Goldsboro West Side Community Hist… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

Pasha Baker

Tax Period

2023-01-01 to 2023-12-31

Goldsboro West Side Community Hist Assn Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $210K in total revenue in fiscal year 2023. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 51% operating margin.

Mission

Mission: To enrich the quality of life through the History and Culture of GoldsboroThe Goals of the Goldsboro West Side Community Historical Association, Inc. are:Cultivate Cultural Tourism,Elevate Economic Arts Development,Provide Solutions to Modern Day Problems thru Humani

Program Service Accomplishments

Program 1

Expenses: $75,245 Revenue: $209,864

The Goldsboro Museum gave birth the Goldsboro Cultural Arts District, which consists of The Goldsboro Museum, The Francis Oliver Cultural Arts and Goldsboro Welcome Center, The Crooms Academy Museum, The Goldsboro Heritage & Art Garden, The Goldsboro Arts Square, and Page Jackson Cemetery.As a second generation member of Goldsboro, Mrs. Oliver, has passed the torch of history and heritage to the third generation, her niece, Pasha Baker, who manages the daily operations and funding for the Goldsboro West Side Community Historical Association, Inc.The dream that Mr. Clark envisioned for Goldsboro is still alive and the community is on its way back to gaining the Dignity, Distinction, Character, Culture and Respectability that it rightfully deserves.

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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 (2023)

Revenue Breakdown

Contributions & Grants $209,864

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $209,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,816

Fundraising Expenses $0

Program Expenses $75,245

Other Expenses $43,719

TOTAL EXPENSES $103,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,864	$92,699	+1.3%
Expenses	$103,535	$82,537	+0.3%
Net Income	$106,329	$10,162	+9.5%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pasha Baker	President	40.00	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	No data	No data	No data	No data
2023	$209,864	$103,535	$138,445	$106,329
2018	$55,664	$50,396	$13,794	$5,268

Goldsboro West Side Community Hist Assn Inc