CENTRALINA FOUNDATION INC

EIN: 550846088 501(c)(3) Public & Societal Benefit

CHARLOTTE, NC

Total Revenue
$783,368
Total Expenses
$782,413
Total Assets
$313,773
Net Assets
$38,402
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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
2023
Legal Domicile
NC
Principal Officer
GERALDINE GARDNER
Phone
7043482704
Tax Period
2024-07-01 to 2025-06-30

CENTRALINA FOUNDATION INC, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $783K in total revenue in fiscal year 2024.

Mission

SUPPORT ECONOMIC DEVELOPMENT IN THE CENTRALINA REGION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $783,368
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $783,368

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $779,755
Other Expenses $782,413
TOTAL EXPENSES $782,413

Year-over-Year Comparison

2024 2023 Change
Revenue $783,368 N/A N/A
Expenses $782,413 N/A N/A
Net Income $955 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALDINE GARDNER PRESIDENT 2.00
Director
$0 $0 $0
TONY LONG BOARD MEMBER 2.00
Director
$0 $0 $0
JAY MCCOSH BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID SCHOLL BOARD CHAIR 2.00
Director
$0 $0 $0
JARVIS WOODBURN BOARD MEMBER 2.00
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
2025 $783,368 $782,413 $313,773 $955
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