NORTH CAROLINA MANUFACTURERS ALLIANCE (EIN 561612915) - 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

1988

Principal Officer

NANCY THOMPSON

Phone

9198349459

Tax Period

2023-01-01 to 2023-12-31

NORTH CAROLINA MANUFACTURERS ALLIANCE, founded in 1988, is a small nonprofit that reported $642K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $554K left a modest 14% surplus.

Mission

SHARE AMONG MEMBERS INFO THAT WILL ENHANCE SUCH MEMBERS CAPABILITIES TO PROTECT EMPLOYEES, PROVIDE A MEANS FOR THE MANUFACTURING INDUSTRY TO WORK EFFECTIVELY WITH STATE & LOCAL GOVERNMENTS

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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 $641,415

Investment Income $297

Other Revenue $0

TOTAL REVENUE $641,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $299,707

Fundraising Expenses $0

Other Expenses $254,434

TOTAL EXPENSES $554,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$641,712	$567,003	+0.1%
Expenses	$554,141	$589,293	-0.1%
Net Income	$87,571	$-22,290	-4.9%

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

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
ROSS SMITH	FORMER PRESI	40.00		$145,000	$0	$145,000
SHARON DRESCHER	CHAIR	N/A	Officer Director	$0	$0	$0
DIANE HARDISON	VICE CHAIR	N/A	Officer Director	$0	$0	$0
NANCY THOMPSON	TREASURER	N/A	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
2024	No data	No data	No data	No data
2023	$641,712	$554,141	$550,838	$87,571
2022	$567,003	$589,293	$467,483	$-22,290
2021	$546,142	$456,338	$454,522	$89,804
2020	$527,307	$452,924	$364,116	$74,383
2019	$604,577	$567,422	$290,844	$37,155
2018	$642,500	$549,912	$257,197	$92,588

NORTH CAROLINA MANUFACTURERS ALLIANCE