EASTERN NORTH CAROLINA FOOD COMMERCIALIZATION CENTER (EIN 834091332) - 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

2017

Legal Domicile

Principal Officer

JEFFREY SCRAMLIN

Phone

2525106121

Tax Period

2024-01-01 to 2024-12-31

EASTERN NORTH CAROLINA FOOD COMMERCIALIZATION CENTER, founded in 2017, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 250% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 80% operating margin.

Mission

PROVIDE ESSENTIAL FOOD PROCESSING SERVICES FOR FARMERS, FOOD MANUFACTURERS AND ENTREPRENEURS IN A SEVEN-COUNTY REGION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,426,424

Program Service Revenue $0

Investment Income $76,025

Other Revenue $0

TOTAL REVENUE $2,502,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,550

Fundraising Expenses $0

Program Expenses $262,183

Other Expenses $381,579

TOTAL EXPENSES $489,129

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,502,449	$715,686	+2.5%
Expenses	$489,129	$153,769	+2.2%
Net Income	$2,013,320	$561,917	+2.6%

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

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

$24,615

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MAYO	DIRECTOR	0.00	Director	$0	$0	$0
KEITH WHEELER	EXECUTIVE DIRECTOR	0.00	Director	$0	$0	$0
STACY THOMAS	DIRECTOR	0.00	Director	$0	$0	$0
STEVE TRIPP	PRESIDENT	0.00	Officer Director	$0	$0	$0
PATTI MILLS	FINANCE DIRECTOR	0.00	Director	$0	$0	$0
KEITH PURVIS	CONSULTANT	22.00	Highest	$113,000	$0	$113,000
JEFF SCRAMLIN	CEO	37.50	Officer	$24,615	$0	$24,615

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	$2,502,449	$489,129	$3,864,653	$2,013,320
2023	$715,686	$153,769	$4,376,721	$561,917
2022	$769,990	$204,930	$3,905,343	$565,060
2021	No data	$2,113	No data	No data

EASTERN NORTH CAROLINA FOOD COMMERCIALIZATION CENTER