THE CAROL WOODS CHARITABLE FUND INC (EIN 204262143) - 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

2006

Legal Domicile

Principal Officer

MARIANNE RATCLIFFE

Phone

9199684511

Tax Period

2024-01-01 to 2024-12-31

THE CAROL WOODS CHARITABLE FUND INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $390K in total revenue in fiscal year 2024. The organization ran a surplus of $127K, a strong 33% operating margin.

Mission

PROVIDE SUPPORT TO THE CHAPEL HILL RESIDENTIAL RETIREMENT CENTER, INC.

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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 $389,905

Program Service Revenue $0

Investment Income $28

Other Revenue $0

TOTAL REVENUE $389,933

Expense Breakdown

Grants Paid $255,272

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $255,272

Other Expenses $7,163

TOTAL EXPENSES $262,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$389,933	$396,721	0.0%
Expenses	$262,435	$143,095	+0.8%
Net Income	$127,498	$253,626	-0.5%

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

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

$640,132

Total Directors

$640,132

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARLENE RIFKIN	VICE PRESIDENT OF THE BOARD	1.00	Officer Director	$0	$0	$0
KENNETH REEB JR	TREASURER - RETIRED	1.00	Officer Director	$0	$36,428	$275,070
CURT MCLAUGHLIN	RESIDENT/PRESIDENT OF THE BOARD	1.00	Officer Director	$0	$0	$0
MARIANNE RATCLIFFE	PRESIDENT AND CEO	1.00	Officer Director	$0	$60,413	$365,062
MARAGETE SANDELOWSKI	RESIDENT/VOTING BOARD MEMBER	1.00	Director	$0	$0	$0
SUE COPPOLA	BOARD MEMBER/SECRETARY	0.00	Officer Director	$0	$0	$0
KENDALL PAGE	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY BIESECKER	CFO	1.00	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	$389,933	$262,435	$2,653,619	$127,498
2023	$396,721	$143,095	$2,528,821	$253,626
2022	$247,300	$273,833	$2,273,420	$-26,533
2021	$326,493	$56,976	$2,405,828	$269,517
2020	$233,617	$90,691	$2,129,511	$142,926
2019	$366,608	$221,879	$2,085,383	$144,729
2018	$449,220	$243,982	$1,841,856	$205,238

THE CAROL WOODS CHARITABLE FUND INC