NORTH CAROLINA VICTIM ASSISTANCE NETWORK (EIN 561525424) - 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

1986

Legal Domicile

Principal Officer

ELIZABETH WATSON

Phone

9198312857

Tax Period

2024-07-01 to 2025-06-30

NORTH CAROLINA VICTIM ASSISTANCE NETWORK, founded in 1986, is a small nonprofit that reported $561K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $629K exceeded revenue, resulting in a 12% operating deficit.

Mission

THROUGH ADVOCACY, TRAINING, AND TECHNICAL ASSISTANCE, WE PROMOTE THE RIGHTS AND WELL-BEING OF LOVED ONES OF HOMICIDE VICTIMS AND OTHERS HARMED BY VIOLENT CRIME IN NORTH CAROLINA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $546,029

Program Service Revenue $19,864

Investment Income $0

Other Revenue $-4,591

TOTAL REVENUE $561,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $497,192

Fundraising Expenses $0

Program Expenses $556,104

Other Expenses $131,634

TOTAL EXPENSES $628,826

Year-over-Year Comparison

	2024	2023	Change
Revenue	$561,302	$805,252	-0.3%
Expenses	$628,826	$887,938	-0.3%
Net Income	$-67,524	$-82,686	-0.2%

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

166

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

$83,125

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATIE DANAHER DE CARDENAS	BOARD PRESIDENT	0.50	Officer Director	$0	$0	$0
CAROL NELSON	BOARD TREASURER	0.50	Officer Director	$0	$0	$0
GLORINA STALLWORTH	BOARD MEMBER	0.30	Director	$0	$0	$0
RHONDA POWELL	BOARD MEMBER	0.30	Director	$0	$0	$0
ELIZABETH WATSON	EXECUTIVE DIRECTOR	40.00	Officer	$83,125	$0	$83,125

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	$561,302	$628,826	$79,729	$-67,524
2024	$805,252	$887,938	$115,500	$-82,686
2024	$782,730	$971,278	$109,421	$-188,548
2023	$1,351,119	$1,415,335	$288,177	$-64,216
2022	$1,794,415	$1,567,805	$322,528	$226,610
2021	$1,278,918	$1,274,556	$110,093	$4,362
2020	$872,216	$998,516	$185,100	$-126,300
2019	$871,307	$796,819	$165,501	$74,488
2018	$393,398	$395,012	$55,082	$-1,614

NORTH CAROLINA VICTIM ASSISTANCE NETWORK