NORTH CAROLINA FOUNDATION FOR ALCOHOL & DRUG STUDIES INC (EIN 561318431) - 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

1978

Legal Domicile

Principal Officer

BETH HARMER

Phone

9104317937

Tax Period

2023-10-01 to 2024-09-30

NORTH CAROLINA FOUNDATION FOR ALCOHOL & DRUG STUDIES INC, founded in 1978, is a small nonprofit that reported $182K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $176K left a modest 3% surplus.

Mission

ANNUAL SCHOOL PROVIDES TRAINING TO ATTENDEES IN ALCOHOL AND DRUG STUDIES.

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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 $0

Program Service Revenue $168,953

Investment Income $13,117

Other Revenue $80

TOTAL REVENUE $182,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,877

Fundraising Expenses $0

Program Expenses $151,113

Other Expenses $118,229

TOTAL EXPENSES $176,106

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,150	$152,642	+0.2%
Expenses	$176,106	$133,646	+0.3%
Net Income	$6,044	$18,996	-0.7%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH COCHREN	EXECUTIVE DI	15.00		$41,380	$0	$41,380
VIRGINIA JOHNSON	EXECUTIVE DI	15.00		$12,180	$0	$12,180
YASMIN GAY	TREASURER	4.00	Officer	$0	$0	$0
BETH HARMER	PRESIDENT/SE	4.00	Officer	$0	$0	$0
PAUL WEAVER	VICE PRESIDE	4.00	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
2024	$182,150	$176,106	$613,437	$6,044
2023	$152,642	$133,646	$550,092	$18,996
2022	$203,212	$210,937	$512,883	$-7,725
2021	$156,430	$80,851	$566,929	$75,579
2020	$177,743	$133,173	$454,732	$44,570

NORTH CAROLINA FOUNDATION FOR ALCOHOL & DRUG STUDIES INC