Abilities Unlimited of the Carolinas Inc (EIN 202961087) - 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

2005

Legal Domicile

Principal Officer

Robert M Burns

Phone

7043776525

Tax Period

2024-07-01 to 2025-06-30

Abilities Unlimited of the Carolinas Inc, founded in 2005, is a small nonprofit in the Human Services sector that reported $236K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

To provide opportunities for individuals with physical disabilities to participate in sports activities to promote a healthier lifestyle

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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 $135,406

Program Service Revenue $59,510

Investment Income $2,640

Other Revenue $38,701

TOTAL REVENUE $236,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $251,991

Other Expenses $251,991

TOTAL EXPENSES $251,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$236,257	$248,908	-0.1%
Expenses	$251,991	$195,607	+0.3%
Net Income	$-15,734	$53,301	-1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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
Robert M Burns	President	5.00	Officer Director	$0	$0	$0
Michael Godsey	Treasurer	10.00	Officer Director	$0	$0	$0
Mary Good	Board Member	5.00	Director	$0	$0	$0
Fran McDermott	Secretary	5.00	Officer Director	$0	$0	$0
David Kiley	Board Member	5.00	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	$236,257	$251,991	$320,678	$-15,734
2024	$248,908	$195,607	$329,368	$53,301

Abilities Unlimited of the Carolinas Inc