North Carolina Psychiatric Association (EIN 561196167) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

Katy Kranze

Phone

9198593370

Tax Period

2024-05-01 to 2025-04-30

North Carolina Psychiatric Association, founded in 1972, is a small nonprofit that reported $504K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $98K, a strong 19% operating margin.

Mission

To promote the science, art and practice of psychiatry and to maintain high professional standards in this field in the state of North Carolina.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $192,406

Program Service Revenue $241,163

Investment Income $62,764

Other Revenue $7,477

TOTAL REVENUE $503,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,472

Fundraising Expenses $0

Other Expenses $166,241

TOTAL EXPENSES $405,713

Year-over-Year Comparison

	2024	2023	Change
Revenue	$503,810	$463,083	+0.1%
Expenses	$405,713	$569,465	-0.3%
Net Income	$98,097	$-106,382	-1.9%

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

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

$120,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katy Kranze	Executive Dir.	40.00	Officer	$105,000	$15,750	$120,750
John Diamond MD	Board Member	0.25	Director	$0	$0	$0
J Nathan Copeland MD	Board Member	0.25	Director	$0	$0	$0
Devan Baijal DO	Board Member	0.25	Director	$0	$0	$0
Alexander Coburn MD	Board Member	0.25	Director	$0	$0	$0
Andrew Ji MD	Board Member	0.25	Director	$0	$0	$0
Obi Ikwechegh MD	Board Member	0.25	Director	$0	$0	$0
Jenny Kemper MD	Board Member	0.25	Director	$0	$0	$0
Katherine Kessler MD	Board Member	0.25	Director	$0	$0	$0
Peter Buonaccorsi MD	Board Member	0.25	Director	$0	$0	$0
Mehul Mankad MD	Board Member	0.25	Director	$0	$0	$0
Jordan Midkiff DO	Board Member	0.25	Director	$0	$0	$0
Eric Morse MD	Board Member	0.25	Director	$0	$0	$0
Enioluwafe Ojo MD	Board Member	0.25	Director	$0	$0	$0
April Schindler MD	Board Member	0.25	Director	$0	$0	$0
Kenya Windley MD	Board Member	0.25	Director	$0	$0	$0
Samina Aziz MBBS	Board Member	0.25	Director	$0	$0	$0
Layne Walker MD	Board Member	0.25	Director	$0	$0	$0
Michael Zarzar MD	Board Member	0.25	Director	$0	$0	$0
David Tyson MD	Board Member	0.25	Director	$0	$0	$0
Therese Garrett MD FAPA	President	0.25	Officer Director	$0	$0	$0
Scott Klenzak MD	President Elect	0.25	Officer Director	$0	$0	$0
Megan Pruette MD	Vice President	0.25	Officer Director	$0	$0	$0
Reem Utterback MD	Secretary	0.25	Officer Director	$0	$0	$0
E Elise Herman MD	Treasurer	0.25	Officer Director	$0	$0	$0
Constance Olatidoye MD	Imm Past Pres	0.25	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	$503,810	$405,713	$856,541	$98,097
2024	$463,083	$569,465	$706,894	$-106,382
2023	$445,114	$491,827	$745,862	$-46,713
2022	$333,305	$348,692	$758,340	$-15,387
2021	$414,505	$332,420	$842,132	$82,085
2020	$489,737	$445,733	$654,302	$44,004
2019	$455,432	$405,546	$693,350	$49,886
2018	$423,237	$405,552	$580,922	$17,685

North Carolina Psychiatric Association