FAMILIES FIRST-NC INC (EIN 561844408) - 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

1987

Legal Domicile

Principal Officer

GRACE KNIGHT

Phone

7046300481

Tax Period

2024-07-01 to 2025-06-30

FAMILIES FIRST-NC INC, founded in 1987, is a small nonprofit in the Human Services sector that reported $946K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 16% operating margin.

Mission

TO STRENGTHEN ALL FAMILIES BY PROVIDING PARENTING INFORMATION AND EDUCATION AND BY PREVENTING ADOLESCENT PREGNANCY.

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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 $912,175

Program Service Revenue $0

Investment Income $28,506

Other Revenue $5,350

TOTAL REVENUE $946,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $595,304

Fundraising Expenses $0

Program Expenses $642,753

Other Expenses $197,765

TOTAL EXPENSES $793,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$946,031	$681,536	+0.4%
Expenses	$793,069	$812,184	0.0%
Net Income	$152,962	$-130,648	-2.2%

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

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

$75,467

Total Directors

$75,467

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE KNIGHT	EXECUTIVE DI	0.00	Officer Director	$0	$0	$0
JEANNIE SHERRILL	FORMER EXEC	40.00	Officer Director	$75,467	$0	$75,467
GREG ALCORN	PRESIDENT	0.00	Officer Director	$0	$0	$0
VINCIA MILLER	VICE PRESIDE	0.00	Officer Director	$0	$0	$0
JOYCE GOODWIN	TREASURER	0.00	Officer Director	$0	$0	$0
ELIJAH BELTON	DIRECTOR	0.00	Director	$0	$0	$0
REV CAROL HALLMAN	DIRECTOR	0.00	Director	$0	$0	$0
NATALIE MURPHY	DIRECTOR	0.00	Director	$0	$0	$0
MELONIE THOMPSON	DIRECTOR	0.00	Director	$0	$0	$0
ESTER SMITH	DIRECTOR	0.00	Director	$0	$0	$0
LUKE HAMATY	DIRECTOR	0.00	Director	$0	$0	$0
NICHOLE PEQUENO	DIRECTOR	0.00	Director	$0	$0	$0
HEATHER MOBLEY	DIRECTOR	0.00	Director	$0	$0	$0
GEMALE BLACK	DIRECTOR	0.00	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
2025	$946,031	$793,069	$485,442	$152,962
2024	$681,536	$812,184	$336,132	$-130,648
2023	$788,298	$757,013	$456,564	$31,285
2022	$805,761	$733,567	$424,679	$72,194
2021	$843,118	$745,780	$435,242	$97,338
2020	$724,493	$744,120	$263,027	$-19,627
2019	$836,543	$803,486	$359,625	$33,057

FAMILIES FIRST-NC INC