FRIENDS OF ACCION INC

EIN: 200160290 501(c)(3) International Affairs

Charlotte, NC

Total Revenue
$186,349
Total Expenses
$184,983
Total Assets
$581,510
Net Assets
$581,510
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
Richard Neidinger
Phone
7048928499
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF ACCION INC, founded in 2003, is a small nonprofit in the International Affairs sector that reported $186K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Net assets of $582K represent 37 months of operating reserves.

Mission

To render meaningful support to the charitable activities of Accion in the Yucatan Peninsula of Mexico with a view of advancing the well being of the people served and the Christian faith.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $171,376
Program Service Revenue $0
Investment Income $14,973
Other Revenue $0
TOTAL REVENUE $186,349

Expense Breakdown

Grants Paid $180,703
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $180,703
Other Expenses $4,280
TOTAL EXPENSES $184,983

Year-over-Year Comparison

2024 2023 Change
Revenue $186,349 $233,038 -0.2%
Expenses $184,983 $192,659 0.0%
Net Income $1,366 $40,379 -1.0%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
30

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louise Rogers President - Director 2.0
Officer Director
$0 $0 $0
Richard Neidinger Treasurer - Director 4.0
Officer Director
$0 $0 $0
Christine Canaga Secretary-Director 2.0
Officer Director
$0 $0 $0
Amy Cathey Assistant Treasurer - Director 2.00
Officer Director
$0 $0 $0
Beth Webster Director 1.0
Director
$0 $0 $0
Kenneth Skodiak Director 1.0
Director
$0 $0 $0
Amy Hockett Director 1.0
Director
$0 $0 $0
David Wright Director 1.0
Director
$0 $0 $0
Hunter Willard Arton Director 1.0
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 $186,349 $184,983 $581,510 $1,366
2023 $233,038 $192,659 $550,259 $40,379
2022 $178,785 $167,685 $474,167 $11,100
2021 $444,839 $145,937 $488,501 $298,902
2020 $244,087 $128,655 $189,599 $115,432
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRIENDS OF ACCION INC with other nonprofits in North Carolina and across the country.