FRIENDS OF WILKESBORO INC (EIN 932698156) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Phone

3368383951

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF WILKESBORO INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $131K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $90K, a strong 69% operating margin.

Mission

TO ENGAGE IN COMMUNITY BASED PROJECTS AND EVENTS INTENDED TO GENERATE CONTRIBUTIONS AND FUNDS THAT WILL BE UTILIZED EXCLUSIVELY TO ENHANCE, PROMOTE, AND SUPPORT CONTINUING IMPROVEMENTS THAT WILL BENEFIT THE TOWN OF WILKESBORO AND ITS CITIZENS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,302

Program Service Revenue $114,323

Investment Income $2,317

Other Revenue $2,269

TOTAL REVENUE $131,211

Expense Breakdown

Grants Paid $19,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,255

Other Expenses $21,755

TOTAL EXPENSES $41,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,211	$426,976	-0.7%
Expenses	$41,255	$27,543	+0.5%
Net Income	$89,956	$399,433	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
SAM CALL	CHAIR	5.00	Officer Director	$0	$0	$0
JIM SMOAK	VICE CHAIR	5.00	Officer Director	$0	$0	$0
THOMAS SALLEY	SECRETARY	5.00	Officer Director	$0	$0	$0
HALEE RATCLIFF	TREASURER	5.00	Officer Director	$0	$0	$0
CLAUDE FAW	MEMBER	2.00	Director	$0	$0	$0
NELLIE ARCHIBALD	MEMBER	2.00	Director	$0	$0	$0
ALLISON PHILLIPS	MEMBER	2.00	Director	$0	$0	$0
KEN NOLAND	EX OFFICIO	2.00	Director	$0	$0	$0
MIKE INSCORE	EX OFFICIO	2.00	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
2025	$131,211	$41,255	$489,389	$89,956
2024	$426,976	$27,543	$399,433	$399,433

FRIENDS OF WILKESBORO INC