NORTH CAROLINA LITERARY AND HISTORICAL ASSOCIATION (EIN 560745888) - 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

1900

Legal Domicile

Principal Officer

Dr Darin Waters

Phone

9198077280

Tax Period

2024-07-01 to 2025-06-30

NORTH CAROLINA LITERARY AND HISTORICAL ASSOCIATION, founded in 1900, is a small nonprofit that reported $306K in total revenue in fiscal year 2024. Revenue surged 209% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 49% operating margin.

Mission

TO PROMOTE THE LITERATURE AND HISTORY OF NORTH CAROLINA

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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 (2024)

Revenue Breakdown

Contributions & Grants $280,579

Program Service Revenue $17,463

Investment Income $8,129

Other Revenue $0

TOTAL REVENUE $306,171

Expense Breakdown

Grants Paid $10,141

Salaries & Benefits $7,200

Fundraising Expenses $0

Program Expenses $145,476

Other Expenses $139,791

TOTAL EXPENSES $157,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,171	$99,050	+2.1%
Expenses	$157,132	$98,350	+0.6%
Net Income	$149,039	$700	+211.9%

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

$7,200

Total Directors

$7,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIE D'ALESSANDRO	TREASURER	1.00	Officer Director	$7,200	$0	$7,200
DR DARIN WATERS	SECRETARY	1.00	Officer	$0	$0	$0
DR JERRY GERSHENHORN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIC MEDLIN	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
LORRAINE HALE ROBINSON	MEMBER	0.50	Director	$0	$0	$0
OSCAR LEWIS	MEMBER	0.50	Director	$0	$0	$0
DR JELANI M FAVORS	MEMBER	0.50	Director	$0	$0	$0
SEJAL MEHTA	MEMBER	0.50	Director	$0	$0	$0
CRYSTAL SIMONE SMITH	MEMBER	0.50	Director	$0	$0	$0
HILARY GREEN	MEMBER	0.50	Director	$0	$0	$0
KIRSTIN SQUINT	MEMBER	0.50	Director	$0	$0	$0
MARJORIE HUDSON	MEMBER	0.50	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	$306,171	$157,132	$277,583	$149,039
2020	$110,628	$108,348	$92,571	$2,280
2019	$129,241	$127,594	$90,291	$1,647
2018	$148,420	$165,242	$89,859	$-16,822

NORTH CAROLINA LITERARY AND HISTORICAL ASSOCIATION