The Colt Collectors Association Inc

EIN: 751776763

Greensboro, NC

Total Revenue
$460,768
Total Expenses
$369,943
Total Assets
$986,787
Net Assets
$846,252
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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
1981
Legal Domicile
TX
Principal Officer
Kevin Cherry
Phone
3368544182
Tax Period
2024-01-01 to 2024-12-31

The Colt Collectors Association Inc, founded in 1981, is a small nonprofit that reported $461K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 20% operating margin.

Mission

Promotion of collecting Colt firearms, exchanging knowledge among Colt collectors, and offering an annual show and meeting for members and guests

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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 $125
Program Service Revenue $128,813
Investment Income $70,578
Other Revenue $261,252
TOTAL REVENUE $460,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $324,796
Other Expenses $369,943
TOTAL EXPENSES $369,943

Year-over-Year Comparison

2024 2023 Change
Revenue $460,768 $326,268 +0.4%
Expenses $369,943 $280,151 +0.3%
Net Income $90,825 $46,117 +1.0%
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
18
Independent Members
18
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
7
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Craig Blancett President 001.00
Officer Director
$0 $0 $0
Joel McCuaig Vice President 001.00
Officer Director
$0 $0 $0
Linda Lockwood Secretary 001.00
Officer Director
$0 $0 $0
Kevin Cherry Treasurer 001.00
Officer Director
$0 $0 $0
Phyllis Panning Show Chair 001.00
Officer Director
$0 $0 $0
Earl Whitney Showroom Manager 001.00
Officer Director
$0 $0 $0
Scott Woller Past President 001.00
Officer Director
$0 $0 $0
David Cheverier Director at Large 001.00
Director
$0 $0 $0
Ken Condry Director at Large 001.00
Director
$0 $0 $0
Beverly Haynes Director at Large 001.00
Director
$0 $0 $0
Tom Hussey Director at Large, Publications Chair 001.00
Director
$0 $0 $0
Andy Lawhorn Director at Large 001.00
Director
$0 $0 $0
Sam Lisker Director at Large 001.00
Director
$0 $0 $0
Eric Olson Director at Large 001.00
Director
$0 $0 $0
Jim Olson Director at Large 001.00
Director
$0 $0 $0
Gene Robinson Director at Large 001.00
Director
$0 $0 $0
Ralph Wiechert Director at Large 001.00
Director
$0 $0 $0
Charles Layson Director at Large, CCA Historian 001.00
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 No data No data No data No data
2024 $460,768 $369,943 $986,787 $90,825
2023 $326,268 $280,151 $895,832 $46,117
2022 $229,645 $297,409 $851,773 $-67,764
2021 $172,824 $275,021 $905,505 $-102,197
2020 $101,955 $183,548 $921,909 $-81,593
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