DURHAM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CAROLINA FRIENDS SCHOOL, founded in 1962, is a mid-sized nonprofit that reported $17.6M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $36.1M represent 25 months of operating reserves.
CAROLINA FRIENDS SCHOOL IS A VIBRANT AND INCLUSIVE LEARNING COMMUNITY EMPOWERING STUDENTS TO THINK CRITICALLY, CREATIVELY, AND INDEPENDENTLY. WE FOSTER ACTIVE EXPLORATION AND QUIET REFLECTION, INDIVIDUAL ENDEAVOR AND COLLABORATIVE ENGAGEMENT. INSPIRED BY QUAKER VALUES PURSUIT OF TRUTH, RESPECT FOR ALL, PEACEFUL RESOLUTION OF CONFLICT, SIMPLICITY, THE CALL TO SERVICE, WE TEACH OUR CHILDREN THAT IT IS POSSIBLE TO CHANGE THE WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $17,605,330 | $16,054,025 | +0.1% |
| Expenses | $18,532,732 | $17,861,140 | +0.0% |
| Net Income | $-927,402 | $-1,807,115 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN RICHARDSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| REBECCA PALMER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MC RAGSDALE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK KUHN | BOARD CLERK | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARGARET CAMPION | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURA YOUNG | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LAMANDA PRYOR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TABITHA BLACKWELL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN NEWCOMER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| IAN JENNINGS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JILL TIKKUN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC GRAVES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID HAINES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CORT BENNETT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CINDY COVINGTON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARI SMITH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BILL O'CONNNOR | BOARD SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROCKY ANCONA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SHEILAH THOMAS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| WAYNE HOLDEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANNA FAATILIGA | DIRECTOR OF FINANCE | 40.00 |
Officer
|
$85,899 | $7,955 | $93,854 |
| KAREN CUMBERBATCH | HEAD OF SCHOOL | 40.00 |
Officer
|
$257,501 | $25,557 | $283,058 |
| JOHN SHARON | ASSISTANT HEAD OF SCHOOL LEARNING | 40.00 |
Officer
|
$129,086 | $20,914 | $150,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $17,605,330 | $18,532,732 | $46,474,296 | $-927,402 |
| 2024 | $16,054,025 | $17,861,140 | $46,671,754 | $-1,807,115 |
| 2023 | $16,601,253 | $15,680,013 | $47,313,984 | $921,240 |
| 2022 | $15,941,708 | $14,009,389 | $44,868,357 | $1,932,319 |
| 2021 | $15,676,975 | $14,251,632 | $47,718,399 | $1,425,343 |
| 2020 | $13,909,604 | $12,689,003 | $42,537,688 | $1,220,601 |
| 2019 | $14,766,399 | $12,502,498 | $41,667,045 | $2,263,901 |
| 2018 | $13,459,958 | $11,374,456 | $40,760,552 | $2,085,502 |
Compare CAROLINA FRIENDS SCHOOL with other nonprofits in North Carolina and across the country.