North Carolina Travel Industry Association Inc

EIN: 560888216 Community Improvement

Charlotte, NC

Total Revenue
$225,983
Total Expenses
$214,203
Total Assets
$12,474
Net Assets
$-7,488
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
NC
Phone
7043333234
Tax Period
2024-07-01 to 2025-06-30

North Carolina Travel Industry Association Inc, founded in 1955, is a small nonprofit in the Community Improvement sector that reported $226K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $214K left a modest 5% surplus.

Mission

The North Carolina Travel Industry Association provides resources for anyone interested in issues relative to North Carolinas travel and tourism economy.

Program Service Accomplishments

Program 1

AdvcacyThe North Carolina Travel Industry Association conducts advocacy activities to represent and advance the interests of North Carolinas travel and tourism industry at the local, state, and...

Read more

AdvcacyThe North Carolina Travel Industry Association conducts advocacy activities to represent and advance the interests of North Carolinas travel and tourism industry at the local, state, and federal levels. The organization monitors legislative and regulatory issues affecting tourism, educates policymakers on the economic impact of travel in North Carolina, and engages in nonpartisan advocacy to promote policies that support destination development, workforce sustainability, and industry growth. Activities include legislative outreach, policy analysis, coalition participation, and communication with members regarding relevant public policy issues.

Program 2

Member Services & Industry SupportThe North Carolina Travel Industry Association provides member services and industry support programs designed to strengthen and connect tourism organizations and...

Read more

Member Services & Industry SupportThe North Carolina Travel Industry Association provides member services and industry support programs designed to strengthen and connect tourism organizations and businesses across the state. Services include educational programming, professional development opportunities, industry research and information sharing, networking events, and communications that promote best practices and collaboration within the travel and tourism sector. These activities support members operational effectiveness, economic sustainability, and collective advancement of North Carolinas tourism industry.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $174,620
Program Service Revenue $51,363
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,983

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $214,203
TOTAL EXPENSES $214,203

Year-over-Year Comparison

2024 2023 Change
Revenue $225,983 $203,120 +0.1%
Expenses $214,203 $211,304 +0.0%
Net Income $11,780 $-8,184 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
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
7
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Roberts President 2.00
Officer Director
$0 $0 $0
Sally Ashworth Vice President 2.00
Officer Director
$0 $0 $0
Chris Cavanaugh Vice President 2.00
Officer Director
$0 $0 $0
Tameron Kugler Vice President 2.00
Officer Director
$0 $0 $0
Donna Carpenter Secretary 2.00
Officer Director
$0 $0 $0
Angela Allen Treasurer 2.00
Officer Director
$0 $0 $0
Andrew Schmidt Past President 2.00
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
2025 $225,983 $214,203 $12,474 $11,780
2024 $203,120 $211,304 $694 $-8,184
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare North Carolina Travel Industry Association Inc with other nonprofits in North Carolina and across the country.