PROFESSIONAL ENGINEERS OF NORTH CAROLINA EDUCATIONAL FOUNDATION (EIN 561437097) - 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

1984

Legal Domicile

Principal Officer

GRANT LIVENGOOD

Phone

9197875181

Tax Period

2023-07-01 to 2024-06-30

PROFESSIONAL ENGINEERS OF NORTH CAROLINA EDUCATIONAL FOUNDATION, founded in 1984, is a small nonprofit in the Education sector that reported $280K in total revenue in fiscal year 2023. Revenue surged 459% from the prior year, signaling strong growth momentum. The organization ran a surplus of $134K, a strong 48% operating margin.

Mission

TO PROMOTE THE ENGINEERING 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $246,891

Program Service Revenue $0

Investment Income $33,859

Other Revenue $-437

TOTAL REVENUE $280,313

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,037

Other Expenses $133,433

TOTAL EXPENSES $146,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$280,313	$50,147	+4.6%
Expenses	$146,433	$262,937	-0.4%
Net Income	$133,880	$-212,790	-1.6%

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

N/A

Volunteers

150

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

$7,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRANT LIVENGOOD	PRESIDENT	3.00	Officer Director	$0	$0	$0
CHARLIE TOWNSEND	SECRETARY	3.00	Officer Director	$0	$0	$0
TODD ROUSE	TREASURER	3.00	Officer Director	$0	$0	$0
MARK SMITH	DIRECTOR	3.00	Director	$0	$0	$0
TOMMY SHERARD	DIRECTOR	3.00	Director	$0	$0	$0
BILL JENKINS	DIRECTOR	3.00	Director	$0	$0	$0
AMIT SACHAN	DIRECTOR	3.00	Director	$0	$0	$0
CARL BONNER	DIRECTOR EMERITUS	3.00	Director	$0	$0	$0
VANESSA LACLAIR	EXECUTIVE DIRECTOR	24.00	Officer	$7,500	$0	$7,500

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
2024	$280,313	$146,433	$789,151	$133,880
2023	$50,147	$262,937	$607,142	$-212,790
2022	$278,326	$59,590	$769,875	$218,736
2021	$73,377	$29,391	$691,893	$43,986
2020	$86,157	$92,842	$570,570	$-6,685
2019	$101,972	$102,659	$570,178	$-687
2018	$92,892	$96,643	$555,234	$-3,751

PROFESSIONAL ENGINEERS OF NORTH CAROLINA EDUCATIONAL FOUNDATION