Fuquay Varina Community Development (EIN 581978712) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

Herbert Sneed Jr

Tax Period

2025-01-01 to 2025-12-31

Fuquay Varina Community Development, founded in 1991, is a micro nonprofit in the Human Services sector that reported $3K in total revenue in fiscal year 2025. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 641% operating deficit.

Mission

To improve the quality of life for citizens of Fuquay Varina and surrounding communities by raising the social,economic and educational activities through targeted programs and services.To continue to provide affordable senior housing in Fuquay Varina.

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,335

Program Service Revenue $0

Investment Income $194

Other Revenue $0

TOTAL REVENUE $2,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,736

Other Expenses $18,736

TOTAL EXPENSES $18,736

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,529	$104,723	-1.0%
Expenses	$18,736	$6,489	+1.9%
Net Income	$-16,207	$98,234	-1.2%

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

Governance

Voting Members

Independent Members

N/A

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
Herbert Sneed Jr	Board Chairmen	0.00	Officer Director	$0	$0	$0
Wallace Garrett	Treasurer	0.00	Officer 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
2025	$2,529	$18,736	$4,249,618	$-16,207
2024	$101,999	$6,489	$4,165,825	$95,510
2023	$1,284	$4,560	$4,070,075	$-3,276
2022	$4,559	$6,559	$4,074,391	$-2,000
2021	$9,175	$5,510	$4,074,391	$3,665
2020	$5,633	$2,341	$4,074,880	$3,292
2019	$14,587	$2,659	$3,188,309	$11,928

Fuquay Varina Community Development