NORTH CAROLINA FAMILIES UNITED (EIN 561922568) - 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

1995

Legal Domicile

Principal Officer

CORINTHIA HARPER

Phone

8282346977

Tax Period

2023-07-01 to 2024-06-30

NORTH CAROLINA FAMILIES UNITED, founded in 1995, is a small nonprofit in the Human Services sector that reported $680K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 18% operating margin.

Mission

NC Families United empowers families and advocates for children with mental health needs by connecting them to resources and influencing policy to improve care systems.

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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 $680,391

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $680,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $444,886

Fundraising Expenses $0

Program Expenses $559,486

Other Expenses $114,601

TOTAL EXPENSES $559,487

Year-over-Year Comparison

	2023	2022	Change
Revenue	$680,391	$541,686	+0.3%
Expenses	$559,487	$504,498	+0.1%
Net Income	$120,904	$37,188	+2.3%

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
CORINTHIA HARPER	EXECUTIVE DIRECTOR	40	Officer Key Emp	$0	$0	$0
JANARIA NASH	BOARD CHAIR	5	Director	$0	$0	$0
CASSIDY MCCORKLE	VICE CHAIR	3	Director	$0	$0	$0
STEPHANIE ERWIN	SECRETARY	2	Director	$0	$0	$0
ROBERT SMITH	TREASURER	4	Director	$0	$0	$0
SHEBALA NORWOOD	MEMBER AT LARGE	2	Director	$0	$0	$0
LAVONDA WILLIAMS	MEMBER AT LARGE	2	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
2024	$680,391	$559,487	$498,487	$120,904
2021	$1,179,984	$1,006,806	$480,620	$173,178
2020	$1,135,510	$1,140,871	$189,542	$-5,361
2019	$950,498	$1,042,334	$115,721	$-91,836
2019	$1,075,849	$1,041,200	$242,206	$34,649
2018	$1,046,218	$1,037,051	$212,153	$9,167

NORTH CAROLINA FAMILIES UNITED