FAMILY SUPPORT NETWORK OF EASTERN NC INC (EIN 561600347) - 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

KELLY PHILLIPS

Phone

2529174110

Tax Period

2021-01-01 to 2021-12-31

FAMILY SUPPORT NETWORK OF EASTERN NC INC, founded in 1984, is a micro nonprofit that reported $46K in total revenue in fiscal year 2021. Revenue decreased 17% compared to the prior year.

Mission

SUPPORT GROUP

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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 (2021)

Revenue Breakdown

Contributions & Grants $47,045

Program Service Revenue $0

Investment Income $1

Other Revenue $-1,347

TOTAL REVENUE $45,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,677

Fundraising Expenses $1,581

Program Expenses $42,824

Other Expenses $11,514

TOTAL EXPENSES $49,191

Year-over-Year Comparison

	2021	2020	Change
Revenue	$45,699	$54,842	-0.2%
Expenses	$49,191	$50,473	0.0%
Net Income	$-3,492	$4,369	-1.8%

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

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

$35,000

Total Directors

$35,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY PHILLIPS	EXECUTIVE DI	40.00	Officer Director	$35,000	$0	$35,000
YEN NGUYGEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
LILLIAN WHICHARD	VICE-PRESIDE	5.00	Officer Director	$0	$0	$0
JAY NELSON	TREASURER	5.00	Officer Director	$0	$0	$0
SARITA CAWIEZELL	SECRETARY	5.00	Officer Director	$0	$0	$0
DR BETTIE ANN CARROLL	DIRECTOR	5.00	Director	$0	$0	$0
SHANNON HOLTON	DIRECTOR	5.00	Director	$0	$0	$0
DEBBIE IAMS	DIRECTOR	5.00	Director	$0	$0	$0
KRYSTAL FAIRBROTHER	DIRECTOR	5.00	Director	$0	$0	$0
RANDALL LEACH	DIRECTOR	5.00	Director	$0	$0	$0
JULIE BRICKHOUSE	DIRECTOR	5.00	Director	$0	$0	$0
REAGAN ASKEW	DIRECTOR	5.00	Director	$0	$0	$0
DAVID DAMM	DIRECTOR	5.00	Director	$0	$0	$0
DAVID FAIRBROTHER	DIRECTOR	5.00	Director	$0	$0	$0
DANIELLE SWAIN	DIRECTOR	5.00	Director	$0	$0	$0
DR NADYAH JOHN	DIRECTOR	5.00	Director	$0	$0	$0
LYNNE SIEGEL	DIRECTOR	5.00	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
2021	$45,699	$49,191	$68,262	$-3,492
2020	$54,842	$50,473	$72,932	$4,369

FAMILY SUPPORT NETWORK OF EASTERN NC INC