GREENVILLE MINISTRY SUPPORT INC

EIN: 934484432 501(c)(3) Human Services

GREENVILLE, NC

Total Revenue
$683,555
Total Expenses
$722,835
Total Assets
$271,334
Net Assets
$-51,114
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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
NORREEN FURNESS
Phone
9199315936
Tax Period
2024-01-01 to 2024-12-31

GREENVILLE MINISTRY SUPPORT INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $684K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION OPERATES A THRIFT STORE THAT RECEIVES DONATED CLOTHES AND HOUSEHOLD GOODS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $683,555
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $683,555

Expense Breakdown

Grants Paid $8,459
Salaries & Benefits $455,413
Fundraising Expenses $35,727
Program Expenses $641,228
Other Expenses $258,963
TOTAL EXPENSES $722,835

Year-over-Year Comparison

2024 2023 Change
Revenue $683,555 N/A N/A
Expenses $722,835 $11,834 +60.1%
Net Income $-39,280 $-11,834 +2.3%
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
4
Independent Members
4
Employees
29
Volunteers
10

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY COX TREASURER/DI 1.00
Officer Director
$0 $0 $0
SHARON JUSTICE SECRETARY/DI 1.00
Officer Director
$0 $0 $0
WATSI SUTTON VICE CHAIR/D 1.00
Officer Director
$0 $0 $0
NORREEN FURNESS CHAIR/DIRECT 1.00
Officer 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 No data No data No data No data
2024 $683,555 $722,835 $271,334 $-39,280
2023 No data $11,834 $163,166 No data
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