NORTH CAROLINA ASSISTED LIVING ASSOCIATION

EIN: 561854854

RALEIGH, NC

Total Revenue
$704,507
Total Expenses
$812,229
Total Assets
$1,581,696
Net Assets
$1,359,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NC
Principal Officer
FRANCES MESSER
Phone
9194672486
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA ASSISTED LIVING ASSOCIATION, founded in 1994, is a small nonprofit that reported $705K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $812K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO SUPPORT SOCIAL AND ASSISTED LIVING SERVICES, TO EDUCATE CONSUMERS, REGULATORS, LEGISLATORS, AND THE GENERAL PUBLIC ABOUT ASSISTED LIVING.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $405,877
Program Service Revenue $288,646
Investment Income $9,984
Other Revenue $0
TOTAL REVENUE $704,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $295,284
Fundraising Expenses $0
Program Expenses $725,493
Other Expenses $516,945
TOTAL EXPENSES $812,229

Year-over-Year Comparison

2023 2022 Change
Revenue $704,507 $1,248,094 -0.4%
Expenses $812,229 $629,350 +0.3%
Net Income $-107,722 $618,744 -1.2%
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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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
11

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
3
$129,884
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONYA CLOUTIER CHAIR 1.00
Officer Director
$0 $0 $0
ANDY PAGE TREASURER 1.00
Officer Director
$0 $0 $0
DORIS TEACHEY BOARD MEMBER 1.00
Director
$0 $0 $0
KENNEDY BLOUNT BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY PLUMMER BOARD MEMBER 1.00
Director
$0 $0 $0
MARC MAREADY BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER LEONHARDT BOARD MEMBER 1.00
Director
$0 $0 $0
MEGHAN JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
BEVERLY JANCO BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCES MESSER PRESIDENT AND CEO 40.00
Officer
$129,884 $0 $129,884
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 $704,507 $812,229 $1,581,696 $-107,722
2022 $1,248,094 $629,350 $1,691,910 $618,744
2021 $785,376 $820,903 $1,088,405 $-35,527
2020 $16,598,280 $16,265,365 $1,188,441 $332,915
2019 $599,070 $555,939 $825,225 $43,131
2018 $643,176 $538,360 $796,571 $104,816
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