Project Mgmt Instit NC Chapter

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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

1985

Legal Domicile

Phone

9195218458

Tax Period

2025-01-01 to 2025-12-31

Project Mgmt Instit NC Chapter, founded in 1985, is a small nonprofit that reported $210K in total revenue in fiscal year 2025. Net assets of $1.2M represent 69 months of operating reserves.

Mission

Achieving and maintaining public recognition of project management as a valued profession. Provide the membership high value for the members investment of time and money.

Program Service Accomplishments

Program 1

Expenses: $78,838

Annual Forum for Professional Development

Program 2

Expenses: $46,941

Maintaining a community of project managers, regardless of discipline, industry, company or geography by providing frequent opportunities for member interaction, education, and professional...

Maintaining a community of project managers, regardless of discipline, industry, company or geography by providing frequent opportunities for member interaction, education, and professional development. Established a community outreach program to enable the promotion of civil responsibilities by creating opportunities for the membership to apply to their profession by supporting community service projects.

Program 3

Expenses: $27,690

Project Management Professional Certification Program

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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 (2025)

Revenue Breakdown

Contributions & Grants $105,013

Program Service Revenue $78,235

Investment Income $26,025

Other Revenue $740

TOTAL REVENUE $210,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,261

Other Expenses $215,323

TOTAL EXPENSES $215,323

Year-over-Year Comparison

	2025	2024	Change
Revenue	$210,013	$209,340	+0.0%
Expenses	$215,323	$245,159	-0.1%
Net Income	$-5,310	$-35,819	-0.9%

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

N/A

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
Manosh Majumdar	President	10.00	Officer Director	$0	$0	$0
Nathanael Bennett	VP Programs	5.00	Officer Director	$0	$0	$0
Lalethia L Bethea	VP Prof Development	5.00	Officer Director	$0	$0	$0
Gunjan Arya	VP Membership	5.00	Officer Director	$0	$0	$0
Drew A Hollander	VP of Comm and Technology	5.00	Officer Director	$0	$0	$0
Carolyn Evans	Past President	5.00	Officer Director	$0	$0	$0
Ed Hackim	VP Certifications	5.00	Officer Director	$0	$0	$0
Rashmi Chandra	VP Marketing	5.00	Officer Director	$0	$0	$0
Lionel Dorismond	VP Finance	0.00	Officer Director	$0	$0	$0
Damien Perez	President Elect	5.00	Officer Director	$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	$210,013	$215,323	$1,222,394	$-5,310
2024	$209,340	$245,159	$1,118,484	$-35,819
2023	$149,291	$198,523	$1,034,807	$-49,232
2022	$131,487	$186,087	$994,458	$-54,600
2021	$136,432	$95,653	$1,181,379	$40,779
2020	$193,563	$151,262	$865,916	$42,301
2019	$483,888	$470,438	$761,681	$13,450
2018	$556,162	$442,037	$663,310	$114,125