Sandy Ridge Methodist Church

EIN: 933428575 501(c)(3)

HIGH POINT, NC

Total Revenue
$196,056
Total Expenses
$169,275
Total Assets
$595,201
Net Assets
$595,201
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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
2023
Legal Domicile
NC
Principal Officer
Vernon Farrington
Phone
3366650774
Tax Period
2025-01-01 to 2025-12-31

Sandy Ridge Methodist Church, founded in 2023, is a small nonprofit that reported $196K in total revenue in fiscal year 2025. Expenses of $169K left a modest 14% surplus.

Mission

Affiliate member of Global Methodist Church and serving accordingly

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $176,771
Program Service Revenue $0
Investment Income $19,285
Other Revenue $0
TOTAL REVENUE $196,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,958
Fundraising Expenses $0
Program Expenses $45,175
Other Expenses $139,317
TOTAL EXPENSES $169,275

Year-over-Year Comparison

2025 2024 Change
Revenue $196,056 N/A N/A
Expenses $169,275 N/A N/A
Net Income $26,781 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
2
$0
Key Employees
1
$29,958
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Virginia Whigham Trustee 20.00
Director
$0 $0 $0
Joe Sipe Trustee 25.00
Director
$0 $0 $0
Vernon Farrington Pastor 50.00
Key Emp
$29,958 $0 $29,958
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 $196,056 $169,275 $595,201 $26,781
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