Sustain Charlotte Inc (EIN 010975452) - 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

2010

Legal Domicile

Principal Officer

Shannon Binns

Phone

7043382610

Tax Period

2024-01-01 to 2024-12-31

Sustain Charlotte Inc, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $696K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $812K exceeded revenue, resulting in a 17% operating deficit.

Mission

Sustain Charlotte's mission is to create a more equitable, connected, and healthy community by inspiring responsible growth and transportation choices.

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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 $668,390

Program Service Revenue $0

Investment Income $14,320

Other Revenue $12,836

TOTAL REVENUE $695,546

Expense Breakdown

Grants Paid $0

Salaries & Benefits $583,581

Fundraising Expenses $168,269

Program Expenses $521,575

Other Expenses $228,757

TOTAL EXPENSES $812,338

Year-over-Year Comparison

	2024	2023	Change
Revenue	$695,546	$762,073	-0.1%
Expenses	$812,338	$826,545	0.0%
Net Income	$-116,792	$-64,472	+0.8%

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

Volunteers

235

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

$135,604

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon Binns	Executive Dir.	40.00	Officer	$131,315	$4,289	$135,604
Betsy Bodien	Chair	1.00	Officer Director	$0	$0	$0
Ray Addison II	Director	0.50	Director	$0	$0	$0
Philip Otienoburu	VC, Governance	1.00	Officer Director	$0	$0	$0
Vaama Joshi	Director	0.50	Director	$0	$0	$0
Bill Staton	Director	0.50	Director	$0	$0	$0
Joni Adams	Director	0.50	Director	$0	$0	$0
Keith Alyea	VC, Ext Affairs	0.50	Officer Director	$0	$0	$0
Tyler Richardson	Director	0.50	Director	$0	$0	$0
Hannah O'Connor	Director	0.50	Director	$0	$0	$0
Nicholas Sanford-Vu	Director	0.50	Director	$0	$0	$0
Joel Olsen	Director	0.50	Director	$0	$0	$0
Niketa Mittal	Director	0.50	Director	$0	$0	$0
Michael Gander	Director	0.50	Director	$0	$0	$0
James Cass	Secretary	1.00	Officer Director	$0	$0	$0
Jolaine Elien	VC, Int Affairs	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
2024	$695,546	$812,338	$918,429	$-116,792
2023	$762,073	$826,545	$1,039,535	$-64,472
2022	$883,102	$761,227	$974,951	$121,875
2021	$864,122	$590,055	$867,287	$274,067
2020	$638,795	$592,004	$553,169	$46,791
2019	$584,771	$551,453	$499,141	$33,318
2018	$604,118	$508,333	$454,079	$95,785

Sustain Charlotte Inc