Charlotte Community ToolBank Inc (EIN 271602981) - 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

2010

Legal Domicile

Principal Officer

Jordan Scarboro

Phone

7044695800

Tax Period

2023-01-01 to 2023-12-31

Charlotte Community ToolBank Inc, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $401K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 20% operating margin.

Mission

TO STEWARD AN INVENTORY OF TOOLS FOR LENDING TO CHARITABLE ORGANIZATIONS TO INCREASE THEIR IMPACT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $179,928

Program Service Revenue $220,305

Investment Income $0

Other Revenue $403

TOTAL REVENUE $400,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,095

Fundraising Expenses $11,411

Program Expenses $282,483

Other Expenses $106,715

TOTAL EXPENSES $320,810

Year-over-Year Comparison

	2023	2022	Change
Revenue	$400,636	$327,843	+0.2%
Expenses	$320,810	$362,000	-0.1%
Net Income	$79,826	$-34,157	-3.3%

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

Volunteers

410

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

$84,975

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maureen Krueger	Executive Dir.	45.00	Officer	$82,500	$2,475	$84,975
Carley Rossi	Vice President	2.00	Officer Director	$0	$0	$0
Darby Bryant	President	2.00	Officer Director	$0	$0	$0
Allie Alu	Secretary	2.00	Officer Director	$0	$0	$0
Brad Porter	Treasurer	2.00	Officer Director	$0	$0	$0
Tom Booms	Director	1.00	Director	$0	$0	$0
Sara Downing	Director	1.00	Director	$0	$0	$0
Chris Bartley	Director	1.00	Director	$0	$0	$0
Jimmy DeRosa	Director	1.00	Director	$0	$0	$0
Kevin Rodriguez	Director	1.00	Director	$0	$0	$0
Will Munkres	Director	1.00	Director	$0	$0	$0
Emily Poe	Director	1.00	Director	$0	$0	$0
Meganne Price	Director	1.00	Director	$0	$0	$0
John Reinke	Director	1.00	Director	$0	$0	$0
Jordan Scarboro	Director	1.00	Director	$0	$0	$0
Mike Tropsha	Director	1.00	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
2024	No data	No data	No data	No data
2023	$400,636	$320,810	$538,329	$79,826
2022	$327,843	$362,000	$460,597	$-34,157
2021	$385,141	$249,703	$490,948	$135,438
2020	$156,669	$227,730	$355,509	$-71,061
2019	$270,025	$193,623	$426,571	$76,402
2018	$205,017	$163,374	$350,171	$41,643

Charlotte Community ToolBank Inc