NORTH CAROLINA AIDS ACTION NETWORK

EIN: 320323779 501(c)(3) Diseases & Disorders

Durham, NC

Total Revenue
$403,718
Total Expenses
$589,099
Total Assets
$496,986
Net Assets
$482,356
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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
NC
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.

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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 (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
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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
12
Independent Members
12
Employees
5
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
5
$115,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
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
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