CharlotteEAST (EIN 472951440) - Form 990 Financial Analysis & Trantor Score

🔒

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

Tax Period

2024-01-01 to 2024-12-31

CharlotteEAST, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $109K in total revenue in fiscal year 2024. Revenue surged 1886% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 16% operating margin.

Mission

To develop and strengthen social and economic capital in East Charlotte by elevating the collective voice of its people, neighborhoods, schools, nonprofits, businesses, and civic organizations.

🔒

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 $108,731

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $108,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,323

Fundraising Expenses $0

Program Expenses $84,329

Other Expenses $17,030

TOTAL EXPENSES $91,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,731	$5,474	+18.9%
Expenses	$91,353	$4,657	+18.6%
Net Income	$17,378	$817	+20.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregory Asciutto	Executive Director	60.00	Highest	$75,000	$0	$75,000
Dannie Kerns	Director	1.00	Director	$0	$0	$0
Jordan Lopez	Director	1.00	Director	$0	$0	$0
John Holmes	Director	1.00	Director	$0	$0	$0
Sandra McPhaul	Director	1.00	Director	$0	$0	$0
Diana Martinez	Director	1.00	Director	$0	$0	$0
Carolyn Millen	Director	1.00	Director	$0	$0	$0
Venitra White-Dean	Director	1.00	Director	$0	$0	$0
Maureen Gilewski	Chair	10.00	Officer	$0	$0	$0
Ramone Bellagamba	Vice Chair	2.00	Officer	$0	$0	$0
Kathy Buckley	Secretary	2.00	Officer	$0	$0	$0
Chris Danis	Treasurer	2.00	Officer	$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
2025	No data	No data	No data	No data
2024	$108,731	$91,353	$49,063	$17,378

CharlotteEAST