Piedmont Natural Gas 501(C)(9) Retired Non- Bargaining Employees (EIN 561895440) - 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

1994

Legal Domicile

Principal Officer

The Bank of New York Mellon

Phone

4122342242

Tax Period

2023-01-01 to 2023-12-31

Piedmont Natural Gas 501(C)(9) Retired Non- Bargaining Employees, founded in 1994, is a small nonprofit that reported $213K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $635K exceeded revenue, resulting in a 199% operating deficit.

Mission

PAYMENT OF EMPLOYEE BENEFITS FOR ELIGIBLE EMPLOYEES AND DEPENDENTS.

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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 $0

Investment Income $214,015

Other Revenue $-1,375

TOTAL REVENUE $212,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,746

Fundraising Expenses $0

Program Expenses $0

Other Expenses $27,685

TOTAL EXPENSES $634,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$212,640	$420,123	-0.5%
Expenses	$634,787	$884,674	-0.3%
Net Income	$-422,147	$-464,551	-0.1%

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

N/A

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
Bank of New York Mellon	TRUSTEE (SEE SCHEDULE O)	0.0		$27,746	$0	$27,746

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	$212,640	$634,787	$984,501	$-422,147
2022	$420,123	$884,674	$5,702,291	$-464,551
2021	$756,173	$782,474	$7,732,238	$-26,301
2020	$606,124	$831,495	$7,660,349	$-225,371
2019	$734,362	$865,024	$7,499,248	$-130,662
2018	$544,202	$895,314	$7,049,895	$-351,112

Piedmont Natural Gas 501(C)(9) Retired Non- Bargaining Employees