Wilmington, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FPTower Inc, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $256K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 13% surplus.
To restore, maintain, and repurpose the Frying Pan Tower to improve maritime safety, support ocean research and education, and protect marine life. The effort preserves a unique piece of American history while promoting conservation and public awareness.
The organization is dedicated to restoring, maintaining, and repurposing The Frying Pan Tower, located off the coast of North Carolina. This historic structure serves multiple purposes: enhancing...
The organization is dedicated to restoring, maintaining, and repurposing The Frying Pan Tower, located off the coast of North Carolina. This historic structure serves multiple purposes: enhancing maritime safety in the Atlantic Ocean, supporting environmental research and educational initiatives, and providing shelter to a thriving marine ecosystem. Through ongoing restoration efforts, the organization preserves a unique piece of American history while promoting ocean conservation and public awareness.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $256,355 | $208,950 | +0.2% |
| Expenses | $223,028 | $177,133 | +0.3% |
| Net Income | $33,327 | $31,817 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Richard Neal | Executive Director | 40.00 |
Officer
Director
|
$36,000 | $0 | $36,000 |
| David Kesler | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Mansfield | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| F Kenneth Nance III | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $256,355 | $223,028 | $110,420 | $33,327 |
| 2023 | $208,950 | $177,133 | $73,058 | $31,817 |
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