NORTH CAROLINA AIDS ACTION NETWORK

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Veleria Levy

Tax Period

2023-01-01 to 2023-12-31

NORTH CAROLINA AIDS ACTION NETWORK, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $404K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $589K exceeded revenue, resulting in a 46% operating deficit.

Mission

The NCAAN improves the lives of people living with HIV/AIDS and affected communities through outreach and public education, policy advocacy and community-building to increase visibility and mutual support of people living with HIV/AIDS throughout our state.

Program Service Accomplishments

Program 1

Expenses: $524,966

Our programs build capacity of the commmunities most affected by HIV and hepatitis to be effective and involved advocates for change. Through community education and outreach events targeting people living with HIV and those at disproportionate risk for HIV, weve built a statewide network with over 13,500 active Action Team members who have advocated for resonsible HIV policies and educated the public over the last 10 years. All of our work prioritizes engagement with the communities most impated by HIV, including gay & bi men, communities of color, especially gay/bi/same gender loving black/African-American men, and the trans community.The NCAAN has led successful advocy efforts to remove income restrictions for the premium assistance program of the NC HIV Medication Assistance Program (HMAP), a legislative campaign to segure designated state funding for Hepatitis testing and linkage to the cure, and various other accomplishments.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $403,714

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $403,718

Expense Breakdown

Grants Paid $39,475

Salaries & Benefits $335,083

Fundraising Expenses $19,459

Program Expenses $524,966

Other Expenses $214,541

TOTAL EXPENSES $589,099

Year-over-Year Comparison

	2023	2022	Change
Revenue	$403,718	$541,624	-0.3%
Expenses	$589,099	$634,192	-0.1%
Net Income	$-185,381	$-92,568	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

2500

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

$115,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Veleria Levy	Executive Director	40.00	Officer	$115,000	$0	$115,000
Grace Wilkins	Board Member	1.00	Director	$0	$0	$0
Mike Weir	Board Member	1.00	Director	$0	$0	$0
Chelsea Gulden	Board Member	1.00	Director	$0	$0	$0
Jack Pitsor	Board Member	1.00	Director	$0	$0	$0
Alex Delaney	Board Member	1.00	Director	$0	$0	$0
Madison Allen	Board Member	1.00	Director	$0	$0	$0
Hector Salgado	Board Member	5.00	Director	$0	$0	$0
Hannah Demeritt	Secretary	1.00	Officer Director	$0	$0	$0
Jeffery Edwards-Knight	Treasurer	1.00	Officer Director	$0	$0	$0
Chester Williams	Vice Chair	1.00	Officer Director	$0	$0	$0
Ciara Zachary	Chair	1.00	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	No data	No data	No data	No data
2023	$403,718	$589,099	$496,986	$-185,381
2022	$541,624	$634,192	$667,737	$-92,568
2021	$820,824	$583,480	$764,805	$237,344
2020	$611,688	$446,274	$502,625	$165,414
2019	$638,465	$460,886	$321,023	$177,579
2018	$281,079	$299,946	$138,318	$-18,867