NORTH CAROLINA FOUNDATION FOR NURSING INC (EIN 561651319) - 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

Legal Domicile

Principal Officer

TINA C GORDON

Phone

9198214250

Tax Period

2023-01-01 to 2023-12-31

NORTH CAROLINA FOUNDATION FOR NURSING INC, founded in 1988, is a small nonprofit that reported $126K in total revenue in fiscal year 2023. Expenses of $121K left a modest 4% surplus.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES RELATED TO NURSING.

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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 $65,265

Program Service Revenue $45,475

Investment Income $15,588

Other Revenue $0

TOTAL REVENUE $126,328

Expense Breakdown

Grants Paid $37,000

Salaries & Benefits $0

Fundraising Expenses $3,074

Program Expenses $104,919

Other Expenses $84,136

TOTAL EXPENSES $121,136

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,328	$121,541	+0.0%
Expenses	$121,136	$134,355	-0.1%
Net Income	$5,192	$-12,814	-1.4%

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

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

$351,773

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERYCK WILSON	PRESIDENT	0.00	Officer Director	$0	$0	$0
SHARON NELSON	SECRETARY/TREASURER	0.00	Officer Director	$0	$0	$0
SUSAN LANE	PRESIDENT ELECT	0.00	Officer Director	$0	$0	$0
TINA OKONKWO	TRUSTEE	0.00	Director	$0	$0	$0
GAIL SHUE	TRUSTEE	0.00	Director	$0	$0	$0
JOSHUA BARRETT	TRUSTEE	0.00	Director	$0	$0	$0
GLORIA MCNEIL	TRUSTEE	0.00	Director	$0	$0	$0
TINA C GORDON	EXECUTIVE DIRECTOR	1.00	Officer	$0	$33,802	$351,773

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	$126,328	$121,136	$572,459	$5,192
2022	$121,541	$134,355	$526,040	$-12,814
2021	$133,374	$124,315	$642,770	$9,059
2020	$59,102	$62,905	$675,597	$-3,803
2019	$95,003	$109,070	$607,231	$-14,067
2018	$141,032	$130,559	$587,789	$10,473

NORTH CAROLINA FOUNDATION FOR NURSING INC