SALISBURY, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PACE OF THE SOUTHERN PIEDMONT INC, founded in 2010, is a mid-sized nonprofit in the Human Services sector that reported $27.7M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $26.1M left a modest 6% surplus.
TO PROMOTE AND SUSTAIN THE INDEPENDENCE OF SENIORS WISHING TO REMAIN IN THE COMMUNITY.
THE PURPOSE OF THE ORGANIZATION SHALL BE TO ENHANCE THE QUALITY OF LIFE AND BENEFIT THE ELDERLY CITIZENS OF MECKLENBURG COUNTY, NORTH CAROLINA, AND THE SURROUNDING COMMUNITIES. MORE SPECIFICALLY, THE...
THE PURPOSE OF THE ORGANIZATION SHALL BE TO ENHANCE THE QUALITY OF LIFE AND BENEFIT THE ELDERLY CITIZENS OF MECKLENBURG COUNTY, NORTH CAROLINA, AND THE SURROUNDING COMMUNITIES. MORE SPECIFICALLY, THE MAJOR PURPOSES ARE TO PROMOTE THE HEALTH AND WELFARE OF THE ELDERLY CITIZENS THROUGH THE COORDINATION, CONSOLIDATION AND FOCUS OF HEALTHCARE RESOURCES AVAILABLE TO THEM. THE CORPORATION SHALL SUPPORT THE PROVISION OF SUCH HEALTH AND WELFARE SERVICES WITHOUT REGARD TO RACE, CREED, COLOR, SEX OR NATIONAL ORIGIN AND FOR THE BENEFIT OF ALL RESIDENTS OF MECKLENBURG COUNTY AND THE SURROUNDING AREAS.
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 | $27,700,907 | $16,203,941 | +0.7% |
| Expenses | $26,139,575 | $14,882,206 | +0.8% |
| Net Income | $1,561,332 | $1,321,735 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| CATHERINE KENZIG | PROGRAM DIRE | 20.00 |
Officer
|
$0 | $21,645 | $312,418 |
| TERESA SATTERWHITE | CLINIC SUPER | 40.00 |
Highest
|
$142,337 | $11,147 | $153,484 |
| CHINWE IHEME | EMPLOYEE | 40.00 |
Highest
|
$120,716 | $9,108 | $129,824 |
| HEIDI GOSS | OPERATIONS D | 40.00 |
Highest
|
$109,833 | $8,679 | $118,512 |
| JAMES LAWRENCE MOORE | EMPLOYEE | 40.00 |
Highest
|
$109,688 | $4,620 | $114,308 |
| MELISSA SEYMOUR | EMPLOYEE | 40.00 |
Highest
|
$100,322 | $4,009 | $104,331 |
| VERONICA J FEDUNIEC | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TED W GOINS JR | VICE-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIRBY NICKERSON | TREASURER/CF | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT E SPENCER | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $27,700,907 | $26,139,575 | $9,667,206 | $1,561,332 |
| 2023 | $16,203,941 | $14,882,206 | $12,249,656 | $1,321,735 |
| 2022 | $17,694,111 | $15,319,703 | $8,340,135 | $2,374,408 |
| 2021 | $16,422,875 | $16,045,139 | $6,382,374 | $377,736 |
| 2020 | $20,044,634 | $12,678,742 | $5,851,389 | $7,365,892 |
| 2019 | $12,704,020 | $12,045,438 | $4,219,752 | $658,582 |
| 2018 | $11,345,374 | $11,154,264 | $3,335,806 | $191,110 |
Compare PACE OF THE SOUTHERN PIEDMONT INC with other nonprofits in North Carolina and across the country.