NAMI - Charlotte PKA Alliance for the Mentally Ill (EIN 237114604) - 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

1971

Legal Domicile

Principal Officer

Kate Weaver

Phone

7046806677

Tax Period

2024-01-01 to 2024-12-31

NAMI - Charlotte PKA Alliance for the Mentally Ill, founded in 1971, is a small nonprofit that reported $395K in total revenue in fiscal year 2024. Revenue surged 412% from the prior year, signaling strong growth momentum. The organization ran a surplus of $274K, a strong 69% operating margin.

Mission

Guided by the experiences of those living with mental health conditions and rooted in equity, NAMI Charlotte provides advocacy, education, support and connections to resources so that all individuals and families affected by mental illness can build healthier lives

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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 $309,531

Program Service Revenue $0

Investment Income $265

Other Revenue $85,216

TOTAL REVENUE $395,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,915

Fundraising Expenses $10,757

Program Expenses $90,743

Other Expenses $86,767

TOTAL EXPENSES $120,682

Year-over-Year Comparison

	2024	2023	Change
Revenue	$395,012	$77,084	+4.1%
Expenses	$120,682	$53,935	+1.2%
Net Income	$274,330	$23,149	+10.9%

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

133

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

$33,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kate Weaver	Executive Dir.	40.00	Officer	$33,915	$0	$33,915
Revella H Nesbit	President	2.00	Officer Director	$0	$0	$0
Heather Manos	Director	2.00	Director	$0	$0	$0
Ronald Clark	Director	2.00	Director	$0	$0	$0
Kathleen Goldammer-Copeland	Director	2.00	Director	$0	$0	$0
Meghan Talbott	Secretary	2.00	Officer Director	$0	$0	$0
Jessica White	Director	2.00	Director	$0	$0	$0
Shane Gray	Treasurer	2.00	Officer Director	$0	$0	$0
Jerome Menendez	Director	2.00	Director	$0	$0	$0
Diana Merrifield	Director	2.00	Director	$0	$0	$0
Tom Brydon	Director	2.00	Director	$0	$0	$0
Glenda Gabriel	Director	2.00	Director	$0	$0	$0
Sara Cain-daCosta	President	2.00	Officer Director	$0	$0	$0
Ben Seeley	Treasurer	2.00	Officer Director	$0	$0	$0
Brian Miller	Vice President	2.00	Officer 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
2024	$395,012	$120,682	$419,783	$274,330

NAMI - Charlotte PKA Alliance for the Mentally Ill