THE QC FAMILY TREE INC (EIN 204091165) - 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

JENNIFER JARRELL

Phone

7043922346

Tax Period

2024-01-01 to 2024-12-31

THE QC FAMILY TREE INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $286K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

PROVIDE CULTURAL PROGRAMS, COMMUNITY ORGANIZING AND AFFORDABLE HOUSING WORK IN A HISTORIC CHARLOTTE NEIGHBORHOOD. THE ORGANIZATION FOCUSES ON PRESSING SOCIAL ISSUES RELATED TO POVERTY, RACISM AND INJUSTICE.

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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 $249,939

Program Service Revenue $32,962

Investment Income $3,589

Other Revenue $0

TOTAL REVENUE $286,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,678

Fundraising Expenses $10,871

Program Expenses $246,273

Other Expenses $162,913

TOTAL EXPENSES $285,591

Year-over-Year Comparison

	2024	2023	Change
Revenue	$286,490	$242,977	+0.2%
Expenses	$285,591	$257,058	+0.1%
Net Income	$899	$-14,081	-1.1%

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

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
THOMAS GARVIN	CHAIRPERSON	2	Director	$0	$0	$0
TIMOTHY NICODEMUS	SECRETARY TREASURER	1	Director	$0	$0	$0
ROLANDA SUE	DIRECTOR	1	Director	$0	$0	$0
DEBORAH RUBENSTEIN	DIRECTOR	1	Director	$0	$0	$0
LATOYA POUSA	DIRECTOR	1	Director	$0	$0	$0
GREGORY JARRELL	EX-OFFICIO DIRECTOR	2	Director	$0	$0	$0
SHAMAYNE HAYNES	CO-EXECUTIVE DRECTOR	40	Key Emp	$0	$0	$0
JENNIFER JARRELL	EXECUTIVE DIRECTOR	40	Key Emp	$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	$286,490	$285,591	$544,836	$899
2023	$242,977	$257,058	$552,198	$-14,081
2022	$257,189	$256,251	$598,187	$938
2021	$241,397	$215,480	$598,508	$25,917
2020	$324,903	$288,681	$589,105	$36,222
2018	$230,358	$200,962	$469,942	$29,396

THE QC FAMILY TREE INC