North Carolina Locksmiths Association Inc
Nonprofit profile at a glance
- EIN
- 561441591
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990-EZ 2025
- Location
- Conover, NC, USA
- Phone
- 8283226096
- Rating confidence
- Limited
Reported finances
- Revenue
- $46,761
- Expenses
- $56,163
- Assets
- $42,026
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Waldo Smith III (President)
- Brandon Whignam (1st Vice President)
- Roy Young (2nd Vice President)
People named in this filing
- Waldo Smith III (President)
- Brandon Whignam (1st Vice President)
- Roy Young (2nd Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide technical and general information throough continuing education programs, promote and futher interest of the locksmith craft in North Carolina and surronding vicinity, unite effors and offer maximum security service to the public, provide moral, social and public support to fellow locksmiths.
What it reported doing in 2025
To provide technical genral information through continuing education programs, promote further interest of the locksmith craft in NC surrounding vicinity, unite efforts offer maximum security service to the public
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -20.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.75; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -8.7% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: -6.2% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.