HIGH POINT DISCOVERED INC (EIN 843686194) - 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

2019

Principal Officer

LARA C BARBOUR

Phone

3368893996

Tax Period

2023-01-01 to 2023-12-31

HIGH POINT DISCOVERED INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $299K in total revenue in fiscal year 2023. Expenses of $353K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE ORGANIZATION IS A MEDIA GROUP CREATED TO SHOWCASE THE CITY OF HIGH POINT NORTH CAROLINA ON A PERSONAL LEVEL. HIGH POINT DISCOVERED IS EMPOWERING PEOPLE BY TELLING STORIES AND ELEVATING THE VOICES OF OUR COMMUNITY. THE PURPOSE OF HIGH POINT DISCOVERED IS TO HIGHLIGHT, WITH UNAPOLOGETICALLY ROSE-COLORED LENS, THE VERY BEST OF HIGH POINT. THE ORGANIZATION GOAL IS TO CREATE A UNIQUE, POSITIVE CONVERSATION ABOUT HIGH POINT WITH BEAUTIFUL PHOTOGRAPY AND THOUGHTFUL STORY TELLING THAT HIGHLIGHTS UNIQUE STORIES AROUND TOWN, OPENING DOORS TO CREATE OPPORTUNITIES AND ENGAGEMENT FROM WITHIN AND OUTSIDE THE COMMUNITY. THE OUTREACH IS CONNECTING PEOPLE TO ONE ANOTHER AND SERVING AS AN ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY OF HIGH POINT. WITH HIGH POINT DISCOVERED'S UNIQUE AND UNAPOLOGETICALLY ROSE-COLORED PERSPECTIVE, IT CREATES A PLATFORM FOR THOSE WHO ARE BRIGHT LIGHTS IN INNOVATION, ART, EDUCATION, ENTREPRENEURSHIP, FAMILY, FOOD, ENTERTAINMENT, PHILANTHROPY, AND COMMUNITY TO COLLIDE AND S

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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 $298,519

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $298,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,721

Fundraising Expenses $0

Program Expenses $352,526

Other Expenses $156,805

TOTAL EXPENSES $352,526

Year-over-Year Comparison

	2023	2022	Change
Revenue	$298,519	$297,077	+0.0%
Expenses	$352,526	$215,886	+0.6%
Net Income	$-54,007	$81,191	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARA C BARBOUR	CHAIRMAN	N/A	Director	$0	$0	$0
JENNA BEANE	DIRECTOR	N/A	Director	$0	$0	$0
JULIE HILL	SECRETARY	N/A	Officer Director	$0	$0	$0
LAURA JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN KUPPELWEISER	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL QUBEIN	DIRECTOR	N/A	Director	$0	$0	$0
RICARDO SIORDIA	DIRECTOR	N/A	Director	$0	$0	$0
TIFFANY SOUTHERLAND	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTI F SPANGLE	VICE CHAIRMA	N/A	Director	$0	$0	$0
JESSICA WYNN	DIRECTOR	N/A	Director	$0	$0	$0
JACK HENDRIX	TREASURER	N/A	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	$298,519	$352,526	$181,607	$-54,007
2022	$297,077	$215,886	$235,347	$81,191
2021	$242,435	$151,863	$155,778	$90,572

HIGH POINT DISCOVERED INC