ALAMANCE CLAIMS ASSOCIATION INC (EIN 561668101) - 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

1989

Legal Domicile

Principal Officer

NICOLE DANIEL

Phone

3365862709

Tax Period

2019-01-01 to 2019-12-31

ALAMANCE CLAIMS ASSOCIATION INC, founded in 1989, is a micro nonprofit that reported $724 in total revenue in fiscal year 2019. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $103K exceeded revenue, resulting in a 14160% operating deficit.

Mission

TO ENCOURAGE AND FOSTER FELLOWSHIP AMONG THOSE ENGAGED IN THE ADJUSTMENT OF INSURANCE CLAIMS AND RELATED ACTIVITIES AND TO SUPPORT FUND RAISING ACTIVITIES WHICH PROVIDES CONTINUING EDUCATION FOR OUR MEMBERS, SUPPORTS THE SCHOLARSHIP PROGRAM AND SELECTED LOCAL CHARITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $450

Program Service Revenue $0

Investment Income $0

Other Revenue $274

TOTAL REVENUE $724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $103,240

TOTAL EXPENSES $103,240

Year-over-Year Comparison

	2019	2018	Change
Revenue	$724	$47,240	-1.0%
Expenses	$103,240	$4,788	+20.6%
Net Income	$-102,516	$42,452	-3.4%

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

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
NICOLE DANIEL	PRESIDENT	2.00	Officer Director	$0	$0	$0
LORI WEBSTER	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
VIRGINA LEEDS	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMIE SOMERS	TREASURER	2.00	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
2019	$724	$103,240	No data	$-102,516
2018	$47,240	$4,788	$107,517	$42,452

ALAMANCE CLAIMS ASSOCIATION INC