NORTH CAROLINIANS FOR AFFORDABLE HEALTHCARE INC

EIN: 275457632

RALEIGH, NC

Total Revenue
$20,337
Total Expenses
$34,995
Total Assets
$809,762
Net Assets
$809,762
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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
2011
Legal Domicile
NC
Principal Officer
ROBERT W SELIGSON
Phone
9198333836
Tax Period
2019-01-01 to 2019-12-31

NORTH CAROLINIANS FOR AFFORDABLE HEALTHCARE INC, founded in 2011, is a micro nonprofit that reported $20K in total revenue in fiscal year 2019. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $35K exceeded revenue, resulting in a 72% operating deficit.

Mission

TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE AND BENEFITS OF LIABILITY REFORMS PASSED BY THE NORTH CAROLINA GENERAL ASSEMBLY IN 2011.

Program Service Accomplishments

Program 1
Expenses: $25,000

TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE AND BENEFITS OF LIABILITY REFORMS PASSED BY THE NORTH CAROLINA GENERAL ASSEMBLY IN 2011.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $20,337
Other Revenue $0
TOTAL REVENUE $20,337

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,000
Other Expenses $9,995
TOTAL EXPENSES $34,995

Year-over-Year Comparison

2019 2018 Change
Revenue $20,337 $78,394 -0.7%
Expenses $34,995 $169,447 -0.8%
Net Income $-14,658 $-91,053 -0.8%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
2
$426,794
Total Directors
13
$426,794
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT W MONTEIRO MD PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBERT W SELIGSON SECRETARY/TREASURER 1.00
Officer Director
$380,648 $46,146 $426,794
WILLIAM G FERRELL MD DIRECTOR 1.00
Director
$0 $0 $0
JAMES E HILL PA-C DIRECTOR 1.00
Director
$0 $0 $0
DAVID KIDDER DIRECTOR 1.00
Director
$0 $0 $0
JOHN R MANGUM MD DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM G WAY MD DIRECTOR 1.00
Director
$0 $0 $0
MARGARET KELLY BURKHEAD MD DIRECTOR 1.00
Director
$0 $0 $0
LYNDON JORDAN MD DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH P JORDAN PHD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL P MOULTON MD DIRECTOR 1.00
Director
$0 $0 $0
CRAIG PRICE MD DIRECTOR 1.00
Director
$0 $0 $0
JOHN L REYNOLDS MD 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
2019 $20,337 $34,995 $809,762 $-14,658
2018 $78,394 $169,447 $726,403 $-91,053
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