NORTH CAROLINA OBSTETRICAL AND GYNECOLOGICAL SOCIETY

EIN: 561302609

RALEIGH, NC

Total Revenue
$245,880
Total Expenses
$225,190
Total Assets
$106,716
Net Assets
$106,716
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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
1981
Legal Domicile
NC
Principal Officer
ASHLEY NEWTON
Phone
9198333836
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA OBSTETRICAL AND GYNECOLOGICAL SOCIETY, founded in 1981, is a small nonprofit that reported $246K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $225K left a modest 8% surplus.

Mission

THE NORTH CAROLINA OBSTETRICAL & GYNECOLOGICAL SOCIETY IS THE VOICE OF OB/GYN PHYSICIANS IN NORTH CAROLINA. THROUGH EDUCATION, ADVOCACY, COMMUNICATIONS AND PROFESSIONAL RELATIONS, WE REPRESENT YOUR PROFESSIONAL INTERESTS AND PROMOTE EXCELLENCE IN PATIENT CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $140,550
Program Service Revenue $105,330
Investment Income $0
Other Revenue $0
TOTAL REVENUE $245,880

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,995
Fundraising Expenses $0
Program Expenses $79,717
Other Expenses $207,195
TOTAL EXPENSES $225,190

Year-over-Year Comparison

2023 2022 Change
Revenue $245,880 $221,057 +0.1%
Expenses $225,190 $229,439 0.0%
Net Income $20,690 $-8,382 -3.5%
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
8
Independent Members
8
Employees
N/A
Volunteers
10

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
7
$17,754
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOR O SVENDSEN MD PRESIDENT 1.00
Officer Director
$0 $0 $0
APRIL MILLER MD PRESIDENT - ELECT 0.50
Officer Director
$0 $0 $0
ALAN ROSENBAUM MD TREASURER 0.50
Officer Director
$0 $0 $0
COURTNEY STRICKLAND SECRETARY 0.50
Officer Director
$0 $0 $0
AMY BRYANT MD MEMBER AT LARGE 0.25
Director
$0 $0 $0
ASHLEY NAVARRO MD MEMBER AT LARGE 0.25
Director
$0 $0 $0
MARIA SMALL MD MEMBER AT LARGE 0.25
Director
$0 $0 $0
ELIZABETH G LIVINGSTON MD SR. ADVISOR 0.25
Director
$0 $0 $0
VELMA TAORMINA MD PAST PRESIDENT 0.25
Officer
$0 $0 $0
W ALAN SKIPPER SR. EXECUTIVE DIRECTOR 10.00
Officer
$10,563 $0 $10,563
ASHLEY NEWTON EXECUTIVE DIRECTOR 5.00
Officer
$7,191 $0 $7,191
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
2023 $245,880 $225,190 $106,716 $20,690
2022 $221,057 $229,439 $86,026 $-8,382
2019 $235,425 $272,566 $1,367 $-37,141
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