Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ronald McDonald House Charities of Greater Charlotte Inc, founded in 2006, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $464K, a strong 17% operating margin.
RONALD MCDONALD HOUSE OF GREATER CHARLOTTE EXTENDS A GRACIOUS WELCOME AND A MUCH-NEEDED RESPITE TO FAMILIES TRAVELING TO CHARLOTTE, NC FOR SHORT-TERM AND EXTENDED HOSPITAL STAYS. RONALD MCDONALD HOUSE OF GREATER CHARLOTTE IS A HAVEN FOR HOSPITALIZED CHILDREN - PROVIDING COMFORTS OF HOME AND THE SUPPORT OF OTHER FAMILIES FACING SIMILAR SITUATIONS. IT STRIVES TO KEEP FAMILIES CLOSE TO THEIR SERIOUSLY ILL CHILDREN,PROVIDING THE WARMTH AND COMFORT OF HOME, ALONG WITH EMOTIONAL SUPPORTAND EDUCATION TO PROMOTE THE WELL-BEING OF THE ENTIRE FAMILY. THEFACILITY PRIMARILY SERVES CHILDREN BEING TREATED AT CAROLINAS MEDICAL CENTER AND AT NOVANT HEALTH. THE FACILITY HAS 28 PRIVATE SUITES AND BEDROOMS, ALONG WITH A COMMUNITY FAMILY KITCHEN, GREAT ROOM, LIBRARY, PLAYGROUND AND SITTING PORCHES
The presence of family is an essential part of the healing process for children battling illness or recovering from injury. When families are required to travel away from home to seek the best...
The presence of family is an essential part of the healing process for children battling illness or recovering from injury. When families are required to travel away from home to seek the best treatment possible for their child, they often face challenges with finding affordable accommodations. Many have to make the difficult choice between sleeping in waiting rooms or cars, paying costly hotel fees or commuting hours back and forth to the hospital daily. The physical, emotional and financial toll of these limited options add to the pressures families experience when having a sick child and make it challenging for them to receive the rest and support necessary to be strong and supportive for their child. Ronald McDonald House of greater Charlotte offers an alternative solution that allows families to stay in the city and avoid the emotional and financial stress of being away from home.The mission of Ronald McDonald House of Greater Charlotte is to provide a safe, affordable and caring "home-away-from-home" for the families of children receiving treatment in Charlotte-area medical facilities. The House is conveniently located just minutes from both Hemby and Levine Children's Hospitals which increases a family's ability to spend more time with their child, interact with their clinical care team and participate in critical medical decisions.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,754,845 | $2,009,795 | +0.4% |
| Expenses | $2,290,932 | $1,984,770 | +0.2% |
| Net Income | $463,913 | $25,025 | +17.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Denise Cubbedge | CEO | 40.00 |
Officer
|
$135,932 | $15,238 | $151,170 |
| Ann Fox Baum | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tonya Bruce | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Anthony Cayce | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alisa Dent | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kathy McDonough | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Daly | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marnie Schneider | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Leticia Foster | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kate Goldberger | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tate Ogburn | Past Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Marcy Dumas | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Finby | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Butow | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Smith | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Catherine Ohmstede | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Christopher Sellitti | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Karen O'Gorman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marty Ranft | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Diana Sutton | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Caroline Mitchell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Saeed Moghadam | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Troy Stafford | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Corinne Weber | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,754,845 | $2,290,932 | $13,613,695 | $463,913 |
| 2022 | $2,009,795 | $1,984,770 | $13,014,382 | $25,025 |
| 2021 | $2,572,278 | $1,995,168 | $13,355,862 | $577,110 |
| 2020 | $1,693,218 | $1,846,358 | $12,521,197 | $-153,140 |
| 2019 | $1,563,985 | $1,789,896 | $12,563,833 | $-225,911 |
| 2018 | $1,584,275 | $1,566,784 | $12,619,192 | $17,491 |
Compare Ronald McDonald House Charities of Greater Charlotte Inc with other nonprofits in North Carolina and across the country.