MID CAROLINA REGIONAL ASSOCIATION

EIN: 561093915 Community Improvement

SOUTHERN PINES, NC

Total Revenue
$587,381
Total Expenses
$468,664
Total Assets
$1,093,427
Net Assets
$1,092,209
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
SANDRA D BARNHARDT
Phone
9106928988
Tax Period
2024-01-01 to 2024-12-31

MID CAROLINA REGIONAL ASSOCIATION, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $587K in total revenue in fiscal year 2024. The organization ran a surplus of $119K, a strong 20% operating margin.

Mission

TO PROVIDE REALTOR OVERSIGHT AND TO ENCOURAGE COOPERATION AMONG REALTORS AND IMPROVE BUSINESS CONDITIONS IN THE REAL ESTATE FIELD IN THE MOORE COUNTY, NORTH CAROLINA AREA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $551,389
Investment Income $35,992
Other Revenue $0
TOTAL REVENUE $587,381

Expense Breakdown

Grants Paid $0
Salaries & Benefits $281,404
Fundraising Expenses $0
Other Expenses $187,260
TOTAL EXPENSES $468,664

Year-over-Year Comparison

2024 2023 Change
Revenue $587,381 $571,719 +0.0%
Expenses $468,664 $520,035 -0.1%
Net Income $118,717 $51,684 +1.3%
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

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Governance

Voting Members
11
Independent Members
500
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
5
$101,596
Total Directors
7
$101,596
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMANTHA COLE PRESIDENT ELECT 1.00
Director
$0 $0 $0
SANDRA D BARNHARDT EXECUTIVE DIRECTOR 40.00
Officer Director
$101,596 $0 $101,596
ANGELA THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
LAURA LYCANS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER RITCHIE DIRECTOR 1.00
Director
$0 $0 $0
BECCA LEEN DIRECTOR 1.00
Director
$0 $0 $0
DIANA BIRLEAN DIRECTOR 1.00
Director
$0 $0 $0
KELLIE ADAMS PRESIDENT 1.00
Officer
$0 $0 $0
JILL MCLESTER PAST PRESIDENT 1.00
Officer
$0 $0 $0
CASEY BARBERA TREASURER 1.00
Officer
$0 $0 $0
SUSAN WILLIAMS ASSN PRESIDENT 1.00
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 $587,381 $468,664 $1,093,427 $118,717
2023 $571,719 $520,035 $983,712 $51,684
2022 $561,849 $443,194 $925,772 $118,655
2021 $474,990 $367,952 $806,318 $107,038
2020 $500,515 $318,743 $697,344 $181,772
2019 $486,461 $306,245 $520,298 $180,216
2018 $480,945 $378,873 $336,791 $102,072
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