNG TRUSTEE N/A
Director
$4,000 $0 $4,000
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 No data No data No data No data
2023 $218,464 $164,106 $3,055,766 $54,358
2022 $85,212 $157,913 $3,042,700 $-72,701
2021 $74,281 $133,238 $3,094,779 $-58,957
2020 $616,296 $140,108 $3,127,221 $476,188
2019 $203,322 $137,064 $2,636,261 $66,258
2018 $238,803 $137,700 $2,552,158 $101,103
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VIVID BAINBRIDGE COBB CHARITABLE TRUST with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.