North Mecklenburg Animal Rescue Inc (EIN 202212629) - 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

2007

Legal Domicile

Principal Officer

Beth Phillips

Phone

7048074576

Tax Period

2024-01-01 to 2024-12-31

North Mecklenburg Animal Rescue Inc, founded in 2007, is a community nonprofit in the Animal-Related sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 299% from the prior year, signaling strong growth momentum. The organization ran a surplus of $785K, a strong 78% operating margin.

Mission

Rehabilitation and Adoption of Animals

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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 $127,509

Program Service Revenue $27,234

Investment Income $838,133

Other Revenue $8,322

TOTAL REVENUE $1,001,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,166

Fundraising Expenses $0

Program Expenses $216,383

Other Expenses $123,217

TOTAL EXPENSES $216,383

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,001,198	$251,047	+3.0%
Expenses	$216,383	$307,155	-0.3%
Net Income	$784,815	$-56,108	-15.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danielle Antonowicz	Member At Large	0.00	Director	$0	$0	$0
Laura Duffy	Member At Large	0.00	Director	$0	$0	$0
Beth Phillips	Founder & President	5.00	Officer	$0	$0	$0
Regina Mitchell	Secretary	0.00	Officer	$0	$0	$0
Johlyn Dale	Treasurer	0.00	Officer	$0	$0	$0
Tracy Pratt-Dixon	Vice President	0.00	Officer	$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	$1,001,198	$216,383	$1,435,391	$784,815
2023	$251,047	$307,155	$652,139	$-56,108
2022	$348,881	$283,075	$708,245	$65,806
2021	$921,971	$372,073	$642,610	$549,898
2020	$220,919	$224,355	$647,070	$-3,436

North Mecklenburg Animal Rescue Inc