BOYS & GIRLS CLUBS OF CENTRAL CAROLINA FOUNDATION INC (EIN 862492589) - 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

2021

Legal Domicile

Principal Officer

Barber Holmes

Phone

9197763525

Tax Period

2024-01-01 to 2024-12-31

BOYS & GIRLS CLUBS OF CENTRAL CAROLINA FOUNDATION INC, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $372K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $301K, a strong 81% operating margin.

Mission

The Foundation is organized to raise and preserve funds to be used to promote and extend the programming of the Boys & Girls Clubs of Central Carolina.

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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 $295,517

Program Service Revenue $0

Investment Income $76,910

Other Revenue $0

TOTAL REVENUE $372,427

Expense Breakdown

Grants Paid $68,946

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,946

Other Expenses $2,253

TOTAL EXPENSES $71,199

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,427	$629,410	-0.4%
Expenses	$71,199	$36,590	+0.9%
Net Income	$301,228	$592,820	-0.5%

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

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
Brian Davis	Chairperson	1	Officer Director	$0	$0	$0
Steve Wicker	Treasurer	1	Officer Director	$0	$0	$0
Barber Holmes	Secretary	1	Officer Director	$0	$0	$0
Lorraine Cress	Director	1	Director	$0	$0	$0
Kirk Bradley	Director	1	Director	$0	$0	$0
Kyle Shipp	Director	1	Director	$0	$0	$0
Joe Langley - resigned 2024	Director	1	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
2024	$372,427	$71,199	$1,810,346	$301,228
2023	$629,410	$36,590	$1,420,678	$592,820
2022	$19,714	$3,858	$731,226	$15,856
2021	$780,028	$662	$782,746	$779,366

BOYS & GIRLS CLUBS OF CENTRAL CAROLINA FOUNDATION INC