GREATER CHARLOTTE AUTOMOBILE DEALERSINC (EIN 560904527) - 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

1968

Legal Domicile

Principal Officer

Ahmad Halawi

Phone

7043641078

Tax Period

2023-01-01 to 2023-12-31

GREATER CHARLOTTE AUTOMOBILE DEALERSINC, founded in 1968, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 24% operating deficit.

Mission

PROMOTE AUTO INDUSTRY

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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 $41,000

Program Service Revenue $1,142,575

Investment Income $105,124

Other Revenue $198

TOTAL REVENUE $1,288,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $351,871

Fundraising Expenses $0

Program Expenses $949,079

Other Expenses $1,252,530

TOTAL EXPENSES $1,604,401

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,288,897	$1,048,630	+0.2%
Expenses	$1,604,401	$1,269,988	+0.3%
Net Income	$-315,504	$-221,358	+0.4%

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

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

$127,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer H Boswell	Former EXECUTIVE DIRECTOR	40.0	Officer	$123,894	$3,719	$127,613
Mark Cohen	Auto Show Chairman	0.0	Officer Director	$0	$0	$0
Scott McCorkle	Vice President	0.0	Officer Director	$0	$0	$0
Jeff Viner	President	0.0	Officer Director	$0	$0	$0
Claude Burns	DIRECTOR	0.0	Director	$0	$0	$0
Pete D'Angelo	DIRECTOR	0.0	Director	$0	$0	$0
Macon Griffin	DIRECTOR	0.0	Director	$0	$0	$0
Brian Johnson	DIRECTOR	0.0	Director	$0	$0	$0
Jim Keffer	DIRECTOR	0.0	Director	$0	$0	$0
Randy Marion	DIRECTOR	0.0	Director	$0	$0	$0
Natalie Tindol	DIRECTOR	0.0	Director	$0	$0	$0
Bill Musgrave	DIRECTOR	0.0	Director	$0	$0	$0
Cyndie Mynatt	DIRECTOR	0.0	Director	$0	$0	$0
Shane Purser	DIRECTOR	0.0	Director	$0	$0	$0
Ward Williams	DIRECTOR	0.0	Director	$0	$0	$0
Joe Maus	former president	0.0	Officer	$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
2024	No data	No data	No data	No data
2023	$1,288,897	$1,604,401	$3,261,458	$-315,504
2022	$1,048,630	$1,269,988	$3,312,562	$-221,358
2021	$1,508,003	$1,374,097	$4,132,424	$133,906
2020	$224,835	$681,750	$4,023,937	$-456,915
2019	$1,434,092	$1,275,713	$4,307,397	$158,379
2018	$1,357,990	$1,259,300	$3,735,817	$98,690

GREATER CHARLOTTE AUTOMOBILE DEALERSINC