CHARITY LEAGUE INC (EIN 560560327) - Form 990 Financial Analysis & Trantor Score

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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

1928

Legal Domicile

Principal Officer

TAMARA PANGLE

Phone

7046345656

Tax Period

2023-06-01 to 2024-05-31

CHARITY LEAGUE INC, founded in 1928, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $151K in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 57% operating margin.

Mission

COMMITTED TO ENHANCING THE LIVES OF CHARLOTTE AREA CHILDREN BY PROMOTING ACADEMIC ACHIEVEMENT, PRO-SOCIAL BEHAVIOR AND SELF-WORTH.

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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 $51,427

Program Service Revenue $0

Investment Income $66,675

Other Revenue $33,011

TOTAL REVENUE $151,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,447

Other Expenses $64,321

TOTAL EXPENSES $64,321

Year-over-Year Comparison

	2023	2022	Change
Revenue	$151,113	$69,797	+1.2%
Expenses	$64,321	$78,856	-0.2%
Net Income	$86,792	$-9,059	-10.6%

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
LAYNE SABERT	PRESIDENT	1.00	Officer Director	$0	$0	$0
KIRSTAN HAMILTON	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN CARR	TREASURER	1.00	Officer Director	$0	$0	$0
CAROLYN POLLACK	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY LETOURNEAU	OUTGOING DIRECTOR	1.00	Director	$0	$0	$0
LISHA MORTON	DIRECTOR	1.00	Director	$0	$0	$0
MARCY MCKENNEY	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE THERRELL	DIRECTOR	1.00	Director	$0	$0	$0
ALECIA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ANGIE MARSHALL	INCOMING DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$151,113	$64,321	$536,071	$86,792
2023	$69,797	$78,856	$458,310	$-9,059
2022	$26,341	$81,468	$469,965	$-55,127
2021	$148,458	$114,143	$513,723	$34,315
2020	$43,604	$64,036	$479,167	$-20,432
2019	$61,120	$78,926	$493,037	$-17,806

CHARITY LEAGUE INC