THE NORTH CAROLINA CHAPTER OF THE AMERICAN COLLEGE OF PHYSICIANS

EIN: 561269108 501(c)(3) Diseases & Disorders

RALEIGH, NC

Total Revenue
$142,273
Total Expenses
$71,064
Total Assets
$356,698
Net Assets
$356,698
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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
1979
Legal Domicile
NC
Principal Officer
W ALAN SKIPPER
Phone
9198333836
Tax Period
2020-07-01 to 2021-06-30

THE NORTH CAROLINA CHAPTER OF THE AMERICAN COLLEGE OF PHYSICIANS, founded in 1979, is a small nonprofit in the Diseases & Disorders sector that reported $142K in total revenue in fiscal year 2020. The organization ran a surplus of $71K, a strong 50% operating margin.

Mission

TO ENHANCE THE QUALITY AND EFFECTIVENESS OF HEALTH CARE BY FOSTERING EXCELLENCE AND PROFESSIONALISM IN THE PRACTICE OF MEDICINE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $110,093
Program Service Revenue $23,755
Investment Income $8,425
Other Revenue $0
TOTAL REVENUE $142,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $63,950
Other Expenses $71,064
TOTAL EXPENSES $71,064

Year-over-Year Comparison

2020 2019 Change
Revenue $142,273 $145,685 0.0%
Expenses $71,064 $134,323 -0.5%
Net Income $71,209 $11,362 +5.3%
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
19
Independent Members
19
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LACY HOBGOOD MD GOVERNOR 5.00
Officer Director
$0 $0 $0
SCOTT FURNEY MD SECRETARY-TREASURER 2.00
Officer Director
$0 $0 $0
JENNY HINSON MD COUNCILOR 1.00
Director
$0 $0 $0
DAVID L TOLENTINO DO FACOI COUNCILOR 1.00
Director
$0 $0 $0
DUNCAN VINCENT MD COUNCILOR 1.00
Director
$0 $0 $0
NOEL IVEY MD FACP COUNCILOR 1.00
Director
$0 $0 $0
MARY CATHERINE TURNER MD FACP COUNCILOR 1.00
Director
$0 $0 $0
DONNA WILLIAMS MD COUNCILOR 1.00
Director
$0 $0 $0
VYNEDRA SMITH MD COUNCILOR 1.00
Director
$0 $0 $0
MARION M MCCRARY MD FACP COUNCILOR 1.00
Director
$0 $0 $0
NANCY A FINNIGAN DO FACP COUNCILOR 1.00
Director
$0 $0 $0
LAILA A AWNY MD FACP COUNCILOR 1.00
Director
$0 $0 $0
NICHOLAS YOUNG COUNCILOR 1.00
Director
$0 $0 $0
LYNN A BOWLBY MD COUNCILOR 1.00
Director
$0 $0 $0
DEBRA BYNUM MD COUNCILOR 1.00
Director
$0 $0 $0
HUGH DOWLEN MD COUNCILOR 1.00
Director
$0 $0 $0
BROOKS KEENE MD RESIDENT MEMBER 1.00
Director
$0 $0 $0
CLAUDIA LOYOLA MEDICAL STUDENT MEMBER 1.00
Director
$0 $0 $0
TRENEE LITTLE MEDICAL STUDENT MEMBER 1.00
Director
$0 $0 $0
MICHAEL R TOWARNICKY MD OFFICER UNTIL FEB. 2020 1.00
Director
$0 $0 $0
PAUL CHELMINSKI MD COUNCILOR UNTIL FEB. 2020 1.00
Director
$0 $0 $0
KIRSTEN FEIEREISEL MD COUNCILOR UNTIL FEB. 2020 1.00
Director
$0 $0 $0
NICOLE CHANG MEMBER UNTIL FEB. 2020 1.00
Director
$0 $0 $0
W ALAN SKIPPER CAE EXECUTIVE DIRECTOR 2.73
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
2025 No data No data No data No data
2021 $142,273 $71,064 $356,698 $71,209
2020 $145,685 $134,323 $256,830 $11,362
2019 $158,909 $135,341 $248,934 $23,568
2018 $131,865 $165,898 $220,574 $-34,033
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