HIGH POINT PRESERVATION SOCIETY (EIN 815464795) - 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

1984

Legal Domicile

Principal Officer

CORALLE COWAN

Phone

6199778415

Tax Period

2023-01-01 to 2023-12-31

HIGH POINT PRESERVATION SOCIETY, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $375K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

PROMOTE AND ADVOCATE FOR THE PRESERVATION OF HISTORIC BUILDINGS, LANDSCAPES AND PROPERTIES THAT REPRESENT THE UNIQUE HISTORY OF HIGH POINT AND ITS ENVIRONS.

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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 $312,049

Program Service Revenue $0

Investment Income $62,949

Other Revenue $31

TOTAL REVENUE $375,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,905

Fundraising Expenses $0

Program Expenses $361,812

Other Expenses $352,789

TOTAL EXPENSES $365,694

Year-over-Year Comparison

	2023	2022	Change
Revenue	$375,029	$264,353	+0.4%
Expenses	$365,694	$70,083	+4.2%
Net Income	$9,335	$194,270	-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

Governance

Voting Members

Independent Members

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
PHYLLIS BRIDGES	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN CONRAD	BOARD MEMBER	1.00	Director	$0	$0	$0
CORALLE COWAN	TREASURER	5.00	Officer Director	$0	$0	$0
DOROTHY DARR	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
HOLLY DAVIS	SECRETARY	1.00	Officer Director	$0	$0	$0
GLORIA HALSTEAD	PRESIDENT	5.00	Officer Director	$0	$0	$0
BECKY MCFADDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JIM MORGAN	CHAIR	1.00	Officer Director	$0	$0	$0
LINDA WILLARD	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROL YOUNG	BOARD MEMBER	1.00	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
2023	$375,029	$365,694	$262,597	$9,335
2022	$264,353	$70,083	$253,262	$194,270

HIGH POINT PRESERVATION SOCIETY