FIRST NORTH CAROLINA

🔒

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

2012

Legal Domicile

Principal Officer

MARIE E HOPPER

Phone

8663477801

Tax Period

2024-07-01 to 2025-06-30

FIRST NORTH CAROLINA, founded in 2012, is a small nonprofit in the Youth Development sector that reported $992K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE MISSION OF FIRST NORTH CAROLINA IS TO PROVIDE LIFE-CHANGING HIGH SCHOOL ROBOTICS PROGRAMS THAT GIVE YOUNG PEOPLE THE SKILLS, CONFIDENCE, AND RESILIENCE TO BUILD A BETTER WORLD. CONTINUED ON SCHEDULE OFIRST NORTH CAROLINA AIMS TO HELP STUDENTS THRIVE IN A HIGH-TECH WORLD WITH A PASSION FOR SKILLED TRADES, ENGINEERING, COMPUTER SCIENCE, AND CORPORATE PROBLEM-SOLVING. FIRST'S HANDS-ON APPROACH ENABLES STUDENTS TO EXPLORE THESE FIELDS AND DISCOVER WHERE THEIR INTERESTS AND APTITUDES FIT.

Program Service Accomplishments

Program 1

Expenses: $1,027,829 Revenue: $35,707

THE FIRST ROBOTICS COMPETITION (FRC) PROGRAM SERVED HIGH SCHOOL STUDENTS AND MENTORS ACROSS NORTH CAROLINA. DURING THE WINTER BUILD SEASON, TEAMS DESIGNED, PROTOTYPED, BUILT, TESTED, AND PROGRAMMED ROBOTS TO COMPETE IN THE FIRST "CRESCENDO" SEASON. TEAMS PARTICIPATED IN DISTRICT QUALIFYING EVENTS FOR AWARDS, INCLUDING THE IMPACT AWARD, DEAN'S LIST, WOODIE FLOWERS, AND MANY MORE. TEAMWORK, GRACIOUS PROFESSIONALISM, PERSEVERANCE, AND COMMUNICATION ARE THE KEY COMPONENTS THAT MAKE FIRST "MORE THAN ROBOTS."

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $942,061

Program Service Revenue $35,707

Investment Income $12,957

Other Revenue $814

TOTAL REVENUE $991,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,559

Fundraising Expenses $14,609

Program Expenses $1,027,829

Other Expenses $844,846

TOTAL EXPENSES $1,077,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$991,539	$1,052,047	-0.1%
Expenses	$1,077,405	$1,066,917	+0.0%
Net Income	$-85,866	$-14,870	+4.8%

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

608

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

$94,959

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BART COAN	BOARD CO-CHAIR	1.00	Officer Director	$0	$0	$0
DAVID CAMPBELL	BOARD CO-CHAIR	1.00	Officer Director	$0	$0	$0
MARK CURRI	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN WILSON	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
RAMESH AKKIANGADI	DIRECTOR	0.50	Director	$0	$0	$0
MARIETTA CAMERON	DIRECTOR	0.50	Director	$0	$0	$0
ARLANE GORDON-BRAY	DIRECTOR	0.50	Director	$0	$0	$0
RACHANA GUPTA	DIRECTOR	0.50	Director	$0	$0	$0
KARSON HALLOW	DIRECTOR	0.50	Director	$0	$0	$0
KRISTIN LLOYD	DIRECTOR	0.50	Director	$0	$0	$0
JON HEATON	DIRECTOR	0.50	Director	$0	$0	$0
CANDACE OFFIELD	DIRECTOR	0.50	Director	$0	$0	$0
ALEX SANTALUCIA	DIRECTOR	0.50	Director	$0	$0	$0
NEEL SATA	DIRECTOR	0.50	Director	$0	$0	$0
LAURA SCHOPPE	DIRECTOR	0.50	Director	$0	$0	$0
GIL SHOAF	DIRECTOR	0.50	Director	$0	$0	$0
BALAJI SRINIVASAN	DIRECTOR	0.50	Director	$0	$0	$0
BRIGHID WILLIS	DIRECTOR	0.50	Director	$0	$0	$0
MARIE E HOPPER	PRESIDENT	60.00	Officer	$92,208	$2,751	$94,959

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
2025	$991,539	$1,077,405	$513,208	$-85,866
2024	$1,052,047	$1,066,917	$514,939	$-14,870
2023	$1,216,118	$1,221,039	$552,068	$-4,921
2022	$874,131	$874,907	$484,637	$-776
2021	$389,555	$237,195	$480,413	$152,360
2020	$620,747	$536,364	$375,553	$84,383
2019	$600,854	$587,041	$252,091	$13,813
2018	$519,005	$539,551	$232,801	$-20,546