CAROLINAS VIRGINIA MINORITY SUPPLIER DEVELOPMENT COUNCILS INC (EIN 561191106) - 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

1977

Legal Domicile

Phone

7045491000

Tax Period

2023-01-01 to 2023-12-31

CAROLINAS VIRGINIA MINORITY SUPPLIER DEVELOPMENT COUNCILS INC, founded in 1977, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 8% surplus.

Mission

CVMSDC Connects MBEs and Corporations to Drive Economic Growth

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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 $698,310

Program Service Revenue $737,189

Investment Income $849

Other Revenue $0

TOTAL REVENUE $1,436,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $611,856

Fundraising Expenses $147,559

Program Expenses $1,058,610

Other Expenses $704,518

TOTAL EXPENSES $1,316,374

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,436,348	$1,403,116	+0.0%
Expenses	$1,316,374	$1,198,866	+0.1%
Net Income	$119,974	$204,250	-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

Total Directors

Key Employees

$158,403

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOMINIQUE MILTON	PRESIDENT & CEO	40.00	Key Emp	$158,403	$0	$158,403
DEBRA WHITE	CHAIR	2.00	Officer Director	$0	$0	$0
JONATHAN WILKINS	1ST VICE CHAIR	2.00	Officer Director	$0	$0	$0
CATHY WILLIAMS	2ND VICE CHAIR	2.00	Officer Director	$0	$0	$0
S DALLAS SIMMONS	TREASURER	2.00	Officer Director	$0	$0	$0
ANDREA HORNE	SECRETARY	2.00	Officer Director	$0	$0	$0
MATTEO DI MICHELE	DIRECTOR	1.00	Director	$0	$0	$0
JAMES W JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
CHIQUITA LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HAMLIN	DIRECTOR	1.00	Director	$0	$0	$0
JERRY KNIGHTON JR	DIRECTOR	1.00	Director	$0	$0	$0
DALLAS SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
CARLO WHITE	DIRECTOR	1.00	Director	$0	$0	$0
TROY ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
LISA BLAKE	DIRECTOR	1.00	Director	$0	$0	$0
GREG LASKEY	DIRECTOR	1.00	Director Highest	$0	$0	$0
LISSA MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JEFFERY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA SABINE LIDL	DIRECTOR	1.00	Director	$0	$0	$0
ANTON GUNN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX MOORE	DIRECTOR	1.00	Director	$0	$0	$0
DERRICK JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
DALLAS DANCE	DIRECTOR	1.00	Director	$0	$0	$0
RONALD HARVEY	DIRECTOR	1.00	Director	$0	$0	$0
TJ LEWIS	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$1,436,348	$1,316,374	$1,656,064	$119,974
2022	$1,403,116	$1,198,866	$1,586,105	$204,250
2021	$1,303,584	$982,871	$1,397,364	$320,713
2020	$1,423,240	$850,939	$1,151,271	$572,301
2019	$1,143,075	$997,608	$522,219	$145,467
2018	$1,193,143	$1,249,180	$538,362	$-56,037

CAROLINAS VIRGINIA MINORITY SUPPLIER DEVELOPMENT COUNCILS INC