HIGH POINT CONVENTION & VISITORS BUREAU FOUNDATION (EIN 813989556) - 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

2016

Legal Domicile

Principal Officer

MELODY BURNETT

Phone

3368845255

Tax Period

2022-07-01 to 2023-06-30

HIGH POINT CONVENTION & VISITORS BUREAU FOUNDATION, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $83K in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 87% operating margin.

Mission

1. TO ENHANCE EDUCATIONAL, ARTISTIC, SCIENTIFIC, AND HISTORICAL ACTIVITIES AS IT RELATES TO TOURISM IN HIGH POINT, NORTH CAROLINA, INCLUDING BUT NOT LIMITED TO FURNITURE, TEXTILES AND DESIGN.2. TO EXPLORE GROWTH OPPORTUNITIES IN HIGH POINT, NORTH CAROLINA THAT WILL ENHANCE THE TOURISM CLIMATE OF THE REGION AND STATE.3. TO FUND EDUCATIONAL, ARTISTIC, SCIENTIFIC, AND HISTORICAL VENTURES THAT SHOWCASE HIGH POINT, NORTH CAROLINA AS A PREMIER DESTINATION TO VISIT, STAY AND LIVE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $82,566

Program Service Revenue $0

Investment Income $763

Other Revenue $0

TOTAL REVENUE $83,329

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,049

Other Expenses $9,549

TOTAL EXPENSES $11,049

Year-over-Year Comparison

	2022	2021	Change
Revenue	$83,329	$64,134	+0.3%
Expenses	$11,049	$10,876	+0.0%
Net Income	$72,280	$53,258	+0.4%

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

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
JULIE DELGAUDIO	Chairman	1.00	Director	$0	$0	$0
JENNI LYNCH	Director	1.00	Director	$0	$0	$0
CLIFF MANN	Director	1.00	Director	$0	$0	$0
GEORGE CLOPTON	Director	1.00	Director	$0	$0	$0
KAREN ODOM	Director	1.00	Director	$0	$0	$0
MELODY BURNETT	MANAGING DIRECT	1.00	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
2023	$83,329	$11,049	$501,920	$72,280
2021	$46,117	$191,273	$376,382	$-145,156
2020	$548,946	$76,717	$521,537	$472,229

HIGH POINT CONVENTION & VISITORS BUREAU FOUNDATION