CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CAROLINAS LGBT CHAMBER OF COMMERCE, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $337K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $403K exceeded revenue, resulting in a 20% operating deficit.
TO GROW AND ADVANCE ECONOMIC SUCCESS, EQUITY & INCLUSION ACROSS THE CAROLINAS FOR LGBTQ+ AND ALLIED BUSINESSES AND PROFESSIONALS.
ANNUAL AWARDS GALA - ANNUAL EVENT FOCUSING ON BUSINESS AND COMMUNITY MEMBERS WHO HAVE MADE SIGNIFICANT IMPACTS ACROSS THE REGION.
LUNCH & LEARN SERIES AND OTHER NETWORKING EVENTS - ENGAGE AND EDUCATE THROUGH OUR LUNCH & LEARN SERIES, WHERE PROFESSIONALS COME TOGETHER FOR INTERACTIVE SESSIONS ON DIVERSE TOPICS. ATTENDEES CAN...
LUNCH & LEARN SERIES AND OTHER NETWORKING EVENTS - ENGAGE AND EDUCATE THROUGH OUR LUNCH & LEARN SERIES, WHERE PROFESSIONALS COME TOGETHER FOR INTERACTIVE SESSIONS ON DIVERSE TOPICS. ATTENDEES CAN EXPAND THEIR KNOWLEDGE, NETWORK WITH INDUSTRY LEADERS, AND ENJOY A PRODUCTIVE LUNCH HOUR FILLED WITH VALUABLE INSIGHTS.
SUPPLIER DIVERSITY INTIATIVES - THIS PROGRAM FOCUSES ON EMPOWERING MINORITY SMALL BUSINESSES WITHIN THE LGBTQ COMMUNITY THROUGH COMPREHENSIVE TRAINING, GUIDANCE, AND SUPPORT. WE OFFER ASSISTANCE TO...
SUPPLIER DIVERSITY INTIATIVES - THIS PROGRAM FOCUSES ON EMPOWERING MINORITY SMALL BUSINESSES WITHIN THE LGBTQ COMMUNITY THROUGH COMPREHENSIVE TRAINING, GUIDANCE, AND SUPPORT. WE OFFER ASSISTANCE TO THESE BUSINESSES TO HELP THEM OBTAIN CERTIFICATIONS, NAVIGATE PROCUREMENT OPPORTUNITIES, AND ENHANCE THEIR ABILITY TO RESPOND TO RFPS. THIS PROGRAM IS A CATALYST FOR FOSTERING INCLUSIVITY, ECONOMIC GROWTH, AND BUSINESS SUCCESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $336,589 | $435,285 | -0.2% |
| Expenses | $402,742 | $541,124 | -0.3% |
| Net Income | $-66,153 | $-105,839 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELISSA MORRIS | CHAIR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRYAN VANHUYSTEE | DIRECTOR OF FINANCE | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATTHEW HUMPHREY | VICE-CHAIR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| NATE TURNER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN MADDOZ | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| ADAM HAYES | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| DONTE PRAYER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| ZACH ANDERSON | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JEN CARBUTO | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CHELBY NETTLES | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| BETTHANY CORRIGAN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CHAD TURNER | CEO | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $336,589 | $402,742 | $42,065 | $-66,153 |
| 2023 | $435,275 | $541,124 | $108,218 | $-105,849 |
| 2022 | $351,460 | $285,053 | $214,067 | $66,407 |
| 2021 | $201,511 | $148,125 | $147,660 | $53,386 |
| 2020 | $229,979 | $180,268 | $94,274 | $49,711 |
Compare CAROLINAS LGBT CHAMBER OF COMMERCE with other nonprofits in North Carolina and across the country.