NORTH CAROLINA PSYCHOLOGICAL ASSOCIATION INC

EIN: 561242192

RALEIGH, NC

Total Revenue
$342,812
Total Expenses
$360,560
Total Assets
$328,783
Net Assets
$328,783
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NC
Principal Officer
AMANDA SEAVEY PHD
Phone
9198721005
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA PSYCHOLOGICAL ASSOCIATION INC, founded in 1979, is a small nonprofit that reported $343K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

TO ADVOCATE FOR PSYCHOLOGY AS A SCIENCE, PROFESSION, AND A MEANS OF PROMOTING HUMAN WELFARE, AS WELL AS PROVIDING AN ORGANIZED VOICE FOR PSYCHOLOGY IN NORTH CAROLINA AND PROMOTING HIGH STANDARDS FOR THE PROFESSION.

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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 $215,984
Program Service Revenue $96,469
Investment Income $5,441
Other Revenue $24,918
TOTAL REVENUE $342,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,328
Fundraising Expenses $0
Program Expenses $351,011
Other Expenses $127,232
TOTAL EXPENSES $360,560

Year-over-Year Comparison

2024 2023 Change
Revenue $342,812 $415,096 -0.2%
Expenses $360,560 $392,701 -0.1%
Net Income $-17,748 $22,395 -1.8%
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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Governance

Voting Members
11
Independent Members
11
Employees
2
Volunteers
60

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
6
$122,121
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN HILL EDD NCPF PRESIDENT 1.00
Director
$0 $0 $0
MARY JANE ELLIOT PHD DIRECTOR 1.00
Director
$0 $0 $0
AMANDA SEAVEY PHD TREASURER 1.00
Officer Director
$0 $0 $0
SARAH COOK PHD PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
MATTHEW MCNALLY PHD DIRECTOR 1.00
Director
$0 $0 $0
DALE MANN PHD PRESIDENT 1.00
Officer Director
$0 $0 $0
CATHY FORNERIS JD PHD IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN ARNOLD PHD DIRECTOR 1.00
Director
$0 $0 $0
ADEIRDRE STRIBLING RILEY PHD DIRECTOR 1.00
Director
$0 $0 $0
SONJA FRISON PHD SECRETARY 1.00
Officer Director
$0 $0 $0
TRAVIS COLWELL PHD DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE LANGSTON DIRECTOR 1.00
Director
$0 $0 $0
MARTHA TURNER-QUEST EXECUTIVE DIRECTOR 40.00
Officer
$122,121 $0 $122,121
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 $342,812 $360,560 $328,783 $-17,748
2024 $415,096 $392,701 $346,531 $22,395
2023 $348,892 $343,363 $324,136 $5,529
2022 $404,773 $319,141 $318,607 $85,632
2021 $350,192 $340,857 $232,975 $9,335
2020 $508,416 $394,265 $223,640 $114,151
2019 $458,806 $480,052 $109,489 $-21,246
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