Stanly County Humane Society

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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

2005

Legal Domicile

Principal Officer

Sharon Gadd

Phone

7049837729

Tax Period

2023-01-01 to 2023-12-31

Stanly County Humane Society, founded in 2005, is a micro nonprofit in the Animal-Related sector that reported $92K in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $194K exceeded revenue, resulting in a 111% operating deficit.

Mission

Humane education and the adoption of homeless animals.

Program Service Accomplishments

Program 1

Expenses: $185,945 Revenue: $80,147

Reduced the number of homeless animals handled by Stanly County Animal Control. Provide a safe harbor for Hospice animals and the homeless elderly animals.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,000

Program Service Revenue $73,465

Investment Income $6,682

Other Revenue $0

TOTAL REVENUE $92,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,945

Other Expenses $194,289

TOTAL EXPENSES $194,289

Year-over-Year Comparison

	2023	2022	Change
Revenue	$92,147	$537,863	-0.8%
Expenses	$194,289	$141,027	+0.4%
Net Income	$-102,142	$396,836	-1.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Sharon S Gadd	President	15.00	Officer Director	$0	$0	$0
Kim Lowell	Vice President	15.00	Officer Director	$0	$0	$0
Jordan Collins-Friis	Treasurer	15.00	Officer Director	$0	$0	$0
Lisa Gallamore	Secretary	15.00	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	$92,147	$194,289	$906,385	$-102,142
2022	$537,863	$141,027	$1,008,527	$396,836
2021	$362,964	$106,264	$611,691	$256,700
2020	$68,075	$114,367	$354,991	$-46,292